
The Week Ahead – US Jobs, RBA, BNM meetings, inflation in SZ, KR, PH, TH, ID and Scandi PMIs
Nomura – The Week Ahead
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Europe's PMI Data Is in Decline
There's not a lot from the UK or Europe, so our focus is going to be mostly on the other economies. We do expect to see continued weakness from these PMIs. Sweden and Norway are both undergoing very heavy economic pressures at the moment. It's all about monetary policy transmission lags it seems.
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