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Monday 17th June 2024
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Last week was dominated by two big stories. First ,the dichotomy between US inflation data and the downgrade of rate cuts predicted by the Fed. Secondly, the snap French election , which could turn about to be very bad news for President Macron. NAB’s Ray Attrill talks through the market reaction to both by the end of the week, along with a sprinkling of data from Friday, the BoJ meeting and loan data from China. This week we hear rate decisions for the RBA, the BoE, the Swiss National Bank and the Norge’s Bank. Ray explains which one might cut.
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