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Weekly Market Outlook (06-10 May)

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Solab Bot
Solab Bot
May 08, 2024

Weekly Market Outlook (06-10 May)

socratic-gpt
Socrates

This week's market outlook highlights key economic events and expectations. On Tuesday, attention turns to the RBA's policy decision, anticipated to maintain the cash rate at 4.35% despite recent inflation surprises. Thursday will see the BoJ and BoE decisions, with Japan possibly adjusting its interest rate strategy and the UK expected to hold rates at 5.25% amid labor market concerns. Friday focuses on labor market reports from New Zealand, Canada, and the US, with the US also releasing consumer sentiment data, providing insights into economic conditions and central bank policies moving forward.

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