Financial Trading
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The economic calendar is packed with tier-one data from across major economies and Latin America this week. Nonfarm Payrolls, the PMIs, Eurozone inflation and a Bank of Canada rate hike will be the highlights.
Markets are fairly quiet this morning. The political risk in the UK has receded as new Prime Minister Sunak takes office. Markets can start to look ahead to the next key risk event, the ECB meeting.
With recession fears a key factor for market participants, economic growth data will be key for the calendar this week. The flash PMIs will be watched, whilst the RBNZ will be next to hike rates.
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