more to come
Bank of England Member of the Monetary Policy Committee Catherine Mann takes part in the Fireside chat at the Federal Reserve Board of Governors IF 75th anniversary conference, Washington DC. Rising inflation numbers in the UK are weighing on marekt expectations of further Bank of England rate cuts. Ears open if Mann refers to this.
Later we'll have meeting minutes from the most recent Reserve Bank of Australia meeting, back in May, when the Bank cut its cash rate again:
RBA cut rates as expected, AUD falls on 50 bps debateLater still is the private survey manufacturing PMI from China for May. On the weekend we got the official PMIs, manufacturing improved from April but remained in contraction:
China May Manufacturing PMI rose to 49.5 (prior 49.0), Non-manufacturing 50.3 (prior 50.4)Chinese and New Zealand markets reopen today after a holiday monday.
This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected. This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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