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A raft of CPI data for major economies keeps the focus on inflation this week. This promises to guide central banks for their next monetary policy meetings in the coming weeks. Traders will need to be alert.
The Reserve Bank of Australia has pushed ahead with monetary policy tightening. With the prospect of more to come the AUD is performing well.
After a choppy 48 hours on major markets, the volatility is likely to continue with Nonfarm Payrolls today. Risk appetite has soured with equities weighed down and the USD gaining.
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