The European Central Bank is set to flag its first rate hike in more than a decade this week, while the Reserve Bank of Australia might step on the brakes harder. But as the laggards of the central bank world finally get their stakes on when it comes to tightening policy, investors will be on the lookout for more evidence that inflation may already be peaking in the United States. China’s economy will be in the spotlight too as trade and inflation readings are due as growth fears persist even after the easing of Shanghai’s lockdown.
For more information on the topics discussed in this video, including detailed charts and tables, read the full Weekly Forex Outlook article: https://www.xm.com/research/analysis/forexPreviews/xm/week-ahead-ecb-and-rba-meetings-playing-catchup-161638
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