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Week Ahead: RBNZ and BoC to stick to tapering, Delta strain angst for BoJ

July 09, 2021 XM.com
Global Market Insights - Forex, Futures, Stocks
Week Ahead: RBNZ and BoC to stick to tapering, Delta strain angst for BoJ
Show Notes

It will be a busy week as the Bank of Canada, Bank of Japan and the
Reserve Bank of New Zealand all meet, while inflation will take centre
stage on the data front. With increasing concerns that the new Delta Covid
variant could scupper reopening plans, Japanese policymakers are the
most likely to strike a more cautious tone, but the BoC and RBNZ will
probably maintain their optimism. After the Fed signalled that a taper
decision was not imminent, markets might take a more relaxed view on the
latest CPI readings in the United States. Meanwhile, Q2 GDP numbers will
be watched in China.

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