Global Market Insights - Forex, Futures, Stocks
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Global Market Insights - Forex, Futures, Stocks
Week Ahead: RBA and BoC to hold rates but might be tempted to hike, OPEC meets
Policy decisions from the RBA and the Bank of Canada will be taking centre stage next week amid an otherwise light agenda. In the United States, the ISM services PMI will be the only top-tier release and now that Congress has averted a default by suspending the debt ceiling, the dollar might spend the week drifting lower. Before all that however, OPEC and non-OPEC countries will meet on Sunday to discuss whether to make further cuts to oil output.
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