Equities | FX | Global | Rates
Markets to Watch This Week: Australian Markets in Focus Ahead of Wednesday Inflation
- By Bilal Hafeez
- 1 min read
Market Moves
Markets turned more hawkish on $-Bloc Central Banks. Ahead of Australia’s inflation print on Wednesday, markets had begun to price the 3 May meeting as an option for a first rate hike while certain the 7 June meeting is the latest it could start. Meanwhile, in Canada, a hawkish reaffirmation from Governor Macklem at the IMF Spring Meetings had pushed markets to speculate on a 75bps hike at the 1 June BoC meeting.
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