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RBA, BoE, NFP, GME?
There are two central bank meetings on the schedule for next week, and both of them have possibilities for a change in their bias, although policy is likely to remain unchanged at both. There’s also the monthly US nonfarm payrolls on Friday. But overall, I think the main focus of attention will continue to be the revolution in the stock market as retail investors continue to storm the castles of the financial elite. Meanwhile, the debate in Washington about the new administration’s fiscal plan continues. It remains to be seen how much of their $1.9tn plan they can push through the evenly divided Senate. The more ... (full story)