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US And China Inflation Countdown To Steer Pound Sterling Vs US Dollar, Euro
The global economy and monetary policy calls from major central banks will continue to be crucial for overall markets in the short term. The latest US jobs data has provided some support for all viewpoints surrounding the US economy. There was evidence of a slowdown in payrolls growth for the month which will maintain the potential for a controlled slowdown in the economy. There will also be hopes that a slightly less robust economy will curb upward pressure on wages inflation and allow a less hawkish Federal Reserve policy stance. The wages data in this release, however, will also support the case of more hawkish ... (full story)