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The Global Week Ahead: Whose Job Is It Anyway?
chart The coming week brings us one week closer to the holiday season in many parts of the world. It’s also going to be a highly active week. At the top of the list will be the latest monetary policy decisions by the Bank of Canada, European Central Bank, the RBA, and the central banks of Peru and Brazil. Each one of those decisions has the potential to surprise which keeps it lively. The Federal Reserve enters blackout ahead of its own decision the following week. Wednesday’s CPI print might inform pricing for the decision, but there is likely a high bar set to knock markets off having already priced most of a ... (full story)