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Week ahead – German recession, RBNZ rate decision, and a flood of data
The RBNZ will be the lone major central bank to decide on rates next week, but that doesn’t mean the schedule is light, as there’s an abundance of key economic data ripe for release. German growth figures will reveal if the euro area’s traditional star player entered a technical recession, while in America, a testimony by Fed chief Jay Powell could provide clues around the recent ‘pause’ in rate cuts. Beyond regular economics, markets will keep a watchful eye on trade news amid the ongoing euphoria for a partial deal, as well as on UK election polls. Europe’s biggest economy will be under the microscope ... (full story)