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Weekly Market Outlook (19-23 June)

Weekly Market Outlook (19-23 June)
UPCOMING EVENTS:Monday: US Juneteenth Holiday.Tuesday: PBOC LPR.Wednesday: UK CPI, Fed Chair Powell’s Testimony.Thursday: SNB Policy Decision, BoE Policy Decision, US Jobless Claims.Friday: US S&P Global PMIs.Tuesday: The PBOC is expected to cut the 1-year and 5-year LMP rates by 10 bps following the cuts in the 7-day reverse repo, the Standing Lending Facility and 1-year MLF rates. These actions were taken due to the very weak performance of the Chinese economy that prompted officials to seek m... Read More
Posted: Jun 19 2023, 08:07
Author Name: forexlive
Views: 112574

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