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It is wall-to-wall tier-one data this week. US GDP confidence and the flash PMIs will be key. However, the ECB rate hike will also be crucial. This comes amidst a string of central bank rate decisions.
On the first trading day of March, news of the acceleration of China’s reopening shifted the narrative for major markets. A risk-positive bias is taking hold, but can it last?
The Reserve Bank of Australia has pushed ahead with monetary policy tightening. With the prospect of more to come the AUD is performing well.
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