MM116: Fed, ECB and BoJ update and what to look out for next week in global markets
Market Maker
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The Eurozone Economic Outlook for the Month of June
The Bank of Japan kept with stimulus as they wait for more signs of sustainable inflation. The yen fell after the widely expected outcome, though paired some losses when the governor didn't clearly rule out the possibility of changes to come in July. After some unwelcome inflation and wage data markets now expect the Bank of England to take rates close to 6% over the coming months.
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