In the week ahead the main scheduled event risks to navigate will be central bank meetings in Australia (rates firmly on hold), the UK (firm hold), Switzerland (a coin toss), Norway (firm hold), China (likely hold), and Chile (likely 25bp cut).
Key Takeaways:
🗓️ The main events this week for traders to navigate
🇫🇷 French election concerns likely persist until 7 July, if not longer
💱 Will the gains in the CHF force the SNB hand?
🏆 Gold finding better buyers on haven demand
🇺🇸 US equity risk this week – US2000 is the better short
🇦🇺 The RBA to leave interest rates on hold
🇬🇧 UK CPI is the main event for GBP traders
Check out Chris Weston's Traders Playbook for a detailed update on the week ahead: https://ow.ly/wUzp50SjGhI
Pepperstone
Navigating Markets | Pepperstone
June 16, 2024 3.8K 1
