Market insights

Canadian Interest Rate Decision Ahead - MI050624

The Bank of Canada is expected to cut it's rate to 4.75% this afternoon.

Will this be an indicator of Summer rate cuts around the globe?

In and around that there's US employment change and services data, so the Dollar will be in the spotlight also.

In the early hours it's over to Australia with their trade balance before eyes start turning to the ECB and their rate decision.

Business news is dominated by the political debate last night.

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Economic calendar

US: 13:15 ADP Employment Change

CAN: 14:45 BoC Interest Rate Decision

US: 15:00 ISM Services PMI

AUS: Thursday 02:30 Trade Balance

As ever we look forward to keeping you in the loop and look out for our next update.

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