No Data
Express News | Former deputy governor of the Central Bank of Ireland: European Central Bank may cut interest rates in September.
Express News | European Central Bank: Consumer inflation expectations remained stable in June, and there was no slowdown for the first time since the beginning of the year.
Express News | Nigel: If the data remains normal, the European Central Bank should have the ability to cut interest rates.
France's Gloomier Business Is Cause for Concern -- Market Talk
Germany Returns as Eurozone's Problem Child -- Market Talk
Australia is about to release the CPI for the second quarter, and whether the Reserve Bank of Australia will raise interest rates in August depends on it!
The inflation data released on July 31st in Australia may significantly affect policy expectations for the Reserve Bank of Australia meeting on August 6th. Recently, the RBA stated that the bank remains vigilant about the upward risks of inflation. If CPI data for the second quarter rises, this could break the balance and force the RBA to act. The strong market opinion is that if there is a rate hike, it will be the most reluctant rate hike in history, and a reversal may occur in the second quarter of 2025.