UPCOMING EVENTS:Monday: China Caixin Services PMI, Eurozone PPI, Fed SLOOS.Tuesday: RBA Policy Decision, Switzerland Unemployment Rate, Eurozone Retail Sales.Thursday: Japan Average Cash Earnings, BoJ Summary of Opinions, BoE Policy Decision, US Jobless Claims.Friday: New Zealand Manufacturing PMI, UK GDP, Canada Jobs report, US University of Michigan Consumer Sentiment survey, TuesdayThe RBA is expected to keep the Cash Rate unchanged at 4.35%, although the risk of a shock rate hike cannot be dismissed. The last inflation report was a cold shower for rate cuts expectations in 2024 as the Q1 CPI figures beat forecasts across the board by a big margin. The market
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