Focus on US Dollar rebounding and CPI data, RBNZ expected to cut rates by 50bps.

From Investing.com: 2024-10-04 06:07:00

In the US, CPI data will guide Fed rate cut bets and dollar movements, while the RBNZ is expected to cut interest rates by 50bps. The pound awaits monthly GDP numbers, alongside Canada jobs data and BoC business survey. The dollar rebounds on safe haven flows and upbeat data, with Fed minutes and US CPIs on next week’s agenda. The RBNZ decision looms, with expectations of a 50bps rate cut. UK data could impact pound performance amid expectations of rate cuts. Australia releases RBA meeting minutes, while traders watch for potential rate cuts.



Read more at Investing.com: Week Ahead: As US Dollar Rebounds, Spotlight Falls on CPI Data