Analysts at Rabobank suggest that this week’s main highlights are manufacturing PMIs tomorrow, Aussie CPI and the German IFO survey Wednesday, US durable goods Thursday, and then Q2 US GDP on Friday.
Key Quotes
“The GDP number in particular could be extremely interesting given the expectations of a 4.3% print, which while no doubt representing the near-term high-water mark of Trumpety-Trumpism, would also likely see further yield-curve flattening and USD strength.”
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