A great week ahead for all the news traders. Three central bank monetary policy statements to look out for in the coming week. The BoC on Wednesday has the potential to surprise the market with a 0.25% rate hike. Otherwise no changes in monetary policy stance is expected this week.
The Non Farm Payroll will round up the central bank dominated week. The expectation is 205k jobs added and we may see the unemployment rate tick lower to 4%. A confirmation of these numbers will increase the likelihood of 4 rate hikes this year.
Happy weekend everyone.
