The Month That Will Be (29th July 2024)
1. The Central BanksOn Wednesday the Bank of Japan will hike interest rates, the Fed will be unchanged but signal a cut is coming in September, on Thursday the Bank of England will leave rates dovishly unchanged and on Tuesday 6th August the RBA will hike if the Australia CPI data released Wednesday is even a smidge above expectations. In short, this is not quite the dovish pivot from the world’s …