Investors' attention this week is focused on ECB and RBA meetings as well as US inflation data
The economic calendar for the upcoming week is not as dense as the previous one, but this week is more serious in terms of the number of important events.
The main event will be the CPI data (inflation rate) in the United States and China.
Analysts expect the US Consumer Price Index to remain at the same level as the PCE index two weeks ago, indicating signs of a slowdown in price growth.
The focus of investors should also be on the ECB and RBA meetings.
The European Central Bank is becoming hawkish, but analysts believe there will be no significant rate hike at the current meeting.
The Reserve Bank of Australia is likely to continue raising interest rates.
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