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Lower volatility pumps more air into carry trade strategies
RBA policy meeting today as markets price in slight chance of further tightening this year
China Caixin PMI services and Indonesian GDP growth
The Bank of England is inching towards the first rate cut, which we expect in August
Our call is for a slightly softer than consensus print at 210k, which can keep the dollar soft
We expect a hawkish rate cut in Sweden next week
Corporate and financial supply running ahead of most years
A dovish press conference from the Fed's Powell has softened the dollar
Korean inflation softens. Indonesia releases CPI inflation later
Fed rate hikes remain unlikely, but the Fed is prepared to leave interest rates at current levels until that progress is achieved or the jobs market…