Global Forecast (7-19-2021)

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Key Dates

July 19 – Reserve Bank of Australia meeting minutes.

July 19 – Japan Core CPI.

July 19 – China loan prime rate decision. A rate cut wasn’t even on the radar until the PBOC’s surprise reduction of its RRR last week, and it remains unlikely for this week’s meeting.

July 20 – US building permits.

July 20 – Japan YoY imports, exports, and trade balance for June.

July 20 – Bank of Japan meeting minutes.

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