Weekly Market Outlook: Jun 01 – June 05: RBA, BoC and ECB Meetings; US and Canada Jobs Data
Channel: JFD Brokers
Date: 01/06/2020

Weekly Market Outlook by Charalambos Pissouros

There are three central bank meetings on this week’s agenda. On Tuesday we have the RBA, on Wednesday the BoC, and on Thursday the ECB. We don’t expect any action from the RBA and the BoC, but we do expect the ECB to expand its QE purchases in its effort to support the Euro-area economy from the damages of the coronavirus pandemic. As for the data, on Friday, we get the employment reports for May from the US and Canada. 

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