The much expected Non - Farm Payrolls today is likely to fuel speculations of Fed willingness to taper as soon as early next year if the figures are positive, to compliment the unexpected GDP growth to 2.8% released yesterday. Let us wait and see what happens in the next few minutes.WATCH OUT!
As the momentum created by ECB interest rate cut wears off, the European Central Bank decision will begin to have effects on other world economies. This will definitely bring about some monetary policy shift by major players in world economy. The Royal Banks of Australia and New Zealand will tow the same line in order to finish the "job" they had already started. If you like, you can call this my prediction, you could be right. The Bank of Canada, BOC, and the Bank of England, BOE, are most lik…
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