Front end Fed and Chinas quest for the impossible
Tuesday 26th April 2022There\u2019s been a strong risk-off sentiment to the start of the week. NAB\u2019s Taylor Nugent says equity investors belatedly \u201cgot the memo\u201d on the Fed\u2019s front-end loading for rate rises. Fears of more lockdowns in China, including Beijing, have added to the uncertainty, even though the fatality rates are low in comparison to many opened-up western nations. It seems China\u2019s zero-COVID focus and the ongoing impacts of the Ukraine war are two issues that won\u2019t slip away anytime soon. US GDP and Australian CPI will be two of the main focuses data-wise this week.
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