The start of a new month can mean
only one thing for investors: time for the all-important monthly
U.S. employment report, but also for a likely European Central
Bank rate cut, as well as the outcome.
(Reuters) - The start of a new month can mean only one thing for investors: time for the all-important monthly U.S. employment report, but also for a likely European Central Bank rate cut, as well as the outcome of India's marathon general election.
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Just when it looked like rate cuts
were coming any minute now, inflation has reared its head and
the strength of the dollar is forcing other central bankers to
protect their currencies and reconsider.
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