Weak Ahead: BoC may hike one final time; Will flash PMIs spread optimism or gloom?

Global Market Insights - Forex, Futures, Stocks

As 2023 gets underway, so do the central bank meetings and the Bank of
Canada will be the next after the BoJ to announce its first policy decision of
the year. Meanwhile, investors will be nervously awaiting the first PMI
readings of 2023 next week as they juggle to reach a consensus about the
recessionary risks. In the United States, there will additionally be the
advance GDP estimates for the final quarter of 2022, as well as PCE
inflation data. The latest CPI numbers will be at the forefront too in
Australia and New Zealand.
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