"It is all about central banks and what will happen over the next week for the markets comes down to the CPI, PPI, and FOMC. Canada had their sixth straight rate hike and their current rate is 4.25%. Will there be a possible pause? On the other hand, Australia said that their inflation will not peak until December. Also, India was more hawkish by saying that their battle against inflation was not over," says Wayne Kaufman.
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