It’s a relatively busy day on the economic calendar, with stats from the Eurozone and Canada in focus. U.S retail sales and consumer sentiment will be key, however.
Aussie futures traders are almost fully priced for a hike in the 0.1% cash rate by October 2022, but the RBA stands by its 2024 timeline.
It’s a quieter day ahead on the economic calendar. Early this morning, inflation figures from China will draw attention ahead of U.S jobless claims later in the day.