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Thursday: ECB December rate cut bets rise

Published 1 year, 5 months ago
Description

US stocks are dragged down by big tech names. European rate cut bets move further towards 50 basis points in December. Canada cuts rates by 50 basis points, and Singapore’s inflation is higher than expected, but provides enough for policy easing.

In our bonus Deep Dive interview, ANZ Chief Economist Richard Yetsenga was in China during the recent stimulus briefings and gives us his take on what the domestic economy there is facing.


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