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Monday 3 May to Sunday 9 May
RBA Monetary Policy Meeting
Tuesday, May 4
The RBA has kept interest rates steady at 0.10% for its past five meetings, and with the country still experiencing occasional lockdowns to ensure that COVID doesn’t become entrenched, the central bank isn’t likely to start normalizing policy yet.
What to watch: ASX, AUD
Bank of England Monetary Policy Meeting
Thursday, May 6
The BOE has been unanimous in its policy decisions for over a year now, and though the UK is rolling out vaccines effectively and gradually relaxing restrictions, central bankers would still likely prefer to see sustained growth before removing stimulus.
What to watch: FTSE, GBP
US Non-Farm Payrolls (April)
Friday, May 7
Last month’s jobs report showed an impressive 916k net new jobs, and with the US giving nearly 3M vaccine shots per day, there’s potential for another strong reading this month. The average hourly earnings figure may be more closely watched than the headline jobs growth release.
What to watch: DJIA, USD