On June 30, it was reported that Sonali punhani, chief UK economist of Credit Suisse, said when releasing the team's latest forecast for the UK economy: "the UK may avoid recession this year."
At 12:30 on July 5th, Beijing time, the Reserve Bank of Australia will announce its interest rate decision, after the market expected the Reserve Bank of Australia to raise interest rates by 40 points, which will be the third time in a row. With the resolution time approaching, more and more institutions now believe that the rate hike may reach 50 basis points.
The U.S. dollar index DXY had a strong week last week, rising more than 1.7% to close near 107.00, one of its highest levels since late 2012. While the bullish momentum may be overdone after a year-to-date rally of nearly 12%, the overall outlook remains positive from a fundamental perspective,
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