The week ahead – After a solid GDP report, is the OCR already at the bottom?

Looking ahead, events in the Middle East will remain a focal point as investors watch for signs of further escalation.

Central banks will also be in the spotlight, with Federal Reserve Chair Jerome Powell’s scheduled to testify to Congress, following last week’s Fed decision.

The economic highlights this week will be flash PMIs for June, which are out on Monday and will provide an important pulse check of the global growth picture.

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