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📝 Inflation And Labour Data Might Be Enough For RBA May Rate Hike: UBS Strategy

The market started to price in a larger chance of a hike in the near-term, with May 4bp higher. With CPI data due at the back-end of the month, as well as employment data next week, this could be enough for the RBA to consider hiking in May. A more hawkish stance from the central bank is a supporting factor to the AUD. - UBS Strategy



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