海外研报

RATES & FOREX RESEARCH FOR CORPORATES

US 2Q GDP on Thursday, June PCE inflation on Friday. Euro and UK preliminary PMIs on Wednesday, Canada second rate cut in the balance. Hungary CB SG f/c no change, consensus -25bp. Turkey CBRT f/c on hold.

US July jobs report: Broad-based weakening risks steeper cuts

• A sizable deceleration in payrolls and the fourth consecutive increase in the unemployment rate (which triggered the Sahm Rule) point