WEEKEND ECONOMIST: Middling months

US non-farm payrolls, Chinese GDP and more middling domestic figures underscore the likelihood that the Reserve Bank will wait until August to cut again.

The domestic and international debate took some interesting turns over the course of the last week. Beginning with the US non-farm payrolls report last Friday, through the Chinese data round over the weekend, a number of policy pertinent Australian domestic updates Tuesday through Thursday, and instructive central bank meetings in Asia and New Zealand, there was more than enough for markets to ponder.

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