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Weekly Talking Points - US default risk? Well....

Our round-up of what to expect in the coming week and the key events of last week. The regular Spotlight feature looks at US retail sales, where we don't think the consumer will roll over for long. We discuss recent economic data in our review section, and take a look at consumer staples. To read more please subscribe.

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Central bank rate change divergence is likely to build over the summer. The RBNZ meets o/n and it will be interesting to see if they push rates higher again or pause. The USD is holding steady or gain

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