Weak Ahead: BoC may hike one final time; Will flash PMIs spread optimism or gloom?

Send us Fan MailAs 2023 gets underway, so do the central bank meetings and the Bank ofCanada will be the next after the BoJ to announce its first policy decision ofthe year. Meanwhile, investors will be nervously awaiting the first PMIreadings of 2023 next week as they juggle to reach a consensus about therecessionary risks. In the United States, there will additionally be theadvance GDP estimates for the final quarter of 2022, as well as PCEinflation data. The latest CPI numbers will be at the forefront too inAustralia and New Zealand.Risk Warning: 78.17% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.