Push & pull factors
• Positive tone. Improved risk sentiment. Equities rebound. Bond yields lower. Backdrop helps the AUD claw back a little lost ground.• Volatility bursts. It is a jam-packed week of events. We think more market volatility is likely as the macro cross-currents wash through.• Event radar. Q2 AU CPI due (Weds). BoJ (Weds), BoE & US Fed (both Thurs) meet. US payrolls are released (Fri), as is the China PMI & EZ CPI (Weds). After a challenging spell risk sentiment improved a bit at the end of last week. European and US equities rose on Friday with the S&P500 up over...