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In terms of volatility risks, this week is relatively quiet. However, there are some key events and data that you need to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Bank of Japan (BoJ) will announce monetary policy decision on Thursday.
- Economic data:
U.S. Q3 GDP on Thursday, Personal income, and expenditure report on Friday. UK’s Q3 GDP numbers on Friday.
- Brexit:
UK Prime Minister Theresa May is set to meet with her cabinet to discuss Brexit goals for phase two of talks, as the UK committed to paying a net exit bill of at least €40 billion to €45 billion.
- Trump Tax reform:
U.S. Congress is likely to vote on the bill this week to pass President Trump’s signature Tax cut and reform plan.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
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