BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
In terms of volatility risks, this week is quite hot, compared to the previous week.
What to watch for over the coming days:
- Central Banks:
The U.S. Federal Reserve member Bullard is set to speak on Monday, Chair Powell is set to testify before Congress on Tuesday and Wednesday. Bank of Korea (BoK) will announce interest rate decision on Tuesday. Bank of England (BoE) governor Mark Carney is set to speak on Friday.
- Economic data:
US home sales reports on Monday, Durable goods orders on Tuesday, fourth quarter GDP numbers on Wednesday, Personal income and spending reports on Thursday, along with ISM manufacturing report. German inflation report on Tuesday. Japan’s retail trade report on Tuesday, and inflation reports on Thursday. Canada fourth quarter GDP on Friday.
- U.S. earnings:
About 31 companies on S&P 500 are set to announce fourth-quarter earnings report. Big names include Kohl’s, Nordstrom, JCPenney, Macy’s, Sotheby’s, VMware and Salesforce.com.
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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