Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
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.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
