Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
In terms of volatility risks, this week is quite heavy especially in terms of events.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of Canada (BoC) governor Poloz is set for a speech on Thursday.
- Economic data:
Australia’s GDP report on Wednesday. Japan’s GDP on Thursday. China’s forex Reserve data on Thursday, and trade balance report on Friday. Canada unemployment report on Friday
- Geopolitics:
U.S. President Donald Trump will meet with Japanese Prime Minister Shinzo Abe on Thursday ahead of his meeting with Kim on June 12th. G7 meeting on Friday.
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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