BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
In terms of volatility risks, this week is extremely heavy filled with data, central banks’ announcements and geopolitical events.
What to watch for over the coming days:
- Central Banks:
Federal Reserve will announce interest rate decision on Wednesday. Swiss National Bank (SNB) will announce interest rate decision on Thursday. European Central Bank (ECB) will announce the rate decision on Thursday. Bank of Japan (BoJ) will announce interest rate decision on Friday.
- Economic data:
UK’s industrial and manufacturing production data on Monday, Unemployment numbers on Tuesday, inflation report on Wednesday, and retail sales report on Thursday. China’s money supply and loan statistics on Tuesday. United States’ CPI inflation report on Tuesday, retail sales on Thursday. Eurozone CPI on Friday.
- Geopolitics:
U.S. President Donald Trump will meet with North Korea’s supreme leader Kim Jong-Un on Tuesday. UK’s Prime Minister faces parliamentary votes on her Brexit policy on Tuesday. Football world cup will kick off in Russia on Thursday.
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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