BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
BOJ Rate Hike Expectations Rise Ahead of September Meeting 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
In terms of volatility risks, this week is relatively quiet, however, there are several events one needs to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Bank of England (BoE), and Swiss National Bank (SNB) will announce interest rate decisions on Thursday.
- Economic data:
Canada’s inflation report on Friday. United States’ housing statistics throughout the week.
- Geopolitics:
OPEC producers and non-OPEC participating countries would meet on Friday to discuss the production cuts. The market is expecting production ceiling easing by a million barrels.
Along with the above fundamentals, unscheduled Brexit commentaries, Trade war actions, happenings in the Middle East, Italy, 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
