Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
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.
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