BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
In terms of volatility risks, this week is relatively quiet, still, there are several events one needs to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of New Zealand (RBNZ) will announce interest rate decision on Wednesday. Bank of England’s (BoE) governor Carney is set for a speech on Tuesday. So is Bank of Canada (BoC) governor Stephen Poloz.
- Economic data:
U.S. GDP numbers on Thursday and PCE inflation numbers on Friday. Eurozone CPI numbers on Thursday.
- Geopolitics:
The focus will be on this week’s EU leaders’ gathering, which is turning out to be a major immigration showdown.
The focus is also on German Chancellor Merkel who is struggling for a pan-European consensus on immigration as the deadline to get an agreement looms.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
