RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
RBA Set for September Rate Hike as Inflation Stays High 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
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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 Australia (RBA) will announce interest rate decision on Tuesday. Bank of England (BoE) governor Carney is set for a speech on Thursday.
- Economic data:
U.S. GDP numbers on Thursday and PCE inflation numbers on Friday. Eurozone retail sales numbers on Tuesday. Swiss inflation report on Thursday.
- Geopolitics:
The focus is also on German Chancellor Merkel who is struggling for a pan-European consensus on immigration. Her interior minister and the leader of her main ally, Christian Social Union Party, Horst Seehofer announced that he would step down if immigration controls are not enhanced at the borders.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
