Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
In terms of volatility risks, this week is relatively light, however, there are some scheduled events and data that readers need to keep a tab on.
What to watch for over the coming days:
- Economic data:
UK ILO unemployment report on Tuesday, and inflation report on Wednesday. China’s industrial production, retail sales and money supply statistics on Tuesday, German inflation report on Tuesday, U.S. retail sales report on Wednesday, Australia unemployment report on Thursday, Eurozone CPI inflation on Friday, and Canada’s inflation numbers on Friday.
- Geopolitics:
Readers to keep monitoring the latest happenings in U.S. -Turkey relations as it reached probably an all-time low. The United Kingdom and the European Union would hold two-day Brexit talks beginning Thursday.
- U.S. earnings:
Nearly 15 companies listed on the S&P 500 are slated to report results this week. Big names include Macy’s, Nordstrom and Home Depot, JCPenney and Williams-Sonoma, and Walmart.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and the Korean peninsula are likely to keep influencing the market.
