Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
In terms of volatility risks, this week is heavy, and there are some scheduled events and data that readers need to keep a tab on.
What to watch for over the coming days:
- Central Banks: Reserve Bank of Australia (RBA) will announce the rate decision on Tuesday. Bank of England (BoE) governor Mark Carney will appear before Parliamentary Banking Committee on inflation report hearings beginning Tuesday. Bank of Canada (BoC) will announce the rate decision on Wednesday.
- Economic data:
PMI reports from all across the world will be published this week. Australia’s Q2 GDP report will be released on Wednesday. Switzerland will release Q2 GDP report on Thursday. United States’ ADP employment report will be released on Wednesday and NFP report on Friday. Eurozone Q2 GDP report will be released on Friday.
- Geopolitics:
Russia will host multilateral talks on a peace deal in Afghanistan on Tuesday. Representatives from India, China, Iran, Pakistan, the Afghan government and the Taliban are expected to attend. The U.S. has declined the invitation.
U.S. Secretary of State Mike Pompeo will visit Pakistan on Wednesday for the first time after aid cut, followed by a visit to India on Thursday.
Sweden will hold the general election on coming Sunday.
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.
