Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Australia Bans Card Payment Surcharges Starting October 2025 
Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes 
Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
In terms of volatility risks, this week is heavy with economic data, as well as central bank events.
What to watch for over the coming days:
- Central Banks: Bank of Canada (BoC) will announce the rate decision on Wednesday. FOMC will publish the Beige Book report on Wednesday. European Central Bank (ECB) will announce the rate decision on Thursday.
- Economic data: U.S. goods trade balance report on Thursday, and Q3 GDP report on Friday. Japan inflation report on Thursday.
- Geopolitics: Saudi Arabia’s 3-day investment conference kicks off on Tuesday. However, several high-level business and government executives including U.S. Treasury Secretary Steven Mnuchin have pulled off from attending the event over the killing of Washington post Journalist Jamal Khashoggi at Saudi Consulate in Istanbul. Canada to host a multilateral summit on reforming the World Trade Organization.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
