Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
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 Japan (BoJ) will announce the rate decision on Wednesday. Bank of England (BoE) will announce the rate decision on Thursday.
- Economic data: German CPI inflation numbers on Tuesday. Australia’s CPI inflation report on Wednesday. China manufacturing PMI report on Wednesday. Eurozone’s CPI and unemployment numbers on Wednesday. U.S. ADP employment report on Wednesday, manufacturing PMI on Thursday, and NFP report on Friday. Switzerland CPI inflation report on Thursday. PMI reports from all over the world on Friday. Canada’s unemployment report on Friday.
- Geopolitics: the UK will announce budget on Monday, which needs to be approved by Thursday, the last budget before Brexit.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
