Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
BOJ Signals Imminent Interest Rate Hike Amid Strengthening Economic Conditions 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity 
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
In terms of volatility risks, this week is extremely heavy with political events, as well as central bank decisions.
What to watch for over the coming days:
- Central Banks: Reserve Bank of Australia (RBA) will announce the rate decision on Tuesday. Reserve Bank of New Zealand (RBNZ) will announce the rate decision on Wednesday. Federal Reserve will announce the rate decision on Wednesday.
- Economic data: Services PMI reports from all over the world on Tuesday. New Zealand’s Q3 unemployment report will be published on Tuesday. China’s October trade balance report will be published on Thursday. UK’s GDP report on Friday. U.S. PPI inflation numbers on Friday.
- Geopolitics: The biggest event of the week is U.S. Mid-term election, which will take place on November 6th, Tuesday. President Trump is likely to hold a meeting with President Putin on the coming Sunday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
