MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
In terms of volatility risks, this week is very light as we head into the New Year holiday week. As a trader, you need to keep a watch on the followings,
What to watch for over the coming days:
- Economic data: PMI reports from all over the world will be reported this week. United States’ ADP employment report on Wednesday, along with ISM manufacturing report, and NFP report on Friday. Eurozone inflation report on Friday. Canada unemployment report on Friday.
- Geopolitics: new U.S. legislators would be sworn in on 3rd. The Brexit deal will be presented to the parliament for debate on 7th.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
