In terms of volatility risks, this week is heavy with the focus on Brexit, and central banks,
What to watch for over the coming days:
- Central Banks: RBA will announce the interest rate decision on Tuesday. Federal Reserve’s Powell set for a speech on Wednesday. Bank of England will announce the rate decision on Thursday.
- Economic data: PMI reports from all over the world to be reported this week. U.S. trade balance report on Wednesday. New Zealand unemployment report on Wednesday. Canada unemployment report on Friday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
