In terms of volatility risks, this week is heavy with the focus on Brexit,
What to watch for over the coming days:
Central Banks:
- Reserve Bank of New Zealand (RBNZ) will announce the interest rate decision on Wednesday. Likely to keep rates unchanged at 175 bps.
- ECB President Draghi set for a speech on Wednesday.
Economic data:
- German IFO survey report is due on Monday.
- United States final Q4 GDP reading to be released on Thursday.
- German CPI inflation report on Thursday, and unemployment report on Friday.
- Tokyo inflation reading also on Thursday.
- U.S. PCE inflation report on Friday.
Brexit:
- After the European Union extended the Brexit deadline till April 12th and it became clear that Prime Minister May’s deal would not get through, the UK parliament would vote on different Brexit options throughout the week.


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