Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Fundamentals to watch out for this week
Compared to last week, this week is relatively quiet with few data that could rapidly increase volatility in the market.
What to watch for over the coming days:
- UK economic data:
Time has come to pay some extra attention as the first batch of key economic data from the post-referendum UK become available this week. There are inflation data on Tuesday, Employment data on Wednesday and retail sales data on Thursday. All these data are for the month of July.
- US economic data and Fed speakers:
Not many economic dockets but all with high volatility risks associated On Monday, there is house price index from the National Housing Board, consumer price inflation data on Tuesday, and FOMC minutes on Wednesday. Several Fed speakers are scheduled this week; Fed’s Lockhart on Tuesday, Bullard on Wednesday, and Williams on Thursday.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
