Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
This week is extremely risk heavy. Expect lots of volatility.
What to watch for over the coming days:
- Central banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of Japan (BoJ) will announce interest rate decision on Tuesday. FOMC will announce interest rate decision on Wednesday. Bank of England (BoE) will announce interest rate decision on Thursday.
- US data:
Key economic dockets will be released this week; Personal consumer/spending data on Monday, ISM manufacturing PMI on Tuesday, ADP employment on Wednesday, and non-farm payroll data on Friday.
- China data:
PMI reports are due this week and they would be most closely watched releases from Asia as they are vital for the assessment of the strength of the US economy.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
