Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
U.S. Stock Futures Edge Lower as Tech and AI Stocks Drag Wall Street Ahead of Key Earnings 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Compared to last week, this week is less risk heavy. However, there are few speakers this week, who could add some serious volatility in the market.
What to watch for over the coming days:
- US Presidential elect Donald Trump:
It seems US Presidential elect Donald Trump is never out of headlines. This week, on Thursday he is set to meet Japanese counterpart Shinzo Abe on Mr. Abe’s request. Japan has been worried of Mr. Trump’s commentaries with regard to Japan taking American jobs and need to pay more in order to receive America’s protection.
- Central banks:
Bank of England (BoE) president Mark Carney is scheduled to testify before Parliament’s treasury committee on Tuesday.
Federal Reserve chair Janet Yellen is scheduled to testify before Senate’s Joint Economic Committee on Thursday. There are other notable Fed speakers; Bill Dudley of New York Fed, James Bullard of St. Louis Fed, Fed’s Vice-chair Stanley Fischer, Esther George of Kansas City Fed scheduled to speak this week.
- UK data:
Watch out for UK inflation numbers on Tuesday, as it could add some serious volatility to the pound based pairs. Unemployment report is scheduled for Wednesday and Retail sales data on Thursday.
- US data:
Several key economic figures are to be released this week; the most important ones are CPI inflation figures on Thursday and retail sales data on Tuesday.
