BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook 
Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds 
Gold Price Hits Two-Month High as Investors Await US Inflation Data 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High 
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.
