BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Gold Prices Rebound Near Key Levels as U.S.-Iran Tensions Boost Safe-Haven Demand 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows 
This week is heavy with events which might trigger massive volatilities in the market.
What to watch for over the coming days:
- Central banks:
On Wednesday, the Federal Reserve Chair Janet Yellen is scheduled to speak to the Commonwealth Club in San Francisco on goals of monetary policies and how Federal Reserve pursues them. There is a Q&A round after the speech. New York Fed President Dudley is scheduled to speak on Tuesday and Harker on Friday. Bank of Canada (BoC) will announce interest rate decision on Wednesday. European Central Bank (ECB) is scheduled to announce monetary policy on Thursday.
- Davos:
Economists, central bankers, global leaders, and big shot corporates from about 70 countries will gather in Davos for annual World Economic Forum. Chinese President Xi Jinping will open this year’s meeting. The event is scheduled from January 17th to 20th.
- US earnings:
Investors would turn their focus onto fourth quarter earnings details from the companies listed in S&P 500. This week, big banks like the Goldman Sachs, Morgan Stanley, and Citi are scheduled to release their earnings details. Netflix and IBM are also scheduled to announce.
- Trump inauguration:
Donald Trump will be formally inaugurated to the office as the 45th president of the United States on January 20th. There is nothing unusual about the event but with Donald Trump scheduled to speak, you can never know.
