Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
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.
