Havana Protests Erupt as Cuba Faces Severe Blackouts and Fuel Crisis 
Asian Currencies Hold Steady as Strong U.S. Inflation Data Boosts Dollar 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Trump Faces Uphill Battle Seeking China’s Help on Iran Conflict 
Dollar Surges as Inflation Data Fuels Fed Rate Hike Expectations 
Japan Considers Extra Budget Aid Amid Rising Fuel and Utility Costs 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Compared to the previous week, this week is less risk heavy. Not many economic data but there are some events scheduled that might trigger volatility in the market.
What to watch for over the coming days:
- Central banks:
Reserve Bank of New Zealand (RBNZ) will announce interest rate decision and outlook on Wednesday.
- US earnings:
Investors would remain focused on the fourth quarter earnings details from the companies listed in S&P 500. This week, about 80 companies listed in S&P 500 are scheduled to announce results including Walt Disney, Tyson Foods, General Motors, Kellogg, and more.
- Trump:
Two weeks under the Trump administration have been kind of a roller-coaster ride. There is little evidence of that slowing down. Japanese Prime Minister Shinzo Abe is scheduled to meet Mr. Trump on Friday and they will have plenty to talk about. In recent times, Mr. Trump withdrew from the Trans-Pacific Partnership deal, which was passed by Japanese parliament and criticized Japan of currency manipulation.
- Brexit:
UK’s House of Commons will debate the passed Brexit bill for three days and changes can be made and the final bill will be presented for voting in the House of Lords.
