Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Oil Prices Steady as Markets Weigh U.S.-Iran Talks, Dollar Strength Caps Gains 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order 
Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates 
This week is pretty risk heavy in terms of data and events, and there are certain economic data and events scheduled that can trigger very high volatility.
What to watch for over the coming days:
- Central banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday; European Central Bank (ECB) will announce interest rate decision on Thursday; FOMC member Neel Kashkari is scheduled to speak on Monday.
- US data:
The most important data from the United States will be released on Friday and that’s payroll report.
- UK budget:
The mega mover for the pound is scheduled for Wednesday when the UK chancellor of the exchequer is scheduled to present his first budget of the new government of Prime Minister Theresa May.
- Trump:
US President Donald Trump has accused the former President Barrack Obama of wiretapping him in the Trump tower during the 2016 election campaign last Saturday. The fallout from that is likely to get felt throughout this week.
