Trump, Xi Begin High-Stakes China Summit Focused on Trade, Taiwan and Global Tensions 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge 
Trump Says Iran Ceasefire ‘On Life Support’ as Oil Prices Surge Above $104 
Havana Protests Erupt as Cuba Faces Severe Blackouts and Fuel Crisis 
S&P Global Revises Mexico Credit Outlook to Negative Amid Rising Debt Concerns 
RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200 
Dollar Gains as Fed Rate Hike Bets Rise Ahead of Trump-Xi Summit 
Wall Street Futures Rise Ahead of Trump-Xi Summit as Tech Stocks Lead Market Rally 
Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
This week is filled with risk heavy data and events.
What to watch for over the coming days:
- Central Banks:
The bank of Japan (BoJ) will announce interest rate decision on Thursday. The European Central Bank (ECB) will also announce interest rate decision on Thursday.
- Key economic data:
Consumer price inflation numbers will be released from Australia on Wednesday. Flash April inflation numbers will be released from Germany on Thursday. Consumer price inflation numbers from Japan will also be released on Thursday. The first quarter flash GDP number will be released on Friday.
- US earnings:
194 companies from the S&P 500 are scheduled to report first-quarter earnings this week. Big names include Hasbro, McDonald’s, Baker Hughes, Chipotle, Lockheed Martin, Amazon, Microsoft, and Twitter.
- Trump:
The US President Donald Trump has promised last week that in this week he has an important announcement to make with regard to tax reforms. The announcement is likely to come on Wednesday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in Korean peninsula are likely to keep influencing the market.
