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.


China Boosts Gold Reserves by 650,000 Ounces as Prices Rally
BOJ Raises Interest Rate to 31-Year High as Yen Weakens
East Germany Narrows Economic Gap With West but Wealth Divide Persists
Trump Threatens EU Tariffs Over Canada Membership Proposal
Bessent Presses Japan on Fiscal Policy as Yen Struggles
US Stock Futures Dip After Wall Street Rally
Central Banks Could Buy 20,000 Tonnes of Gold: BofA
Yen Extends Gains as BOJ Rate Hike Bets Rise
Gold Rebounds Above $4,300 Despite Hawkish Fed Rate Hike
Asian Chip Stocks Rally as Treasury Yields Ease
Iran Economic Crisis Forces Afghan Families to Return Home 



