BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
Indonesia Central Bank to Draft New Regulations After Expanded Economic Growth Mandate 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
This week is filled with high volatility economic and central bank releases amid high-profile geopolitical events.
What to watch for over the coming days:
- Central Banks:
Bank of England (BoE) governor Mark Carney will be speaking and answering questions at a parliamentary hearing on the inflation report on Tuesday. Bank of Canada (BoC) will announce monetary policy decision on Wednesday. US Federal Reserve will release minutes of the May meeting on Wednesday.
- Trump:
The focus will remain on President Trump who is on his first foreign trip visiting Saudi Arabia, Israel, and Vatican.
- OPEC meeting:
OPEC ministers are set to meet on Thursday in their Vienna headquarter to decide the fate of the current deal that has cut supplies by 1.2 million barrels. While Saudi Arabia and Russia have signaled a continuation of the deal, the market would nonetheless focus on the meeting.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in Korean peninsula are likely to keep influencing the market.
