Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
This week is relatively less risk-heavy, both in terms of data and events.
What to watch for over the coming days:
- Central Banks:
European Central Bank (ECB) will announce interest rate decision on Thursday. Bank of Japan (BoJ) will also announce the rate decision on Thursday.
- Economic data:
Second quarter inflation report from New Zealand on Monday and inflation report from the UK on Tuesday, along with key Chinese data throughout the week.
- Brexit:
The European Union’s Brexit negotiator, Michel Barnier, meets his UK counterpart David Davis in Brussels on Monday for their second round of divorce talks.
- US Earnings:
Second quarter earnings season continue this week with reports from nearly 70 companies including big names like Bank of America, Goldman Sachs, Morgan Stanley, Netflix, Johnson & Johnson, CSX, Qualcomm, Microsoft, and Honeywell.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East and Korean peninsula are likely to keep influencing the market.
