Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
This week is a quite heavy with volatility risks, especially in terms of data and events as well.
What to watch for over the coming days:
- Central banks:
Swiss National Bank (SNB) will announce interest rate decision on Thursday. Bank of England (BoE) will announce interest rate decision on Thursday.
- Economic data:
China will release statistics on money supply, investments, and new loans on Tuesday. Will release retail sales and industrial production numbers on Thursday. The UK will release inflation numbers on Tuesday and unemployment report on Wednesday. U.S. will release inflation numbers on Friday.
- Hurricane:
The focus will remain on Hurricane aftermath in the United States.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East and Korean peninsula are likely to keep influencing the market.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
