Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision 
Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
US Dollar Near Two-Month Low as Markets Await Inflation Data 
Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data 
Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty 
BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning 
US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
This week is a quite heavy with volatility risks, especially in terms of events.
What to watch for over the coming days:
- Central banks:
Bank of England’s (BoE) Chief economist Haldane to speak on Thursday and Friday. ECB’s Draghi to speak on Wednesday. FOMC’s Kaplan to speak on Monday, Powell on Tuesday, Janet Yellen on Wednesday, Dudley on Friday. Reserve Bank of Australia (RBA) to announce interest rate decision on Tuesday.
- Economic data:
PMI reports from around the world will be released this week. U.S. ADP and NFP employment reports on Wednesday and Friday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
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