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 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
South Korea Factory Activity Hits 18-Month High as Export Demand Surges 
This week is a quite heavy with volatility risks, both in terms of data and events.
What to watch for over the coming days:
- Central banks:
Bank of Japan (BoJ) will announce interest rate decision on Tuesday. Fed will announce monetary policy decision on Wednesday. Bank of England (BoE) will announce interest rate decision on Wednesday.
- Key economic data:
U.S. PCE inflation report on Monday, ADP employment report on Wednesday, and NFP report on Friday. Eurozone third quarter GDP report on Tuesday. New Zealand third-quarter unemployment report on Tuesday. Canada unemployment report on Friday.
- Trump:
President Trump is expected to announce his Fed chair decision this week.
- US earnings:
U.S. September S&P earnings season is set to continue this week with 130 companies reporting Q3 results. Big names include Apple, as well as Pfizer, Kraft Heinz, Ralph Lauren, AIG, Starbucks, Yum Brands, and PG&E.
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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