RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
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:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of Canada (BoC) governor Stephen Poloz is scheduled to speak on Tuesday. Reserve Bank of New Zealand (RBNZ) will announce interest rate decision on Wednesday.
- Key economic data:
China’s forex reserve data, Trade balance, producer and consumer price inflation this week
- Trump:
The focus will remain on President Trump, who is in his first trip to Asia. He has already voiced his support for a fair and reciprocal trade policy in Japan. He is due to visit five countries including China and attend ASEAN and APEC summits.
- US earnings:
U.S. September S&P earnings season is set to continue this week with 50 companies reporting Q3 results. Big names include Macy’s, Nordstrom, Kohl, Walt Disney, Coach, Mylan and Equifax.
- Brexit:
European chief negotiator Michel Barnier, and UK’s Brexit Secretary will meet on Thursday to continue negotiations in the sixth round of talks.
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.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
