Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
This week is a filled 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) will announce interest rate decision on Wednesday.
- Economic data:
Services PMI reports from across the world on Tuesday. Australian third-quarter GDP on Wednesday. ADP employment report from the U.S. on Wednesday. Japan’s third-quarter GDP on Thursday. U.S. NFP report on Friday.
- US Government shutdown:
Government shutdown looms as the deadline to pass budget ends on Friday.
- Brexit:
On Monday, UK Prime Minister Theresa May is slated to meet with Jean-Claude Juncker, president of the European Commission, and Michel Barnier, the EU’s chief Brexit negotiator.
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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