In terms of volatility risks, this week is relatively calm compared to the last two both in terms of data and events.
What to watch for over the coming days:
- Central Banks:
U.S. Federal Reserve members Dudley and Mester to speak on Monday, Bostic on Tuesday, and Harker on Thursday.
- Economic data:
U.S. fourth-quarter GDP data on Wednesday, personal income and spending report on Thursday. UK consumer confidence data on Wednesday, and fourth quarter GDP numbers on Thursday. German unemployment numbers on Thursday.
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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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
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