Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
In terms of volatility risks, this week is extremely heavy filled with data, central banks’ announcements and geopolitical events.
What to watch for over the coming days:
- Central Banks:
Federal Reserve will announce interest rate decision on Wednesday. Swiss National Bank (SNB) will announce interest rate decision on Thursday. European Central Bank (ECB) will announce the rate decision on Thursday. Bank of Japan (BoJ) will announce interest rate decision on Friday.
- Economic data:
UK’s industrial and manufacturing production data on Monday, Unemployment numbers on Tuesday, inflation report on Wednesday, and retail sales report on Thursday. China’s money supply and loan statistics on Tuesday. United States’ CPI inflation report on Tuesday, retail sales on Thursday. Eurozone CPI on Friday.
- Geopolitics:
U.S. President Donald Trump will meet with North Korea’s supreme leader Kim Jong-Un on Tuesday. UK’s Prime Minister faces parliamentary votes on her Brexit policy on Tuesday. Football world cup will kick off in Russia 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.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
