In terms of volatility risks, this week is relatively quiet, still, there are several events one needs to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of England (BoE) governor Carney is set for a speech on Thursday.
- Economic data:
U.S. GDP numbers on Thursday and PCE inflation numbers on Friday. Eurozone retail sales numbers on Tuesday. Swiss inflation report on Thursday.
- Geopolitics:
The focus is also on German Chancellor Merkel who is struggling for a pan-European consensus on immigration. Her interior minister and the leader of her main ally, Christian Social Union Party, Horst Seehofer announced that he would step down if immigration controls are not enhanced at the borders.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.


Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 



