Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
In terms of volatility risks, this week is heavy as there are several events one needs to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Federal Reserve chairman Jerome Powell will be testifying before Senate committee as a part of his two-day semi-annual testimony beginning Tuesday.
- Economic data:
China GDP report on Monday along with industrial production and retail sales numbers, and house price report on Tuesday. U.S. retail sales on Monday, and Industrial production report on Tuesday. UK unemployment report on Tuesday, Inflation report on Wednesday, and retail sales report on Thursday. Eurozone inflation report will be released on Wednesday. Australia’s unemployment report will be released on Thursday. Canada CPI inflation report on Friday.
- Geopolitics:
President Trump is meeting President Putin in Helsinki. The European Union officials begin their summit with China in Beijing.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and the Korean peninsula are likely to keep influencing the market.
