Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
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:
European Central Bank (ECB) will announce the rate decision on Thursday.
- Economic data:
Australia’s inflation report on Wednesday. U.S. GDP numbers on Friday.
- Geopolitics:
European officials including Commission President Jean Claude Juncker will be meeting President Trump in Washington this week. Pakistan will hold the general election this week.
- Earnings:
Nearly 180 companies listed on the S&P 500 are slated to report results this week. Big names include Hasbro, Alphabet, 3M, Harley-Davidson, Lockheed Martin, AT&T, Coca-Cola, Mattel, Gilead, Visa, Ford, McDonald’s, Starbucks, Twitter, Chevron, and Amazon.
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.
