DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
In terms of volatility risks, this week is extremely heavy and the week belongs to the central bankers.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of Australia (RBA) will announce interest rates on Tuesday. Reserve Bank of New Zealand (RBNZ) will announce interest rate decision on Wednesday.
- Economic data:
China will report trade balance numbers on Wednesday for the month of July and CPI inflation numbers on Thursday. Japan will report Q2 GDP numbers on Thursday. UK will report GDP numbers on Friday. The U.S. will report CPI inflation numbers on Friday.
- Geopolitics:
U.S. sanctions are set to go live On Iran beginning Monday.
- Earnings:
Nearly 47 companies listed on the S&P 500 are slated to report results this week. Big names include Snap, Walt Disney, 21st Century Fox CVS, Viacom, Marriott and Tyson Foods.
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.
