In terms of volatility risks, this week is heavy, and there are some scheduled events and data that readers need to keep a tab on.
What to watch for over the coming days:
- Central Banks: Bank of Japan (BoJ) will announce interest rate decision on Wednesday. European Central Bank (ECB) President Draghi is set for a speech on Wednesday. Swiss National Bank (SNB) will announce interest rate decision on Thursday. Bank of England (BoE) will release quarterly bulletin on Friday.
- Economic data: Eurozone inflation report on Monday. New Zealand’s Q2 GDP report On Tuesday. UK inflation report on Wednesday, retail sales report on Thursday, and retail sales report on Friday. Canada will release inflation and retail sales report on Friday.
- Geopolitics: Nepal and China will conduct military exercises on counterterrorism and disaster management in Chengdu, China, one week after Nepal pulled out of its first joint military exercise with India. UN general assembly begins on Tuesday in New York.
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.


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