In terms of volatility risks, this week is heavy with economic data, as well as central bank events.
What to watch for over the coming days:
- Central Banks: Bank of Canada (BoC) will announce the rate decision on Wednesday. FOMC will publish the Beige Book report on Wednesday. European Central Bank (ECB) will announce the rate decision on Thursday.
- Economic data: U.S. goods trade balance report on Thursday, and Q3 GDP report on Friday. Japan inflation report on Thursday.
- Geopolitics: Saudi Arabia’s 3-day investment conference kicks off on Tuesday. However, several high-level business and government executives including U.S. Treasury Secretary Steven Mnuchin have pulled off from attending the event over the killing of Washington post Journalist Jamal Khashoggi at Saudi Consulate in Istanbul. Canada to host a multilateral summit on reforming the World Trade Organization.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.


BOJ Expected to Hold Rates Steady While Signaling More Hikes Ahead
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist
BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning 



