Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
In terms of volatility risks, this week is extremely heavy with political events, as well as central bank decisions.
What to watch for over the coming days:
- Central Banks: Reserve Bank of Australia (RBA) will announce the rate decision on Tuesday. Reserve Bank of New Zealand (RBNZ) will announce the rate decision on Wednesday. Federal Reserve will announce the rate decision on Wednesday.
- Economic data: Services PMI reports from all over the world on Tuesday. New Zealand’s Q3 unemployment report will be published on Tuesday. China’s October trade balance report will be published on Thursday. UK’s GDP report on Friday. U.S. PPI inflation numbers on Friday.
- Geopolitics: The biggest event of the week is U.S. Mid-term election, which will take place on November 6th, Tuesday. President Trump is likely to hold a meeting with President Putin on the coming Sunday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
