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.


Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 



