In terms of volatility risks, this week is heavy light thanks to key data and few central bank meetings. As a trader, you need to keep a watch on the followings,
What to watch for over the coming days:
- Central Banks: RBA will announce its monetary policy on Tuesday. BoE Governor Carney’s speech on Tuesday. BoC Will announce a rate decision on Wednesday.
- Economic data: Manufacturing PMI reports from all over the world on Monday and services PMI report on Wednesday. U.S. ADP employment report on Wednesday and NFP report on Friday. Eurozone Q3 GDP report on Friday.
- Geopolitics: ECJ will release its opinion on the Brexit case on Tuesday. OPEC members are set to meet in Vienna later in the week. Russia is expected to participate in the OPEC meeting.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.


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