Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
In terms of volatility risks, this week is very light as we head into the New Year holiday week. As a trader, you need to keep a watch on the followings,
What to watch for over the coming days:
- Economic data: PMI reports from all over the world will be reported this week. United States’ ADP employment report on Wednesday, along with ISM manufacturing report, and NFP report on Friday. Eurozone inflation report on Friday. Canada unemployment report on Friday.
- Geopolitics: new U.S. legislators would be sworn in on 3rd. The Brexit deal will be presented to the parliament for debate on 7th.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
