In terms of volatility risks, this week is extremely heavy with the focus on Brexit, and central banks,
What to watch for over the coming days:
Central Banks:
- Bank of Japan (BoJ) governor Kuroda will hold a press conference on monetary policies.
- European Central Bank (ECB) will announce monetary policy decision on Wednesday, instead of usual Thursday. Likely to talk the euro down.
- FOMC will release minutes of the meeting on Wednesday.
Economic data:
- U.S. CPI inflation report due on Wednesday. CPI expected to grow at 1.8 percent y/y in March compared to 1.5 percent in April. PPI inflation is due on Thursday.
- China CPI inflation due on Thursday, and trade balance numbers on Friday.
Geopolitics:
- EU-China summit begins on Tuesday.
- Egypt’s President Abdel Fattah al-Sisi would visit the U.S. and meet President Trump on Tuesday.
- South Korean President Moon to visit the U.S. on Wednesday and hold a two-day meeting with President Trump.
- World’s largest and longest election begins in India this week.
Brexit:
- European leaders would hold a summit to decide the path forward in Brexit, and to whether or not grant a longer extension to Brexit deadline. If the deadline not extended Britain would exit EU this week on Friday.


RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 



