Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
In terms of volatility risks, this week is relatively light with the focus on Brexit and U.S. economic data,
What to watch for over the coming days:
Central Banks:
- No major central bank events scheduled this week.
Economic data:
- China Housing report due on Tuesday, followed by retail sales, industrial production, and Q1 GDP report on Wednesday. GDP growth expected to slow down further to 6.3 percent.
- UK employment report to be released on Tuesday, inflation reports on Wednesday, and retail sales report on Thursday.
- Eurozone inflation numbers to be released on Wednesday.
- U.S. retail sales report due on Thursday.
- German flash PMI reports set to be released on Thursday.
- Japan inflation report due on Thursday.
- Canada will release the inflation report on Thursday.
Geopolitics:
- Indonesia will hold the parliamentary and presidential election on Wednesday.
- 2nd phase in India’s general election to begin on Thursday.
- Ukraine will hold a second round of Presidential election on Sunday.
Brexit:
- This week likely to see Theresa May’s Conservative Party engage with cross-Party talks to garner support for an agreement.
