Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
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RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
In terms of volatility risks, this week is relatively light with the focus on central banks and economic data,
What to watch for over the coming days:
Central Banks:
- Bank of Canada (BoC) will announce rate decision on Wednesday. No changes expected.
- Bank of Japan (BoJ) will announce the rate decision on Thursday. No changes expected.
Economic data:
- Australia’s inflation numbers for Q1 due on Wednesday.
- German IFO survey is due on Wednesday. Could be a big mover if data disappoint to the downside.
- United States’ durable goods order report on Thursday and Q1 flash GDP estimate on Friday.
Geopolitics:
- India to hold the third phase of General election on April 23rd.
- North Korean leader Kim Jong-Un to visit Russia this week and meet President Putin.
- China will host a two-day ‘Belt and Road’ forum in Beijing. Interest by sovereign states would be a key point to note.
- Spain will hold the general election on Sunday.
