ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build 
In terms of volatility risks, this week is light with the focus PMI numbers and U.S. payroll data,
What to watch for over the coming days:
Central Banks:
- Federal Reserve chair Jerome Powell’s speech scheduled for Tuesday. He would be testifying for two days before congressional committees beginning Wednesday.
- Bank of Canada (BoC) will anno9nce monetary policy decision on Wednesday.
Economic data:
- China’s money supply/loan statistics on Tuesday, PPI and CPI inflation report on Wednesday, and trade balance numbers on Friday.
- United Kingdom’s manufacturing and industrial production numbers on Wednesday.
- German HICP inflation report on Thursday.
- U.S. CPI inflation report on Thursday, and PPI inflation report on Friday.
Geopolitics:
- Euro group would hold a meeting on Monday.
- Qatari Emir Sheikh Tamim bin Hamad al-Thani to meeting President Trump in Washington on Wednesday.
