RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order 
US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes 
Stephen Miran Resigns as White House Economic Adviser Amid Federal Reserve Tenure 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Fundamentals to watch out for this week
Compared to last week, this week is relatively quiet with few data that could rapidly increase volatility in the market.
What to watch for over the coming days:
- UK economic data:
Time has come to pay some extra attention as the first batch of key economic data from the post-referendum UK become available this week. There are inflation data on Tuesday, Employment data on Wednesday and retail sales data on Thursday. All these data are for the month of July.
- US economic data and Fed speakers:
Not many economic dockets but all with high volatility risks associated On Monday, there is house price index from the National Housing Board, consumer price inflation data on Tuesday, and FOMC minutes on Wednesday. Several Fed speakers are scheduled this week; Fed’s Lockhart on Tuesday, Bullard on Wednesday, and Williams on Thursday.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
