Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Wall Street Futures Rise Ahead of Trump-Xi Summit as Tech Stocks Lead Market Rally 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Asian Stocks Steady as Iran War Concerns Persist Ahead of Trump-Xi Summit 
US, Japan Reaffirm Strong Currency Coordination Amid Yen Volatility 
Asian Currencies Steady as Trump-Xi Summit, Inflation Concerns Boost Dollar 
Rubio Discusses Iran Crisis and Strait of Hormuz Disruptions With UK and Australia 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
US Stock Futures Slip as Iran Tensions and Hot Inflation Data Pressure Wall Street 
This week is extremely risk heavy. Expect lots of volatility. The focus is on the US election.
What to watch for over the coming days:
- US Presidential election:
This is the mother of all events this week. On Tuesday, more than 1 yea rlong Presidential race comes to an end. We suspect and forecasted a Donald Trump win but the financial markets have shown that they are with Hillary. So expect upside if Hillary gets elected and downside if Trump does.
- Central banks:
UK inflation report hearings are scheduled on Tuesday, which might add volatility to the pound Reserve Bank of New Zealand (RBNZ) will announce interest rate decision on Wednesday.
- China data:
Lots of key Chinese data are scheduled for release this week; FX reserve details were released today, Trade balance is scheduled for Tuesday and inflation reports on Wednesday.
- Brexit debate:
The decision by the UK High Court that the government will require parliamentary approval to trigger Article 50 will keep the country in the headlines over the week. In addition to that, the parliament will be holding a general Brexit debate this week.
