Compared to last week, this week is less risk heavy. However, there are few speakers this week, who could add some serious volatility in the market.
What to watch for over the coming days:
- US Presidential elect Donald Trump:
It seems US Presidential elect Donald Trump is never out of headlines. This week, on Thursday he is set to meet Japanese counterpart Shinzo Abe on Mr. Abe’s request. Japan has been worried of Mr. Trump’s commentaries with regard to Japan taking American jobs and need to pay more in order to receive America’s protection.
- Central banks:
Bank of England (BoE) president Mark Carney is scheduled to testify before Parliament’s treasury committee on Tuesday.
Federal Reserve chair Janet Yellen is scheduled to testify before Senate’s Joint Economic Committee on Thursday. There are other notable Fed speakers; Bill Dudley of New York Fed, James Bullard of St. Louis Fed, Fed’s Vice-chair Stanley Fischer, Esther George of Kansas City Fed scheduled to speak this week.
- UK data:
Watch out for UK inflation numbers on Tuesday, as it could add some serious volatility to the pound based pairs. Unemployment report is scheduled for Wednesday and Retail sales data on Thursday.
- US data:
Several key economic figures are to be released this week; the most important ones are CPI inflation figures on Thursday and retail sales data on Tuesday.


Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning
Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation
US Treasury Doubles Long-Term Bond Buybacks as Yields Surge
Oil Prices Rise as US-Iran Tensions Renew Strait of Hormuz Supply Fears
UK Wage Growth Holds at 3.5% as Unemployment Rises
BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook
Wall Street Gains as Treasury Yields Fall, Fed Minutes Signal Inflation Risks
Asian Stocks Rally as KOSPI, Nikkei Surge on Bond Market Relief
UK Inflation Rises to 2.9% in July as Energy Costs Climb
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 



