Trump and Xi Temple of Heaven Visit Highlights Trade and Diplomacy Goals 
Trump Pushes China Market Access During High-Stakes Xi Summit 
Oil Prices Hold Above $100 as Trump-Xi Meeting and Iran Conflict Keep Markets on Edge 
Dollar Surges as Inflation Data Fuels Fed Rate Hike Expectations 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Asian Stocks Steady as Iran War Concerns Persist Ahead of Trump-Xi Summit 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
Asian Currencies Steady as Trump-Xi Summit, Inflation Concerns Boost Dollar 
Oil Prices Slip as Strait of Hormuz Disruptions and U.S. Inventory Data Keep Markets on Edge 
S&P Global Revises Mexico Credit Outlook to Negative Amid Rising Debt Concerns 
US Stock Futures Slip as Iran Tensions and Hot Inflation Data Pressure Wall Street 
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.
