Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
China Services PMI Hits Three-Month High as New Orders and Hiring Improve 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement 
India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Trump Extends AGOA Trade Program for Africa Through 2026, Supporting Jobs and U.S.-Africa Trade 
Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
This week is heavy with events which might trigger massive volatilities in the market.
What to watch for over the coming days:
- Central banks:
On Wednesday, the Federal Reserve Chair Janet Yellen is scheduled to speak to the Commonwealth Club in San Francisco on goals of monetary policies and how Federal Reserve pursues them. There is a Q&A round after the speech. New York Fed President Dudley is scheduled to speak on Tuesday and Harker on Friday. Bank of Canada (BoC) will announce interest rate decision on Wednesday. European Central Bank (ECB) is scheduled to announce monetary policy on Thursday.
- Davos:
Economists, central bankers, global leaders, and big shot corporates from about 70 countries will gather in Davos for annual World Economic Forum. Chinese President Xi Jinping will open this year’s meeting. The event is scheduled from January 17th to 20th.
- US earnings:
Investors would turn their focus onto fourth quarter earnings details from the companies listed in S&P 500. This week, big banks like the Goldman Sachs, Morgan Stanley, and Citi are scheduled to release their earnings details. Netflix and IBM are also scheduled to announce.
- Trump inauguration:
Donald Trump will be formally inaugurated to the office as the 45th president of the United States on January 20th. There is nothing unusual about the event but with Donald Trump scheduled to speak, you can never know.
