OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Japan Considers Extra Budget Aid Amid Rising Fuel and Utility Costs 
Dollar Surges as Inflation Data Fuels Fed Rate Hike Expectations 
US-China Trade Talks Begin in South Korea Ahead of Trump-Xi Beijing Summit 
RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200 
Asian Stocks Edge Higher as Tech Shares Rise Ahead of Trump-Xi Beijing Summit 
Trump Says Iran Ceasefire ‘On Life Support’ as Oil Prices Surge Above $104 
Trump Pushes China Market Access During High-Stakes Xi Summit 
This week is filled with risk heavy data and events.
What to watch for over the coming days:
- Central Banks:
The bank of Japan (BoJ) will announce interest rate decision on Thursday. The European Central Bank (ECB) will also announce interest rate decision on Thursday.
- Key economic data:
Consumer price inflation numbers will be released from Australia on Wednesday. Flash April inflation numbers will be released from Germany on Thursday. Consumer price inflation numbers from Japan will also be released on Thursday. The first quarter flash GDP number will be released on Friday.
- US earnings:
194 companies from the S&P 500 are scheduled to report first-quarter earnings this week. Big names include Hasbro, McDonald’s, Baker Hughes, Chipotle, Lockheed Martin, Amazon, Microsoft, and Twitter.
- Trump:
The US President Donald Trump has promised last week that in this week he has an important announcement to make with regard to tax reforms. The announcement is likely to come on Wednesday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in Korean peninsula are likely to keep influencing the market.
