RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
This week is relatively less risk heavy both in terms of data and events.
What to watch for over the coming days:
- Trump:
The focus will remain on President Trump who announced after G7 meeting that he would take a decision on the Paris Climate Accord within a week.
- US data:
Several US economic releases will attract investors’ attention this week, especially after the recent weakness in the data but upside surprise in GDP numbers; PCE inflation numbers on Tuesday, ADP employment report on Thursday and non-farm payroll report on Friday.
- UK campaigning:
UK Prime Minister Theresa May and opposition leader Jeremy Corbyn are expected to field audience questions in interviews on Channel 4 on Monday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in Korean peninsula are likely to keep influencing the market.
