Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement 
Gold and Asian Stocks Rebound as Market Volatility Eases and Global Sentiment Improves 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
This week is a quite heavy with volatility risks, both in terms of data and events.
What to watch for over the coming days:
- Central banks:
Bank of Canada (BoC) will announce monetary policy decision on Wednesday. European Central Bank (ECB) will announce interest rate decision on Thursday. FOMC member Kashkari is scheduled to speak on Thursday.
- Key economic data:
Australia’s CPI inflation report will be released on Wednesday. UK’s third-quarter GDP numbers will be released on Wednesday. Japan’s Inflation report will be released on Thursday. U.S. third-quarter GDP report will be published on Friday.
- Geopolitics:
Catalonia’s regional parliament will convene on Thursday to decide further action. The Spanish government is expected to revoke Catalonia’s autonomy on Friday. Trump might announce his pick for next Fed chair this week.
- US earnings:
U.S. September S&P earnings season is set to continue this week with 189 companies reporting Q3 results. Big names include Alphabet, Microsoft, Amazon, Intel, Hasbro, Halliburton, Eli Lilly, United Technologies, Lockheed Martin, Boing, Ford, Chipotle and McDonald’s.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
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