BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
Greece’s Bad Loan Crisis Continues to Limit Credit Access Despite Economic Recovery 
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease 
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
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 Japan (BoJ) will announce interest rate decision on Tuesday. Fed will announce monetary policy decision on Wednesday. Bank of England (BoE) will announce interest rate decision on Wednesday.
- Key economic data:
U.S. PCE inflation report on Monday, ADP employment report on Wednesday, and NFP report on Friday. Eurozone third quarter GDP report on Tuesday. New Zealand third-quarter unemployment report on Tuesday. Canada unemployment report on Friday.
- Trump:
President Trump is expected to announce his Fed chair decision this week.
- US earnings:
U.S. September S&P earnings season is set to continue this week with 130 companies reporting Q3 results. Big names include Apple, as well as Pfizer, Kraft Heinz, Ralph Lauren, AIG, Starbucks, Yum Brands, and PG&E.
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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