Stocks Slip as Investors Brace for Fed Decision and JPMorgan Warning Weighs on Markets 
Global Markets Steady as Yen Holds Firm After Japan Earthquake Amid Central Bank Focus 
U.S. Defense Bill Sets Record $901 Billion Budget, Includes Ukraine Aid 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
In terms of volatility risks, this week is quite heavy. There are some key events and data that you need to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Bank of Canada (BoC) will announce interest rate decision on Wednesday.
- Economic data:
UK inflation reports on Tuesday. Eurozone inflation report on Wednesday. China house prices, retail sales, and GDP numbers on Thursday.
- U.S. government shutdown:
U.S. Congress has until 19th January to pass the spending bill or face a government shutdown.
- U.S. earnings:
28 companies on S&P 500 are set to announce fourth-quarter earnings report. Big names include Goldman Sachs, Bank of America, Citi and Morgan Stanley, CSX, IBM, American Express and Schlumberger.
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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