Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025 
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity 
RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist 
In terms of volatility risks, this week is quite heavy in terms of data and events.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. U.S. Federal Reserve will announce interest rate decision on Wednesday. Bank of Canada (BoC) Governor Poloz set for a speech on Tuesday.
- Economic data:
U.S. PCE inflation report on Monday, ISM manufacturing PMI on Tuesday, ADP employment report on Wednesday, Ism non-manufacturing PMI report on Thursday, and NFP report on Friday. New Zealand unemployment report on Tuesday. Eurozone first quarter GDP numbers on Wednesday, and inflation report on Thursday.
- Earnings:
Almost 150 companies listed on the S&P 500 are slated to report results next week. Big names include Apple, McDonald’s, Aetna, Merck, Garmin, Yum Brands, Estee Lauder, Kraft Heinz, PG&E and Berkshire Hathaway.
- Geopolitics:
EU & UK to hold next round of Brexit talks on Wednesday.
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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