Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
BOJ Governor Ueda and PM Takaichi Set for Key Meeting Amid Yen Slide and Rate-Hike Debate 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
In terms of volatility risks, this week is relatively quiet, still, there are several events one needs to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of England (BoE) governor Carney is set for a speech on Thursday.
- Economic data:
U.S. GDP numbers on Thursday and PCE inflation numbers on Friday. Eurozone retail sales numbers on Tuesday. Swiss inflation report on Thursday.
- Geopolitics:
The focus is also on German Chancellor Merkel who is struggling for a pan-European consensus on immigration. Her interior minister and the leader of her main ally, Christian Social Union Party, Horst Seehofer announced that he would step down if immigration controls are not enhanced at the borders.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
