Fed’s Hammack Says More Data Needed Before Next Rate Move 
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RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
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In terms of volatility risks, this week is heavy as there are several events one needs to keep a tab on.
What to watch for over the coming days:
- Central Banks:
European Central Bank (ECB) will announce the rate decision on Thursday.
- Economic data:
Australia’s inflation report on Wednesday. U.S. GDP numbers on Friday.
- Geopolitics:
European officials including Commission President Jean Claude Juncker will be meeting President Trump in Washington this week. Pakistan will hold the general election this week.
- Earnings:
Nearly 180 companies listed on the S&P 500 are slated to report results this week. Big names include Hasbro, Alphabet, 3M, Harley-Davidson, Lockheed Martin, AT&T, Coca-Cola, Mattel, Gilead, Visa, Ford, McDonald’s, Starbucks, Twitter, Chevron, and Amazon.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and the Korean peninsula are likely to keep influencing the market.
