In terms of volatility risks, this week is heavy with the focus on Brexit, and U.S. economic data,
What to watch for over the coming days:
Central Banks:
- Reserve Bank of Australia (RBA) will announce the interest rate decision on Tuesday. Likely to keep rates unchanged at 150 bps.
- ECB President Draghi set for a speech on Wednesday.
Economic data:
- Manufacturing PMI reports from across the globe starts pouring in on Monday, and services PMI on Wednesday.
- United States retail sales and ISM manufacturing PMI on Monday, durable goods orders on Tuesday, Services PMI on Wednesday, ADP employment report on Thursday, and NFP report on Friday.
Geopolitics:
- Iranian oil minister to visit Russia and meet his counterpart on Monday.
- Israel to hold general elections on 9th of April.
Brexit:
- This week likely to see indicative votes at the parliament, while Prime Minister May pushes for another deadline extension, and this time by months.


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