Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
Oil Prices Slip as Iran Talks and Strong Supply Outlook Ease Market Concerns 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
This week is extremely risk heavy. Expect lots of volatility.
What to watch for over the coming days:
- Central banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of Japan (BoJ) will announce interest rate decision on Tuesday. FOMC will announce interest rate decision on Wednesday. Bank of England (BoE) will announce interest rate decision on Thursday.
- US data:
Key economic dockets will be released this week; Personal consumer/spending data on Monday, ISM manufacturing PMI on Tuesday, ADP employment on Wednesday, and non-farm payroll data on Friday.
- China data:
PMI reports are due this week and they would be most closely watched releases from Asia as they are vital for the assessment of the strength of the US economy.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
