Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
This week is extremely risk heavy. Expect lots of volatility. The focus is on the US election.
What to watch for over the coming days:
- US Presidential election:
This is the mother of all events this week. On Tuesday, more than 1 yea rlong Presidential race comes to an end. We suspect and forecasted a Donald Trump win but the financial markets have shown that they are with Hillary. So expect upside if Hillary gets elected and downside if Trump does.
- Central banks:
UK inflation report hearings are scheduled on Tuesday, which might add volatility to the pound Reserve Bank of New Zealand (RBNZ) will announce interest rate decision on Wednesday.
- China data:
Lots of key Chinese data are scheduled for release this week; FX reserve details were released today, Trade balance is scheduled for Tuesday and inflation reports on Wednesday.
- Brexit debate:
The decision by the UK High Court that the government will require parliamentary approval to trigger Article 50 will keep the country in the headlines over the week. In addition to that, the parliament will be holding a general Brexit debate this week.
