U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
RBA Holds Rates but Warns of Rising Inflation Pressures 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
This week is pretty risk heavy in terms of data and events, and there are certain economic data and events scheduled that can trigger very high volatility.
What to watch for over the coming days:
- Central banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday; European Central Bank (ECB) will announce interest rate decision on Thursday; FOMC member Neel Kashkari is scheduled to speak on Monday.
- US data:
The most important data from the United States will be released on Friday and that’s payroll report.
- UK budget:
The mega mover for the pound is scheduled for Wednesday when the UK chancellor of the exchequer is scheduled to present his first budget of the new government of Prime Minister Theresa May.
- Trump:
US President Donald Trump has accused the former President Barrack Obama of wiretapping him in the Trump tower during the 2016 election campaign last Saturday. The fallout from that is likely to get felt throughout this week.
