Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
This week is extremely risk-heavy especially in terms of events.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. The European Central Bank (ECB) will announce interest rate decision on Thursday.
- Trump:
The focus will remain on the former FBI director James Comey who will be testifying before Congress on Thursday, June 8th.
- US data:
After last week’s poor job numbers, the focus will remain on upcoming data from the United States; ISM-non-manufacturing PMI and Factory orders on Monday.
- UK election:
The general election will be held on Thursday and the latest polls indicating a very tight race.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in Korean peninsula are likely to keep influencing the market.
