RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
BOJ’s Kazuo Ueda Signals Potential Interest Rate Hike as Economic Outlook Improves 
This week is a quiet one, both in terms of data and events.
What to watch for over the coming days:
- Central Banks:
Federal Reserve will release minutes of meeting at on Wednesday and the European Central Bank (ECB) will release accounts of meeting on Thursday.
- Economic data:
UK inflation report on Tuesday and unemployment report on Wednesday. Eurozone GDP report on Wednesday and inflation report on Thursday. US retail sales report on Tuesday. Canada inflation report on Friday.
- Geopolitics:
Japan’s foreign minister Taro Kono and defense chief Itsunori Onodera are expected to visit Washington on Thursday to meet with Jim Mattis, US defense secretary, and Rex Tillerson, the secretary of state, to discuss the growing threat of North Korea.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East and Korean peninsula are likely to keep influencing the market.
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