RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist 
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity 
BOJ Seen Moving Toward December Rate Hike as Yen Slides 
BOJ Governor Ueda Meets Key Ministers as Markets Eye Policy Shifts Under New Leadership 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
Oil prices fell sharply on Monday, taking a breather after booking strong gains over the previous trading week, but heading for another monthly fall amid worries over China and the ongoing supply glut.
WTI futures fell 1.84% to $44.39 per barrel, while futures for Brent slid 2.26% to trade at $48.92 per barrel.
Last week, both benchmarks posted steep weekly gains after recording the biggest one-day rally since March 2009 - WTI ended the week almost 12% higher, while Brent jumped over 10.5%.
In China, one of the world's biggest oil consumers, the market sell-off returned on Monday after some stabilization last week, despite weekend comments from country's Premier Li Keqiang who said that Beijing would "enact more targeted and responsive macro-regulation to offset downward economic pressure, more robust reform and innovation efforts to energize the market."
This week will bring some important data, including weekly reports on US crude reserves on Tuesday and Wednesday. The Fed is due to meet on September 16-17, and many analysts still believe the bank's policymakers will decide to raise the rates. However, some economists say such a move will be postponed given the recent market turmoil and falling oil prices. Friday's non-farm payrolls report may give more hints about the future monetary steps in the US.
