The Week Ahead: Key Central Bank Decisions (BoJ, ECB) in Focus
The past week featured some key economic events, including the Bank of Canada’s interest rate and policy decision, and Australia’s latest employment data release. Stealing the limelight from these events, however, was drama surrounding a possible US government shutdown if lawmakers fail to reach an agreement by Friday night, as well as a sharp plunge in the price of Bitcoin and other cryptocurrencies due to reports of tightening regulations in Asia.
The week ahead will likely feature heightened volatility for currency markets, depending in part on developments in US government efforts to avert a shutdown, as well as two major central bank decisions from the Bank of Japan and the European Central Bank.
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