A Big Week Ahead
As well as the Singapore summit, there is a huge amount going on this week. The Federal Reserve is expected to hike rates on Wednesday, while the European Central Bank may outline how it intends to end its asset purchase program on Thursday. The Bank of Japan has its meeting on Friday. Tomorrow, there is a major test for British Prime Minister Theresa May as the Brexit bill goes to a vote in parliament, with this morning’s disappointing economic data already putting pressure on the pound. Thursday also sees the start of the soccer World Cup in Russia with a match between the hosts and Saudi Arabia.