The upcoming week is expected to be significant in the financial world, with several central banks scheduled to make key announcements. The Federal Reserve, Bank of Canada, and Norges Bank will all be meeting to discuss monetary policy, while the cat-and-mouse game between officials and investors over the Japanese yen continues.

The Federal Reserve is widely expected to keep interest rates unchanged at its meeting on Wednesday. With the US economy showing signs of slowing down, the Fed is likely to maintain its dovish stance and keep rates steady. The market is pricing in a 90% chance of no rate hike, and any surprise move by the Fed could lead to significant market volatility.

The Bank of Canada is also expected to keep rates unchanged at its meeting on Wednesday. The Canadian economy has been performing well, but the bank is likely to remain cautious due to global trade tensions and the potential impact of the coronavirus on the economy. The market is pricing in a 70% chance of no rate hike, and the bank’s decision will be closely watched by investors.

The Norges Bank, Norway’s central bank, is expected to raise interest rates at its meeting on Thursday. The Norwegian economy has been performing well, and the bank has hinted at a rate hike in recent weeks. The market is pricing in a 90% chance of a rate hike, and the decision will be closely watched by investors.

Meanwhile, the Japanese yen continues to be a focus of attention for investors and officials. The yen has been strengthening in recent weeks, which has raised concerns about the impact on Japan’s economy. Officials have been trying to talk down the yen, but so far, their efforts have had limited success. The cat-and-mouse game between officials and investors is expected to continue, with investors waiting to see if officials will intervene to weaken the yen.

Overall, the upcoming week is expected to be significant for the financial markets, with several key central bank decisions and the ongoing drama surrounding the Japanese yen. Investors will be closely watching the Federal Reserve, Bank of Canada, and Norges Bank meetings, as well as any developments on the yen. The market is expecting a relatively quiet week, but any surprise moves by the central banks or unexpected developments on the yen could lead to significant market volatility.