Bitcoin rallies over 500 percent since January 1st to reach a new high of $6,300 in yesterday’s trading, breaking the October 21st record high of $6,183.
Oil prices surged as Brent oil broke $60 per barrel for the first time since 2015 and Crude oil December contract rallied almost $2 per barrel on Friday closing on the high of the day at $54.18, a level not seen since February of this year.
In what could be the most eventful meeting of the ECB this year, the European Central bank will announce the interest rate at 12:45 pm GMT followed by the more significant Press Conference at 1:30 pm where ECB President Mario Draghi will reveal details of a reduction in monetary stimulus for the Eurozone.
Focus today rests on the Bank of Canada who will release its policy decision at 12:00 pm GMT followed by a BOC rate Statement and a Press Conference with Governor Stephen Poloz scheduled for 1:15 pm GMT.
A week filled with the potential market-moving catalysts as Brazil, Russia, Canada Eurozone and Argentina will all be releasing interest rate decisions.
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