Key points the market will focus on in the new week:

Monday 15:30, ECB President Lagarde will deliver a speech;

Tuesday 04:45, Bank of Canada Governor Macklem will deliver a speech;

Thursday 03:00, the Federal Reserve will announce its interest rate decision and economic projections summary;

Thursday 03:30, Federal Reserve Chair Powell will hold a monetary policy press conference;

Thursday (exact time to be determined), the Bank of Japan will announce its interest rate decision;

Thursday 14:30, Bank of Japan Governor Ueda will hold a monetary policy press conference;

Thursday 21:30, revised annualized quarterly rate of real GDP for the third quarter in the U.S., preliminary quarterly rate of real personal consumption expenditures for the third quarter in the U.S., and the December Philadelphia Fed Manufacturing Index.

It is worth mentioning that the Federal Reserve's preferred core inflation gauge - the Personal Consumption Expenditures Price Index (PCE) will be released next Friday. According to economists' forecasts, the PCE for November (excluding food and energy) may rise by 0.2%, which would be the smallest increase in three months. This report will also show robust growth in consumer spending and income, indicating economic resilience.