CoinWorld news, the market has shown a rare cautious sentiment towards risk assets this week. The largest ETF tracking Bitcoin has seen the most severe capital outflow in history, U.S. stocks recorded the worst year-end decline ever, and the volatility of U.S. Treasuries has increased, reflecting concerns over Trump's policies and their impact on inflation, awakening the hedging market. Next week's non-farm payroll report will play a central role in influencing market sentiment. Here are the key points the market will focus on in the new week: · Monday 22:30, Federal Reserve Governor Lisa Cook will speak; · Tuesday 23:00, U.S. December ISM Non-Manufacturing PMI, U.S. November JOLTs Job Openings; · Wednesday 21:15, U.S. December ADP Employment Change; · Thursday 03:00, Federal Reserve will release the minutes of the December monetary policy meeting; · Thursday 20:30, U.S. December Challenger Job Cuts; · Friday 21:30, U.S. December Unemployment Rate, U.S. December Adjusted Non-Farm Employment Change. Next week, the U.S. will release several labor market data, starting with Tuesday's JOLTs job openings data, followed by Wednesday's ADP employment data, and finally Friday's non-farm data. Notably, the December non-farm data is the first report in months not influenced by one-off factors. UBS expects December's new jobs in the U.S. to be close to the recent average and continue to show a gradual cooling of the labor market, providing room for the Federal Reserve to further cut interest rates. Given the current market pricing, strong labor data is unlikely to lead to further rate cuts by the Federal Reserve, while weak data may prompt the market to consider further cuts. However, U.S. data is unlikely to weaken the dollar index at this stage.

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