Preview of Major Events Next Week: Global Central Bank Dynamics and Economic Data Capture Market Attention

A new week brings a series of significant events, with global central bank dynamics and key economic data in the spotlight.

On Monday (December 18) at 15:30, European Central Bank President Lagarde will speak, with attention focused on the economic outlook for the Eurozone and the direction of monetary policy, which may influence the euro's movements.

On Tuesday (December 19) at 04:45, Bank of Canada Governor Macklem will address the market, given the weak economic data in Canada, the central bank's stance on inflation and interest rate policy will draw market attention, and the Canadian dollar may fluctuate.

On Thursday (December 21) at 03:00, the Federal Reserve's interest rate decision and economic outlook summary will be released. While it is expected to keep interest rates unchanged, forecasts on growth, inflation, and employment will be closely watched to determine the policy path for next year. At 03:30, Powell will hold a press conference on monetary policy, and his remarks may provide hints about potential interest rate hikes or cuts, which could lead to significant volatility in the dollar and U.S. stock markets. (Time to be determined) The Bank of Japan will also announce its interest rate decision, with particular attention on whether to adjust its monetary policy, especially the Yield Curve Control (YCC) under the current easing policy. At 14:30, Bank of Japan Governor Ueda will hold a press conference, and his stance will clarify the future policy direction of the Bank of Japan, impacting the yen and the global bond market. At 21:30, a series of important economic data from the U.S. will be released, including the revised annualized quarterly GDP for Q3, the preliminary quarterly personal consumption expenditures, and the Philadelphia Fed Manufacturing Index for December, each reflecting the state of the U.S. economy from different angles and influencing market perceptions of U.S. economic resilience and outlook.

Summary: Next week, the focus is on the Federal Reserve and the Bank of Japan. The Fed's decision and Powell's speech will dominate global market sentiment, while potential policy adjustments by the Bank of Japan could impact the global bond market and the yen. Additionally, speeches from the European Central Bank and the Bank of Canada, along with important U.S. economic data, will add to market volatility. Stay tuned to market dynamics and seize investment opportunities!