This week, we will focus on the interest rate decisions of the US, Japan and UK central banks and the US core PCE

According to Wu, the US November CPI annual rate of 3.3% last week was in line with expectations, and the Canadian and European central banks cut interest rates as expected.

The US core CPI annual rate in November was 3.3%. The Bank of Canada lowered its policy rate by 50 basis points to 3.25%. The European Central Bank lowered its three key interest rates by 25 basis points.

The number of first-time applications for unemployment benefits in the United States in the week ended December 7 was 242,000, higher than the expected 220,000.

This week, the focus will be on the interest rate decisions of the Federal Reserve and the Bank of England on December 19, as well as the Bank of Japan. On December 20, the annual rate of the US core PCE price index for November will be announced.