The following are the key points the market will focus on in the new week:
Monday at 15:30, European Central Bank President Lagarde will give a speech;
Tuesday at 04:45, Bank of Canada Governor Macklem will give a speech;
Thursday at 03:00, the Federal Reserve will announce the interest rate decision and the economic outlook summary;
Thursday at 03:30, Federal Reserve Chairman Powell will hold a monetary policy press conference;
Thursday (exact time to be determined), the Bank of Japan will announce the interest rate decision;
Thursday at 14:30, Bank of Japan Governor Ueda Kazuo will hold a monetary policy press conference;
Thursday at 21:30, the United States will release the third quarter actual GDP annualized quarterly rate revision, the third quarter actual personal consumption expenditures quarterly rate preliminary value, and the December Philadelphia Federal Reserve Manufacturing Index.
It is worth mentioning that the Federal Reserve's preferred core inflation indicator—the Personal Consumption Expenditures Price Index (PCE) will be announced next Friday. According to economists' forecasts, the PCE for November (excluding food and energy) may rise by 0.2%, which is the smallest increase in three months. This report will also show robust growth in consumer spending and income, indicating that the economy is resilient.
