OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
In terms of volatility risks, this week is very light as we head into the New Year holiday week. As a trader, you need to keep a watch on the followings,
What to watch for over the coming days:
- Economic data: PMI reports from all over the world will be reported this week. United States’ ADP employment report on Wednesday, along with ISM manufacturing report, and NFP report on Friday. Eurozone inflation report on Friday. Canada unemployment report on Friday.
- Geopolitics: new U.S. legislators would be sworn in on 3rd. The Brexit deal will be presented to the parliament for debate on 7th.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
