Trump Defends Russian Diesel Deal Amid US Sanctions Backlash 
Wall Street Closes Lower as Bank Earnings and AI Concerns Weigh 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
European Stocks Rise as Oil Prices Fall Ahead of US CPI 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
Fed’s Williams Sees One More Rate Hike in 2026, None in 2027 
Fed Minutes Signal Another Rate Hike by Year-End 
Samsung, SK Hynix Shares Plunge as China Chip Competition Grows 
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In terms of volatility risks, this week is quite heavy. There are some key events and data that you need to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Bank of Canada (BoC) will announce interest rate decision on Wednesday.
- Economic data:
UK inflation reports on Tuesday. Eurozone inflation report on Wednesday. China house prices, retail sales, and GDP numbers on Thursday.
- U.S. government shutdown:
U.S. Congress has until 19th January to pass the spending bill or face a government shutdown.
- U.S. earnings:
28 companies on S&P 500 are set to announce fourth-quarter earnings report. Big names include Goldman Sachs, Bank of America, Citi and Morgan Stanley, CSX, IBM, American Express and Schlumberger.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
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