U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market 
This week is relatively less risk heavy due to an absence of major economic data and events. Nevertheless, there are some events scheduled this week that you might want to keep a tab on.
What to watch for over the coming days:
- Central banks:
Several Federal Reserve speakers are scheduled to speak this week and that should give some ideas on individual thinking. Boston Fed President Eric Rosengren and Richmond Fed President Jeffrey Lacker are scheduled to speak on Monday. St. Louis Fed President James Bullard and Chair Yellen are also scheduled to speak this week. FOMC member Harker and Evans are scheduled to speak on Thursday.
- China data:
With Forex reserve detail published for the month of December, the focus would turn on the next set of data from China. Producer and consumer price details would be released on Tuesday and Trade balance data for December on Friday.
- US earnings:
Investors would turn their focus onto fourth quarter earnings details from the companies listed in S&P 500. This week, big banks like the Bank of America, JPMorgan, and Wells Fargo are scheduled to release their earnings details.
- Trump press conference:
Donald Trump is scheduled to hold his first press conference in New York on Wednesday amid a row between the US President-elect and the intelligence community.
