{"id":10114,"date":"2024-12-23T06:52:40","date_gmt":"2024-12-23T06:52:40","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=10114"},"modified":"2024-12-23T06:52:41","modified_gmt":"2024-12-23T06:52:41","slug":"weekly-overview-2024-12-23","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/de\/analytics\/weekly-overview-2024-12-23\/","title":{"rendered":"Week&#8217;s main events (December 23 \u2013 December 27)"},"content":{"rendered":"\r\n<div class=\"ag-base_page ag-m-format-container\">\r\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (December 23 \u2013 December 27)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n<p class=\"ag-analytics_text\">This week will not be busy because of the Christmas holidays. As a rule, bankers and investors go on vacation at this time, so the volatility during the Christmas and New Year periods is usually below average. But there are still events to watch out for. Investors&#8216; attention will be directed to GDP data from the UK and Canada and the minutes of the last RBA and BoJ meetings. Also, it\u2019s worth paying attention to the economic data from Japan on Friday.<\/p>\r\n<div class=\"ag-analytics_title\">Monday, December 23<\/div>\r\n<div class=\"ag-analytics_title-list\">On Monday, investors will focus on the GDP data from Canada and the UK. The final British GDP data is expected to show 0.1% q\/q, which is weak. Therefore, any negative surprise will put additional pressure on the GBP. In Canada, GDP is expected to grow by 0.2% m\/m. Better-than-forecast data will support the weak CAD. Traders should also pay attention to Singapore&#8217;s inflation data. It is expected to rise from 1.4% to 1.7% y\/y, which may support the Singapore dollar.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Singapore Inflation Rate (m\/m) at 07:00 (GMT+2).<\/li>\r\n<li>\u2013 UK GDP (q\/q) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 Canada GDP (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US CB Consumer Confidence (m\/m) at 17:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Tuesday, December 24<\/div>\r\n<div class=\"ag-analytics_title-list\">On Tuesday, most financial exchanges will have a short working day. Early close will be in Singapore, Hong Kong, Australia, New Zealand, the United Kingdom, and the United States. It\u2019s a bank holiday in Germany, Norway, Switzerland, and Sweden. But there will be reports throughout the day that are worth looking at. Firstly, it concerns the latest RBA and BoJ meeting minutes, explaining why the central banks decided to keep rates at current levels at the last meeting. Also, in the US session, it is worth paying attention to the US Durable Goods Orders report, which is a leading indicator of production. The growth in orders for delivery signals that manufacturers will increase activity. The better the data, the better for the USD currency.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan Monetary Policy Meeting Minutes (m\/m) at 01:50 (GMT+2);<\/li>\r\n<li>\u2013 Australia Monetary Policy Meeting Minutes (m\/m) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 US Durable Goods Orders (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Richmond Manufacturing Index (m\/m) at 17:00 (GMT+2);<\/li>\r\n<li>\u2013 US New Home Sales (m\/m) at 17:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Wednesday, December 25<\/div>\r\n<div class=\"ag-analytics_title-list\">Christmas is a bank holiday in the United States, Canada, the United Kingdom, Australia, New Zealand, Hong Kong, Singapore, Switzerland, Norway, and most European countries. Only the Asian (China, Japan) markets will work. However, no important events are expected, so volatility will be very low. It is better not to trade on such a day.<\/div>\r\n\u00a0\r\n<div class=\"ag-analytics_title\">Thursday, December 26<\/div>\r\n<div class=\"ag-analytics_title-list\">Most financial markets will also be closed on Thursday (Boxing Day). The US session is expected to see data on weekly jobless claims and a report on crude oil inventories. However, since most financial exchanges will be closed, the volatility will also be weak. Therefore, it is also recommended that you refrain from trading on this day.<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 US Initial Jobless Claims (w\/w) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Crude Oil Inventories (w\/w) at 18:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Friday, December 27<\/div>\r\n<div class=\"ag-analytics_title-list\">The most essential Friday&#8217;s release for investors will be the inflation report in Japan&#8217;s capital. This report is a leading indicator of nationwide inflation. The indicator is expected to rise from 2.2% to 2.5% annually. A rise in inflation is necessary for the hawkish stance of the Bank of Japan (BoJ), aiming for a rate hike next month. Therefore, rising inflation will strengthen the Japanese currency.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan Tokyo Core CPI (m\/m) at 01:30 (GMT+2);<\/li>\r\n<li>\u2013 Japan Unemployment Rate (m\/m) at 01:30 (GMT+2);<\/li>\r\n<li>\u2013 Japan Industrial Production (m\/m) at 01:50 (GMT+2);<\/li>\r\n<li>\u2013 US Natural Gas Storage (w\/w) at 17:30 (GMT+2).<\/li>\r\n<\/ul>\r\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, <span class=\"updated\">2024.12.23<\/span><\/p>\r\n<!--a href=\"\/analytics\/daily-forecast\" class=\"ag-analytics_link\">\r\nWe advise you to get acquainted with the daily forecasts for the major currency pairs.\r\n<\/a--> <a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/de\/register\/?sl=1\">Open Account<\/a><\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (December 23 \u2013 December 27) This week will not be busy because of the Christmas holidays. As a rule, bankers and investors go on vacation at this time, so the volatility during the Christmas and New Year periods is usually below average. But there are still events &#8230;<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[328,332,335],"tags":[],"class_list":["post-10114","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/10114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/comments?post=10114"}],"version-history":[{"count":2,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/10114\/revisions"}],"predecessor-version":[{"id":10126,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/10114\/revisions\/10126"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/media?parent=10114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/categories?post=10114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/tags?post=10114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}