This week is characterized by:
- Reduced market participation and lower volatility due to the New Year holiday across major markets.
- A handful of scheduled economic indicators from major economies.
- Release of central bank meeting minutes and key housing data in the U.S.
- Several markets closed for New Year’s Day (January 1), limiting data flow and trading activity.
- Japanese and Chinese data scheduled but with varying global impact.
📅 Monday, 29 December 2025
- Japan
- Bank of Japan Summary of Opinions from the recent policy meeting is released — insight into the BoJ’s thinking and future guidance.
- Norway
- Retail sales (ex-auto) data reported — indicates consumer spending trends.
- United States
📅 Tuesday, 30 December 2025
- Switzerland
- KOF Leading Indicator — a broad measure of economic activity expectations which can affect the CHF.
- United States
- S&P Case-Shiller 20-City Home Price Index (monthly and annual readings) — housing price trends that can influence risk sentiment.
- Fed Meeting Minutes from the December Federal Reserve policy meeting — detailed insights into U.S. monetary policy deliberations; one of the week’s most important releases.
📅 Wednesday, 31 December2025
- China
- Official Manufacturing PMI — snapshot of factory activity in the world’s second-largest economy; can influence broader risk appetite and EM FX moves.
- United States
- Initial Jobless Claims — weekly labor market update reflecting layoffs and employment trends.
📅 Thursday, 1 Janaury 2025
- 📌 Global Markets Closed for New Year’s Day
- Major equity and bond markets in North America, Europe, China, Japan, and others are closed for the New Year holiday.
- Almost all scheduled economic releases are paused, and liquidity conditions remain very thin.
📅Friday, 2 January 2025
- China & Japan
- Financial markets remain closed in recognition of the holiday period.
- Euro Zone
- Manufacturing PMI (final) — provides updated data on business activity in the euro area; can affect EUR crosses.
- M3 Money Supply — broad money growth figure, relevant for longer-term currency trends.
- United Kingdom
- S&P Global Manufacturing PMI — gauges manufacturing sector activity in the UK.
- United States
- S&P Global Manufacturing PMI for December — early indicator of economic momentum.
- Construction Spending for November — reflects investment in the U.S. economy.
- Canada
- S&P Global Manufacturing PMI — manufacturing activity snapshot with potential impact on the Canadian dollar.
Notes
- January 1 (Thursday) is widely observed as a public holiday; most major markets are closed, meaning minimal scheduled data and thinned trading volumes.
- January 2 sees some return of scheduled indicators, but with continued thin liquidity and muted volatility compared with a typical week.
Categories: Market News
