This week is the last trading week before the end of the year, and it is also the quietest week in terms of market conditions and transactions. Markets in many countries are closed on Monday due to the Christmas holiday. US stocks , CME's precious metals, U.S. crude oil and foreign exchange contracts, and ICE's Brent crude oil futures contracts are suspended for the whole day.
Markets in some countries will resume trading on Tuesday. On that day, you can pay attention to the U.S. housing price index in October, which is expected to maintain a slowdown. may record negative growth compared with . At the same time, the Dallas Fed Business Activity Index in December is also expected to maintain negative growth.
The summary of the monetary policy opinions of the Bank of Japan on Wednesday in Asia is worthy of attention, because at the December meeting, the Bank of Japan unexpectedly adjusted the yield curve control plan, which was considered by the market as a signal to start "turning to the hawk". Let's see if the summary of the meeting reveals a clearer policy path.
In terms of economic data on Wednesday and Thursday, the main focus is on the United States. Looking at existing home contract sales in November (expected to maintain negative growth, but will improve month-on-month) and the number of initial jobless claims last week, they are expected to remain stable below 220,000.
On Friday, various countries entered the New Year holiday one after another. Some market transactions ended early, and the data guidance of various countries was quite light. During this period, we can pay attention to whether the stock market will have some rebound momentum under the traditional optimistic market during the New Year's Eve.
Generally speaking, European and American investors have started to leave the market since last week. The market is thin this week and special attention needs to be paid to any unexpected data that may cause market fluctuations to be amplified at any time. Therefore, in addition to paying attention to the adjustment of the trading time of various products, pay attention to potential fluctuations.
