Things will get quite busy in the next 24 hours.
Today’s evening session will start with a speech from the very influential NY Fed Williams at an International Economics event (look for clues regarding the upcoming Rate Decision and his views for 2026).
For the rest, mid-tier data for Australia, Japan, and the UK between 18:30 and 19:00.
But the real test will be tomorrow:
The US session will start the festivities, with the ADP Weekly report at 8:15 a.m. (Will the labor picture still rebound?)
But most importantly, an up-to-date US CPI report.
This one will be the most important in almost six months, as the Bureau of Labor Statistics’ closure has hurt all reports since October (so the last clear CPI was released in September – that’s a while ago!)
For the rest of the day, expect a few speeches from Fed officials Musalem and Barkin, two non-voters who still offer interesting insights into their 2026 outlooks.
In terms of data, there will be the US New Home Sales release at 10:00 and the US Monthly Budget at 14:00.
The evening session will then present some Trade data for China – of high importance for the global economy outlook.
Safe Trades and a Successful Week!
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