Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Iran Allows Oil Tankers Through Strait of Hormuz Amid U.S. Negotiations 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Oil Prices Slip as Trump Extends Iran Ceasefire Deadline Amid Ongoing War Fears 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
France's 2025 Budget Deficit Shrinks More Than Expected, Easing Fiscal Pressure 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
In terms of volatility risks, this week is quite heavy. There are some key events and data that you need to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Bank of Canada (BoC) will announce interest rate decision on Wednesday.
- Economic data:
UK inflation reports on Tuesday. Eurozone inflation report on Wednesday. China house prices, retail sales, and GDP numbers on Thursday.
- U.S. government shutdown:
U.S. Congress has until 19th January to pass the spending bill or face a government shutdown.
- U.S. earnings:
28 companies on S&P 500 are set to announce fourth-quarter earnings report. Big names include Goldman Sachs, Bank of America, Citi and Morgan Stanley, CSX, IBM, American Express and Schlumberger.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
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