Philippines Current Account Deficit Seen at $19.1 Billion in 2026 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Gold Prices Rebound as Dollar Weakens Ahead of US Inflation Data 
US Dollar Near 18-Month High Ahead of Inflation Data 
US Stock Futures Rise as Oil Prices Fall Ahead of Q3 Earnings 
Visa Wins China Approval to Prepare Domestic Payments Expansion 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Bank of America Predicts Yen Rebound as USD/JPY Faces Risks 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
Oil Prices Fall as Trump Ceasefire Claim Shifts Market Focus to U.S. CPI 
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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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