In terms of volatility risks, this week is very light as we head into the New Year holiday week. As a trader, you need to keep a watch on the followings,
What to watch for over the coming days:
- Economic data: PMI reports from all over the world will be reported this week. United States’ ADP employment report on Wednesday, along with ISM manufacturing report, and NFP report on Friday. Eurozone inflation report on Friday. Canada unemployment report on Friday.
- Geopolitics: new U.S. legislators would be sworn in on 3rd. The Brexit deal will be presented to the parliament for debate on 7th.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.


Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears
Bank of Japan Signals Rate Flexibility Amid Yen Volatility
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty
India's Central Bank Holds Rates Amid Iran War Energy Shock
Singapore Tightens Monetary Policy Amid Middle East War Inflation Risks
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns
Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices 



