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Key events: UK - Average Earnings Index +Bonus (Nov) UK - Employment Change 3M/3M (MoM) (Nov) UK - Unemployment Rate (Nov) Eurozone - German CPI (MoM) (Dec) USA - NY Empire State Manufacturing Index (Jan) UK - BoE Gov Bailey Speaks USA - Fed Waller Speaks On Monday night, US stocks indicated a lower opening as Wall Street awaited forthcoming data and bank earnings, seeking insights into the current state of the American consumer.

Key events:  USA - Chicago PMI (Dec) US stocks experienced modest gains on Thursday, as traders consolidated positions amid the final days of a robust year on Wall Street. The Dow Jones Industrial Average showed a marginal increase of 55 points, equivalent to 0.1%, while the S&P 500 traded 7 points higher, reflecting a 0.2% uptick and the NASDAQ Composite climbed by 30 points, marking a 0.2% rise.

Key events:  UK - BoE MPC Member Broadbent Speaks Canada - New Housing Price Index (MoM) (Nov) Eurozone - ECB's Schnabel Speaks Eurozone - ECB's Lane Speaks On the closing bell last Friday, Wall Street witnessed a blend of outcomes, and the dollar staged a recovery as market participants took a pause after a week marked by crucial central bank decisions and economic data releases. Treasury yields made a descent to levels not seen in several months.

Key events: UK - GDP (MoM) (Oct) USA - PPI (MoM) (Nov) USA - Crude Oil Inventories USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference New Zealand - GDP (QoQ) (Q3) On Tuesday, the Dow concluded higher, led by the tech sector, as a sustained deceleration in inflation bolstered expectations for an early rate cut in the coming year, just ahead of the Federal Reserve's impending monetary policy decision scheduled for Wednesday.

Key events: USA - Core CPI (MoM) (Nov) USA - CPI (YoY) (Nov) USA - CPI (MoM) (Nov) USA - 30-Year Bond Auction On Monday, the Dow recorded an increase, extending recent positive trends as investors anticipated a significant week marked by pivotal events, including the release of fresh inflation data and the Federal Reserve's scheduled two-day meeting on Tuesday.

Key events: Eurozone - German GDP (QoQ) (Q3) Eurozone - ECB President Lagarde Speaks Canada - Retail Sales (MoM) (Sep) USA - S&P Global Services PMI (Nov) Post-Thanksgiving, a sense of caution is prevalent in the markets as investors show reluctance to make significant moves, anticipating a day of narrow-range trading. The recently declared four-day truce between Israel and Hamas starting on Friday may contribute to a more positive market sentiment.

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Key events: Eurozone -ECB's Lane Speaks UK - BoE Gov Bailey Speaks USA - Fed Chair Powell Speaks USA - FOMC Member Williams Speaks On Tuesday, Wall Street's primary indices embarked on an upward trajectory after a somewhat turbulent start to the session. The decline in US Treasury yields supported mega-cap growth stocks, while investors eagerly anticipated further statements from Federal Reserve officials to gauge the direction of interest rates.

Key events: USA - Average Hourly Earnings (MoM) (Oct) USA - Nonfarm Payrolls (Oct) USA - Unemployment Rate (Oct) USA - S&P Global Services PMI (Oct) USA - ISM Non-Manufacturing PMI (Oct) USA - ISM Non-Manufacturing Prices (Oct) On Thursday, US stocks surged as Treasury yields dipped, reflecting the belief that the Federal Reserve has paused interest rate hikes following two consecutive meetings where it maintained the benchmark rate.

Key events: UK - BoE Interest Rate Decision (Nov) USA - Initial Jobless Claims On Wednesday, Wall Street's major stock indices closed on a high note, with the Nasdaq leading the gains with a 1.6% advance. This upswing followed the US Federal Reserve's decision to maintain unchanged interest rates. Comments from the Fed's top official boosted investor optimism, suggesting that further rate hikes may not be on the horizon, despite the central bank keeping the door open for potential future actions.