January 8th, Thursday, Economic Calendar: European and US Data Lead the Way

Good morning everyone. Today is Thursday, and market movements will be primarily driven by European inflation data and US employment data. Caution is advised.

European Trading Hours (15:00-18:00):

• 15:00 UK December Halifax House Price Index (Focus on UK housing market winter)

• 15:30 Switzerland December CPI (Swiss franc short-term volatility source)

• 18:00 Eurozone November PPI and Unemployment Rate (PPI is crucial for predicting future CPI; continued decline may reinforce the European Central Bank's rate cut expectations)

US Trading Hours (20:30 - next day):

• 20:30 US Challenger Job Cuts

• 21:30 US Initial Jobless Claims for the week ending January 3 (Weekly initial claims are a recent focus for the Federal Reserve; rising data may support gold and the US dollar)

• 21:30 US November Trade Balance

• 23:30 EIA Natural Gas Inventory

• 00:00 US December New York Fed 1-Year Inflation Expectations (A barometer of consumer confidence)

Today’s Highlights: Focus on the difference between initial jobless claims and Eurozone PPI, as this may directly influence the movement of European and US currency pairs tonight. Wishing everyone success!$BTC #美联储降息