Let’s take a look at the FXTS Weekly Market Preview for the upcoming week 30th Dec 2024 – 3rd Jan 2025. Discover the key events of the week ahead, including economic data releases and the quarterly reports of publicly listed companies.
As we prepare to welcome in the new year, with 2025 just around the corner, we decided to put together a special version of our weekly preview so you don’t miss out on what’s scheduled for the coming days. This week’s edition is much shorter than usual, with the markets being closed on New Year’s Day and no major companies expected to report their quarterly earnings.
Economic Highlights
At the turn of the year, the holiday-shortened trading week brings with it a much quieter list of upcoming economic releases, aside from inflation figures for Spain, France, South Korea, Indonesia, and Turkey. The publication of Germany’s latest unemployment rate figures for December will also be closely watched, alongside global manufacturing PMI data.
However, much of the focus remains on this year’s Santa Claus Rally, the market phenomenon whereby stock prices tend to rise during the final five days of a calendar year and the first two days of the next. Somewhat unusually, stocks have so far failed to live up to the usual festive hype, with each of the top three US stock market indexes closing the day lower on 27 December.
Monday 30th December
Earnings
- No noteworthy releases
Releases
- Japan (au Jibun Bank Manufacturing PMI, December final)
- Spain (Inflation, December prelim)
- United Kingdom (Nationwide Housing Prices, December)
- United States (Pending Home Sales, November)
Tuesday 31st December
Earnings
- No noteworthy releases
Releases
- China (NBS PMI, December)
- Japan (Housing Starts, November)
- India (Current Account, Q3)
- South Korea (Inflation, December)
Wednesday 1st January
Earnings
- No noteworthy releases
Releases
- No noteworthy releases
Thursday 2nd January
Earnings
- No noteworthy releases
Releases
- Indonesia (Inflation, December)
- Worldwide (Manufacturing PMIs, December)
Friday 3rd January
Earnings
- No noteworthy releases
Releases
- France (Inflation, December prelim)
- Germany (Unemployment Rate, December)
- Turkey (Inflation)
- United Kingdom (Mortgage Lending and Approval, November)
- United States (ISM Manufacturing PMI, December)
For a more in-depth look at the upcoming week’s key events, visit our Economic Calendar.
