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Dmitry Medvedev, Deputy Chairman of the Security Council of the Russian Federation, stated that while Trumps actions in Venezuela were illegal, they were consistent with his usual practice of defending American interests.Sources say Venezuelas state-owned oil company, PDVSA, has asked some of its joint ventures to cut crude oil production due to full inventories.January 4th - In order to safeguard national security and social order, protect the legitimate rights and interests of citizens, strengthen the construction of the peoples police force, and regulate and guarantee the peoples police in performing their duties and exercising their powers in accordance with the law, the Ministry of Public Security has drafted the "Peoples Police Law of the Peoples Republic of China (Revised Draft)" after thorough research, extensive consultation, and in-depth research and argumentation. Public comments are being solicited starting January 4th.1. Monday: ① Data: Chinas December RatingDog Services PMI; Switzerlands November Retail Sales YoY; Eurozones January Sentix Investor Confidence Index; UKs November Bank of England Mortgage Approvals; US December ISM Manufacturing PMI. ② Events: South Korean President Lee Jae-myung pays a state visit to China from January 4th to 7th, 2026; Minneapolis Fed President Kashkari, a 2026 FOMC voting member, speaks at the American Economic Association; the UN Security Council holds an emergency meeting on US military action against Venezuela. 2. Tuesday: ① Data: Frances December CPI (preliminary); France, Germany, Eurozone, and UKs December Services PMI (final); Germanys December CPI (preliminary); US December S&P Global Services PMI (final). ② Events: A new round of price adjustments for domestic refined oil products will begin; the 2026 Consumer Electronics Show (CES), dubbed the "Science and Technology Spring Festival," will be held in Las Vegas; South Korean President Lee Jae-myung will pay a state visit to China from January 4th to 7th, 2026; 2027 FOMC voting member and Richmond Fed President Barkin will deliver a speech. 3. Wednesday: ① Data: US API and EIA crude oil inventory data for the week ending January 2nd; Chinas December foreign exchange reserves; Australias November unadjusted CPI year-on-year rate; Germanys December seasonally adjusted unemployment figures and unemployment rate; Eurozones December preliminary CPI year-on-year rate and preliminary Eurozone December preliminary CPI month-on-month rate; US December ADP employment figures, US December ISM non-manufacturing PMI, US November JOLTs job openings, US December global supply chain stress index, and US October factory orders month-on-month rate. ② Events: The "Tech Spring Festival" - the 2026 Consumer Electronics Show (CES) - will be held in Las Vegas; South Korean President Lee Jae-myung will pay a state visit to China from January 4th to 7th, 2026. 4. Thursday: ① Data: UK December Halifax seasonally adjusted house price index (MoM); Switzerland December CPI (MoM); France November trade balance; Eurozone November PPI (MoM), Eurozone November unemployment rate, Eurozone December industrial sentiment index, Eurozone December economic sentiment index; US December Challenger job cuts, US initial jobless claims for the week ending January 3rd, US October trade balance, US October wholesale sales (MoM), US EIA natural gas storage for the week ending January 2nd. ② Events: The "Tech Spring Festival" - the 2026 Consumer Electronics Show (CES) - will be held in Las Vegas. 5. Friday: ① Data: US December New York Fed 1-year inflation expectations; China December CPI year-on-year rate; Germany November seasonally adjusted industrial production month-on-month rate, Germany November seasonally adjusted trade balance; France November industrial production month-on-month rate; Switzerland December seasonally adjusted unemployment rate; Eurozone November retail sales month-on-month rate; Canada December employment change; US December unemployment rate, US December seasonally adjusted non-farm payrolls, US December average hourly earnings year-on-year rate, US December average hourly earnings month-on-month rate, US October housing starts annualized rate, US October building permits, US January 1-year inflation rate expectations preliminary value, US January University of Michigan consumer sentiment index preliminary value. ② Events: The "Tech Spring Festival" 2026 Consumer Electronics Show (CES) was held in Las Vegas; 2026 FOMC voting member and Minneapolis Fed President Kashkari delivered a welcome speech and participated in informal talks at an online conference hosted by the bank. 6. Saturday: ① Data: Total number of oil rigs in the U.S. for the week ending January 9. ② Event: Richmond Fed President Barkin, a 2027 FOMC voting member, speaks on the economic outlook.JetBlue Airways: The Federal Aviation Administration has reopened Caribbean airspace, and we plan to resume normal operations.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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