WEEKLY MARKET OUTLOOK: US NFP, AUSTRALIAN CPI, SWISS INFLATION IN FOCUS
WEEKLY MARKET OUTLOOK: US NFP, AUSTRALIAN CPI, SWISS INFLATION IN FOCUS
KEY DATES:
Wednesday: Australian CPI Data
Friday: U.S. Non-Farm Payroll (NFP) Data (Jan 6 - Jan 11)
US DOLLAR MOMENTUM: The US dollar gained last week, fueled by optimism about the Trump administration and the Fed's hawkish stance, supported by strong consumer spending and a solid labor market.
SWISS INFLATION DATA: Switzerland's annual CPI is expected to dip to 0.6% from 0.7%, with monthly CPI steady at -0.1%. The Swiss National Bank is unlikely to cut rates further unless inflation drops significantly.
AUSTRALIAN CPI FOCUS: Australia's annual CPI is projected to rise to 2.5% from 2.1%. The Reserve Bank of Australia may consider rate cuts in February depending on inflation and labor market data.
US NFP IMPACT: The U.S. NFP report is expected to show 160K new jobs in December (down from 227K in November), with unemployment steady at 4.2% and annual wage growth holding at 4.0%.