Entering the first week of 2023, there is still a lot to see. This week's (1.3-1.6) blockbuster financial events and data are as follows:

Tuesday January third

Keywords: China Caixin manufacturing PMI, American Markit manufacturing PMI final value

Tuesday,Economic dataChina announced Caixin manufacturing PMI in December, while the United States will announce the final value of Markit manufacturing PMI.

Incident aspectToday, the people's Bank of China has 584 billion yuan of reverse repurchase due, achieving a net withdrawal of 534 billion yuan.

In additionThe new US Congress will also come into operation on January 3.At that time, Democrats will continue to control the Senate, but Republicans will formally regain control of the House of Representatives. It can be expected that in the context of "splitting Congress," the situation in which members of both parties are blushing and fighting for their own self-interest is bound to continue.

The high-speed railway from Hong Kong to the mainland will also be put into trial operation today. According to media reports, Zhang Zhiqiang, head of the MTR transit railway, said earlier that he was preparing to resume routes to the mainland, including the East Rail Line to Lo Wu and the fall of the horse.

Wednesday January fourth

Key words: American ISM manufacturing PMI, American JOLTs job vacancy

Financial events remained lackluster on Wednesday.

Data aspectInvestors can pay attention to the December ISM manufacturing PMI and JOLTs job vacancy data released in the United States on that day. It has been pointed out that signs of declining momentum in the US economy may become clearer at that time, which could add to fears of a hard landing.

Thursday January fifth

Key words:Minutes of the Federal Reserve Monetary Policy meeting, US ADP Employment report, China's Finance and New Services and Comprehensive PMI, speech by Federal Reserve official Bostick

Enter Thursday, the market point soars!

The first is economic data.On the same day, China will release Caixin Service PMI and Trade account in December.

The United States will also release several sets of important data: the ADP employment report, known as the "small non-farm", the number of job losses at Challenger companies in the United States in December, the number of people claiming unemployment benefits in the week to December 31, and the final PMI value for Markit services in December.

ADP employment is expected to rise to 145000 in December from 127000 in November, after small non-farmers fell sharply short of expectations of 200000 in November. If the ADP continues to conflict with the non-farm report, it may make it more difficult for the market to sort out the current state of the US labor market.

Incident aspectThe most eye-catching will be announced in the early hours of Thursday morning.Minutes of the Fed's December monetary policy meeting.

At its December meeting, the Federal Open Market Committee (FOMC) announced that it would raise interest rates by 50 basis points to 4.25%.The focus is on whether the pace of rate hikes will slow further in January and what Fed officials think of the current inflation target.At present, the market expects the probability that the Fed will raise interest rates by 25 basis points in January is close to 70 per cent, and the probability of raising interest rates by 50 basis points is more than 30 per cent, according to FedWatch, an interest rate observation tool of the Institute.

In addition, Bostick, chairman of the Atlanta Federal Reserve and FOMC voting committee in 2021, will deliver a welcome speech at the Fed's meeting on financial markets and institutions.

It is worth noting that on Saturday, Bostick also participated in the discussion of "Global Economic Outlook" sponsored by the National Association of Business Economics (NABE), while Federal Reserve Governor Lisa Cook will also participate in a panel discussion on inflation prospects on the same day, and Richmond Fed Chairman Barkin will give a speech.

The latest remarks by a number of Fed officials may reveal clues about the Fed's path to raising interest rates in January.

Friday January sixth

Keywords: us non-farm and unemployment data, Fed official Brad's speech, European CPI data

On Friday, the market will usher in a bigThe non-farm report and the US unemployment rate.

According to the median expected survey by Bloomberg, non-farm payrolls are expected to fall to 200000 in December from 263000 in November, the lowest since January 2022, the unemployment rate is expected to stabilize at 3.7%, and labor market weakness is beginning to show.

The non-farm report may continue to provide evidence of a slowdown in US inflation, but it also means that the US economy is getting closer to the center of the recession.

European inflation data for December 2022 were also the focus of the day.

The agency now forecasts that the eurozone consumer price index (CPI) will fall from 10.1 per cent to 9.7 per cent in December; core inflation, excluding food and energy, is expected to fall by just 0.1 percentage point to 6.5 per cent.

If the data are better than expected, it will boost hopes that inflation in the eurozone has peaked.

Incident aspectContinue to pay attention to the speech made by Fed official Brad, when the interest rate path in 2023 will become more specific and three-dimensional.

In addition, the market prices of Tesla, Inc. 's all-line Model X and Model S models on Chinese mainland will be officially announced on the same day, and delivery will begin in the first half of 2023.