在经济数据方面，本周最值得关注的是将于周五公布的美国12月非农就业报告。市场目前普遍预计，美国12月非农就业新增人口将放缓至15.3万人，失业率则将保持在4.2%。Investors will pay attention to the important economic data to be announced soon, as well as any signals that may be issued in the Federal Reserve's meeting minutes.
According to Zhitong Finance APP, as the first complete week of 2025 approaches, the market is seeking direction after the absence of the "Christmas Rally." Investors will focus on the important economic data to be released soon, as well as possible signals in the Federal Reserve's meeting minutes. It is worth mentioning that the US stock market will be closed on Thursday (January 9) in honor of former President Jimmy Carter.
Economic Data
In terms of economic data, the most noteworthy this week is the US non-farm payroll report for December, which will be released on Friday. The market currently expects that the increase in non-farm employment in the USA for December will slow to 0.153 million, while the unemployment rate is expected to remain at 4.2%.
The strength of the labor market is one of the key factors in the Fed's policy decisions. Other data that will also reflect the state of the US labor market includes the ADP employment numbers for December, which will be released on Wednesday and is often referred to as "little non-farm pay report." Additionally, the November JOLTs job openings in the USA will be released on Tuesday, and a significant decrease in job openings may raise speculation about a Fed rate cut.
Meanwhile, key service data will be released on Monday and Tuesday. The final value of the SPGI Services PMI for December will be announced on Monday, while the ISM Non-Manufacturing PMI for December will be released on Tuesday. Given the major share that the service sector holds in the US economy, this data will provide crucial insights into the economic momentum in the USA. Following mixed signals in recent months, any significant deviation from expectations could affect market sentiment.
Federal Reserve Meeting Minutes
The Federal Reserve's meeting minutes for December will be released on Wednesday. Investors will closely analyze these minutes to understand the Fed's thoughts on potential policy shifts. Any hints regarding the timing or pace of interest rate cuts could trigger significant market volatility.
In addition, Federal Reserve Governor Lisa Cook, Christopher Waller, Richmond Fed President Tom Barkin, and Philadelphia Fed President Patrick Harker will speak this week.
Company Earnings Reports and Other Developments.
This week, Delta Air Lines (DAL.US), Jefferies Financial (JEF.US), Albertsons Companies (ACI.US), and Walgreens Boots Alliance (WBA.US) will announce their latest quarterly Earnings Reports.
Additionally, NVIDIA (NVDA.US) CEO Jensen Huang will deliver the keynote speech on Monday at the 2025 Consumer Electronics Show (CES) held in Las Vegas. Many Analysts believe that this event may boost the stock price of this AI chip giant.
