Global Highlights of Next Week: The Grand Unveiling of CES, and the Consecutive Arrival of Fed Meeting Minutes and Non - farm Payroll Report

 

As an annual major event in the technology industry, the market spotlight next week will be highly focused on the Consumer Electronics Show (CES) in the United States and the latest statements from the leaders of technology giants.

 

Nvidia, AMD, and Intel will all hold new product launches, and technology majors such as Qualcomm and Broadcom will also make appearances.

 

Counting it up, the stock market has entered the third year of "speculating on AI." The threshold for investors' satisfaction is getting higher and higher, but their eager expectations remain unchanged.

 

Jim Cramer, a well - known American financial commentator, said in a preview program on Friday, "We may be 'dizzy' because of the chip use cases mentioned by Jensen Huang."

 

After a 4% surge on Friday, Nvidia has reached a nearly one - month high. The AI leader is still about 6% away from its all - time high.

 

For the US stock market, next week is still a trading week with a "four - day work and three - day rest" schedule. The US stock market will be closed on Thursday, January 9th, to mourn the late former President Carter.

 

In the remaining four trading days, the core issue will revolve around the non - farm payrolls report on Friday.

 

In addition, the Federal Reserve will release the minutes of its December policy meeting next Wednesday.

 

Before the non - farm payrolls, there will also be the JOLTS job openings and the ADP "mini - non - farm," although the latter still seems unable to find consistency with the "official non - farm."

 

During the just - passed "Christmas slump" market, the continuous rise of long - term US Treasury yields, coupled with the strengthening of the US dollar, has cast a considerable shadow over the global market.

 

Employment data and the actions of policymakers will undoubtedly increase the volatility of this key market factor.

 

Economists are also looking forward to the Fed officials who have "broken the rules" and started looking ahead to Trump's policies to provide more details in the minutes, such as how Trump's planned policies will affect the economy and, in turn, the interest rate outlook.

 

Of course, Trump himself and his "MAGA team" will also keep speaking. According to the latest news before the release of this report, Mike Johnson, who has just been re - elected as the Speaker of the US House of Representatives, told Republican colleagues that Trump now wants a single bill covering the border, taxes, and energy.

 

It is reported that some Republicans are worried that if the tax bill is split out separately, it may "never pass."

 

Some analysts also say that if Trump insists on promoting a bill that encompasses all his core agendas, then in the first few months when the Republicans control the White House, the Senate, and the House of Representatives, they will be consumed by this matter - while also having to deal with the (once again) imminent debt ceiling issue.

 

As the elected president, Trump will also receive the sentencing in the "porn star hush - money" case in New York on January 10th.

 

 

In the broader global market, the eurozone will release a series of PMI data next week, and the market is particularly concerned about the performance of the two major economies, Germany and France.

 

The Bank of Japan will release a regional economic report on Thursday, and any comments around wage increases will become the focus. Chinese investors will see the CPI data for December on Thursday.

 

 

Monday: Caixin China PMI for December, eurozone/France PMI, the Constitutional Court of South Korea holds a judge's meeting on the impeachment case of Yoon Suk - yeol, the US Congress certifies Trump's victory in the 2024 US presidential election

 

Tuesday: Eurozone CPI for December, US JOLTS job openings in November, the opening of the Consumer Electronics Show (CES) in the United States (lasting until the 10th), Jensen Huang delivers a keynote speech at CES

 

Wednesday: Eurozone economic sentiment index for December, US ADP employment change in December, German manufacturing orders adjusted for seasonality in November

 

Thursday: China CPI for December, initial jobless claims in the US for the week ending January 4th, the Federal Reserve releases the minutes of the December monetary policy meeting, the US stock market is closed to mourn the late former President Carter

 

Friday: US non - farm payrolls report for December, US one - year inflation rate expectation in January