This week isn't going to be a whirlwind of events. The situation is quite neutral and calm. It's time to put the past 12 months behind us and prepare for the future.

Some statistics about the JPY

Japan publishes retail sales and industrial production data this week. Also, the November unemployment rate will be published. The Bank of Japan's forecasts on inflation and the dynamics of GDP are due. Normaly, the JPY does not react to these reports. However, if inflation is unexpected, the yen could fluctuate.

USD: Time for a Pause

The USD may be quite restrained this week: There is no need to have protective assets and statistics are scarce. See weekly unemployment claims. The USD will not react if there is a positive trend in the US employment sector.

EUR: All eyes on ECB Minutes

Investors are only interested in the minutes from the European Central Bank's most recent conference. The EUR may be supported if the statements made by monetary officials are more difficult than anticipated or more precise than they were previously.

Brent: Waiting for the OPEK+ conference

January 4th is the closest date when we'll hear anything from the oil industry. This is when OPEK+ is due. Waiting or this day, however, you can find many comments about the drop in oil demand due to the pandemic. This could negatively impact Brent quotations.

Timetable for the weekend: Everyone is ready for holidays

The markets of Australia, Canada, New Zealand and Great Britain will close on Monday. Canada and Great Britain will be on vacation on Tuesday. Germany and Japan will then take over on Friday.

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