Important events and data forecast for this week: US CPI, China trade account; Federal Reserve officials speak out intensively Monday: ① Data: Swiss Consumer Confidence Index for December; Sentix Investor Confidence Index for January in the Eurozone; China's December M2 money supply annual rate (to be determined); ② Event: G7 Finance Ministers' Meeting; ③ Holiday: The Tokyo Stock Exchange in Japan is closed for one day due to Adult's Day. 2. Tuesday: ① Data: Bid winning interest rate and bid multiples of 10-year treasury bond bonds from the United States to January 12; Japan's November trade account; The NFIB Small Business Confidence Index for December in the United States, including the non quarterly adjusted CPI annual rate, quarterly adjusted CPI monthly rate, quarterly adjusted core CPI monthly rate, and non quarterly adjusted core CPI annual rate for December, as well as the annualized data of total new home sales in October; ② Event: speeches by Federal Reserve officials such as Williams, Bostic, and Musalam; South Korean President Lee Jae myung visits Japan and holds a summit with Japanese Prime Minister Hayao Takashi until January 14th; ③ Financial report: JPMorgan Chase. 3. Wednesday: ① Data: US API crude oil inventory for the week; US November retail sales monthly rate, US November PPI Q3 current account, October commercial inventory monthly rate, annualized data on total home sales in December, API and EIA crude oil inventory for the week; China's December trade account; ② Event: EIA releases monthly short-term energy outlook report; In 2026, speeches will be given by FOMC members, Philadelphia Fed Chairman Paulson, and Fed Governor Milan; OPEC releases monthly crude oil market report; ③ Financial reports: Bank of America, Citigroup, and Wells Fargo. 4. Thursday: ① Data: UK three-month GDP monthly rate in November, manufacturing output monthly rate in November, seasonally adjusted commodity trade account in November, industrial output monthly rate in November; Final monthly CPI rate for December in France; Germany's GDP growth rate for the whole year of 2025; Eurozone November seasonally adjusted trade account, November industrial output monthly rate; Monthly wholesale sales rate in November in Canada; The number of initial jobless claims in the United States for the week ending January 10th, the January New York Fed Manufacturing Index, the January Philadelphia Fed Manufacturing Index, and the November Import Price Index monthly rate; EIA natural gas inventory for the week; ② Event: The Federal Reserve releases the Brown Book of Economic Conditions; In 2026, speeches were delivered by FOMC voting committee member, Minneapolis Fed Chairman Kashkari, FOMC permanent voting committee member, New York Fed Chairman Williams, and others; The European Central Bank releases an economic statement; The Bank of Korea announces its interest rate decision; The US and Japanese defense ministers held a summit in Washington; ③ Financial reports: Morgan Stanley, Goldman Sachs, BlackRock. 5. Friday: ① Data: Final monthly CPI rate for December in Germany; December Industrial Output Monthly Rate in the United States, January NAHB Real Estate Market Index; ② Event: In 2027, FOMC voting committee and Richmond Fed Chairman Barkin delivered a speech on the economic outlook for Virginia. 6. Saturday: ① Data: The total number of oil drilling in the United States for the week. ② Event: Federal Reserve Vice Chairman Jefferson delivers a speech; Italian Prime Minister Meloni visited South Korea from January 17th to 19th.