At the beginning of the new year, the market has fallen into multiple complex games. Venezuela suffers a US military strike, escalating the situation. It could temporarily push up oil prices due to supply panic, or suppress oil prices in the long term due to regime change concerns, while also sparking safe-haven buying in precious metals.

On the economic data front, this week’s focus is the December non-farm employment report. The revision of November data may be more important than the December net increase. Weak data could boost expectations of a rate cut in March, while strong data may dampen aggressive rate cut expectations. ADP and ISM data will set the tone for the non-farm report in advance.

Federal Reserve officials’ speeches provide policy guidance, but leadership crises add uncertainty. Political uncertainties such as Powell’s future and the reshuffling of the Board influence the direction of monetary policy.

Additionally, Eurozone inflation data, commodity index rebalancing, and tech stock “liquidity event” stress tests all exert influence from different dimensions. The non-farm report on Friday could be the key to breaking the balance.

In this ever-changing market, cryptocurrencies are also not immune. Everyone must exercise caution, weigh carefully, and closely monitor developments. If you find this useful, please follow, bookmark, like, and comment!