Group 1: US Employment Data - The US Labor Department will release the December non-farm payroll report on January 5, which is the first complete month unaffected by the government shutdown, making it highly significant [1][6] - The key focus of the report will be the change in non-farm employment, with a previous value of 64,000 and an expected value of 53,000, indicating a slightly pessimistic outlook [1][6] - Historical data shows that since May 2025, non-farm employment figures have been low, with some months even recording negative values [1][6] - A poor non-farm report may not significantly harm the US dollar index, while a strong report could boost it considerably [1][6] - The November data was revised down to -105,000, making the 53,000 forecast appear optimistic, although the reliability of the November data is questionable due to the government shutdown [1][6] Group 2: ADP Employment Data - The ADP employment data for December will be released on January 3, serving as a precursor to the non-farm payroll data [3][9] - The previous ADP figure was -32,000, with an optimistic expected value of 45,000 for December, reflecting alternating positive and negative trends since June [3][9] - Despite the optimistic forecast, the long-term outlook for the US job market remains weak and unstable, limiting the potential positive impact of the December ADP data on the dollar index [3][9] Group 3: Eurozone CPI Data - The Eurozone's December CPI year-on-year data will be released on January 3, with a previous value of 2.1% and an expected slight decrease to 2% [4][13] - The core CPI for December is expected to remain stable at 2.4%, indicating a lack of significant macroeconomic events affecting prices [4][13] - Historical data shows that the core inflation rate in the Eurozone was stable at 2.3% from May to August 2025 and at 2.4% from September to November 2025 [4][13] - The expected stability in core CPI suggests limited volatility for the euro on the day of the data release if the final values meet expectations [4][13]

Core Viewpoint - The final year-on-year Consumer Price Index (CPI) for the Eurozone in June is reported at 2%, matching expectations and the previous value of 2.00% [1] Group 1 - The Eurozone's CPI indicates stable inflation levels, remaining consistent at 2% [1]

Group 1 - The final year-on-year Consumer Price Index (CPI) for the Eurozone in May is reported at 1.9%, aligning with expectations of 1.90% [1] - The previous value of the CPI has been revised from 1.90% to 2.20% [1]

Core Viewpoint - The Eurozone's Consumer Price Index (CPI) annual rate for May is reported at 1.9%, which is below the expected rate of 2% and lower than the previous value of 2.20% [1] Group 1 - The initial value of the Eurozone CPI for May indicates a deceleration in inflation, suggesting potential easing of monetary policy considerations [1] - The reported CPI figure of 1.9% reflects a significant drop from the previous month's rate, indicating a trend of decreasing inflationary pressures in the Eurozone [1]

Group 1 - The initial year-on-year Consumer Price Index (CPI) for the Eurozone in May is reported at 1.9%, which is below the expected 2% and lower than the previous value of 2.20% [1]

Core Viewpoint - The Eurozone's April CPI year-on-year preliminary value is reported at 2.2%, which aligns with the previous value and exceeds the market expectation of 2.1% [1] Group 1 - The April CPI year-on-year preliminary value of 2.2% indicates stability in inflation rates compared to the previous month [1] - The market expectation for the CPI was lower at 2.1%, suggesting that inflation pressures may be stronger than anticipated [1] - The previous month's CPI was also recorded at 2.2%, indicating no change in inflation levels [1]