Mexico Industrial Output (YoY) registered at -0.8% above expectations (-1.2%) in November

Brazil IPCA Inflation came in at 0.33% below forecasts (0.35%) in December

Gold (XAU/USD) trades little changed on Friday as markets turn cautious ahead of the US Nonfarm Payrolls (NFP) report due at 13:30 GMT. At the time of writing, XAU/USD trades around $4,470, consolidating after bouncing from the $4,400 region on Thursday.

US Dollar (USD) continues to power forward against all major currencies underpinned by a modest upward adjustment to US rate expectations. A run of Goldilocks-type US data has helped anchor rate expectations in favor of USD, BBH FX analysts report.

Gold (XAU/USD) sellers were halted at the $4,400 support area on Thursday, and bounced up to the highest range of the $4,400s, aiming for the $4,500 area with precious metals buoyed amid a moderate risk aversion on Friday.

India Bank Loan Growth up to 14.5% in December 22 from previous 12%

India FX Reserves, USD declined to $686.8B in December 29 from previous $696.61B

USD/CHF trades without a clear direction on Friday, with the current price hovering around 0.8000, virtually unchanged on the day after three consecutive days of gains. The pair pauses as the Swiss Franc (CHF) continues to benefit from safe-haven demand in a still-uncertain geopolitical environment.

United States (US) President Donald Trump said in an interview with New York Times (NYT) that he wants Washington to own Greenland whose ownership is psychologically important for the nation.

New Zealand Dollar (NZD) could continue to decline; it does not appear to have sufficient momentum to reach 0.5715. In the longer run, downward momentum has increased slightly, and NZD could edge lower toward 0.5715, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

This week has so far sent conflicting US macro signals: good ISM services, acceptable ADP, and bad JOLTS. Challenger job cuts released yesterday dropped significantly in December, but that’s partly due to the concentration of large corporation layoffs in previous months.

The Canadian labour market data for December is due for release today at 13:30 GMT. Statistics Canada is expected to show that there was a reduction in the labor force as 5K workers were fired, against hiring of 53.6K job-seekers in November.

Australian Dollar (AUD) could retest the 0.6680 level before a recovery can be expected; any further decline is unlikely to reach 0.6655.

The Japanese Yen depreciated across the board on Friday.

Portugal Global Trade Balance climbed from previous €-8.458B to €-7.543B in November

Bitcoin (BTC) is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds (ETFs) have recorded net outflows so far this week.

Markets expect more balanced GDP growth in 2026, though recent data does not support our view yet.

USD/BRL has retreated after failing to sustain a break above the upper boundary of its multi-month descending channel near 5.61/5.63 and the 200-day moving average around 5.50, Société Générale's FX analysts note.

Precious metals including Gold and Silver saw a pullback overnight amid annual rebalancing of major commodity indices including the Bloomberg Commodity Index which began on 8 January over the next 5 business days.

December labour data are expected to show a mild contraction in Canadian employment and a rise in unemployment to 6.7%, reinforcing the view that the labour market is gradually loosening and limiting the case for near-term policy tightening by the Bank of Canada, ING's FX analyst Francesco Pesole no

Downside risk appears to be building, but any Pound Sterling (GBP) weakness is likely part of a lower range of 1.3400/1.3535, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

In a latest post on his social media platform, Truth Social, US President Donald Trump said that “I have cancelled previously expected second wave of attacks on Venezuela.”

A Supreme Court ruling against Trump-era tariffs could marginally support the USD while improving global risk sentiment, favouring high-beta currencies such as the AUD and NZD.

The Eurozone’s Retail Sales increased by 2.3% year-over-year (YoY) in November, following a revised 1.9% growth in October, according to official data released by Eurostat on Friday.

Eurozone Retail Sales (YoY) came in at 2.3%, above forecasts (1.6%) in November

Eurozone Retail Sales (MoM) above expectations (0.1%) in November: Actual (0.2%)

Greece Industrial Production (YoY): 2.6% (November) vs previous 6.4%