China’s Consumer Price Index (CPI) rose at an annual rate of 0.8% in December after reporting a 0.7% increase in November, the country’s National Bureau of Statistics (NBS) reported on Friday. The market forecast was for a 0.9% growth in the reported period.

China Consumer Price Index (YoY) below expectations (0.9%) in December: Actual (0.8%)

China Producer Price Index (YoY) came in at -1.9%, above expectations (-2%) in December

China Consumer Price Index (MoM): 0.2% (December) vs -0.1%

Ireland Consumer Confidence increased to 61.2 in December from previous 61

Japan JP Foreign Reserves declined to $1B in December from previous $1359.4B

Japan Overall Household Spending (YoY) registered at 2.9% above expectations (-0.9%) in November

Colombia Consumer Price Index (MoM) below expectations (0.38%) in December: Actual (0.27%)

Colombia Consumer Price Index (YoY) below forecasts (5.2%) in December: Actual (5.1%)

South Korea Current Account Balance rose from previous 6.81B to 12.24B in November

United States Consumer Credit Change below expectations ($10B) in November: Actual ($4.229B)

United States Consumer Credit Change came in at $4.229B, below expectations ($10B) in November

United States Consumer Credit Change came in at $4.23B, below expectations ($10B) in November

Earlier, on a CNBC interview, the US Treasury Secretary Scott Bessent said that the Federal Reserve should continue to cut rates.

Argentina Industrial Output n.s.a (YoY) declined to -8.7% in November from previous -2.9%

United States 4-Week Bill Auction fell from previous 3.59% to 3.55%

India M3 Money Supply: 12.1% (December 22) vs 9.3%

United States EIA Natural Gas Storage Change registered at -119B, below expectations (-109B) in January 2

United States Wholesale Inventories meets forecasts (0.2%) in October

Turkey Treasury Cash Balance fell from previous 56.39B to -333.15B in December

Turkey Treasury Cash Balance dipped from previous 56.39B to -333B in December

Both manufacturing PMIs rose back to expansion territory in December. Both composite PMIs up for the first time since September. • Still more targeted support and piecemeal monetary easing expected this year, ABN AMRO's Senior Economist Arjen van Dijkhuizen reports.

United States Goods Trade Balance climbed from previous $-79B to $-59.1B in October

According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went up to 208K for the week ending January 3.

United States Unit Labor Costs down to -1.9% in 3Q from previous 1%

United States Continuing Jobless Claims increased to 1.914M in December 26 from previous 1.866M

Canada International Merchandise Trade above expectations ($-1.4B) in November: Actual ($-0.58B)

United States Goods and Services Trade Balance came in at $-29.4B, above expectations ($-58.9B) in October

Canada Exports climbed from previous $64.23B to $65.61B in November

United States Initial Jobless Claims below expectations (210K) in January 2: Actual (208K)