On Friday afternoon, market participants will have the opportunity to scrutinize December’s Nonfarm Payrolls report, kickstarting the year with one of the most important data sets related to the US economy.

The US dollar is mostly firmer today. Underlying sentiment is constructive, and yesterday's JOLTS and ISM reports were stronger than expected, playing on the American exceptionalism meme.

Oil prices moved higher yesterday with sentiment remaining supportive. Meanwhile, China’s central bank added to its gold reserves for a second month in December.

After weeks of fluctuating performance, Bitcoin is once again in the spotlight as on-chain data highlights critical trends emerging from Binance, the world’s largest cryptocurrency exchange.

Stocks are close to the most overvalued against corporate credit and Treasuries in about two decades.

WTI continues the minor recovery from September and may reach $80 in the coming days.

With a history of seasonal strength during this period and the yen under pressure from both domestic and international factors, USD/JPY appears poised for gains.

DAX rises for a third session despite weak data. USD/JPY rises on USD strength ahead of Fed minutes & ADP payrolls.

November retail sales and industrial orders data confirm our view of a light winter recession in Germany.

The AUD/USD pair moved sideways ahead of the upcoming US jobs data, Federal Reserve minutes, and a statement from Christopher Waller. It was trading at 06242, a 1% drop from this week’s high of 0.6300.

Eurozone inflation rose to 2.4% in December from 2.2% in November, thanks to a rise in the cost of services and energy prices, which was in line with expectations.