Global Markets to Be Affect by US Inauguration and Economic Reports

This Monday, U.S. markets will close due to Martin Luther King Day celebrations, impacting exchange-traded instruments such as stocks, indices, and futures. The event also coincides with Trump’s inauguration.

On Tuesday, a Canadian dollar report on consumer inflation is expected to impact its dynamics. A CPI acceleration could support the currency’s value if it reassesses the outlook.

Friday will see a possible rate hike by the Bank of Japan, potentially boosting the Japanese yen. Additionally, preliminary PMI indices for European countries will be released on Friday, which can influence euro dynamics, especially in Germany.

Source: https://www.actionforex.com/contributors/fundamental-analysis/583120-what-next-trump-2-0-and-boj-hike