Monetary Policy Decisions and Economic Indicators

This coming week will be pivotal for investors as several central banks, including the Bank of England and the Bank of Japan, are set to announce their monetary policy decisions. However, all eyes will be on the United States Federal Reserve, which holds its meeting at the center of attention. Following the European Central Bank's recent decision to lower its interest rates, pressure has been mounting on the Fed to loosen its monetary policy in December. Yet, the latest inflation readings in the US have sparked concerns about the Fed's future course of action.

Economic data watchers can anticipate a fresh batch of PMI reports, with significant updates expected from the US, United Kingdom, and the Eurozone. Meanwhile, the earnings season wraps up with financial results from major companies like Birkenstock, Blackberry, FedEx, and Nike.

Political Highlights and Key Events

In the political arena, Germany will hold a confidence vote on December 16, with Chancellor Olaf Scholz's government likely to face a tough time. Meanwhile, Russian President Vladimir Putin will deliver his annual conference on December 19, offering insights into his views on various national and international issues.