China

Goldman Sachs expects the BoE to cut rates by 25bp in March, June and September after December’s move, citing a weakening labour market and well-contained inflation that could allow more easing than markets expect.

UK consumer confidence rose to -17 in December from -19, matching this year’s highs, a GfK survey showed. While easing inflation and limited budget tax rises offered support, households remain cautious and spending subdued.

US auto sales hit 16.3M in 2025, up 2% from 2024. EV sales lag, but overall market sees best year since 2019.

November CPI hits 2.7%, but economists warn of distortions. Traders eye potential Fed pivot amid sticky inflation fears.

Bitcoin dips below $85K, triggering $550M liquidations. Altcoins dump 5%+, traders eye $80K support. Risk-off sentiment prevails.

Japan core CPI holds at 3.0% in November, market focus remains on BoJ guidance rather than the data itself, though persistent price pressures continue to underpin the case for gradual tightening.

Nikkei 225 futures show mixed price action with significant volume drops; traders eye open interest shifts.