At 03:30 (GMT+2) in China, December data on the Consumer Price Index will be published, which is a key indicator of inflation in the country, reflecting changes in retail prices for a certain basket of goods and services (food, transport, utility costs, healthcare, etc.). It has a significant impact on monetary policy decisions. On an annualized basis, the value is likely to decrease from 0.2% to 0.1%, and on a monthly basis — from –0.6% to –0.4%, which could affect the monetary authorities’ decisions on adjusting the interest rate. Read more