Important events and data forecast for next week - China's one-year LPR and US GDP data will be released; multiple global markets will be closed for Christmas holidays

1. Monday: ① Data: China's November total electricity consumption data, China's November year-to-date national power generation installed capacity data (pending); China's one-year loan market quotation rate until December 22; UK's third quarter GDP year-on-year final value, UK's third quarter current account. ② Event: Domestic refined oil will start a new round of price adjustment window.

2. Tuesday: ① Data: Switzerland's December ZEW Investor Confidence Index; Canada's October GDP monthly rate; US's third quarter actual GDP annualized quarterly rate preliminary value, US's third quarter actual personal consumption expenditures quarterly rate preliminary value, US's third quarter core PCE price index annualized quarterly rate preliminary value, US's October durable goods orders monthly rate, US's November industrial output monthly rate, US's December Conference Board Consumer Confidence Index, US's December Richmond Fed Manufacturing Index. ② Event: Reserve Bank of Australia releases December monetary policy meeting minutes.

3. Wednesday: ① Data: Total number of oil rigs in the US for the week ending December 26, US API crude oil inventories for the week ending December 19, US initial jobless claims for the week ending December 20. ② Event: Bank of Canada releases monetary policy meeting minutes. ③ Holiday: The New York Stock Exchange will close early at 02:00 Beijing time on the 25th; Intercontinental Exchange (ICE) will end trading in Brent crude oil futures contracts early at 03:00 Beijing time on the 25th; Sydney Stock Exchange will close early at 11:10 Beijing time; Deutsche Börse will be closed for one day; Paris Stock Exchange will trade for half a day; Milan Stock Exchange will be closed for one day; Madrid Stock Exchange will close early at 21:00 Beijing time; London Stock Exchange will close early at 20:30 Beijing time; Hong Kong Stock Exchange will trade for half a day, with random closure between 12:08 and 12:10; Chicago Mercantile Exchange (CME) will end trading in US Treasury futures contracts early at 03:30 Beijing time on the 25th; Toronto Stock Exchange will close early at 02:00 Beijing time on the 25th; New Zealand Stock Exchange will trade for half a day.

4. Thursday: ① Event: Bank of Japan Governor Ueda Kazuo will deliver a speech at the Japan Business Federation; today there are 300 billion yuan of 1-year medium-term lending facility (MLF) and 88.3 billion yuan of 7-day reverse repos maturing. ② Holiday: New York Stock Exchange will be closed for one day; Seoul Stock Exchange will be closed for one day; Chicago Mercantile Exchange (CME) will suspend trading in precious metals, US oil, foreign exchange, and stock index futures contracts all day; Intercontinental Exchange (ICE) will suspend all day trading in Brent crude oil futures contracts; Sydney Stock Exchange will be closed for one day; Deutsche Börse will be closed for one day; Paris Stock Exchange will be closed for one day; Milan Stock Exchange will be closed for one day; Madrid Stock Exchange will be closed for one day; London Stock Exchange will be closed for one day; Hong Kong Stock Exchange will be closed for one day, southbound and northbound trading will be suspended; Taiwan Stock Exchange will be closed for one day; Chicago Mercantile Exchange (CME) will suspend trading in US Treasury futures contracts all day; Toronto Stock Exchange will be closed for one day; National Stock Exchange of India will be closed for one day; New Zealand Stock Exchange will be closed for one day.

5. Friday: ① Data: Japan's November unemployment rate. ② Holiday: Sydney Stock Exchange will be closed for one day; Deutsche Börse will be closed for one day; Paris Stock Exchange will be closed for one day; Milan Stock Exchange will be closed for one day; Madrid Stock Exchange will be closed for one day; London Stock Exchange will be closed for one day; Hong Kong Stock Exchange will be closed for one day, southbound and northbound trading will be suspended; Chicago Mercantile Exchange (CME) will suspend trading in US Treasury futures contracts from 14:00 to 19:00 Beijing time; Toronto Stock Exchange will be closed for one day; New Zealand Stock Exchange will be closed for one day.