GBP/JPY Price Forecast: Resistance at 211.50 keeps holding the Pound.GBP/JPY Price Forecast: Resistance at 211.50 keeps holding the Pound

Safe-Haven Bid Lifts Dollar and Pressure Metals, But Geopolitics Fail to Disrupt Risk Assets.As liquidity conditions have normalized quickly after the holiday lull, markets are digesting the fallout from Washington's weekend raid in Venezuela and the capture of President Nicolás Maduro. While the operation initially triggered a spike in geopolitical risk, price action suggests investors remain cautious but far from alarmed.

Spain Unemployment Change: -17K (December) vs -18.805K.Spain Unemployment Change: -17K (December) vs -18.805K

China responds to Venezuela situation, urges for immediate release of Maduro.The oil exports part is arguably the most interesting in all of this. For some context, Venezuela has seen its production and export capabilities crippled amid political instability and sanctions.

Natural Gas and Oil Forecast: Geopolitical Tensions Support Prices Despite Weak Momentum.Geopolitical tensions and OPEC+ discipline keep oil supported near $60 as natural gas tests $3.45 support, with weak RSI signaling volatility ahead.

China's private PMI services falls to 52.0, constraints persist into 2026.China's RatingDog PMI Services edged down from 52.1 to 52.0 in December, marking the lowest level in six months and extending the slowdown in growth momentum for a fourth consecutive month.

BoJ's Ueda sees durable wage-price cycle, signals scope for further hikes.BoJ Governor Kazuo Ueda reaffirmed the tightening bias today, adding wages and prices are “highly likely to rise together moderately.” In a speech he said adjusting the degree of monetary support would help place the economy on a path toward sustained growth.

Japan PMI manufacturing stabilizes at 50.0, weak Yen lifts inflation risks.Japan's Manufacturing PMI was finalized at 50.0 in December, rising from 48.7 in November and ending a five-month stretch of contraction. The reading points to stabilization rather than renewed expansion, but marks a clear improvement in underlying momentum as 2025 drew to a close.

Crude Oil –05.01.2026.  Oil managed to expand the rebound correction above the 57.05 resistance, towards 58.80 two weeks ago. As we see over the previous chart, the market is a facing resistance zone around 59.00-40, which could keep the market inside this trading zone towards the 54.80 support.

USD/JPY –05.01.2026.  USDJPY begins to build a formation which could send prices higher. Intraday levels show support at 156.50, and if prices remain above it, the advance could sustain towards 157.75 and 158.85.

Netherlands, The Retail Sales (YoY): 3.9% (November) vs 3.1%.Netherlands, The Retail Sales (YoY): 3.9% (November) vs 3.1%

Netherlands, The Retail Sales (YoY) up to 3.3% in November from previous 3.1%.Netherlands, The Retail Sales (YoY) up to 3.3% in November from previous 3.1%

Netherlands, The Retail Sales (YoY) fell from previous 3.1% to 1.9% in November.Netherlands, The Retail Sales (YoY) fell from previous 3.1% to 1.9% in November

AUD/JPY rises to near 105.00 as fiscal concerns weigh on Yen.AUD/JPY rises to near 105.00 as fiscal concerns weigh on Yen

S.Korea finance minister, central bank governor vow efforts to stabilise wobbly won.South Korea's top economic policymakers on Monday vowed efforts to stabilise the currency market as the won's recent declines defied economic fundamentals.

Singapore Retail Sales (YoY) up to 6.3% in November from previous 4.5%.Singapore Retail Sales (YoY) up to 6.3% in November from previous 4.5%

Singapore Retail Sales (MoM) fell from previous 2.3% to 0% in November.Singapore Retail Sales (MoM) fell from previous 2.3% to 0% in November

EUR/JPY softens to near 183.50 as Venezuela crisis strengthens safe-haven currency.EUR/JPY softens to near 183.50 as Venezuela crisis strengthens safe-haven currency

Indonesia Trade Balance up to $2.84B in November from previous $2.4B.Indonesia Trade Balance up to $2.84B in November from previous $2.4B

Indonesia Imports increased to 0.46% in November from previous -1.15%.Indonesia Imports increased to 0.46% in November from previous -1.15%

Indonesia Exports down to -6.6% in November from previous -2.31%.Indonesia Exports down to -6.6% in November from previous -2.31%

Japanese Yen slides to two-week low against firmer USD; USD/JPY climbs beyond 154.00.Japanese Yen slides to two-week low against firmer USD; USD/JPY climbs beyond 154.00

Rupee faces test, RBI support remains centre stage after challenging week.The Indian rupee is set for another test on Monday, with traders keeping a close watch on the Reserve Bank of India's presence, following a challenging week marked by persistent dollar demand and thin supply.

ICYMI: China front-loads 2026 growth with US$42bn infrastructure project rollout.ICYMI: China has moved to front-load infrastructure spending for 2026, unveiling an early batch of major national projects and a central budget investment plan worth roughly 295 billion yuan (about US$42 billion), in a bid to accelerate investment momentum and support economic growth amid ongoing headwinds.

Australian Dollar remains weaker following China's RatingDog Services PMI.Australian Dollar remains weaker following China's RatingDog Services PMI

Nomura warns China EV demand to cool as subsidy policy tightens.China's electric-vehicle market is likely to face further demand cooling this year as policy support is gradually tightened, according to Nomura, adding to pressure on manufacturers already grappling with slowing growth and intense competition.

Rupee set to face pressure after 90-breach; higher state debt to hit bonds.The Indian rupee is likely to remain under pressure this week, with traders warning that a move past 90 could spur dollar demand from importers, while government bonds may fall following higher-than-expected state debt supply.

China Rating Dog December 2025 Services PMI 52.0 (expected 52.6, prior 52.1).China's services sector continued to expand in December, but the pace of growth slowed to its weakest level in six months, reinforcing signs that the post-pandemic recovery remains uneven and fragile despite improving sentiment toward 2026.

China's RatingDog Services PMI declines to 52.0 in December  .China's RatingDog Services PMI declines to 52.0 in December  

China RatingDog Services PMI dipped from previous 52.1 to 52 in December.China RatingDog Services PMI dipped from previous 52.1 to 52 in December