On New Year's Day, only Asian indicators are due: South Korea external trade and South Korea PMI manufacturing; and Singapore GDP.

For Singapore GDP, the first estimate for the final quarter of 2024 is forecast to show growth slowed to a still solid 3.6 percent on year after surging an upwardly revised 5.4 percent in the third quarter on strong global demand for electronic and growing 3.0 percent in each of the previous two quarters.

Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.

Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.