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According to investors, Japan will face a lack of liquidity in its debt market next year. Neither reductions in large-scale bond purchases nor even adjustments to yield-curve control will be able to prevent this problem.

On Sunday, U.S. Treasury Secretary Janet Yellen predicted a significant decline in U.S. inflation in 2023, assuming the absence of unexpected factors.

The November inflation data, which will be under close attention on Tuesday, will show a potential to increase in interest rates in 2023.

As compared to the previous year, wholesale prices in Japan increased by 9.3%, according to November data. The pace of price growth didn’t show any significant changes from October.

Economists at Commerzbank report that US inflation data and/or the Fed and ECB data could support the gold market this week.

HSBC economists believe that the U.S. dollar is likely to rise against the yen. This is due to the Fed’s hawkish stance.

According to data provided by the University of Michigan, consumers are getting more confident in the U.S. economic conditions. The information obtained in the latest consumer survey showed that citizens are now more optimistic about the economy.

According to economists at HSBC, the US dollar will rise amid the holiday season. However, they warn investors that the dollar could lose ground next year.

As the Bureau of Labor Statistics informs, in November, the PPI grew by 7.4% compared with the previous year. This is less than the October increase of 8.1%.

After Russia announced a decrease in production following a price cap on oil exports from the West, and the main pipeline that delivers to the U.S. was closed, oil prices rose on Monday.