Danske Bank: Global market liquidity expected to recover next week
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According to Golden Ten Data on January 2, Jens Naervig Pedersen, a foreign exchange and interest rate strategist at Danske Bank, stated in a report that global market liquidity is expected to remain light this week but may rebound next week. The strategist pointed out: "Looking ahead, as more economic data is released, market liquidity should improve next week." Key data next week includes important U.S. labor market figures, such as the December non-farm payrolls report to be released on January 9 and the ISM survey. During the year-end period, many market participants take vacations or close positions, which usually results in lower market liquidity.
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