Markets Watch Potential Fed Chair Nominee Announcement; U.S. GDP and PCE Data Due Next Week

Markets are monitoring whether Donald Trump will announce a Federal Reserve chair nominee over Christmas, with Kevin Hassett at 54%, Kevin Warsh at 21%, and Christopher Waller at 14%, BlockBeats reports. On Tuesday, the U.S. will release Q3 real GDP annualized quarter-on-quarter initial, Q3 real personal consumption expenditure quarterly initial, and Q3 core PCE price index annualized quarterly initial. Wednesday brings Bank of Canada monetary policy minutes and U.S. initial jobless claims to Dec. 20; Thursday features a speech by BOJ Governor Kazuo Ueda and Japan November unemployment rate, with HKEX operating half-day Wednesday, NYSE closing early at 02:00 Beijing Time on Dec. 25, and U.S. stocks closed Thursday for Christmas.