Next week, economic data releases and important events will be concentrated, and traders should pay close attention to several key time points.

**Monday (1.12)** The risk of a US government shutdown is increasing, and with the Japanese market closed, liquidity may fluctuate.

**Tuesday (1.13)** The busiest day — Federal Reserve officials will be speaking one after another, JPMorgan Chase's earnings report will be released, and the most critical data is the US December CPI, which directly impacts expectations for future monetary policy.

**Wednesday (1.14)** The Federal Reserve's Beige Book will be published, providing a panoramic view of the economic situation. Additionally, the US November PPI and retail sales data will be announced, all of which are important indicators of inflation and economic growth.

**Thursday (1.15)** The US December retail month-on-month data will continue to signal consumer activity. The annual reports of BlackRock and Goldman Sachs will also be released, and the financial performance and outlook of major institutions often indicate market sentiment.

This week essentially consolidates a month's worth of major data, and market volatility may be quite noticeable, requiring close monitoring.