The United States will publish the Initial Jobless Claims on Thursday, December 30, at 15:30 GMT+2 (MetaTrader time).
USD/BRL: the Brazilian currency just lost 7% of value to the USD
If you just make a free search for Brazil news, here is what comes first.
If you go a bit more into detail, you discover that more than 80% of the ICU bed in all major Brazilian cities are occupied, and patients keep coming. More than 11mln cases and 250,000 mortalities have been recorded in the country since the pandemic began. The current administration under President Jair Bolsonaro appears to be trying to downplay the humanitarian threat which, in combination with a lack of a sound anti-virus strategy, makes even the city governors openly stand against him. A dim outlook is definitely pressing on the Brazilian real.
In the meantime, Ex-President Lulu da Silva's corruption convictions have recently been annulled. That's worrying not because of "discarded justice" but because this event makes Lulu da Silva able to run for re-election - that may possibly drive Brazil into a further political divide. Which is no good for the Brazilian real. Hence, the depreciation.
If it goes like this, USD/BRL may well reach 6.00 over the weekend - watch this level as it may send the currency into a downward correction, though. The main thing is that these turbulences make USD/BRL highly volatile - and, hence, potentially profitable.
The United States will publish the ISM Non-Manufacturing PMI on Thursday, January 6, at 17:00 GMT+2 (MetaTrader time).
The Federal Reserve (FOMC), US central bank, will publish its December meeting minutes on Wednesday, January 5, at 21:00 GMT+2 (MetaTrader time).
Germany will release the flash Purchasing Managers' Index (PMI) for manufacturing and services industries at 10:30 GMT+2 on January 24.
Leibniz Centre for European Economic Research (ZEW) will release an economic sentiment index for Germany on January 18, 12:00 GMT+2
Great Britain's office for national statistics will release CPI data on January 19, 09:00 GMT+2.