Publication date: December 19, 2025
image_here
The week ahead: Merry Christmas wished
In Money Care's weekend report, we present you with the overview of the (macroeconomic) events that may cause movement in the stock markets.
Review of last week:
Last week saw some excitement in the financial markets with the release of the monthly labor figures (NFP) and the release of the Consumer Price Index (CPI) in the US. The two pillars for the Fed on which interest rate policy is conducted.
The labor market continues to develop moderately. The AEX then dropped to its lowest level of the week at 930. On Thursday, the market rebounded because of lower-than-expected November inflation in the US. The CPI dropped to 2.7% on an annualized basis from 3.0%. It was expected to increase to 3.1%.
A lackluster labor market development and falling inflation is the recipe for the Fed to move for another rate cut. The AEX bounced up to the 940 level.
For the next month, the development of these two pillars is of great importance for the direction of the equity markets. If the U.S. labor market does not pick up quickly and inflation continues to fall toward the desired 2% level, then interest rates will be cut further in the short term. At that point, equity markets and crypto markets will start to benefit.
The December NFP will be released Jan. 9, 2026, and the December U.S. CPI will be released on Jan. 13, 2026.
In the EU, the ECB kept interest rates unchanged. The deposit rate remains at 2.0%. EU inflation unexpectedly dropped slightly; from 2.2% to 2.1% annualized.
Upcoming week:
In the coming week we can start getting ready for Christmas. As every year during this period, many parties close the books for this year. As a result, liquidity decreases and volatility increases. Keep an eye out for surprising results caused by large orders in an empty market.
Moreover, there will be no important macroeconomic figures. Some attention will be paid to US third quarter economic growth (GDP). This will be announced at 2:30 p.m. on Tuesday. For the second quarter, US Gross Domestic Product was 3.8%.
In addition, stock markets close earlier on Wednesday, Dec. 24, for Christmas. In the US, stock markets do open on Boxing Day.
No major macroeconomic figures are expectedbetween Christmas and the New Year. As a result,the next weekend report will appearagainSunday, January4, 2026.
We wish you very happy holidays.
The stock market calendar week 52
Herewith the most important macro-economic data for the coming week. The data may cause additional movement in the financial markets.
Monday, December 22, 2025:
Tuesday, December 23, 2025:
United States:
Wednesday, December 24, 2025:
Thursday, December 25, 2025:
Friday, December 26, 2025 :
No major macro-economic data
US stock markets open regular hours
EU stock markets closed
Please note that dates and times of these events may change. For the most up-to-date information, it is advisable to consult the official communication channels of the relevant organizations and governments.
Disclaimer: Investinginvolves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. They are therefore for educational purposes only.