PANews January 18 news, in the last trading week before Trump's return to the White House, the positive inflation data and the dovish remarks of Fed Governor Waller have led to a rebound in market expectations for rate cuts. The currency market currently prices in about 40 basis points of Fed rate cuts by 2025. With the Fed entering a quiet period, next week's US economic data will be relatively light, and the market will focus on the start of President Trump's term and its potential market impact. The key points the market will focus on in the coming week are as follows:

Monday, the World Economic Forum Annual Meeting in Davos will be held until January 24;

Wednesday 23:00, US December Conference Board Leading Indicator monthly rate;

Wednesday 23:05, Friday 18:00, ECB President Lagarde will deliver speeches;

Thursday 21:30, US initial jobless claims for the week ending January 18;

Friday TBD, the Bank of Japan will release its interest rate decision and economic outlook report, and Bank of Japan Governor Kuroda will hold a monetary policy press conference at 12:30;

Friday 22:45, US January S&P Global Manufacturing and Services PMI preliminary readings.

Given the expectation that Trump will announce crypto-friendly policies, Bitcoin may fly even higher. Insiders reveal that Trump plans to issue an executive order that will elevate cryptocurrencies to a "policy priority" and give industry insiders a voice in his government, marking a major shift in US cryptocurrency policy. The executive order is also said to include a suspension of any litigation involving cryptocurrencies and consideration of establishing a national Bitcoin reserve.