Geopolitical Turmoil and Economic Data to Drive Markets in First Full Week of 2026
The U.S. military strike on Venezuela and the extraction of President Nicolás Maduro have injected fresh geopolitical uncertainty into global markets. Oil prices are likely to see heightened volatility as investors assess the implications of U.S. involvement in the oil-rich nation. President Trump's announcement that American oil companies will rebuild Venezuela's infrastructure adds another LAYER of complexity to the situation.
Meanwhile, market participants are bracing for a deluge of economic data delayed by the government shutdown, including housing starts, factory orders, and the U.S. trade deficit. The jobs report will be closely scrutinized for its potential impact on interest rate expectations.
Corporate earnings will also be in focus, with Applied Digital's results offering insights into the AI sector. Grocery and food company reports will serve as a barometer for consumer spending trends.
