Next week's macro outlook: The market focuses on the Fed chair nominee, and GDP data tests the "results" of the Fed's interest rate cut.

BlockBeats news, on December 21, next week will usher in the Christmas market, US stocks will close early on Wednesday and be closed all day on Thursday. The market is focused on whether Trump will announce the Federal Reserve Chairman nominee during the Christmas period. Currently, Kevin Hasset, Director of the National Economic Council, has a significantly leading probability of becoming the next Federal Reserve Chairman at about 54%. Former Federal Reserve Board member Kevin Warsh has a nomination probability of about 21%, while Federal Reserve Board member Christopher Waller has a nomination probability of about 14%. Important macro events and data for next week are as follows: Tuesday: US Q3 actual GDP annualized quarterly rate preliminary; US Q3 actual personal consumption expenditure quarterly rate preliminary; US Q3 core PCE price index annualized quarterly rate preliminary; Wednesday: Bank of Canada releases monetary policy meeting minutes; US initial jobless claims for the week ending December 20; Thursday: Bank of Japan Governor Ueda Kazuo speaks at the Japan Business Federation; Japan's unemployment rate for November; Market closure reminder: Hong Kong Stock Exchange will have a half-day market on Wednesday, and the New York Stock Exchange will close early at 02:00 Beijing time on the 25th; US stocks will be closed on Christmas.