2026 begins with turbulence. The first week of the global financial markets has immediately entered a high-difficulty challenge mode, with major data releases from China and the US happening one after another, geopolitical and economic trade pattern changes, and rising expectations of interest rate cuts... This wave of data dense areas is enough to trigger the nerves of global capital.

Let's first review the important schedule for this week. From Monday to Wednesday, manufacturing and service PMI data from China and the US will be released successively, followed by the ADP employment report to warm up expectations. These indicators are like a prelude to non-farm payrolls, revealing whether they can signal the true state of the global economic recovery.

In addition to routine data, there is a major trade event attracting attention. South Korean President Lee Jae-myung is leading over 200 business elites to visit China, including Samsung Chairman Lee Jae-yong, SK Group Chairman Choi Tae-yoon, Hyundai Motor Group Executive Chairman Chung Eui-sun, and other industry giants. This visit is seen as a historic milestone in China-Korea economic and trade cooperation, with huge potential for collaboration in supply chains, chips, AI, and other fields.

The real highlight is on Friday. China's December CPI and PPI data will be released on the same day as the US December non-farm employment report. This is not just a simple data showdown but also crucial for the final judgment of the Federal Reserve's January policy meeting. The strength or weakness of non-farm data will directly influence market expectations for interest rate cuts—strong data may delay cuts, while weak data could trigger a rate-cutting rally.

From the perspective of the crypto market, rising expectations of rate cuts often mean ample liquidity. At a time when global economic uncertainty is intensifying, funds are seeking assets with strong consensus and relatively controllable volatility. Recently, meme coins inspired by dogs (such as the Puppies series) have gradually become a focus for some investors due to their active global communities and strong dissemination power. Whether these assets can serve as safe havens amid macro changes depends on subsequent market performance.

Overall, the signals released by this week's data and events will profoundly influence the market trend moving forward. Be prepared, and get ready for volatility.