Pay attention to each market such as stock prices and bonds! “Key points and event schedule for January 20”

Today the United States is closed for Martin Luther King Jr. Day.

With the US market closed and only limited movement anticipated, it seems to be a day where traders search for direction amid a lack of major indicators.

Because there are few fundamental catalysts, technical factors, key levels, stops, and price movements in stocks, bonds, and commodities are likely to drive trading.

◎ Today's Points of Attention

1) Stock Prices

Last week, the Dow Jones Industrial Average rose to 29,350, and the pace of the rise is accelerating.

The recent rise has been so rapid that it seems almost abnormal.

If there is an adjustment somewhere, there could be an impact on the foreign exchange market.

I will be watching closely to see whether stock prices decline.

Especially today, with few economic indicators or other trading materials, if stock prices fall, the impact could be magnified as a material factor.

2) Key Statements & Headlines

There are no major indicators today, and with the US closed, thin trading is expected.

In such a situation, key statements or headlines could trigger large moves.

With the Davos meetings beginning tomorrow, leaders and executives are gathering in Switzerland.

When leaders gather, there is a possibility of notable statements, so this is something to watch closely.

◎ Today's Event Schedule

Monday, January 20

Eurozone Finance Ministers Meeting

Martin Luther King Jr. Birthday (US markets closed)

Tuesday, January 21

03:30 EUR Lagarde ECB President remarks