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Investing.com — Retail sales data and bank earnings will be the highlight of a holiday shortened week as markets await more insights on the health of U.S. consumers. Global leaders gather in Davos, China is to release full year GDP figures and oil prices look set to remain volatile. Here’s what you need to know to start your week.

China’s gross domestic product expanded 5.2% for the entirety of last year, even as the economy probably lost some steam in the fourth quarter. Retail sales and industrial output are also seen growing in December from a year earlier against a low base of comparison — in late 2022, the country was dealing with a massive Covid-19 outbreak. The start of the year has brought mixed news.

First, our Elliott Wave Principle (EWP) updates on one of the most critical major indexes, the Nasdaq 100, will continue for 2024. Second, to those new to our work, we reviewed our forecasts since August in our last update of 2023, showing we anticipated most market moves correctly, albeit sometimes inevitably missing the finer nuance.

study showed that generalisations of predictions of artificial intelligence-based models across different study centres cannot be ensured at the moment and that these models were «highly context-dependent». Results of the study have been published in the journal Science. Pooling data from across trials too did not help matters, the team found.

The U.S. military has struck another Houthi-controlled site in Yemen that it had determined was putting commercial vessels in the Red Sea at risk

RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on Sunday. Varma further said he expects a benign outcome in 2024 where inflation comes down and growth remains robust. «The Indian economy has withstood all these shocks (Russia-Ukraine war, Israel-Hamas war, rising oil prices, Houthi attacks) in the last couple of years, and I do not believe that the geopolitical situation will be significantly worse in coming months than what we experienced in the recent past,» he told PTI in an interview.

Ardern steered New Zealand through natural disasters, the Covid-19 pandemic and the 2019 Christchurch mosque massacre. Ardern for the past six month has been undertaking three fellowships at Harvard University.

Gold, reeling under hotter than expected December US CPI inflation data released on Thursday, caught a bid Friday as the US and the UK launched airstrikes on Iran-backed Houthis' targets in Yemen to stop shipping attacks in the Red Sea. In a reaction, the Yemeni Group vowed to retaliate with an urgent response in the form of a move that intends to target all US and UK interests alongside those linked to Israel. The strike by the US and UK, which included more than 70 airstrikes on Yemen targets, risks spreading fallout from Israel-Hamas war, which, in the worst-case scenario, can drag in other regional powers more directly. It is to be noted that earlier in the week, Houthis launched their biggest shipping attacks and Iran seized an oil tanker off the Coast of Oman. The US government has not ruled out more strikes on the Houthis targets.

Canada, Immigration Minister Marc Miller on Saturday said that the government is contemplating the implementation of a cap on the number of international students residing in the country. Miller, however, did not specify the extent of the reduction being considered for the immigration system. Speaking on CTV, the minister emphasized the necessity for a dialogue between the federal and provincial governments. He expressed concern over the sheer volume of international students in Canada, describing the current system as «out of control.» Want to know if you qualify for immigration? Click here «The volume is disconcerting. It's really a system that has gotten out of control,» Miller remarked. The minister highlighted the need to address the demand for housing in the first and second quarters of this year by exploring the possibility of imposing a cap on international students. When questioned about the timing of this consideration, given that the idea was previously discussed months ago, Miller explained the need to analyze numbers at the federal level before delving into specifics at the provincial level. «We need to be doing our jobs and making sure that we have a system that actually makes sure people have a financial capability to come to Canada,» Miller said. He emphasized the importance of verifying offer letters and initiating a conversation about volumes and their impact on certain areas.

Indian Army is launching Operation Sarvashakti, where the security forces will be targeting the terrorists operating on both sides of the Pir Panjal mountain ranges in the Union Territory. In recent times, Pakistani proxy terrorist groups have tried to revive terrorism in the South of Pir Panjal ranges especially in the Rajouri Poonch sector, where around 20 troops have been killed in attacks by terrorists, with the latest being on December 21, when four soldiers were killed in the Dera ki Gali area there.

Russian missile attack in the early hours of Saturday, its air force said, adding that Moscow had fired some of its most fearsome hypersonic missiles. Air defences shot down Russian missiles in at least five regions across Ukraine, according to local officials from those provinces. However, no details were given on whether any targets were hit, and far less information about the attack than usual was provided by officials. Ukraine's air force warned during the attack that Russia had fired Kinzhal missiles — perhaps the hardest conventional Russian missile to shoot down, moving at several times the speed of sound. Police in the northern region of Chernihiv posted a picture of a large crater made by a downed missile. «As a result of being hit by the debris of an enemy missile, several private homes and non-residential buildings were damaged, one building was practically destroyed,» the police wrote, adding that a dog had been killed but no people were hurt.

football team faced a challenging start in the AFC Asian Cup campaign, succumbing to a 0-2 defeat against Australia in the opening match of Group B at Ahmad bin Ali Stadium, Al Rayyan on Saturday. Australia demonstrated dominance throughout the game, securing a comfortable victory with goals from Craig Irwine (50') and substitute Jordan Bos (73'). India's head coach Igor Stimac implemented three changes to his side following their 0-3 defeat to Qatar in the 2026 FIFA World Cup Qualifier in November. Gurpreet Singh Sandhu, Manvir Singh, and Deepak Tangri were handed starts, with Mohun Bagan Super Giant midfielder Tangri making his debut. Australia initiated the first chance of the game, with full-back Aziz Behich unleashing a powerful shot from outside the box that narrowly missed the target. Graham Arnold's side created another promising opportunity when Martin Boyle attempted a diving header from a cross, but it was easily collected by Sandhu. In the 16th minute, India registered their first attempt as Sunil Chhetri came close to giving India the lead.

Bihar Chief Minister Nitish Kumar on Saturday asserted that his government was looking forward to not just achieving but «exceeding» the target of creating 10 lakh government jobs in the state. Speaking at a function organised for the distribution of appointment letters to newly recruited teachers, Kumar said his government provided appointment letters to 96,823 newly recruited teachers at all district headquarters in the state during the day. «Here at Gandhi Maidan, a total of 26,935 newly recruited teachers are getting their appointment letters.

Barclays economists now expect the Personal Consumption Expenditures (PCE) inflation of 1.9%, on a seasonally adjusted annual rate, in the second half of 2023. Looking ahead, they foresee it reaching 2.4% year-on-year by the end of 2024.

Maritime Institute of Technology instructor Capt. James Staples, who has personally responded to pirates, breaks down the Houthi Red Sea attacks on 'The Claman Countdown.'

Shankaracharyas disagreed on the ceremony? It is false." He further clarified, Shri Ram Ji must be ‘prathishit’ in his own abode, it is necessary. But it is also necessary to follow all the shastra-vidhi (rituals of the shastras) that align with traditional practices while doing that.

PTI, the monks, who were on their way to the Gangasagar Mela, could be seen getting roughed up by a group of people in Kashipur. Elaborating more, Purulia Police, in a post on X, said the incident took place due to a misunderstanding. ALSO READ: Haveri hotel room moral policing: Three arrested in alleged gang rape, BJP targets Congress govt's ‘silence’ "Facts are being misrepresented from certain quarters about a recent incident in Purulia.

statement on January 11 that at his directions, “US military forces — together with the United Kingdom and with support from Australia, Bahrain, Canada, and the Netherlands — successfully conducted strikes against a number of targets in Yemen used by Houthi rebels to endanger freedom of navigation in one of the world’s most vital waterways." After the US launched strikes against Houthi forces, some US lawmakers accused President Joe Biden of violating the Article 1 of the US Constitution. Congresswoman Pramila Jayapal of the Democratic Party called the strikes an "unacceptable violation of the Constitution". Meanwhile, Rep.

Pakistan's attempts to increase terrorist activities in Jammu and Kashmir, the Indian Army is launching Operation Sarvashakti, where the security forces will be targeting the terrorists operating on both sides of the Pir Panjal mountain ranges in the Union Territory. In recent times, Pakistproxy terrorist groups have tried to revive terrorism in the South of Pir Panjal ranges especially in the Rajouri Poonch sector, where around 20 troops have been killed in attacks by terrorists, with the latest being on December 21, when four soldiers were killed in the Dera ki Gali area there. «Operation Sarvashakti would be to carry out combined counter-terrorist operations from both sides of the Pir Panjal ranges where the formations of the Srinagar-based Chinar Corps along with the Nagrota-headquartered White Knight Corps would be carrying out simultaneous operations,» sources in the security forces told ANI. «The Jammu and Kashmir Police, CRPF, Special Operations Group, and the intelligence agencies would be working in close coordination to thwart Pakistani designs to revive terrorist activities in the UT, especially in the Rajouri Poonch sector,» they added.

Gaza Strip on Saturday as its deadly war on the enclave's Hamas rulers approached 100 days with no end in sight. In the southern city of Rafah, an Israeli airstrike on a house sheltering two displaced families killed 10 people, the Gaza health ministry said. Holding up a photo of a dead girl with a piece of bread in her hand, Bassem Arafeh, a relative, said the families in Rafah had been eating dinner when the house was struck on Friday night. «This child died while she was hungry, while she was eating a piece of bread with nothing on it, where is the International Criminal Court to see how the children die?» Arafeh said. «Where are the Muslims… and the world leaders?» Israel says it targets militants and does all it can to minimize harm to non-combatants as it wages urban warfare against Hamas in the densely populated Palestinian enclave. But the scale of the killing in Gaza and the dire humanitarian situation has shocked world opinion and fuelled growing calls for a ceasefire. The Israeli military on Saturday said its forces had killed numerous militants in the southern area of Khan Younis and in the central Gaza Strip.

HANOI — Vietnam is set to achieve a 6% growth in its gross domestic product (GDP) for the year 2024, a target that aligns with the projections made by HSBC and the expectations of the National Assembly. The Southeast Asian nation is experiencing an economic upswing, buoyed by substantial foreign direct investment (FDI) inflows, which saw $36.6 billion registered and $23.2 billion implemented in the preceding year.