As the Christmas trading week approaches, markets are focused on potential developments regarding the nomination of a new Federal Reserve Chair by Trump. Kevin Hassett leads the candidates with a 54% probability, followed by Kevin Warsh at 21% and Christopher Waller at 14%. U.S. stocks will close early on Wednesday and remain closed on Thursday. Key economic events include the release of U.S. Q3 GDP, PCE, and core PCE data on Tuesday, which are expected to influence market sentiment. Additionally, the Bank of Canada will release its policy minutes on Wednesday, and Japan's Kuroda is scheduled to speak on Thursday. Regulatory considerations, such as Countering the Financing of Terrorism, continue to impact market operations, with exchanges adjusting their schedules, including a half-day trading session in Hong Kong and an early NYSE closure on Christmas Day.