How Venezuela Could Impact Markets
What’s in Today’s Report:
- How Venezuela Could Impact Markets
- Weekly Market Preview: Does Economic Data Start 2026 Goldilocks?
- Weekly Economic Cheat Sheet: The Big-Three Monthly Economic Reports This Week
Futures are modestly higher despite more geopolitical volatility as the U.S. shocked the world and infiltrated Venezuela and arrested President Maduro.
Market reaction to Maduro’s arrest has been generally muted, however, including in the oil markets where oil is only slightly higher, as political change in Venezuela likely will mean more oil production, not less.
There were no notable economic reports overnight.
Today focus will be on geo-politics (any continued fallout from the Maduro arrest) and economic data, as we get our first important economic report of 2026, the ISM Manufacturing PMI (E: 48.4). Stability remains the key for economic data as we start the new year, so an in-line or slightly better number will be welcomed by markets.
