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DTSTART;TZID=America/New_York:20261220T200000
DTEND;TZID=America/New_York:20261220T210000
DTSTAMP:20260902T112944Z
CREATED:20260902T112943Z
LAST-MODIFIED:20260902T112944Z
UID:2495-1797796800-1797800400@www.financecalendar.com
SUMMARY:PBoC Loan Prime Rate December 2026
DESCRIPTION:Next PBoC Loan Prime Rate: Monday\, December 21\, 2026 at 9:00 am CST (8:00 pm ET\, 1:00 am London). \n\nConsensus\nNot yet published\nPrior\nHeld at 3.0% (1-year) / 3.5% (5-year)\, unchanged since May 20\, 2025\nActual\nPending\n\nFull schedule and background: PBoC Loan Prime Rate. \nUpdated September 2\, 2026 \n\n← Previous PBoC Loan Prime Rate\nThe People’s Bank of China (PBoC) announces its Loan Prime Rate (LPR) decision for December 2026 on Monday\, December 21\, 2026\, at 9:00 am China Standard Time (CST)\, which is 8:00 pm ET the previous day and 1:00 am London time. The rate is published by the National Interbank Funding Center (NIFC) under authorisation from the PBoC. It has held at 3.0% for the one-year LPR and 3.5% for the five-year LPR for most of 2026. Full schedule and background: PBoC Loan Prime Rate. \nWhat is the PBoC and what does it decide?\nThe People’s Bank of China is the country’s central bank. It oversees monetary policy\, financial regulation and currency issuance for the world’s second-largest economy. Unlike the US Federal Reserve or the Bank of England\, the PBoC does not hold scheduled policy meetings with a rate-setting committee that votes in public. Instead\, it steers borrowing costs through a mix of tools\, including the Medium-term Lending Facility (MLF)\, reverse repo operations and guidance to the 18 commercial banks that submit LPR quotations each month. \nThe Loan Prime Rate is calculated as a weighted average of lending rates quoted by these banks\, based on what they bid for PBoC liquidity in open market operations. There are two tenors: the one-year LPR\, which benchmarks most corporate and household loans\, and the over-five-year LPR\, which serves as the reference for mortgage pricing across China. \nThe rate is published monthly\, on the 20th of each month (or the next business day if the 20th falls on a weekend or holiday). This makes the LPR one of the most closely watched monthly data points for anyone tracking China’s property market\, credit conditions or the yuan. \nWhen is the December PBoC decision announced?\nThe December 2026 LPR fixing is due on Monday\, December 21\, 2026\, at 9:00 am CST (8:00 pm ET the prior day\, 1:00 am in London). The PBoC does not hold a press conference alongside the LPR announcement and does not publish minutes or a dot plot in the way the Fed or Bank of England do. The figure is released as a short statement on the PBoC’s official website\, giving the one-year and five-year rates with immediate effect until the next fixing. \nWhat to expect\nChina has held both the one-year and five-year LPR unchanged since the last cut on May 20\, 2025\, when the one-year rate was lowered to 3.0% and the five-year rate to 3.5%. Economists surveyed by Reuters have generally expected the PBoC to hold rates steady through most of 2026\, according to reporting from CNBC\, as policymakers weigh resilient growth data against a weak property sector and mounting external risks. Some analysts have flagged the possibility of a surprise cut given soft industrial output\, retail sales and record contractions in new bank lending\, according to InvestingLive\, though this remains a minority view rather than a base case. \n\n\n\nMeeting\nDecision\nRate after meeting (1-year / 5-year)\n\n\n\n\nMay 2025\nCut 10bp\n3.0% / 3.5%\n\n\nAugust 2025\nHold\n3.0% / 3.5%\n\n\nSeptember 2025\nHold\n3.0% / 3.5%\n\n\nOctober 2025\nHold\n3.0% / 3.5%\n\n\nDecember 2025\nHold\n3.0% / 3.5%\n\n\nApril 2026\nHold\n3.0% / 3.5%\n\n\nAugust 2026\nHold\n3.0% / 3.5%\n\n\n\nMarket impact scenarios\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nHold\nWidely expected given a string of holds through 2026\, according to Trading Economics data\nNo change to mortgage or business loan benchmarks in China; markets treat this as the status quo continuing\n\n\nCut\nWould be read as a fresh easing signal amid weak property and lending data\nCheaper mortgages and business loans in China\, likely weaker yuan\, and a possible lift for Chinese equities and regional risk sentiment\n\n\nGuidance shift\nAny accompanying commentary on the property sector or credit growth is watched closely by analysts\nSignals whether Beijing plans further stimulus in early 2027\, which matters for anyone exposed to Chinese growth through trade\, commodities or emerging market funds\n\n\n\nWhat will the statement and press conference signal?\nBecause there is no press conference\, markets rely on the bare numbers plus any surrounding PBoC commentary from its quarterly Monetary Policy Report or public remarks by officials. Analysts watch for whether the central bank references property prices\, new yuan loan growth or export demand tied to AI-related manufacturing\, all factors that have shaped recent decisions. A move in either tenor without the other (for example\, a five-year cut alone) would be read as a targeted attempt to support mortgages and the housing market without loosening broader credit conditions. \nWhat It Means for Your Money\nFor homeowners and buyers in China\, the five-year LPR directly feeds into mortgage pricing\, so a hold means no immediate change to monthly repayments\, while a cut would lower borrowing costs for new and some existing mortgages. For businesses borrowing in yuan\, the one-year LPR affects the cost of working capital loans. \nOutside China\, the decision matters mainly through currency and trade channels. A steady or lower LPR alongside weak Chinese demand can weigh on the yuan\, which in turn affects the pound\, euro and dollar through China’s role in global trade and commodity demand. Investors in UK and eurozone funds with exposure to Chinese equities\, luxury goods\, mining or automotive stocks often see share prices move on LPR day. Pension funds and multi-asset portfolios with emerging market allocations can feel a similar effect. There is no direct link to UK or eurozone savings rates or mortgage pricing\, but persistent weakness in Chinese growth can filter through to global bond yields and\, over time\, borrowing costs elsewhere. \nRelated events\n\nPrevious decision: PBoC Loan Prime Rate\, November 2026\nFull PBoC LPR schedule and history: PBoC Loan Prime Rate\nChina’s official LPR announcements are published on the People’s Bank of China website\n\nFrequently Asked Questions\nWhat time is the December 2026 PBoC LPR announced?\nThe rate is published at 9:00 am China Standard Time on December 21\, 2026\, which is 8:00 pm ET the previous day and 1:00 am in London. \nWhat is the current PBoC Loan Prime Rate?\nAs of the most recent fixings in 2026\, the one-year LPR stood at 3.0% and the over-five-year LPR at 3.5%\, unchanged since May 2025. \nWill the PBoC cut rates in December 2026?\nA consensus forecast for this specific fixing has not yet been published. Economists surveyed by Reuters ahead of prior 2026 meetings generally expected holds\, though some analysts have flagged the possibility of a surprise cut given weak lending and property data. \nWhen is the next PBoC LPR decision?\nThe PBoC publishes the LPR on the 20th of each month\, or the next business day if that date falls on a weekend or holiday\, so the next fixing follows in January 2027. \nWhere can I watch the official announcement?\nThe PBoC publishes the LPR directly on its official website rather than through a televised press conference. \n← Previous PBoC Loan Prime Rate
URL:https://www.financecalendar.com/event/pboc-loan-prime-rate-december-2026/
CATEGORIES:Central Banks & Monetary Policy
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261223T083000
DTEND;TZID=America/New_York:20261223T093000
DTSTAMP:20260825T104633Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104633Z
UID:1312-1798014600-1798018200@www.financecalendar.com
SUMMARY:US Gross Domestic Product December 2026
DESCRIPTION:Next US Gross Domestic Product: Wednesday\, December 23\, 2026 at 8:30 am ET (1:30 pm London). Covers Q3 2026 data. \n\nConsensus\nNot yet available\nActual\nPending\n\nFull schedule and background: US Gross Domestic Product. \nUpdated August 25\, 2026 \n\n← Previous US Gross Domestic Product\nThe Bureau of Economic Analysis (BEA) will release the US Gross Domestic Product (GDP) Q3 2026 Third Estimate on Wednesday\, December 23\, 2026\, at 8:30 a.m. Eastern Time. The third estimate is the final and most comprehensive revision to Q3 2026 growth\, incorporating the most complete data available. December 23 is two days before Christmas\, making it one of the last major US economic releases of 2026 and a day on which trading liquidity is typically reduced. The report is released alongside the November 2026 Personal Income and Outlays (PCE) report\, providing a final year-end summary of US growth and inflation conditions. \n\n\n\nAt a Glance\n\n\n\n\nRelease Date\nWednesday\, December 23\, 2026\, 8:30 a.m. ET\n\n\nGDP Estimate\nQ3 2026 Third Estimate (final)\n\n\nPublished By\nBureau of Economic Analysis (BEA)\n\n\nPrior GDP (Q1 2026)\n+1.6% annualised (second estimate)\n\n\nSame Day Release\nPCE November 2026\n\n\nContext\nTwo days before Christmas; final GDP estimate of 2026\n\n\n\nWhat is the GDP Third Estimate?\nThe Bureau of Economic Analysis publishes US Gross Domestic Product in three sequential estimates for each quarter. The advance estimate\, released approximately four weeks after quarter-end\, is based on preliminary data and is subject to revision. The second estimate\, released eight weeks after quarter-end\, incorporates additional data and usually produces modest revisions. The third estimate\, released approximately 12 weeks after quarter-end\, incorporates the most comprehensive source data available and represents the BEA’s final assessment of the quarter’s economic performance before annual benchmark revisions. \nThird estimates rarely produce large revisions relative to the second estimate\, but they include important supplementary detail: a full breakdown of GDP by industry\, revised corporate profits data\, and state-level GDP figures. Corporate profits data\, in particular\, can move equity markets since it provides a top-down view of profitability that companies themselves will not have fully reported through quarterly earnings. \nThe December 23 release also contains full-year 2026 data context and Q3 2026 current account and sector-level accounts\, making it one of the most data-rich GDP publications of the year. For economists building forecasts for 2027\, the December 23 release is a key input for calibrating models of US economic growth and inflation. \nUS GDP Q3 2026 Third Estimate: December 23\, 2026\nThe December 23 third estimate finalises Q3 2026 GDP after two earlier estimates in October and November. The advance estimate (October 29) and second estimate (released by the GDP November 2026 report) will have established the Q3 growth baseline. The December 23 third estimate will confirm or modestly revise that figure. Markets will also receive November 2026 PCE data on the same day\, combining the final Q3 GDP verdict with the latest inflation reading. \nThe December 23 release arrives after the FOMC Rate Decision on December 9\, meaning the final Q3 GDP figure and November PCE will not affect December’s rate outcome but will inform market expectations for January 2027 and the Fed’s first meeting of the new year. If the third estimate reveals a more significant Q3 2026 slowdown than previously estimated alongside still-elevated PCE inflation\, it could set up an awkward policy dynamic for early 2027. \nHoliday-period trading conditions apply on December 23. With Christmas two days away\, institutional trading desks are typically at reduced capacity and market liquidity is lower than normal. This creates conditions where data surprises\, even modest ones\, can produce proportionally larger price moves than the same data would generate in normal market conditions. \nWhy This GDP Release Matters\nThe December 23 third estimate will provide the definitive Q3 2026 GDP figure and serve as one of the final building blocks for year-end economic assessments. With full-year 2026 performance now largely visible\, economists\, strategists\, and central banks will use December 23 data to produce their 2027 outlooks. Any material revision to Q3 GDP\, particularly in the corporate profits component\, can shift equity market valuations and refine GDP growth trajectories for 2027. \nThe corporate profits data included in the third estimate provides a comprehensive view of US business earnings performance in Q3. This figure aggregates domestic and foreign profits\, and any significant change from earlier estimates can move sentiment in the equity market even outside the normal earnings season calendar. A sharp downward revision to Q3 corporate profits would be a bearish signal for equity valuations heading into 2027. \nFor global investors\, the December 23 combination of final Q3 GDP and November PCE provides the last significant US data point before year-end portfolio positions are set. International capital allocation decisions for 2027\, particularly regarding the relative attractiveness of US versus non-US assets\, are often finalised in the last week of December. The December 23 data will be a key input to those decisions. \nWhat to Watch For\n\nQ3 GDP third estimate above +2.0% – Would close 2026 on a relatively positive economic note\, reducing recession fears and supporting equity valuations heading into 2027. Reduces urgency for early rate cuts.\nQ3 GDP third estimate confirmed in +1.0% to +2.0% range – Consistent with the trend from Q1 2026\, suggesting modest but positive growth. The corporate profits decomposition will receive attention as a secondary indicator of Q4 and 2027 trajectories.\nQ3 GDP third estimate below +1.0% – A downward revision to near-stagnant territory would raise the probability of an early 2027 rate cut and could dampen risk sentiment heading into the new year.\n\nThe corporate profits sub-component deserves separate attention. If corporate profits in Q3 2026 contracted year-on-year\, it would be a significant negative signal for equity earnings estimates in 2027\, even if headline GDP growth remained modest. \nHistorical Context\n\n\n\nQuarter\nReal GDP Growth (Annualised)\nNotes\n\n\n\n\nQ1 2026\n+1.6%\nSecond estimate; partial recovery from Q4 slowdown\n\n\nQ4 2025\n+0.5%\nFederal government shutdown subtracted ~1.0pp\n\n\nQ3 2025\n+4.4%\nStrong consumer and business investment\n\n\nQ2 2025\n+3.8%\nRobust domestic demand and services spending\n\n\nFull Year 2025\n+2.1%\nAnnual rate; Q4 shutdown weighed on average\n\n\n\nMarket Positioning\nDecember 23 is one of the lightest trading days of the calendar year. Institutional desks are mostly closed\, and automated trading systems may not fully reflect the typical market reaction to data surprises. Bid-ask spreads in equities\, bonds\, and currencies often widen in the days before Christmas\, which can amplify the price impact of any release. Market participants who remain active in the December 23 morning session should be prepared for elevated volatility relative to the magnitude of any data surprise. \nThe combination of final Q3 GDP and November PCE on December 23 will be the last major input for Q4 2026 GDP tracking estimates\, which economists will finalise in the final week of the year. These Q4 estimates\, combined with the December 23 data\, will form the basis of early 2027 consensus growth forecasts that drive investment strategy and portfolio construction for the new year. \nRelated Events\n\nUS Personal Income and Outlays (PCE) December 2026 – Released simultaneously on December 23\, providing the November 2026 inflation data alongside the final Q3 GDP figure.\nUS Gross Domestic Product November 2026 – The Q3 second estimate (November 25) is the preceding revision that the December 23 third estimate will update.\nFOMC Rate Decision December 2026 – The December 9 rate decision will have already set the year-end policy stance; the December 23 GDP and PCE data will shape January 2027 FOMC expectations.\n\nFrequently Asked Questions\nWhat additional data does the GDP third estimate include?\nThe third estimate incorporates a full industry-by-industry GDP breakdown\, revised corporate profits data (including domestic and foreign profits)\, state GDP and personal income estimates\, and current account data. It is the most data-rich of the three quarterly GDP publications and provides the final authoritative figure before annual benchmark revisions update the entire historical series. \nWhen is the December 2026 GDP report released?\nThe BEA will publish the Q3 2026 GDP third estimate at 8:30 a.m. Eastern Time on Wednesday\, December 23\, 2026\, alongside the November 2026 Personal Income and Outlays (PCE) report. \nWhy do markets sometimes react to third GDP estimates even though revisions are usually minor?\nThird estimates include corporate profits data not available in earlier estimates\, which can move equity markets independently of the headline growth figure. Additionally\, if the third estimate makes a larger-than-expected revision to the headline growth rate\, it can shift economists’ full-year GDP assessments and ripple into forward guidance from the Federal Reserve and major investment banks.
URL:https://www.financecalendar.com/event/us-gross-domestic-product-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261223T083000
DTEND;TZID=America/New_York:20261223T093000
DTSTAMP:20260825T104609Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104609Z
UID:1306-1798014600-1798018200@www.financecalendar.com
SUMMARY:US Personal Income and Outlays (PCE) December 2026
DESCRIPTION:Next US Retail Sales: Wednesday\, December 23\, 2026 at 8:30 am ET (1:30 pm London). Covers November 2026 data. \n\nConsensus\nNot yet available\nActual\nPending\n\nFull schedule and background: US Retail Sales. \nUpdated August 25\, 2026 \n\n← Previous US Retail Sales\nThe Bureau of Economic Analysis (BEA) will release the November 2026 Personal Income and Outlays report on Wednesday\, December 23\, 2026\, at 8:30 a.m. Eastern Time. The report includes the Personal Consumption Expenditures (PCE) price index\, the Federal Reserve’s preferred measure of inflation\, alongside personal income and consumer spending data. The December 23 release falls two days before Christmas\, making it one of the final major US economic data points of 2026. As of April 2026\, core PCE stood at 3.3% year-on-year\, well above the Fed’s 2% target. Consensus forecasts for the December 23 release will be published in the week before the report. \n\n\n\nAt a Glance\n\n\n\n\nRelease Date\nWednesday\, December 23\, 2026\, 8:30 a.m. ET\n\n\nData Covered\nNovember 2026 personal income and spending\n\n\nPublished By\nBureau of Economic Analysis (BEA)\n\n\nPrior Core PCE (YoY)\n3.3% (April 2026\, most recent available)\n\n\nFed Target\n2.0% (headline PCE)\n\n\nSame Day Release\nGDP Q3 Third Estimate (December 23)\n\n\n\nWhat is the PCE Price Index?\nThe Personal Consumption Expenditures (PCE) price index is the Federal Reserve’s official inflation target measure. The Bureau of Economic Analysis publishes PCE monthly as part of the Personal Income and Outlays report\, tracking changes in prices paid for goods and services by US households and on their behalf. Unlike the Consumer Price Index (CPI)\, PCE covers a broader range of expenditures and adjusts for shifts in consumer spending patterns over time\, making it a more comprehensive and flexible gauge of inflation. \nCore PCE\, which excludes food and energy\, is the variant the Fed monitors most closely when calibrating monetary policy. The Fed’s stated target is 2% for the headline PCE measure over the longer run. As of April 2026\, core PCE was running at 3.3% year-on-year\, a reading that has risen from 2.7% in October 2025 and represents a significant departure from the Fed’s goal. The trajectory of core PCE over 2026 will be the primary factor in determining when the Federal Reserve begins to ease policy. \nThe December 23 release covers November 2026 data and arrives alongside the BEA’s GDP Q3 third estimate\, providing a comprehensive end-of-year snapshot of US economic performance. Liquidity in financial markets is typically lower in the last week of December as institutional investors reduce exposures before year-end\, which can amplify price moves in response to data surprises. \nUS Personal Income and Outlays (PCE) Release: December 23\, 2026\nThe December 23 release is the penultimate major economic data event of 2026\, preceding only the New Year’s period. Consensus forecasts will not be available until the week before the release; they will reflect the November CPI print published on December 10 as the most recent comparable inflation reading. The US CPI Report December 2026 (December 10) will be widely used by forecasters to calibrate their PCE expectations. \nThe FOMC Rate Decision December 9\, 2026 will already have been announced by the time PCE is released on December 23. This means the December PCE data will not directly affect December’s rate outcome but will carry significant weight for the FOMC’s January 2027 meeting and the Fed’s year-end policy assessment. If the December PCE print shows meaningful progress toward the 2% target\, it could set a positive tone heading into 2027 and increase the odds of rate cuts in the first quarter. \nThe December release is also notable for its holiday-period timing. Thin trading conditions in the final days before Christmas can mean that data surprises produce larger-than-usual market moves. Traders who remain active during this period should expect elevated intraday volatility relative to a typical December session. \nWhy This PCE Release Matters\nThe December 23 PCE report will be the final inflation reading of 2026\, providing the definitive year-end score on how far the Fed has progressed toward its 2% target. If core PCE is still running at 3% or above\, it will confirm that the Fed ended 2026 well above its March projection of 2.7% year-end PCE. Such an outcome would likely push the Fed’s 2% target horizon further into 2027 or 2028\, reinforcing the case for a prolonged period of restrictive policy. \nThe personal spending component of the December report will also be significant. November spending data captures the core of the US holiday shopping season\, a period when consumer outlays typically see seasonally elevated volumes. Strong nominal spending in November\, even if partially offset by higher prices\, is a signal that the US consumer remains resilient. Weak spending would suggest that elevated prices and tight credit conditions are beginning to crimp demand. \nMarket participants will also use the December PCE print to finalise their assessments of full-year 2026 inflation\, income growth\, and real spending trends. These year-end readings inform annual economic reviews\, investment strategy forecasts for 2027\, and the Federal Reserve’s own retrospective assessment of whether its tightening cycle achieved its objectives. \nWhat to Watch For\n\nCore PCE above 3.0% YoY – Would confirm the Fed ended 2026 significantly above its own projections and reinforce expectations for a prolonged restrictive stance into 2027. Likely to weigh on bonds and risk assets in thin year-end markets.\nCore PCE between 2.5% and 3.0% YoY – Progress toward target\, though still above the Fed’s 2% goal. Likely to be received positively by markets as evidence that the tightening cycle is gaining traction. Supports the case for rate cuts in early 2027.\nCore PCE below 2.5% YoY – A significant downside surprise that would substantially shift the rate-cut narrative and could produce a sharp rally in Treasuries and equities\, even in thin holiday-period markets.\n\nThe November personal spending figure will be especially watched as a proxy for holiday retail activity. Economists compare November PCE spending with retail sales data (released earlier in December) to calibrate their estimates of Q4 2026 GDP growth. A divergence between retail sales and PCE spending can signal timing differences in how consumers paid for holiday purchases. \nHistorical Context\n\n\n\nRelease Month\nData Month\nCore PCE (YoY)\nCore PCE (MoM)\n\n\n\n\nMay 2026\nApril 2026\n3.3%\n+0.24%\n\n\nApril 2026\nMarch 2026\n3.2%\n+0.30%\n\n\nMarch 2026\nFebruary 2026\n3.0%\nn/a\n\n\nJan 2026\nDecember 2025\n3.0%\n+0.40%\n\n\nJan 2026\nNovember 2025\n2.8%\nn/a\n\n\nJan 2026\nOctober 2025\n2.7%\nn/a\n\n\n\nMarket Positioning\nThe December 23 release lands in a period of traditionally low market liquidity. Many institutional investors are in their year-end wind-down\, and trading desks are often lightly staffed. This means that even a modest data surprise can have an outsized impact on bond and equity prices. Options activity ahead of the December 23 report is typically light\, but any significant deviation from consensus could trigger automated stop-loss orders that amplify the initial move. \nMarket participants will also be watching the November personal income data for signs of real wage growth. Incomes rising faster than inflation would indicate that workers are keeping pace with price increases\, supporting consumer resilience into 2027. Incomes lagging behind PCE inflation would signal that real purchasing power continues to erode\, a pressure point that could eventually weigh on consumer spending and GDP growth. \nRelated Events\n\nFOMC Rate Decision December 2026 – The December 9 rate decision precedes the PCE release by two weeks; the December PCE data will shape January 2027 FOMC expectations.\nUS CPI Report December 2026 – Released on December 10\, two weeks before PCE; provides the nearest comparable inflation reading for calibrating PCE forecasts.\nUS Employment Situation December 2026 – Released December 4\, providing the November jobs data that completes the picture of labour market and consumer conditions.\n\nFrequently Asked Questions\nWhat does the December 23 PCE report cover?\nThe December 23\, 2026 release covers November 2026 personal income\, consumer spending\, and the PCE price index. It is the Bureau of Economic Analysis’s final PCE report of 2026\, providing the year-end inflation\, income\, and spending data that markets and policymakers use to assess the Fed’s progress toward its 2% target. \nWhen is the December 2026 PCE report released?\nThe BEA will publish the report at 8:30 a.m. Eastern Time on Wednesday\, December 23\, 2026\, alongside the GDP Q3 2026 third estimate. \nHow does year-end PCE data affect Fed policy in early 2027?\nThe December PCE reading is one of the key inputs the FOMC will review when setting its January 2027 policy stance. A year-end core PCE still well above 2% reinforces the case for holding rates at restrictive levels. Progress toward 2% would support the argument for beginning an easing cycle. The Fed’s first 2027 meeting is scheduled for late January\, giving policymakers roughly four weeks to assess the full suite of year-end data.
URL:https://www.financecalendar.com/event/us-personal-income-and-outlays-pce-december-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261223T100000
DTEND;TZID=America/New_York:20261223T110000
DTSTAMP:20260902T113136Z
CREATED:20260902T113135Z
LAST-MODIFIED:20260902T113136Z
UID:2497-1798020000-1798023600@www.financecalendar.com
SUMMARY:US New Home Sales December 2026
DESCRIPTION:Next US New Home Sales: Wednesday\, December 23\, 2026 at 10:00 am ET (3:00 pm London). Covers November 2026 data. \n\nConsensus\nNot yet published\nPrior\n607\,000 SAAR (July 2026)\nActual\nPending\n\nFull schedule and background: US New Home Sales. \nUpdated September 2\, 2026 \n\n← Previous US New Home Sales\nThe US New Home Sales report for November 2026 is released on Wednesday\, December 23\, 2026\, at 10:00 am ET (3:00 pm London)\, by the US Census Bureau in cooperation with the Department of Housing and Urban Development. The release covers new single-family home sales activity during November 2026. Full schedule and background: US New Home Sales dates. \nWhat is New Home Sales?\nNew Home Sales measures the number of newly built single-family homes sold across the United States in a given month\, expressed as a seasonally adjusted annual rate (SAAR). A sale is counted at the point a deposit is taken or a contract is signed\, not when the home is finished or when the buyer moves in. This makes the series one of the earliest signals of housing demand\, well ahead of measures based on completed transactions. \nThe Census Bureau collects the data from a national sample of homebuilders and combines it with building permit records. Alongside the headline sales pace\, the report publishes the median and average sales price\, the number of homes for sale\, and the “months’ supply”\, which shows how long the current stock of unsold new homes would last at the present sales rate. \nMarkets watch the release because new construction feeds directly into gross domestic product and employment in the building trades. It is also highly sensitive to mortgage rates\, since most new home buyers borrow to finance the purchase\, so the series often reacts quickly to changes in Treasury yields and Federal Reserve policy expectations. \nWhen is the November New Home Sales report released?\nThe Census Bureau publishes the November 2026 report on Wednesday\, December 23\, 2026\, at 10:00 am ET (3:00 pm in London). The data is released as a joint statistical statement on the Census Bureau’s construction statistics website\, alongside detailed tables covering sales\, prices\, inventory and regional breakdowns. \nWhat is the consensus forecast?\nAs of publication\, a consensus forecast for the November 2026 report has not yet been published. Economist surveys from outlets such as Reuters and Trading Economics are typically released in the days immediately before the report\, so a median forecast should appear closer to December 23\, 2026. \nThe most recent verified reading comes from the July 2026 report\, which showed new home sales falling to a seasonally adjusted annual rate of 607\,000\, a drop of 10.5% from June’s upwardly revised 678\,000 pace\, missing economists’ expectations of a softer decline to around 620\,000\, according to HousingWire and Trading Economics. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (November 2026)\n\n\n\n\nNew home sales (SAAR)\n607\,000\nNot yet published\n\n\nMonthly change\n-10.5%\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign builders are managing to move inventory despite high borrowing costs\, which could ease pressure on the Federal Reserve to cut rates quickly\nMore new homes are being bought\, suggesting buyers are adjusting to current mortgage rates or builders are offering bigger incentives\n\n\nIn line with consensus\nLikely to have limited market impact\, treated as confirmation of the existing housing trend\nThe housing market is behaving broadly as expected\, with no fresh signal for interest rate policy\n\n\nBelow consensus\nCould add to concerns about housing affordability and reinforce bets on earlier Federal Reserve rate cuts\, weighing on homebuilder shares\nFewer new homes are being sold\, often linked to high mortgage rates or elevated prices pricing out buyers\n\n\n\nThese are possibilities discussed by analysts\, not predictions. Actual market reaction depends on the wider data picture on the day\, including bond yields and other releases. \nWhy does this release matter right now?\nNew home sales have been on a choppy downward path through 2026\, with the July reading of 607\,000 marking the slowest pace of the year\, according to RISMedia. Builders have responded to soft demand with price cuts\, mortgage rate buydowns and other incentives\, which the Census Bureau’s data captures through the median sales price series alongside the volume figures. \nThe Federal Reserve tracks housing indicators closely because the sector is one of the most interest-rate sensitive parts of the economy. A run of weak new home sales prints\, combined with elevated months’ supply\, tends to reinforce arguments for lower borrowing costs\, while a rebound can complicate that case. The November report lands just before the December Federal Open Market Committee decision cycle concludes\, so it feeds into the broader read on how the economy is responding to the rate path set earlier in the year. \nWhat It Means for Your Money\n\nMortgages and rates: Weak new home sales figures can support expectations of lower Federal Reserve rates\, which over time can feed through to mortgage rates in the US\, though the connection is not immediate or guaranteed.\nSavings: If the data pushes bond yields lower\, savings account and money market fund returns in the US could soften slightly as banks adjust rates in response to the wider rate environment.\nJobs and wages: Homebuilding supports a large number of construction\, manufacturing and retail jobs. A sustained slowdown in new home sales can eventually show up in hiring and overtime in these trades.\nPrices: Builder price cuts and incentives\, visible in the median sales price data\, can spill over into the resale market\, affecting what buyers pay for both new and existing homes.\nInvestments\, pensions and currencies: Homebuilder and construction materials shares often move on this release. Outside the US\, a softer US housing market can weigh on the dollar against the pound and euro if it strengthens the case for rate cuts\, which in turn affects returns on US-focused investments and pension holdings for UK and European savers.\n\nRelated events\n\nPrevious month’s report: US New Home Sales November 2026 release\nUS Existing Home Sales\, published separately by the National Association of Realtors\, covers the resale market and typically arrives earlier in the month\nUS Housing Starts and Building Permits\, which give an earlier read on construction activity ahead of eventual sales\n\nFrequently Asked Questions\nWhat time is the November New Home Sales report released?\nIt is released at 10:00 am ET\, which is 3:00 pm in London\, on Wednesday\, December 23\, 2026. \nHow do I read the New Home Sales figure?\nThe headline number is a seasonally adjusted annual rate\, meaning it estimates how many new homes would sell over a full year if the current monthly pace continued. Compare it with the prior month and with the consensus forecast to judge whether housing demand is strengthening or weakening. \nHow does this data affect interest rates?\nThe Federal Reserve considers housing market strength as one input among many when setting interest rates. A weak reading can support the case for rate cuts\, while a strong reading can support holding rates steady\, though no single data point normally moves policy on its own. \nWhere can I find the official release?\nThe US Census Bureau publishes the full report\, including data tables\, on its construction statistics website\, alongside the Department of Housing and Urban Development. \nWhen is the next New Home Sales report?\nThe December 2026 data is typically published toward the end of January 2027\, following the Census Bureau’s usual monthly schedule for this release. \n← Previous US New Home Sales
URL:https://www.financecalendar.com/event/us-new-home-sales-december-2026/
CATEGORIES:Economic Indicators
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DTEND;TZID=America/New_York:20261224T235959
DTSTAMP:20260902T143830Z
CREATED:20260902T143830Z
LAST-MODIFIED:20260902T143830Z
UID:2583-1798070400-1798156799@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Eve 2026? Bond Market Hours
DESCRIPTION:US Bond Market (SIFMA) close early at 2:00 pm local on Thursday\, December 24\, 2026 for Christmas Eve (Early Close). \n\nNext holiday\nChristmas Day\, December 25\, 2026\nRegular hours\n8:00 am to 5:00 pm ET (SIFMA recommended)\n\nFull schedule and background: Bond Market Holidays. \nUpdated September 2\, 2026 \n\n← Previous Bond Market Holidays\nThe US bond market\, tracked by the Securities Industry and Financial Markets Association (SIFMA)\, closes early on Christmas Eve\, Thursday\, December 24\, 2026\, with trading recommended to end at 2:00 pm local time instead of the usual close. Equity markets including the New York Stock Exchange and Nasdaq also observe an early close that day\, typically ending at 1:00 pm ET\, though the bond market’s early close time differs slightly because SIFMA sets its own recommended schedule. Orders placed after the early close on December 24 are generally queued for execution on the next full trading session. For the full run of upcoming closures and early closes\, see the Bond Market Holidays calendar. \nBecause Christmas Day\, December 25\, 2026\, falls on a Friday\, both the bond market and equity markets are fully closed the following day. This creates a short trading week: a normal Wednesday session\, an early close on Thursday December 24\, and a full closure on Friday December 25. Traders and anyone with pending settlements should plan around this compressed schedule\, since fewer hours are available for executing and confirming trades before the year-end holiday period. \nWhich markets are closed on Christmas Eve 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nUS Bond Market (SIFMA)\nEarly close\nRecommended close at 2:00 pm local time\, per SIFMA’s published holiday schedule\n\n\nNYSE and Nasdaq (equities)\nEarly close\nTypically closes at 1:00 pm ET when Christmas Eve falls on a normal trading day\n\n\nCME futures and options\nEarly close\nMost CME products follow a shortened trading session on December 24\n\n\nUS options markets\nEarly close\nOptions exchanges generally align their early close with the equity market\n\n\nLondon Stock Exchange (LSE)\nEarly close\nThe LSE typically closes early on Christmas Eve when it falls on a weekday\n\n\nEuronext\nEarly close\nEuronext markets usually shorten trading hours on December 24\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nChristmas Eve is not a Japanese market holiday\n\n\n\nInvestors outside the United States should note that Christmas Eve is not a universal market holiday. Asian markets such as Tokyo generally trade full sessions on December 24\, since Christmas itself is not a public holiday in Japan in the same way it is observed in the West. European markets\, including London and the main Euronext exchanges\, typically follow a shortened session similar to the United States\, reflecting the shared observance of Christmas across much of Europe and North America. \nIs the market open the day before and after?\nThe trading day before Christmas Eve\, Wednesday\, December 23\, 2026\, is a full\, regular session for both the bond market and equities\, with no early close in effect. The bond market then shifts to its early close on Thursday\, December 24\, with SIFMA recommending trading conclude at 2:00 pm local time rather than the standard end of day. The following session\, Friday\, December 25\, 2026\, is a full closure across bond and equity markets alike\, since Christmas Day is a recognised holiday for both. The next full trading day resumes on Monday\, December 28\, 2026\, assuming no further holiday falls in that window. \nThis pattern\, a full session\, an early close\, then a full closure\, is typical of how the US market calendar handles Christmas Eve and Christmas Day when they fall on weekdays. It gives market participants a shortened but still functional session on December 24 to settle year-end positions before the extended break. \nWhy do markets close for Christmas Eve?\nChristmas Eve itself is not a federal holiday in the United States\, which is why the bond and equity markets do not close entirely on December 24. Instead\, exchanges and SIFMA member firms have long observed a tradition of shortening the trading day immediately before Christmas\, reflecting lower expected trading volumes as staff and investors prepare for the holiday. This voluntary early close has become a fixture of the US market calendar\, applied consistently in years when December 24 falls on a normal business day. \nThe practice dates back decades and mirrors similar early closes observed around other major US holidays\, such as the day after Thanksgiving. Reduced staffing\, lighter volumes and the desire to give employees time with family before Christmas Day all contribute to the decision by SIFMA and the exchanges to recommend a shorter session rather than a full closure. \nWhat It Means for Your Money\nIf you place a bond trade after 2:00 pm on December 24\, it will most likely queue for execution when the market reopens for a full session\, which in this case is Monday\, December 28\, 2026\, since Christmas Day closes the market entirely on the Friday in between. Settlement\, which is the process of finalising ownership and payment after a trade\, typically follows a T+1 cycle for many bond transactions\, meaning a trade executed before the early close on December 24 should still settle on the next business day\, but trades placed later in the day may see settlement pushed into the following week. \nDividend payments and options expirations scheduled around this period are generally unaffected in terms of eligibility\, but the actual crediting of funds or exercise processing can be delayed slightly due to the shortened session and the full closure on Christmas Day. Anyone waiting on a bank transfer tied to a bond settlement\, or on payroll processing that depends on banking system availability\, should build in an extra day or two of buffer around this holiday stretch\, since many banks also reduce staffing around Christmas. \nRetail investors with mortgages\, savings accounts or pension contributions linked to bond market pricing will not see any meaningful market-moving activity during the shortened Christmas Eve session itself\, given the lighter volumes and early close. Those trading cryptocurrency are unaffected by any of this\, since crypto markets operate 24 hours a day\, seven days a week\, with no holiday closures at all. \nRemaining Bond Market holidays in 2026\n\nChristmas Day\, December 25\, 2026: fully closed\nNew Year’s Eve (Early Close)\, December 31\, 2026: early close\, recommended 2:00 pm local time\n\nFrequently Asked Questions\nIs the bond market open on Christmas Eve 2026?\nYes\, but only for part of the day. SIFMA recommends the bond market close early\, at 2:00 pm local time\, on Thursday\, December 24\, 2026. \nIs the stock market open on Christmas Eve 2026?\nYes\, the NYSE and Nasdaq typically hold a shortened session on December 24\, closing early at around 1:00 pm ET rather than the usual close. \nWhat time does the bond market close on December 24\, 2026?\nSIFMA’s recommended early close time for Christmas Eve 2026 is 2:00 pm local time\, ahead of the market’s normal 5:00 pm ET close. \nWhen is the next market holiday after Christmas Eve 2026?\nChristmas Day falls on Friday\, December 25\, 2026\, and is a full closure for both bond and equity markets. \nAre banks open on Christmas Eve 2026?\nMany US banks remain open on Christmas Eve but often with reduced hours\, since it is not a federal banking holiday\, unlike Christmas Day itself. \n← Previous Bond Market Holidays
URL:https://www.financecalendar.com/event/bond-market-christmas-eve-2026-early-close/
CATEGORIES:Economic Indicators
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DTSTAMP:20260902T144054Z
CREATED:20260902T144054Z
LAST-MODIFIED:20260902T144054Z
UID:2585-1798070400-1798156799@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Eve 2026? Xetra Hours
DESCRIPTION:Frankfurt Stock Exchange (Xetra) are closed on Thursday\, December 24\, 2026 for Christmas Eve. \n\nNext holiday\nChristmas Day\, December 25\, 2026\nRegular hours\n9:00 am to 5:30 pm CET/CEST (Xetra); Frankfurt floor to 8:00 pm\n\nFull schedule and background: Xetra Holidays. \nUpdated September 2\, 2026 \n\nThe Frankfurt Stock Exchange (Xetra) is closed on Thursday\, December 24\, 2026\, for Christmas Eve. There is no session at all\, not even a shortened one\, so orders placed on the day will queue for the next open trading session\, which is Friday\, December 25 is also a holiday (Christmas Day)\, meaning the next live Xetra session is Monday\, December 29\, 2026. For the full run of dates\, see the Xetra holiday calendar. \nXetra’s regular hours\, when open\, run from 9:00 am to 5:30 pm CET/CEST\, with the Frankfurt floor trading until 8:00 pm. None of that applies on December 24\, 2026\, because the exchange does not open at all. \nWhich markets are closed on Christmas Eve 2026?\nChristmas Eve is not a uniform holiday across global exchanges. Some close fully\, some run a shortened session\, and others treat it as a normal trading day. The table below covers the main venues. \n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nXetra (Frankfurt)\nClosed\nFull-day closure for Christmas Eve\, resumes December 29\, 2026\n\n\nNYSE and Nasdaq\nEarly close\nCloses at 1:00 pm ET on December 24\, 2026\, according to NYSE’s official holiday schedule\n\n\nLondon Stock Exchange (LSE)\nCheck local schedule\nLSE typically runs a shortened session ahead of Christmas; confirm via the exchange’s own calendar closer to the date\n\n\nEuronext (Paris\, Amsterdam\, Brussels)\nCheck local schedule\nEuronext markets often close early on December 24; verify with Euronext’s published calendar\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nDecember 24 is not a Japanese public holiday\, so TSE trades as normal\n\n\nUS bond market (SIFMA)\nEarly close\nUS Treasury market typically closes early ahead of Christmas\, per SIFMA’s recommended schedule\n\n\nCME futures\nShortened hours\nMost CME product groups run reduced hours on December 24\n\n\n\nIs the market open the day before and after?\nXetra trades a full regular session on Wednesday\, December 23\, 2026\, the last trading day before the holiday. December 24 is a full closure\, not an early close\, so there is no shortened session to plan around in Frankfurt. December 25\, Christmas Day\, is also closed. The next live Xetra session is Monday\, December 29\, 2026\, when normal hours of 9:00 am to 5:30 pm CET/CEST resume. \nTraders working across time zones should note that some other exchanges\, including NYSE and Nasdaq\, do trade a shortened session on December 24 itself\, closing at 1:00 pm ET rather than shutting entirely. That contrast matters for anyone holding positions across both US and German markets over the holiday period. \nWhy do markets close for Christmas Eve?\nChristmas Eve closures reflect long-standing European market convention rather than any regulatory requirement tied to a single event. German exchanges\, along with much of continental Europe\, have historically treated December 24 as a non-trading day because it falls within a widely observed family and religious holiday period\, and staffing a full trading session with thin volumes has little practical benefit for market participants. \nXetra’s approach differs from some other jurisdictions\, such as the United States\, where Christmas Eve is typically a shortened trading day rather than a full closure. This reflects differing national holiday customs rather than any coordinated global standard. \nWhat It Means for Your Money\nIf you hold German shares\, ETFs or funds traded on Xetra through a broker or pension platform\, any order you place on December 24\, 2026 will simply sit unfilled until the next live session on December 29\, 2026. This can matter if you are trying to buy or sell before a specific date\, for example ahead of a dividend record date or a year-end portfolio rebalance. \nSettlement on European equities generally follows a T+2 cycle (trade date plus two business days)\, so a trade executed on December 23 may not settle until after the holiday closures have passed\, which can briefly delay funds appearing in your account. Bank transfers and payroll runs across Germany may also be slower around this period because many banks reduce staffing over the holidays\, though this is separate from the exchange closure itself. Cryptocurrency markets\, unlike Xetra\, trade 24 hours a day and are unaffected by the holiday. \nIf your pension or investment portfolio includes European equity funds\, the practical effect of a single closed trading day is usually minimal for long-term holders. It mainly matters for anyone actively trading or rebalancing around specific dates. \nRemaining Xetra holidays in 2026\n\nChristmas Day\, Friday\, December 25\, 2026: Closed\nNew Year’s Eve\, Thursday\, December 31\, 2026: Closed\n\nFrequently Asked Questions\nIs the stock market open on Christmas Eve 2026 in Germany?\nNo. Xetra and the Frankfurt Stock Exchange are fully closed on Thursday\, December 24\, 2026. \nIs the US bond market open on Christmas Eve 2026?\nThe US Treasury market typically observes an early close ahead of Christmas\, based on SIFMA’s recommended holiday schedule\, though this does not affect Xetra’s separate full closure. \nWhat time does Xetra close on Christmas Eve 2026?\nXetra does not open at all on December 24\, 2026\, so there is no closing time to observe that day. \nWhen is the next Xetra market holiday after Christmas Eve 2026?\nThe next holiday is Christmas Day\, Friday\, December 25\, 2026\, followed by New Year’s Eve on December 31\, 2026. \nAre German banks open on Christmas Eve 2026?\nMany German banks reduce hours or close early on December 24\, though this is a banking convention separate from the Xetra trading calendar.
URL:https://www.financecalendar.com/event/xetra-christmas-eve-2026/
CATEGORIES:Economic Indicators
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DTSTAMP:20260902T144202Z
CREATED:20260902T144202Z
LAST-MODIFIED:20260902T144202Z
UID:2587-1798070400-1798156799@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Eve 2026? LSE Hours
DESCRIPTION:London Stock Exchange close early at 12:30 pm local on Thursday\, December 24\, 2026 for Christmas Eve (Early Close). \n\nNext holiday\nChristmas Day\, December 25\, 2026\nRegular hours\n8:00 am to 4:30 pm UK time\n\nFull schedule and background: LSE Holidays. \nUpdated September 2\, 2026 \n\nThe London Stock Exchange is open for a shortened session on Thursday\, December 24\, 2026\, trading from 8:00 am to 12:30 pm UK time instead of its regular close at 4:30 pm. This early close applies to equities\, exchange-traded funds and most other instruments listed on the LSE. Orders placed after 12:30 pm on Christmas Eve will not be filled until the market reopens\, and settlement of trades made that day follows the standard cycle from the early close rather than a full session. For the complete run of dates\, see the LSE holiday calendar. \nThe exchange returns to a full closure the following day for Christmas Day itself\, before UK markets fully reopen after the extended holiday break. Traders with time-sensitive orders\, particularly those near month end or year end\, should plan around the shortened session rather than assuming a normal trading day. \nWhich markets are closed on Christmas Eve 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nLondon Stock Exchange (equities)\nEarly close\nTrades 8:00 am to 12:30 pm UK time\n\n\nLSE derivatives and options\nEarly close\nFollows the same shortened schedule as the cash equity market\n\n\nUK gilts and bonds\nEarly close (typical)\nUK bond markets generally align with the shortened equity session on Christmas Eve\n\n\nEuronext (Paris\, Amsterdam\, Brussels)\nEarly close\nEuropean exchanges commonly shorten trading on December 24\n\n\nNew York Stock Exchange and Nasdaq\nOpen (regular hours)\nUS markets typically close early only when Christmas Eve falls on a weekday adjoining a holiday weekend; check the US market holiday page for confirmation\n\n\nTokyo Stock Exchange\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\n\nAlways confirm exact hours for non-UK venues with their own official calendars\, since early-close conventions vary by exchange and can change year to year. \nIs the market open the day before and after?\nWednesday\, December 23\, 2026 is a normal full trading day on the LSE\, running the usual 8:00 am to 4:30 pm UK hours. Christmas Eve itself\, Thursday December 24\, is the shortened session ending at 12:30 pm local time. The exchange is then fully closed on Friday\, December 25\, 2026 for Christmas Day\, and remains closed on Monday\, December 28\, 2026 for the substitute Boxing Day holiday\, since December 26 falls on a Saturday in 2026. The next full trading day after the holiday cluster is Tuesday\, December 29\, 2026. \nWhy do markets close for Christmas Eve?\nChristmas Eve has long been treated as a half trading day across many European exchanges\, reflecting the tradition of businesses closing early so staff can travel or prepare for the holiday. Trading volumes on the day are typically thin\, as many institutional desks reduce staffing and retail activity slows ahead of the long weekend. \nThe London Stock Exchange has kept this early-close convention for decades\, and it is mirrored by several other European venues including Euronext markets. The practice balances a functioning market for anyone who needs to trade with a recognition that most participants have already stepped away for the holiday. \nWhat It Means for Your Money\nIf you hold a UK share dealing account or a pension invested in UK equities\, the shortened session on Christmas Eve means any order you place after 12:30 pm will simply wait until the next trading window\, most likely the reopening on December 29. This is not a cause for concern\, it is a scheduling issue rather than a market problem. \nSettlement of trades\, meaning the point at which shares and cash actually change hands\, still follows the standard timeline from whenever your trade executes\, so a deal completed before 12:30 pm settles as normal. Anyone with options or futures expiring around this period should check contract specifications carefully\, since expiry timing can be affected by the earlier close. Bank transfers and payroll payments are generally unaffected by exchange hours\, since high street banks operate on their own separate holiday schedule. If you trade cryptocurrency\, remember that those markets operate 24 hours a day and are not affected by exchange holidays at all. \nRemaining LSE holidays in 2026\n\nChristmas Day\, December 25\, 2026 (closed)\nBoxing Day (Substitute)\, December 28\, 2026 (closed)\nNew Year’s Eve (Early Close)\, December 31\, 2026\, closing at 12:30 pm local time\n\nFrequently Asked Questions\nIs the London Stock Exchange open on Christmas Eve 2026?\nYes\, but only for a shortened session from 8:00 am to 12:30 pm UK time on Thursday\, December 24\, 2026. \nIs the bond market open on Christmas Eve?\nUK bond trading typically follows the same shortened schedule as equities\, though investors should confirm with their broker or the relevant bond platform. \nWhat time does the market close on Christmas Eve?\nThe London Stock Exchange closes at 12:30 pm local UK time on December 24\, 2026\, well ahead of its usual 4:30 pm close. \nWhen is the next LSE market holiday after Christmas Eve?\nThe exchange is closed the very next day\, December 25\, 2026\, for Christmas Day\, followed by a closure on December 28 for the substitute Boxing Day holiday. \nAre UK banks open on Christmas Eve?\nMost UK banks remain open for business on Christmas Eve\, though branch hours can vary\, and it falls outside the official UK bank holiday schedule.
URL:https://www.financecalendar.com/event/lse-christmas-eve-2026-early-close/
CATEGORIES:Economic Indicators
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DTSTART;TZID=America/New_York:20261224T000000
DTEND;TZID=America/New_York:20261224T235959
DTSTAMP:20260902T144351Z
CREATED:20260902T144351Z
LAST-MODIFIED:20260902T144351Z
UID:2589-1798070400-1798156799@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Eve 2026? CME Futures Hours
DESCRIPTION:CME Group Futures close early at 12:15 pm local on Thursday\, December 24\, 2026 for Christmas Eve (Early Close). \n\nNext holiday\nChristmas Day\, December 25\, 2026\nRegular hours\n5:00 pm to 4:00 pm CT (Sun-Fri\, with 4:00-5:00 pm daily maintenance break)\n\nFull schedule and background: CME Futures Holidays. \nUpdated September 2\, 2026 \n\n← Previous CME Futures Holidays\nCME Group futures markets close early on Christmas Eve\, Thursday\, December 24\, 2026\, with equity index and interest rate futures halting trading at approximately 12:15 pm local time (Central Time)\, well ahead of the normal overnight-to-afternoon Globex session. This is an early close\, not a full closure: trading resumes that evening ahead of Christmas Day\, December 25\, 2026\, when CME Group is fully closed. Orders that would normally execute after the early halt roll into the next available session once trading resumes. For the complete run of dates\, see the CME Futures Holidays calendar. \nBecause CME finalises exact holiday hours only around two weeks in advance\, in coordination with the New York Stock Exchange (NYSE) and the Securities Industry and Financial Markets Association (SIFMA)\, the times below reflect the pattern CME has followed on previous Christmas Eve sessions and should be confirmed on the official CME Group trading hours page closer to the date. \nWhich markets are closed on Christmas Eve 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nCME Group futures (equity index\, interest rate)\nEarly close\nHalts around 12:15 pm CT (1:15 pm ET); Globex reopens that evening\n\n\nCME energy and metals futures\nEarly close\nTypically halt slightly later than equity and rate products\, around 12:30 pm CT\n\n\nNYSE and Nasdaq (equities)\nEarly close\nClose at 1:00 pm ET (1:15 pm ET for eligible options)\n\n\nUS bond market (SIFMA)\nEarly close\nSIFMA recommends a 2:00 pm ET close for the cash Treasury market\n\n\nUS options\nEarly close\nAligned with NYSE/Nasdaq early close\, 1:15 pm ET for eligible contracts\n\n\nLondon Stock Exchange (LSE)\nEarly close\nTraditionally closes early on Christmas Eve when it falls on a trading day\n\n\nEuronext\nEarly close\nShortened session ahead of the Christmas holidays\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\n\nIs the market open the day before and after?\nWednesday\, December 23\, 2026 is a regular full trading day on CME Globex\, with the usual overnight session and daily maintenance break. Christmas Eve itself\, Thursday\, December 24\, is the early-close day described above: interest rate and equity index futures halt around 12:15 pm CT\, with energy and metals products following shortly after. Trading then resumes that evening ahead of the weekend\, since Christmas Day\, Friday\, December 25\, 2026\, is a full closure across CME Group markets. The next full trading session begins with the Sunday evening reopen at 5:00 pm CT (6:00 pm ET) heading into Monday\, December 28. \nWhy do markets close for Christmas Eve?\nExchanges shorten trading on Christmas Eve out of long-standing convention rather than regulation: liquidity thins sharply as traders\, brokers and support staff leave early for the holiday\, so exchanges formalise a shorter session rather than run a full day on artificially low volume. The practice dates back decades on Wall Street and has been mirrored by futures markets\, which typically follow the lead set by the NYSE and SIFMA when setting their own holiday and early-close calendars. \nBecause Christmas Eve falls on a weekday but is not itself a federal holiday\, most US markets treat it as a half day rather than a full closure\, distinguishing it from Christmas Day itself\, which is a full market holiday everywhere in the United States. \nWhat It Means for Your Money\nIf you place a futures order after the early halt on December 24\, it queues and executes when trading resumes\, not immediately\, which matters if you are trying to hedge or close a position before month end. Settlement follows the standard T+1 cycle for most US markets\, but the compressed week around Christmas can push settlement dates later than usual\, so check confirmations carefully if you are relying on funds landing by a specific day. Dividend payments and options expiries scheduled for this window are unaffected in principle but can see thinner liquidity\, which sometimes widens the gap between the price you expect and the price you get. Bank transfers tied to the early close\, including payroll runs some employers schedule around the holidays\, may also process a little slower than usual. Cryptocurrency markets\, including CME’s own Bitcoin and Ether futures\, continue trading with only brief daily maintenance breaks and are not affected by the equity and rate market early close. \nRemaining CME Futures holidays in 2026\n\nChristmas Day\, December 25\, 2026: full closure\n\nFrequently Asked Questions\nIs the CME futures market open on Christmas Eve 2026?\nYes\, but only for part of the day. CME Group interest rate and equity index futures trade a normal overnight and morning session before halting around 12:15 pm local time (Central Time) on Thursday\, December 24\, 2026. \nIs the bond market open on Christmas Eve?\nThe US Treasury cash market typically follows a SIFMA-recommended early close\, generally around 2:00 pm ET\, on Christmas Eve when it falls on a business day. \nWhat time does CME close on December 24\, 2026?\nEquity index and interest rate futures are expected to halt around 12:15 pm CT (1:15 pm ET)\, with energy and metals products following a little later\, though CME does not confirm exact times until roughly two weeks beforehand. \nWhen is the next CME futures market holiday after Christmas Eve?\nChristmas Day\, Friday\, December 25\, 2026\, is the next holiday\, and it is a full closure across CME Group markets. \nAre banks open on Christmas Eve?\nUS banks are generally open for regular hours on Christmas Eve since it is not a federal holiday\, though some branches close early and processing of transfers can slow ahead of the Christmas Day closure. \n← Previous CME Futures Holidays
URL:https://www.financecalendar.com/event/cme-futures-christmas-eve-2026-early-close/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261224T000000
DTEND;TZID=America/New_York:20261224T235959
DTSTAMP:20260902T144521Z
CREATED:20260902T144521Z
LAST-MODIFIED:20260902T144521Z
UID:2591-1798070400-1798156799@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Eve 2026? SIX Swiss Hours
DESCRIPTION:SIX Swiss Exchange are closed on Thursday\, December 24\, 2026 for Christmas Eve. \n\nNext holiday\nChristmas Day\, December 25\, 2026\nRegular hours\n9:00 am to 5:30 pm CET/CEST\n\nFull schedule and background: SIX Swiss Holidays. \nUpdated September 2\, 2026 \n\nThe SIX Swiss Exchange is closed on Thursday\, December 24\, 2026 for Christmas Eve. No equities\, bonds or derivatives trade on the Swiss market that day\, and any order queued for that session will be held and processed when trading resumes. This follows the standard Swiss market calendar published by SIX Group. For the full list of dates\, see the SIX Swiss holiday calendar. \nBecause Christmas Eve falls in the same week as Christmas Day and\, this year\, close to the New Year period\, traders in Zurich\, Geneva and Basel face a run of shortened weeks. Settlement of any trade executed on the last open session before December 24 will be pushed back to account for the closure\, and investors with pending transfers or fund switches should expect a short delay. \nWhich markets are closed on Christmas Eve 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nSIX Swiss Exchange (equities)\nClosed\nNo cash equity trading in Zurich\n\n\nSIX Swiss Exchange (bonds)\nClosed\nSwiss bond market follows the same exchange calendar\n\n\nEurex derivatives (Swiss-linked contracts)\nClosed\nEurex typically observes a shortened or closed session around Christmas Eve; check Eurex’s own calendar for confirmation\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nUK markets do not close for Christmas Eve\, though volumes are usually thin\n\n\nEuronext (Paris\, Amsterdam\, Brussels)\nOpen (regular hours)\nEuronext markets typically trade a full or slightly shortened session on December 24\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\nNew York Stock Exchange and Nasdaq\nEarly close\nUS markets typically close early at 1:00 pm ET on December 24 when it falls on a weekday\, ahead of the Christmas Day holiday\n\n\n\nAlways check the exchange’s own published calendar close to the date\, since some venues adjust hours at short notice around the festive period. \nIs the market open the day before and after?\nThe trading session before December 24\, 2026 (Wednesday\, December 23) runs on normal Swiss hours of 9:00 am to 5:30 pm CET/CEST. SIX Swiss Exchange then remains closed on December 24 and again on Friday\, December 25\, 2026 for Christmas Day\, so Swiss investors face two consecutive non-trading days. The next open trading session on the Swiss market is expected to be Monday\, December 28\, 2026\, assuming no further holiday falls in between. SIX Swiss Exchange does not typically apply a separate early close on December 24 itself\, since the whole day is a closure rather than a shortened session\, though market participants should confirm final scheduling on the SIX Group trading calendar closer to the date. \nWhy do markets close for Christmas Eve?\nChristmas Eve closures reflect long-standing European tradition rather than a single piece of legislation. In Switzerland and much of continental Europe\, December 24 is treated as part of the wider Christmas period\, when banks\, exchanges and many businesses either close entirely or operate reduced hours so staff can travel and prepare for the holiday. \nExchange operators such as SIX Group set their annual calendars in advance\, balancing continuity of trading with the practical reality that liquidity thins sharply in the days around Christmas. Closing outright on December 24\, rather than running a token session\, avoids the risk of erratic pricing on very low volume. \nWhat It Means for Your Money\nIf you have a pending order on a Swiss-listed stock\, fund or bond\, it will simply wait in the queue and execute once trading resumes\, most likely on December 28\, 2026. Settlement\, the process of finalising ownership and payment after a trade\, is delayed by the closure\, so anyone relying on cash from a Swiss sale landing in their account should build in an extra day or two. \nDividend payments and any options or futures expiries scheduled around this date may shift to the next business day\, so check the specific instrument’s calendar if you hold Swiss-listed derivatives. Bank transfers within Switzerland may also be slower over the holiday period\, and payroll runs timed for late December sometimes move earlier to avoid the closure. Cryptocurrency markets are unaffected\, since they trade 24 hours a day\, seven days a week\, regardless of exchange holidays. \nRemaining SIX Swiss holidays in 2026\n\nChristmas Day\, December 25\, 2026 (closed)\nNew Year’s Eve\, December 31\, 2026 (closed)\n\nFrequently Asked Questions\nIs the stock market open on Christmas Eve 2026?\nNo\, the SIX Swiss Exchange is closed on Thursday\, December 24\, 2026 for Christmas Eve. \nIs the bond market open on Christmas Eve 2026?\nNo\, the Swiss bond market follows the same exchange calendar and is closed alongside equities on December 24\, 2026. \nWhat time does the Swiss market close before the holiday?\nOn the prior trading day\, Wednesday\, December 23\, 2026\, SIX Swiss Exchange trades its regular hours of 9:00 am to 5:30 pm CET/CEST\, with no early close scheduled ahead of the holiday itself. \nWhen is the next Swiss market holiday after Christmas Eve?\nThe next closure is Christmas Day on Friday\, December 25\, 2026\, followed by New Year’s Eve on December 31\, 2026. \nAre Swiss banks open on Christmas Eve 2026?\nMany Swiss banks reduce hours or close early on December 24\, though this varies by institution\, so it is worth checking with your specific bank for branch and transfer cut-off times.
URL:https://www.financecalendar.com/event/six-swiss-christmas-eve-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261224T000000
DTEND;TZID=America/New_York:20261224T235959
DTSTAMP:20260902T144619Z
CREATED:20260902T144619Z
LAST-MODIFIED:20260902T144619Z
UID:2593-1798070400-1798156799@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Eve 2026? HKEX Hours
DESCRIPTION:Hong Kong Stock Exchange close early at 12:00 pm local on Thursday\, December 24\, 2026 for Christmas Eve (Half-Day Trading). \n\nNext holiday\nChristmas Day\, December 25\, 2026\nRegular hours\n9:30 am to 12:00 pm and 1:00 pm to 4:00 pm HKT\n\nFull schedule and background: HKEX Holidays. \nUpdated September 2\, 2026 \n\n← Previous HKEX Holidays\nThe Hong Kong Stock Exchange (HKEX) holds half-day trading on Thursday\, December 24\, 2026\, for Christmas Eve. The morning session runs as normal from 9:30 am to 12:00 pm Hong Kong time\, but the afternoon session is cancelled and the market closes at 12:00 pm local time. There is no equivalent notion of an ET or London close for this session\, since HKEX is a purely local trading day\, but 12:00 pm HKT falls at around 4:00 am GMT and 11:00 pm ET the previous evening. Orders not filled by the noon close will need to be re-entered or will carry over\, depending on your broker\, for the next full trading session. For the full run of dates\, see the HKEX holiday calendar. \nWhich markets are closed on Christmas Eve 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nHKEX equities\nHalf-day trading\nCloses at 12:00 pm HKT\, afternoon session cancelled\n\n\nHKEX derivatives (futures and options)\nHalf-day trading\nMorning session only\, in line with the cash market\n\n\nStock Connect (Northbound and Southbound)\nHalf-day trading\nFollows the HKEX half-day schedule\n\n\nNew York Stock Exchange and Nasdaq\nOpen (regular hours)\nDecember 24\, 2026 is a normal early-close day only in the US on some years\, but is not confirmed as such for 2026 on this calendar; check the NYSE holiday page for confirmation\n\n\nLondon Stock Exchange\nOpen (regular hours)\nLSE does not observe a half day for Christmas Eve\n\n\nEuronext\nOpen (regular hours)\nNo scheduled early close for Christmas Eve\n\n\nTokyo Stock Exchange\nOpen (regular hours)\nNot a Japanese public holiday\n\n\n\nIs the market open the day before and after?\nThe trading day before Christmas Eve\, Wednesday\, December 23\, 2026\, is a normal full session on HKEX with regular hours of 9:30 am to 12:00 pm and 1:00 pm to 4:00 pm HKT. HKEX is then fully closed on Friday\, December 25\, 2026 for Christmas Day\, and remains closed into the weekend. The next trading day after the holiday run is Monday\, December 28\, 2026\, assuming no further closures fall in that window. Investors should note that another half day follows on New Year’s Eve\, December 31\, 2026\, before the market closes fully for New Year’s Day. \nWhy do markets close for Christmas Eve?\nHong Kong’s exchange calendar reflects both its British colonial history and its role as a major international financial centre with a large expatriate and Christian population. Christmas Day itself is a statutory public holiday in Hong Kong\, and HKEX has traditionally shortened the trading session on Christmas Eve to allow staff and traders to prepare for the holiday period\, a practice mirrored on New Year’s Eve at the other end of the year. \nWhat It Means for Your Money\nIf you place an order after 12:00 pm HKT on December 24\, it will typically queue for execution when trading resumes\, since the afternoon session simply does not run rather than being delayed. Settlement of trades executed on the half day follows Hong Kong’s standard T+2 cycle\, so a trade on December 24 should settle roughly two business days later\, factoring in the following holiday closures. If you hold Hong Kong-listed shares\, dividend record dates and options expiry timings set for this window are unaffected in principle but can shift slightly around holiday clusters\, so it is worth checking with your broker. Bank transfers and payroll processing in Hong Kong generally continue on a shortened schedule around this period. Cryptocurrency markets are unaffected\, since they trade continuously\, 24 hours a day\, seven days a week\, regardless of stock exchange holidays. \nRemaining HKEX holidays in 2026\n\nChristmas Day\, December 25\, 2026: closed\nNew Year’s Eve (Half-Day Trading)\, December 31\, 2026: early close at 12:00 pm local\n\nFrequently Asked Questions\nIs the Hong Kong stock market open on Christmas Eve 2026?\nYes\, but only for a half day. HKEX trades from 9:30 am to 12:00 pm HKT on Thursday\, December 24\, 2026\, then closes for the rest of the day. \nWhat time does HKEX close on Christmas Eve?\nTrading ends at 12:00 pm Hong Kong time\, with the usual 1:00 pm to 4:00 pm afternoon session cancelled. \nIs the bond market open on Christmas Eve in Hong Kong?\nHKEX has not published a separate closure notice for bond trading on this date\, so fixed income activity generally follows the same shortened equity session. \nWhen is the next HKEX market holiday after Christmas Eve?\nThe exchange is fully closed the very next day\, Friday\, December 25\, 2026\, for Christmas Day. \nAre banks open in Hong Kong on Christmas Eve 2026?\nChristmas Eve is not a statutory public holiday in Hong Kong\, so most banks operate on their normal or slightly adjusted hours\, though some branches may close early. \n← Previous HKEX Holidays
URL:https://www.financecalendar.com/event/hkex-christmas-eve-half-day-trading-2026-early-close/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261224T000000
DTEND;TZID=America/New_York:20261224T235959
DTSTAMP:20260902T144700Z
CREATED:20260902T144700Z
LAST-MODIFIED:20260902T144700Z
UID:2595-1798070400-1798156799@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Eve 2026? Euronext Hours
DESCRIPTION:Euronext (Paris\, Amsterdam\, Brussels\, Lisbon) close early at 2:05 pm local on Thursday\, December 24\, 2026 for Christmas Eve (Half Trading Day). \n\nNext holiday\nChristmas Day\, December 25\, 2026\nRegular hours\n9:00 am to 5:30 pm CET/CEST\n\nFull schedule and background: Euronext Holidays. \nUpdated September 2\, 2026 \n\nEuronext markets in Paris\, Amsterdam\, Brussels and Lisbon operate a shortened session on Thursday\, December 24\, 2026\, closing at 2:05 pm local time (CET) instead of the usual 5:30 pm close\, ahead of the Christmas Eve holiday. Orders can still be placed and executed as normal during the shortened session\, but anything submitted after 2:05 pm will queue for the next trading day. Settlement of trades follows the standard T+1 cycle from whichever day the trade actually executes. See the full schedule here: Euronext holiday calendar. \nWhich markets are closed on Christmas Eve 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nEuronext (Paris\, Amsterdam\, Brussels\, Lisbon)\nEarly close\nCloses at 2:05 pm CET instead of 5:30 pm\n\n\nEuronext derivatives\nEarly close\nShortened session mirrors the cash market close\n\n\nDeutsche Bu00f6rse (Xetra)\nClosed\nFrankfurt observes a full closure on Christmas Eve\, according to a market holidays summary published by EODHD\n\n\nLondon Stock Exchange (LSE)\nEarly close\nThe LSE closes at 12:30 pm\, per the EODHD holiday calendar\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas Eve as a special trading day\n\n\nNew York Stock Exchange (NYSE) and Nasdaq\nOpen (regular hours)\nUS markets trade a full session on December 24\, 2026\, a Thursday\, with an early close only on December 24 if it fell on Christmas Eve proper in the US calendar; check the NYSE holiday calendar for confirmation\n\n\nBonds (Euro area)\nEarly close\nFixed income desks typically shorten hours in line with the cash equity close\n\n\n\nAlways check the exchange’s own calendar close to the date\, since some venues confirm exact holiday hours only a few months in advance. \nIs the market open the day before and after?\nWednesday\, December 23\, 2026 is a full regular trading day on Euronext\, running the usual 9:00 am to 5:30 pm CET session. Thursday\, December 24\, 2026 is the shortened session described above\, closing at 2:05 pm. Friday\, December 25\, 2026 is Christmas Day and Euronext is fully closed. The next full trading day is Monday\, December 28\, 2026\, since December 26 and 27 fall on a weekend in most years but should be checked against the 2026 calendar; markets generally resume standard 9:00 am to 5:30 pm hours immediately after the holiday. \nWhy do markets close early on Christmas Eve?\nExchanges across Europe have long shortened trading on Christmas Eve because trading volumes drop sharply as staff\, brokers and institutional desks wind down for the holiday period. Rather than force a full session with thin liquidity\, Euronext and similar exchanges close early so that settlement and clearing staff can complete year-end processing before the Christmas break. The practice is consistent across most European markets\, even though the exact closing time varies by exchange. \nWhat It Means for Your Money\nIf you place a trade after 2:05 pm CET on December 24\, it will not execute until the next open session\, so do not assume a same-day fill if you submit an order late in the day. Settlement still follows the standard T+1 timetable\, counted from the day the trade actually executes\, which can push a Christmas Eve trade’s settlement into the following week once the Christmas closure is factored in. Anyone with options expiring around this date should check whether the shortened session affects the expiry cut-off time\, since some contracts settle based on the closing auction. If you hold European shares that pay dividends\, ex-dividend dates scheduled for December 24 or the days either side may be affected by the reduced session\, so check with your broker. Bank transfers and payroll runs in eurozone countries are generally unaffected by the exchange’s early close\, since retail banking hours are separate from stock exchange hours. Cryptocurrency markets are not affected at all\, since they trade 24 hours a day\, seven days a week\, with no holiday closures. \nRemaining Euronext holidays in 2026\n\nChristmas Day\, December 25\, 2026: markets fully closed\nNew Year’s Eve (Half Trading Day)\, December 31\, 2026: early close at 2:05 pm local time\n\nFrequently Asked Questions\nIs the Euronext market open on Christmas Eve 2026?\nYes\, but only for a shortened session. Euronext markets in Paris\, Amsterdam\, Brussels and Lisbon close at 2:05 pm CET instead of the usual 5:30 pm. \nWhat time does Euronext close on December 24\, 2026?\nEuronext closes at 2:05 pm local time (CET/CEST) on December 24\, 2026\, one hour earlier than a typical early-close session elsewhere in Europe. \nIs the bond market open on Christmas Eve 2026?\nEurozone fixed income desks typically mirror the shortened equity session\, though exact bond market hours are set by individual trading platforms and should be confirmed closer to the date. \nWhen is the next Euronext holiday after Christmas Eve?\nThe next holiday is Christmas Day on December 25\, 2026\, when Euronext is fully closed. \nAre banks open on Christmas Eve 2026?\nBank opening hours vary by country and institution across the eurozone\, so check with your local bank\, though most retail banks in France\, Belgium and the Netherlands operate reduced or normal hours that are separate from exchange trading hours.
URL:https://www.financecalendar.com/event/euronext-christmas-eve-half-trading-day-2026-early-close/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261224T000000
DTEND;TZID=America/New_York:20261224T235959
DTSTAMP:20260902T153057Z
CREATED:20260902T153056Z
LAST-MODIFIED:20260902T153057Z
UID:2598-1798070400-1798156799@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Eve 2026? ASX Hours
DESCRIPTION:Australian Securities Exchange close early at 2:10 pm local on Thursday\, December 24\, 2026 for Christmas Eve (Early Close). \n\nNext holiday\nChristmas Day\, December 25\, 2026\nRegular hours\n10:00 am to 4:00 pm AEST/AEDT (closing auction to ~4:12 pm)\n\nFull schedule and background: ASX Holidays. \nUpdated September 2\, 2026 \n\nThe Australian Securities Exchange (ASX) is open on Thursday\, December 24\, 2026\, but trading closes early at 2:10 pm local time instead of the usual 4:00 pm close\, ahead of the Christmas break. Orders placed after the early cut-off will queue for the next session\, and the following trading day is affected by the Christmas Day closure. This page is part of the ASX Holidays calendar\, which tracks every closure and early close for the year. \nRegular ASX trading hours run from 10:00 am to 4:00 pm AEST/AEDT\, with a closing auction that usually runs to around 4:12 pm. On December 24\, that entire schedule is compressed: normal trading ceases at 2:10 pm\, followed by the closing single price auction shortly after\, according to ASX’s official trading calendar. \nWhich markets are closed on Christmas Eve 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nASX equities (cash market)\nEarly close\nTrading ceases at 2:10 pm local\, closing auction shortly after\n\n\nASX 24 (futures)\nEarly close\nDay session shortened to match the cash market early close\n\n\nASX options\nEarly close\nFollows the equities market schedule\n\n\nASX Market Announcements Office\nEarly close\nCloses at 4:30 pm local instead of the usual later time\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nUK markets typically close early on December 24 only if it falls on a weekday close to the holiday period; check the LSE calendar for confirmation\n\n\nEuronext\nOpen (regular hours)\nNo scheduled Christmas Eve closure unless confirmed by Euronext’s calendar\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\n\nIs the market open the day before and after?\nThe trading day before Christmas Eve\, Wednesday\, December 23\, 2026\, follows normal ASX hours of 10:00 am to 4:00 pm. December 24 itself is the early close day\, with trading ceasing at 2:10 pm local time. The ASX is then fully closed on Friday\, December 25\, 2026 for Christmas Day\, and closed again on Monday\, December 28\, 2026 for the Boxing Day substitute holiday\, since December 26 falls on a Saturday. The next full trading session after Christmas Eve is Tuesday\, December 29\, 2026. \nWhy do markets close for Christmas Eve?\nChristmas Eve is not a full public holiday in Australia\, but the ASX shortens trading hours to allow staff\, brokers and back-office teams to finish early ahead of the Christmas period. Shortened sessions on the days flanking major holidays are common across global exchanges\, reducing liquidity and trading volumes as many market participants have already left for the break. \nWhat It Means for Your Money\nIf you place an order on the ASX after 2:10 pm on December 24\, it will not execute until the next open session\, which is affected by the Christmas Day closure and falls on December 29\, 2026. Settlement of trades follows the standard T+2 cycle in Australia\, so a trade executed on December 24 typically settles on December 28\, though the intervening closures can shift this. Dividend payments and options expiries scheduled for this window may be processed slightly differently by your broker\, so check with them directly if you hold ASX-listed securities. Bank transfers and payroll processing in Australia generally follow business banking days\, so a holiday closure can delay non-urgent payments by a day. Cryptocurrency markets are unaffected\, as they trade 24 hours a day\, seven days a week\, regardless of stock exchange holidays. \nRemaining ASX holidays in 2026\n\nChristmas Day\, closed\, Friday\, December 25\, 2026\nBoxing Day (Substitute)\, closed\, Monday\, December 28\, 2026\nNew Year’s Eve\, early close at 2:10 pm local\, Thursday\, December 31\, 2026\n\nFrequently Asked Questions\nIs the stock market open on Christmas Eve 2026?\nYes\, the ASX is open on December 24\, 2026\, but trading closes early at 2:10 pm local time instead of the usual 4:00 pm. \nIs the bond market open on Christmas Eve 2026?\nASX 24 bond futures follow the same shortened day-session schedule as the equities market on Christmas Eve. \nWhat time does the ASX close on Christmas Eve 2026?\nThe ASX ceases normal trading at 2:10 pm local time on December 24\, 2026\, followed shortly by the closing auction. \nWhen is the next ASX market holiday after Christmas Eve 2026?\nThe next holiday is Christmas Day on Friday\, December 25\, 2026\, when the ASX is fully closed. \nAre Australian banks open on Christmas Eve 2026?\nMost Australian banks remain open for regular hours on Christmas Eve\, though some branches may close earlier ahead of the holiday period.
URL:https://www.financecalendar.com/event/asx-christmas-eve-2026-early-close/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261224T000000
DTEND;TZID=America/New_York:20261224T235959
DTSTAMP:20260902T153201Z
CREATED:20260902T153201Z
LAST-MODIFIED:20260902T153201Z
UID:2600-1798070400-1798156799@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Eve 2026? TSX Hours
DESCRIPTION:Toronto Stock Exchange close early at 1:00 pm local on Thursday\, December 24\, 2026 for Christmas Eve (Early Close). \n\nNext holiday\nChristmas Day\, December 25\, 2026\nRegular hours\n9:30 am to 4:00 pm ET\n\nFull schedule and background: TSX Holidays. \nUpdated September 2\, 2026 \n\n← Previous TSX Holidays\nThe Toronto Stock Exchange (TSX) and TSX Venture Exchange close early at 1:00 pm local time (ET) on Thursday\, December 24\, 2026\, for Christmas Eve. Regular trading hours resume the next open session. This is an early close\, not a full closure\, so trading takes place normally from 9:30 am until the 1:00 pm cut-off. Full details of all TSX closures and early closes this year are on the TSX Holidays calendar. \nOrders placed after 1:00 pm on December 24 will not be filled until the market reopens. Because the exchange is fully closed the following day for Christmas Day\, the next full trading session is not until after the holiday period\, so trades executed late on December 24 and any orders queued for December 25 carry over accordingly. \nWhich markets are closed on Christmas Eve 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nTSX equities\nEarly close\nCloses at 1:00 pm ET instead of 4:00 pm\n\n\nTSX Venture Exchange\nEarly close\nCloses at 1:00 pm ET\n\n\nTSX Alpha Exchange\nEarly close\nCloses at 1:30 pm ET\n\n\nMontréal Exchange (derivatives)\nEarly close\nMarkets close at 1:00 pm\, with some products such as Basis Trade on Close settling at 12:30 pm and Sector Index Futures at 1:30 pm\n\n\nNYSE and Nasdaq\nEarly close\nUS equity markets typically close at 1:00 pm ET on Christmas Eve when it falls on a weekday\n\n\nSIFMA-recommended bond market (US)\nEarly close\nUS bond markets usually recommend a 2:00 pm ET close on Christmas Eve\n\n\nLondon Stock Exchange (LSE)\nEarly close\nThe LSE typically closes early on Christmas Eve\n\n\nEuronext\nEarly close\nEuronext markets usually shorten trading hours on December 24\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\n\nIs the market open the day before and after?\nWednesday\, December 23\, 2026\, is a regular full trading day on the TSX\, with normal hours from 9:30 am to 4:00 pm ET. The exchange then closes early at 1:00 pm on Thursday\, December 24. It is fully closed on Friday\, December 25\, 2026\, for Christmas Day. Because December 26 falls on a Saturday\, Boxing Day is observed on Monday\, December 28\, 2026\, when the TSX is also closed. The next regular full trading session on the TSX after the early close is not until Tuesday\, December 29\, 2026. \nWhy do markets close for Christmas Eve?\nChristmas Eve early closes are a long-standing convention across North American and European exchanges\, allowing staff and traders to leave in good time before the Christmas holiday itself. Trading volumes are typically thin in the final hours before a holiday\, so exchanges shorten the session rather than close entirely\, keeping some liquidity available for investors who need to adjust positions before the market shuts fully for Christmas Day. \nThe practice reflects a broader pattern seen at year end\, when several exchanges\, including the TSX\, also shorten hours on New Year’s Eve. It is a scheduling convention rather than a regulatory requirement\, and exchanges confirm the exact early-close time each year through their official calendars. \nWhat It Means for Your Money\nIf you place an order after 1:00 pm ET on December 24\, it will simply wait in the queue and be processed when the market next opens for full trading. Settlement of Canadian equity trades generally follows a T+1 cycle\, so a trade executed on December 24 should still settle within the normal timeframe\, though the intervening holiday closures on December 25 and 28 can push the settlement date slightly later than usual. Dividend payment dates and options expiries scheduled around this period are unaffected by the early close itself\, but investors holding options or futures contracts that expire near the holiday should check the specific cut-off times\, since Montréal Exchange derivatives close earlier still. Canadian bank branches typically operate on their own holiday schedule rather than the exchange’s\, so bank transfers and payroll processing may follow separate cut-off times around Christmas. Cryptocurrency markets are unaffected by exchange holidays and continue trading 24 hours a day\, seven days a week. \nRemaining TSX holidays in 2026\n\nChristmas Day\, closed\, Friday\, December 25\, 2026\nBoxing Day (observed)\, closed\, Monday\, December 28\, 2026\n\nFrequently Asked Questions\nIs the stock market open on Christmas Eve 2026?\nYes\, the TSX is open on December 24\, 2026\, but it closes early at 1:00 pm local time instead of the usual 4:00 pm. \nIs the bond market open on Christmas Eve?\nCanadian and US bond markets typically follow their own early-close recommendations on Christmas Eve\, often closing a little later than the equity market\, around mid-afternoon. \nWhat time does the TSX close on December 24\, 2026?\nThe TSX and TSX Venture Exchange close at 1:00 pm ET\, while TSX Alpha Exchange closes at 1:30 pm ET. \nWhen is the next TSX market holiday after Christmas Eve?\nThe next holiday is Christmas Day on December 25\, 2026\, when the TSX is fully closed\, followed by the Boxing Day observance on December 28\, 2026. \nAre Canadian banks open on Christmas Eve?\nMost Canadian bank branches operate on reduced hours or their own holiday schedule around Christmas Eve\, which can differ from the stock exchange’s early close. \n← Previous TSX Holidays
URL:https://www.financecalendar.com/event/tsx-christmas-eve-2026-early-close/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261224T083000
DTEND;TZID=America/New_York:20261224T093000
DTSTAMP:20260902T113259Z
CREATED:20260902T113259Z
LAST-MODIFIED:20260902T113259Z
UID:2499-1798101000-1798104600@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: December 24\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Thursday\, December 24\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\n203\,000 (week ending August 22\, 2026\, most recent confirmed reading)\nActual\nPending\n\nFull schedule and background: US Initial Jobless Claims. \nUpdated September 2\, 2026 \n\n← Previous US Initial Jobless Claims\nThe US Department of Labor publishes the weekly Initial Jobless Claims report on Thursday\, December 24\, 2026\, at 8:30 am ET (1:30 pm London time). The release covers new applications for unemployment benefits filed in the week ending December 19\, 2026. It is one of the most closely watched real-time gauges of the US labour market\, and this particular release falls in a holiday-shortened week\, which can add extra noise to the seasonally adjusted figures. Full schedule and background: US Initial Jobless Claims. \nWhat is the consensus forecast?\nBecause this release is still weeks away\, no consensus forecast has yet been published. Economists surveyed by data providers such as Bloomberg and FactSet typically issue their weekly forecasts only a day or two before each release\, so a specific number for the week ending December 19\, 2026 will not be available until closer to the date. \nFor context\, the most recent confirmed reading available at the time of writing showed initial claims at 203\,000 for the week ending August 22\, 2026\, against a forecast of 208\,000\, according to Investing.com’s economic calendar. Continuing claims\, which measure people still receiving benefits after their first week\, stood at around 1\,777\,000 in the prior reported week\, according to Trading Economics. Both figures will have moved by December\, but they illustrate the range in which claims have been running through 2026. \n\n\n\nMeasure\nPrior (most recent confirmed)\nConsensus\n\n\n\n\nInitial claims\n203\,000 (week ending August 22\, 2026)\nNot yet published\n\n\nContinuing claims\nApprox. 1\,777\,000\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nAbove consensus\nBond yields may fall\, dollar could soften\, seen as dovish for the Fed\nMore people than expected lost their jobs or filed for benefits\, a sign the labour market is cooling faster than thought\n\n\nIn line with consensus\nLimited market reaction\nThe labour market is behaving broadly as expected\, no major shift in the outlook\n\n\nBelow consensus\nYields may rise\, dollar could firm\, seen as a sign of continued labour market strength\nFewer people filed for benefits than expected\, suggesting employers are still holding on to staff\n\n\n\nWhy it matters this week\nWeekly claims have generally hovered in a range of roughly 200\,000 to 230\,000 through 2026\, a level most economists consider consistent with a labour market that is cooling gradually rather than deteriorating sharply. A Reuters and Bloomberg survey cycle around each release has repeatedly shown forecasts clustering close to the prior week’s outturn\, reflecting how stable the series has been compared with the more volatile early pandemic years. \nThe Federal Reserve watches this data closely because claims are one of the timeliest signals of layoffs\, arriving weeks ahead of the monthly jobs report. A holiday week reading\, such as this one covering the period around Christmas\, can be distorted by seasonal adjustment factors and lower processing volumes at state unemployment offices\, so analysts often treat late-December claims figures with some caution and wait for the following week’s data to confirm any trend. \nWhat It Means for Your Money\nFor most people\, a single week’s jobless claims figure will not move mortgage rates or savings accounts on its own\, but persistent trends in this data feed into how the Federal Reserve sets interest rates. If claims rise steadily over several weeks\, it increases the chance of future rate cuts\, which can eventually lower borrowing costs on mortgages\, car loans and credit cards\, but may also mean lower returns on savings accounts. \nFor investors\, weaker labour market data can support share prices in the short term if it raises expectations of lower interest rates\, though a sharp deterioration would usually be read as a warning sign for company earnings and consumer spending. Outside the US\, a softer American jobs picture typically weighs on the dollar\, which can make imports cheaper for UK and eurozone households but also affects the value of any dollar-denominated investments or pensions held by international savers. \nIf you or someone you know has recently been laid off\, this report does not affect individual benefit claims directly\, but it does offer a broader signal of how easy or hard it currently is to find new work across the wider economy. \nFrequently Asked Questions\nWhat time is the December 24\, 2026 jobless claims report released?\nThe Department of Labor releases the report at 8:30 am ET\, which is 1:30 pm in London. \nWhat counts as a big miss from consensus?\nEconomists generally consider a move of more than 15\,000 to 20\,000 above or below the consensus forecast a significant surprise for this weekly series\, given how narrow the typical range of estimates tends to be. \nWhen is the next jobless claims report?\nThe Department of Labor publishes a new initial claims report every Thursday. The previous release covering the week ending December 17\, 2026 can be found here: US Initial Jobless Claims: December 17\, 2026. \nWhy does this release fall in a holiday week?\nThe Department of Labor maintains its regular Thursday publication schedule even around the Christmas holiday\, though staffing and filing patterns at state offices can add extra volatility to the seasonally adjusted number. \n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-december-24-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20261225T000000
DTEND;TZID=UTC:20261225T235959
DTSTAMP:20260825T104546Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104546Z
UID:1349-1798156800-1798243199@www.financecalendar.com
SUMMARY:NYSE/NASDAQ: Christmas 2026
DESCRIPTION:NYSE & Nasdaq are closed on Friday\, December 25\, 2026 for Christmas Day. \n\nBond market\nClosed\nNext holiday\nNew Year's Day\, January 1\, 2027\nRegular hours\n9:30 am to 4:00 pm ET\n\nFull schedule and background: Stock Market Holidays. \nUpdated August 25\, 2026 \n\nUS equity and derivatives markets will be fully closed on Friday\, December 25\, 2026\, for Christmas Day\, a federal public holiday. The New York Stock Exchange (NYSE) and the Nasdaq will also close early at 1:00 p.m. Eastern Time on Thursday\, December 24\, 2026\, Christmas Eve. The two-day closure pattern — an early close on Christmas Eve followed by a full closure on Christmas Day — is a consistent feature of the US market holiday calendar and creates a three-day trading break from Thursday afternoon\, December 24\, through Sunday\, December 27. Full normal trading hours resume on Monday\, December 28\, 2026. The closure falls in the final week of 2026\, a period already characterised by light volumes and year-end portfolio positioning. \nWhat is the NYSE Christmas Holiday?\nChristmas Day\, December 25\, is one of nine annual market holidays observed by the NYSE Group. It is a federal public holiday in the United States and a public holiday across most of the world’s major financial centres\, making Christmas one of the few dates when global equity markets in New York\, London\, Frankfurt\, Tokyo\, and Sydney are simultaneously closed or operating on reduced hours. The consistency of closures across jurisdictions makes the Christmas week a low-liquidity period for cross-border trading\, FX execution\, and international settlement. \nIn 2026\, Christmas Day falls on a Friday. When December 25 is a Friday\, the market observes the standard Christmas closure on the day itself\, with an early close of 1:00 p.m. Eastern Time on the preceding Thursday\, December 24. This gives the Christmas 2026 market break a particularly extended character: markets close early on the afternoon of Thursday\, December 24\, are fully closed on Friday\, December 25\, and do not reopen until Monday\, December 28\, creating a two-and-a-half-day effective closure for equity market participants. \nThe week of December 28 is the final trading week of 2026\, covering December 28\, 29\, 30\, and 31 — with the last trading day of the year on Thursday\, December 31. This period is historically marked by very thin volumes\, year-end rebalancing activity\, index reconstitution effects\, and the so-called Santa Claus rally window\, which many market observers define as the final five trading days of one year and first two of the next. \nAt a Glance\n\nEarly close: Thursday\, December 24\, 2026 at 1:00 p.m. Eastern Time (1:15 p.m. for eligible options)\nFull market closure: Friday\, December 25\, 2026 (Christmas Day)\nMarkets closed: NYSE\, Nasdaq\, CBOE\, US options exchanges\, US bond markets (SIFMA full close)\nCME futures: Equity futures early close December 24; closed December 25; reopen Sunday\, December 27 at 5:00 p.m. CT\nNext full trading session: Monday\, December 28\, 2026\nFinal trading day of 2026: Thursday\, December 31\, 2026\n\nChristmas 2026: Markets and Trading Schedule\nThe NYSE Group has designated Friday\, December 25\, 2026\, as a full market holiday\, and Thursday\, December 24\, as an early-close day. On December 24\, equity trading will proceed normally from the 9:30 a.m. Eastern opening until the early close at 1:00 p.m. Eastern Time. Options markets will close at 1:15 p.m. Eastern Time. No late-day session or extended hours will be available on December 24. On December 25\, all trading will be suspended entirely. \nThe Securities Industry and Financial Markets Association (SIFMA) recommends a 2:00 p.m. Eastern Time early close for US Treasury and fixed income markets on December 24\, and a full close on December 25. Bond market participants should plan accordingly: trades executed in the morning of December 24 may face delayed settlement due to the early close\, and transactions in progress through year-end should account for the Christmas window when calculating settlement dates and counterparty obligations. \nCME Group equity index futures will operate on an abbreviated schedule around Christmas. Futures typically enter an early close period on December 24 and are fully closed December 25\, reopening for electronic trading on Sunday\, December 27\, at 5:00 p.m. Central Time (6:00 p.m. Eastern). Traders in commodity futures\, interest rate futures\, and foreign exchange futures should verify specific holiday schedules with CME Group\, as product-specific rules may differ from the equity futures schedule. \nWhy the Christmas Week Matters for Markets\nThe week of December 21-25\, 2026\, coincides with the end of the key December economic data flow and arrives immediately after the major central bank decisions of 2026. The FOMC Rate Decision December 2026 is scheduled for December 9-10\, and the Bank of England MPC Rate Decision December 2026 follows on December 17. By Christmas week\, the full monetary policy backdrop for 2026 will be established. Equity\, bond\, and currency markets will enter the holiday with known policy rates and forward guidance from the world’s major central banks\, making the Christmas closure period primarily about year-end positioning rather than policy surprise risk. \nYear-end rebalancing is the dominant theme in the days surrounding Christmas. Institutional investors — including pension funds\, sovereign wealth funds\, and multi-asset allocators — must bring portfolios in line with target weights before December 31. This can produce atypical buying or selling pressure in certain asset classes\, particularly in equities with large year-to-date gains or losses\, and in government bond markets as funds adjust duration. The combination of these flows with low liquidity in Christmas week can amplify short-term price movements that do not reflect fundamental changes in value. \nThe US Personal Income and Outlays (PCE) report for December 2026 is scheduled for release on December 23\, two days before Christmas. This report includes the Federal Reserve’s preferred measure of inflation (the PCE price index) and will be the last major economic data print before year-end. Markets may enter the Christmas break with either relief or concern depending on this reading\, as a significant surprise to the PCE figure close to year-end can shift 2027 rate expectations before participants return in January. \nThe Christmas-to-New-Year Trading Window\nThe period from December 28 to December 31 — the four trading days between Christmas and New Year — is one of the most unusual stretches of the financial calendar. Volumes are at their annual lows\, with many institutional desks operating on skeleton staffing and the bulk of macro trading activity already concluded before the holiday. Price movements during this period are often driven by index rebalancing\, tax-loss harvesting\, and window dressing (fund managers adjusting holdings to reflect well for year-end reports) rather than by fundamental news. \nThe Santa Claus rally — commonly defined as a tendency for the S&P 500 to generate positive returns in the final five trading days of one year and first two of the next — is widely discussed but historically inconsistent in magnitude and reliability. Whether such a pattern materialises in 2026 will depend heavily on the macro environment entering year-end: in years where inflation\, recession risk\, or monetary tightening have been dominant themes\, the seasonal tendency has frequently been overridden by fundamental pressures. Investors should treat seasonals as a backdrop context rather than a reliable trading signal. \nSettlement and Operational Implications\nThe early close on December 24 and the full closure on December 25 create specific settlement timing for equity trades. Under T+1 settlement rules\, trades executed on the full session of Thursday\, December 24 (before 1:00 p.m. Eastern)\, will settle on Monday\, December 28\, with the Friday holiday excluded from the settlement count. Trades executed before the 1:00 p.m. early close must go through the settlement system as normal\, and same-day settlement requests will not be accommodated for the post-Christmas holidays. \nYear-end settlement pressure is an additional consideration. Trades that must settle before December 31 — to book year-end gains or losses\, satisfy regulatory capital requirements\, or meet fund reporting deadlines — need to be executed no later than December 30\, the second-to-last trading day of 2026. Operations and treasury teams should build a settlement schedule around the Christmas closure and the short final trading week to avoid unintended year-end timing issues. \nRelated Events\n\nFOMC Rate Decision December 2026 — The Federal Reserve’s final policy meeting of 2026\, establishing the interest rate backdrop heading into the Christmas and year-end period.\nUS Personal Income and Outlays (PCE) December 2026 — Released December 23\, just before Christmas; the last major economic data print of 2026 and a key input to 2027 rate expectations.\nBank of England MPC Rate Decision December 2026 — The UK’s final monetary policy decision of 2026\, shaping cross-Atlantic rate differentials into the holiday period and new year.\n\nFrequently Asked Questions\nWhen do US markets close for Christmas 2026?\nUS equity markets close early at 1:00 p.m. Eastern Time on Thursday\, December 24\, 2026 (Christmas Eve). Markets are fully closed on Friday\, December 25\, 2026 (Christmas Day). The next full trading session is Monday\, December 28\, 2026\, which opens at 9:30 a.m. Eastern Time as normal. Options markets close at 1:15 p.m. Eastern Time on December 24. \nDo global markets also close for Christmas?\nMost of the world’s major equity exchanges close on or around December 25\, though the specific dates vary by country. The London Stock Exchange (LSE) closes on December 25 and December 26 (Boxing Day). Euronext exchanges (Paris\, Amsterdam\, Brussels) typically close on December 25. The Tokyo Stock Exchange and the Australian Securities Exchange (ASX) do not observe Christmas as a market holiday and trade normally. Currency and FX markets\, while technically open 24 hours\, experience significantly reduced liquidity around Christmas as European and US bank traders are absent. International investors should verify market hours for each jurisdiction. \nWhat is the last trading day of 2026?\nThe last trading day of 2026 is Thursday\, December 31\, 2026. US equity markets will be open for a normal session from 9:30 a.m. to 4:00 p.m. Eastern Time. New Year’s Day 2027 falls on a Friday\, January 1\, which will be a full market holiday. Markets reopen on Monday\, January 4\, 2027.
URL:https://www.financecalendar.com/event/nyse-nasdaq-christmas-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261225T000000
DTEND;TZID=America/New_York:20261225T235959
DTSTAMP:20260902T153311Z
CREATED:20260902T153311Z
LAST-MODIFIED:20260902T153311Z
UID:2602-1798156800-1798243199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Day 2026? Xetra Hours
DESCRIPTION:Frankfurt Stock Exchange (Xetra) are closed on Friday\, December 25\, 2026 for Christmas Day. \n\nNext holiday\nNew Year's Eve\, December 31\, 2026\nRegular hours\n9:00 am to 5:30 pm CET/CEST (Xetra); Frankfurt floor to 8:00 pm\n\nFull schedule and background: Xetra Holidays. \nUpdated September 2\, 2026 \n\n← Previous Xetra Holidays\nThe Frankfurt Stock Exchange (Xetra) is closed on Friday\, December 25\, 2026 for Christmas Day. This is one of the fixed public holidays observed across German and most European trading venues\, and no electronic or floor trading takes place on Xetra that day. Orders entered on the holiday do not execute; they are simply queued and will only be processed once the market reopens for the next scheduled trading session. Anyone holding German or European shares\, exchange-traded funds or derivatives linked to Xetra-listed instruments should expect no price movement\, no new fills and no settlement activity on December 25. For the full run of dates when Xetra is shut or trading shorter hours\, see the Xetra holiday calendar. \nBecause Xetra was also closed the previous day for Christmas Eve\, this creates a short back-to-back closure heading into the year-end period. Traders in London\, New York and Tokyo dealing in German equities\, DAX futures or related instruments should factor this into any cross-border hedging or rebalancing plans made in the final week of December. \nWhich markets are closed on Christmas Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nXetra (German equities)\nClosed\nNo cash equity trading\, all order types queued for next session\n\n\nFrankfurt Stock Exchange floor\nClosed\nFloor trading also suspended for the holiday\n\n\nEurex (German/European derivatives)\nClosed\nChristmas Day is a standard Eurex holiday across the group\n\n\nLondon Stock Exchange (LSE)\nClosed\nUK markets also observe Christmas Day as a bank holiday\n\n\nEuronext (Paris\, Amsterdam\, Brussels\, Lisbon)\nClosed\nChristmas Day is a group-wide Euronext holiday\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\nNew York Stock Exchange (NYSE) and Nasdaq\nClosed\nUS markets are also shut for Christmas Day\n\n\n\nThis table reflects officially published holiday calendars. Always check the exchange’s own calendar close to the date\, since schedules can occasionally be revised. \nIs the market open the day before and after?\nXetra was already closed the day before\, on Christmas Eve\, December 24\, 2026\, so there is no trading on either December 24 or December 25. The last trading session before this stretch was Wednesday\, December 23\, 2026\, with regular hours running from 9:00 am to 5:30 pm CET/CEST on Xetra\, with the Frankfurt floor extending to 8:00 pm. Trading is expected to resume on the next scheduled business day after Christmas\, unless that day is also a designated holiday under the exchange’s calendar. There is no early close attached to Christmas Day itself; the market is simply shut for the full session. \nWhy do markets close for Christmas Day?\nChristmas Day is a long-standing public and religious holiday across Germany and much of Europe\, and exchange operators such as Deutsche Börse align their trading calendars with national public holidays to avoid running markets when banks\, clearing houses\, corporate finance teams and most institutional staff are off work. Closing the market on days with thin staffing and low expected liquidity also reduces the risk of erratic price moves caused by low trading volumes. \nDeutsche Börse publishes its trading calendar well in advance each year so that brokers\, custodians and international counterparties can plan settlement cycles\, corporate actions and cross-border trades around the closure. \nWhat It Means for Your Money\nIf you place an order for a German stock or ETF on December 25\, it will simply sit unexecuted until the exchange reopens; nothing is lost\, but the timing of your trade shifts to the next available session. Settlement\, which normally completes two business days after a trade under the standard T+2 cycle used across most European markets\, will also be delayed by the closure\, so funds or shares may arrive in your account a day or two later than expected around this period. Dividend payment dates and options or futures expiries that would normally fall on or near December 25 are typically shifted to the nearest working day by the relevant exchange or clearing house. Bank transfers and card payments in the eurozone generally continue to work as normal\, since Christmas Day banking hours affect branch access more than electronic payments\, though some same-day transfers may be delayed until the next business day. Cryptocurrency markets\, unlike Xetra\, trade continuously and are unaffected by the holiday\, so bitcoin\, ether and other digital assets will continue to move in price throughout December 25. \nRemaining Xetra holidays in 2026\n\nNew Year’s Eve\, December 31\, 2026 (closed)\n\nFrequently Asked Questions\nIs the stock market open on Christmas Day 2026?\nNo. Xetra and the Frankfurt Stock Exchange are closed on Friday\, December 25\, 2026\, along with most major European exchanges including the LSE and Euronext. \nIs the bond market open on Christmas Day?\nGerman government bond trading and clearing activity linked to Xetra and Eurex are also suspended on Christmas Day\, in line with the equity market closure. \nWhat time does Xetra close on the last trading day before Christmas?\nXetra follows its regular hours of 9:00 am to 5:30 pm CET/CEST on the last trading day before the holiday period\, December 23\, 2026\, with the Frankfurt floor open until 8:00 pm. \nWhen is the next Xetra market holiday after Christmas Day?\nThe next scheduled closure is New Year’s Eve\, December 31\, 2026. \nAre German banks open on Christmas Day?\nNo. German banks are closed on December 25\, 2026\, alongside the stock market\, as Christmas Day is a nationwide public holiday. \n← Previous Xetra Holidays
URL:https://www.financecalendar.com/event/xetra-christmas-day-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261225T000000
DTEND;TZID=America/New_York:20261225T235959
DTSTAMP:20260902T153451Z
CREATED:20260902T153451Z
LAST-MODIFIED:20260902T153451Z
UID:2604-1798156800-1798243199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Day 2026? HKEX Hours
DESCRIPTION:Hong Kong Stock Exchange are closed on Friday\, December 25\, 2026 for Christmas Day. \n\nNext holiday\nNew Year's Eve (Half-Day Trading)\, December 31\, 2026\nRegular hours\n9:30 am to 12:00 pm and 1:00 pm to 4:00 pm HKT\n\nFull schedule and background: HKEX Holidays. \nUpdated September 2\, 2026 \n\n← Previous HKEX Holidays\nThe Hong Kong Stock Exchange (HKEX) is closed on Friday\, December 25\, 2026 for Christmas Day. This is a full-day market holiday\, meaning no trading takes place in equities\, derivatives or most other products listed on the exchange. Any orders placed on this date will simply queue and be processed when the market reopens for the next trading session. For the full run of dates\, see the HKEX holiday calendar. \nBecause HKEX is shut\, trade settlement that would normally occur on or around December 25 is pushed back by one business day. Investors holding Hong Kong-listed shares\, exchange-traded funds or derivatives should expect settlement timelines (typically T+2 for cash equities) to be adjusted around the closure. There is no partial or early-close session on Christmas Day itself; the market simply does not open. \nWhich markets are closed on Christmas Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nHKEX equities\nClosed\nNo cash equity trading on the Main Board or GEM\n\n\nHKEX derivatives (futures and options)\nClosed\nHang Seng Index and other listed derivatives do not trade\n\n\nHong Kong bond market\nClosed\nGovernment and corporate bond trading follows the exchange closure\n\n\nLondon Stock Exchange (LSE)\nClosed\nUK markets also observe Christmas Day as a public holiday\n\n\nEuronext\nClosed\nEuropean exchanges close for Christmas Day\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\nNYSE and Nasdaq\nClosed\nUS markets also close for Christmas Day\n\n\n\nThis means that on December 25\, 2026\, most of the major Western financial centres\, Hong Kong included\, will be shut simultaneously\, while some Asian markets such as Tokyo continue to trade on their normal schedule. Investors with globally diversified portfolios should check the specific holiday calendar for each exchange they are exposed to\, since Christmas closures are not universal across all regions. \nIs the market open the day before and after?\nThe trading day before Christmas\, December 24\, 2026\, is Christmas Eve\, which HKEX observes with a half-day session\, closing early at 12:00 pm Hong Kong time rather than the usual 4:00 pm close. Regular HKEX trading hours are normally 9:30 am to 12:00 pm and 1:00 pm to 4:00 pm HKT\, but the exchange closes the entire market during the mid-session break on early-close days like Christmas Eve rather than reopening for the afternoon block. \nHKEX reopens for normal full-day trading on the next business day following Christmas\, assuming no other holiday falls immediately afterwards. The next scheduled non-trading or shortened session after Christmas Day is New Year’s Eve\, December 31\, 2026\, which is also a half-day trading session with an early close at 12:00 pm Hong Kong time. \nWhy do markets close for Christmas Day?\nChristmas Day is one of the most widely observed public holidays across the world’s major financial centres\, reflecting the historical and cultural significance of the holiday in many of the jurisdictions where these exchanges operate. Hong Kong\, as a former British colony\, retained a number of Western holiday observances\, including Christmas Day\, alongside its own traditional Chinese holidays such as Lunar New Year. \nExchanges generally close on days when the majority of market participants\, from brokers to institutional traders to back-office settlement staff\, would otherwise be away from work. This reduces the risk of thin trading\, unusually wide spreads and operational errors that could arise from skeleton staffing on a day when liquidity would be unusually low. \nWhat It Means for Your Money\nIf you place an order through a broker on Christmas Day\, it will not execute immediately. Instead it sits in a queue and is processed once HKEX reopens for its next trading session. This is important if you are trying to react quickly to news\, since your trade will effectively be delayed by however many days the market remains shut. \nSettlement of trades\, dividend payments and options expiries that would ordinarily fall on December 25 are shifted to the next business day\, which can matter if you are relying on the timing of a payout or need funds to clear for another purpose. Bank transfers and other payment processing tied to Hong Kong’s banking system may also be slower around the holiday\, since banks typically follow the same closure. Note that this only affects traditional markets; cryptocurrency exchanges continue to trade 24 hours a day\, seven days a week\, including on Christmas Day\, so crypto holders are not affected by this closure in the same way. \nRemaining HKEX holidays in 2026\n\nNew Year’s Eve (Half-Day Trading)\, December 31\, 2026 (early close at 12:00 pm HKT)\n\nFrequently Asked Questions\nIs the stock market open on Christmas Day 2026 in Hong Kong?\nNo\, HKEX is fully closed on Friday\, December 25\, 2026 for Christmas Day. \nIs the bond market open on Christmas Day?\nNo\, the Hong Kong bond market follows the exchange’s closure and does not trade on Christmas Day. \nWhat time does HKEX close on Christmas Eve?\nHKEX observes a half-day session on Christmas Eve\, December 24\, 2026\, closing early at 12:00 pm Hong Kong time. \nWhen is the next HKEX market holiday after Christmas?\nThe next scheduled shortened session is New Year’s Eve\, December 31\, 2026\, with an early close at 12:00 pm Hong Kong time. \nAre banks open in Hong Kong on Christmas Day?\nBanks in Hong Kong typically observe the same public holiday as the stock exchange and are closed on Christmas Day. \n← Previous HKEX Holidays
URL:https://www.financecalendar.com/event/hkex-christmas-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261225T000000
DTEND;TZID=America/New_York:20261225T235959
DTSTAMP:20260902T153604Z
CREATED:20260902T153604Z
LAST-MODIFIED:20260902T153604Z
UID:2606-1798156800-1798243199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas 2026? NSE India Hours
DESCRIPTION:NSE India are closed on Friday\, December 25\, 2026 for Christmas. \n\nNext holiday\nRepublic Day\, January 26\, 2027\nRegular hours\n9:15 am to 3:30 pm IST\n\nFull schedule and background: NSE India Holidays. \nUpdated September 2\, 2026 \n\n← Previous NSE India Holidays\nThe National Stock Exchange of India (NSE) is closed on Friday\, December 25\, 2026 for Christmas. This applies to the equity\, derivatives and currency segments\, and the Bombay Stock Exchange (BSE) observes the same closure. No cash market\, futures or options trading takes place on NSE India that day\, and any pending orders will queue for the next trading session. For the full year-round schedule\, see the NSE India holiday calendar. \nBecause Christmas falls on a Friday in 2026\, Indian markets will have a three-day weekend\, with trading resuming on Monday\, December 29\, 2026. Investors placing orders on December 25 through their broker’s app or terminal will see those orders held until the market reopens\, and settlement of any trades executed on December 24 will follow the normal T+1 cycle into the reopening session. \nWhich markets are closed on Christmas 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nNSE India (equities)\nClosed\nCash market shut for Christmas\n\n\nNSE India (derivatives\, currency)\nClosed\nNo F&O or currency trading\n\n\nBSE (Bombay Stock Exchange)\nClosed\nObserves the same holiday as NSE\n\n\nMCX (commodities)\nClosed\nCommodity derivatives trading halted for the day\n\n\nLondon Stock Exchange (LSE)\nClosed\nUK observes Christmas Day as a bank holiday\n\n\nEuronext (Paris\, Amsterdam\, Brussels)\nClosed\nEuropean exchanges close for Christmas\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\nNew York Stock Exchange (NYSE) and Nasdaq\nClosed\nUS markets also close for Christmas Day\n\n\n\nIs the market open the day before and after?\nNSE India trades regular hours\, 9:15 am to 3:30 pm IST\, on Thursday\, December 24\, 2026\, with no scheduled early close. The exchange reopens for normal trading at 9:15 am IST on Monday\, December 29\, 2026. There is no half-day session built into the NSE calendar around Christmas\, unlike some US exchanges that shorten trading on the day before certain holidays. \nWhy do markets close for Christmas?\nChristmas is a public holiday across much of the world\, including India\, where it is a gazetted national holiday. NSE and BSE follow a fixed annual holiday list published in advance\, which includes major religious and national observances relevant to India’s diverse population alongside days such as Republic Day and Independence Day. Closing the market on Christmas reflects both the public holiday status and long-standing exchange practice of aligning trading days with bank and government office closures. \nWhat It Means for Your Money\nIf you hold Indian shares or mutual funds linked to NSE-listed stocks\, nothing will change in your portfolio’s value while the market is shut. Any buy or sell orders placed on Christmas will simply wait in the queue and execute once trading resumes on December 29. Settlement of trades from December 24 continues on its normal T+1 timetable\, meaning funds and shares move into accounts on the next working day after the trade\, adjusted for the holiday. If you have systematic investment plan (SIP) instalments or dividend payments scheduled for December 25\, these are typically processed by fund houses and companies with the holiday factored in\, so there should be no need to take action. Bank transfers within India may also be slower on Christmas Day itself\, since many banks observe the holiday\, though online transfers usually still clear. Anyone trading cryptocurrency is unaffected\, as those markets run 24 hours a day\, seven days a week\, unlike regulated stock exchanges. For most retail investors\, a market holiday simply means a short pause rather than any change in the underlying value of investments. \nRemaining NSE India holidays in 2026\nChristmas is the final scheduled trading holiday for NSE India in the 2026 calendar year. The next confirmed closure is Republic Day\, January 26\, 2027\, when the exchange will again be shut for the national holiday. For the complete list of dates throughout the year\, bookmark the NSE India holiday calendar. \nFrequently Asked Questions\nIs the stock market open on Christmas Day 2026 in India?\nNo. NSE India and BSE are both closed on Friday\, December 25\, 2026 for Christmas. \nWhat time does NSE India close on Christmas Eve?\nNSE India trades its regular hours\, 9:15 am to 3:30 pm IST\, on December 24\, 2026\, with no early close scheduled. \nWhen is the next NSE India market holiday after Christmas?\nThe next scheduled closure is Republic Day on January 26\, 2027\, according to the exchange’s published holiday list. \nAre Indian banks open on Christmas Day?\nMost Indian banks observe Christmas as a holiday and are closed for branch services\, though digital and online banking generally continues to operate. \nDoes the commodity market MCX also close for Christmas?\nYes. MCX\, India’s commodity derivatives exchange\, follows a holiday schedule aligned with NSE and is closed on December 25\, 2026. \n← Previous NSE India Holidays
URL:https://www.financecalendar.com/event/nse-india-christmas-2026/
CATEGORIES:Economic Indicators
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BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261225T000000
DTEND;TZID=America/New_York:20261225T235959
DTSTAMP:20260902T153709Z
CREATED:20260902T153709Z
LAST-MODIFIED:20260902T153709Z
UID:2608-1798156800-1798243199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Day 2026? ASX Hours
DESCRIPTION:Australian Securities Exchange are closed on Friday\, December 25\, 2026 for Christmas Day. \n\nNext holiday\nBoxing Day (Substitute)\, December 28\, 2026\nRegular hours\n10:00 am to 4:00 pm AEST/AEDT (closing auction to ~4:12 pm)\n\nFull schedule and background: ASX Holidays. \nUpdated September 2\, 2026 \n\nThe Australian Securities Exchange (ASX) is closed on Friday\, December 25\, 2026 for Christmas Day. No cash equities\, options or ASX 24 futures trading takes place\, and no orders placed that day will be executed or matched until the exchange reopens. Because Boxing Day (December 26) falls on a Saturday in 2026\, the substitute public holiday is observed on Monday\, December 28\, 2026\, so the ASX stays closed for two consecutive trading days. Full 2026 dates and background are on the ASX Holidays calendar. \nAny buy or sell orders entered on December 25 sit in the queue and are processed once trading resumes on Tuesday\, December 29\, 2026\, the next open session after the Boxing Day substitute holiday. \nWhich markets are closed on Christmas Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nASX equities (cash market)\nClosed\nNo trading or settlement\n\n\nASX 24 (futures and options)\nClosed\nFollows the cash market holiday calendar\n\n\nASX options\nClosed\nNo exercise or expiry processing\n\n\nNew York Stock Exchange and Nasdaq\nClosed\nBoth close for Christmas Day\n\n\nLondon Stock Exchange (LSE)\nClosed\nUK market holiday\n\n\nEuronext\nClosed\nParis\, Amsterdam and other Euronext venues close\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\n\nIs the market open the day before and after?\nThe trading session on Thursday\, December 24\, 2026 is expected to have a shortened session\, with ASX typically bringing forward the closing single price auction to around 2:10 pm AEDT on the days either side of Christmas and New Year\, according to an ASX Trade notice on holiday-period trading hours. The exchange then closes fully on Friday\, December 25 and Monday\, December 28 (the Boxing Day substitute holiday)\, with the next full trading day on Tuesday\, December 29\, 2026 running to the usual 10:00 am to 4:00 pm close described in the brief. \nWhy do markets close for Christmas Day?\nChristmas Day is one of the oldest and most widely observed public holidays across financial markets worldwide\, reflecting its status as a statutory holiday in Australia and most Western economies. Exchanges close so that staff\, brokers and clearing houses can observe the holiday alongside the rest of the workforce\, and because global liquidity thins sharply as US\, UK and European venues close at the same time\, leaving little reason to keep local order books open. \nWhat It Means for Your Money\nIf you hold Australian shares through a broker or superannuation fund\, nothing changes in value while the market is shut\, prices simply freeze until trading reopens on December 29. Any pending trade settles on the normal T+1 cycle once the market reopens\, so a trade placed just before the holiday may settle a day or two later than usual. Dividend record dates and options expiries scheduled near Christmas are typically shifted to the nearest trading day by the exchange\, so check the specific stock or contract if you are relying on a particular date. Bank transfers and payroll processing can also be slower around the holiday period because banks observe the same public holidays. Cryptocurrency markets are the exception: they trade 24/7\, including on Christmas Day\, unaffected by exchange closures. \nRemaining ASX holidays in 2026\n\nBoxing Day (Substitute)\, Monday\, December 28\, 2026: closed\nNew Year’s Eve\, Thursday\, December 31\, 2026: early close (around 2:10 pm AEDT)\n\nFrequently Asked Questions\nIs the stock market open on Christmas Day 2026?\nNo\, the ASX is closed on Friday\, December 25\, 2026 for the Christmas Day public holiday. \nIs the bond market open on Christmas Day?\nAustralian bond and money markets follow the same public holiday schedule as the ASX and are closed on December 25\, 2026. \nWhat time does the ASX close before Christmas?\nASX historically brings the closing auction forward to around 2:10 pm AEDT on the trading day before Christmas\, based on past holiday-period trading notices from the exchange. \nWhen is the next ASX market holiday after Christmas?\nThe next closure is Boxing Day (observed as a substitute holiday)\, which falls on Monday\, December 28\, 2026 because the actual Boxing Day date lands on a Saturday. \nAre Australian banks open on Christmas Day?\nNo\, Australian banks are closed on December 25\, 2026 along with the stock exchange\, as Christmas Day is a nationwide public holiday.
URL:https://www.financecalendar.com/event/asx-christmas-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261225T000000
DTEND;TZID=America/New_York:20261225T235959
DTSTAMP:20260902T153840Z
CREATED:20260902T153839Z
LAST-MODIFIED:20260902T153840Z
UID:2610-1798156800-1798243199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Day 2026? SIX Swiss Hours
DESCRIPTION:SIX Swiss Exchange are closed on Friday\, December 25\, 2026 for Christmas Day. \n\nNext holiday\nNew Year's Eve\, December 31\, 2026\nRegular hours\n9:00 am to 5:30 pm CET/CEST\n\nFull schedule and background: SIX Swiss Holidays. \nUpdated September 2\, 2026 \n\n← Previous SIX Swiss Holidays\nThe SIX Swiss Exchange is closed on Friday\, December 25\, 2026 for Christmas Day. No equities\, bonds or derivatives trade on the Swiss market that day\, and any orders entered will queue for the next trading session. This holiday closure is part of the standard annual calendar published by SIX. For the full list of dates\, see the SIX Swiss Holidays hub page. \nBecause December 25 falls on a Friday in 2026\, the exchange has a genuine long weekend\, with normal trading resuming on the next business day. Investors holding Swiss-listed shares\, exchange-traded funds or structured products should expect no price updates\, no order execution and no settlement activity from SIX on this date. \nWhich markets are closed on Christmas Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nSIX Swiss Exchange (equities)\nClosed\nFull-day closure for Christmas Day\n\n\nSIX Swiss Exchange (bonds)\nClosed\nBond trading follows the same exchange calendar\n\n\nSIX structured products and derivatives\nClosed\nNo new listings or trading executed\n\n\nNew York Stock Exchange and Nasdaq\nClosed\nUS markets also observe Christmas Day\n\n\nLondon Stock Exchange\nClosed\nUK market holiday for Christmas Day\n\n\nEuronext\nClosed\nPan-European exchange group closed for Christmas\n\n\nTokyo Stock Exchange\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\n\nMost major European exchanges close in step with SIX on December 25\, reflecting the shared cultural observance of Christmas across the region. Asian markets such as Tokyo generally continue trading as normal\, since Christmas is not a public holiday there. \nIs the market open the day before and after?\nThursday\, December 24\, 2026\, Christmas Eve\, is a separate trading day covered on its own page: SIX Swiss Christmas Eve 2026. Trading on the SIX Swiss Exchange resumes with regular hours\, 9:00 am to 5:30 pm CET/CEST\, on the next business day after December 25\, unless that day is itself affected by the weekend or another holiday. Investors should check the exchange calendar directly for the exact reopening date\, since December 26 in some years falls on a weekend or is itself a public holiday in parts of Switzerland. \nThere is no scheduled early close attached to Christmas Day itself; the exchange is either fully open under regular hours or fully closed\, with no partial trading session recorded for this holiday. \nWhy do markets close for Christmas Day?\nChristmas Day is one of the oldest and most widely observed public holidays across Europe\, reflecting the Christian tradition and a long-standing custom of allowing bank and market staff\, along with the wider public\, to take the day off with family. Swiss financial institutions\, like most of their European counterparts\, coordinate their market calendars around this shared holiday to avoid thin trading and reduced staffing. \nBecause settlement\, clearing and custody functions rely on bank staff being available\, exchanges close entirely rather than run with skeleton crews. This approach mirrors the practice at other major European venues\, including London and the Euronext markets\, which also close for Christmas Day. \nWhat It Means for Your Money\nIf you place an order for a Swiss-listed stock or fund on December 25\, it will simply wait in the queue and be processed when the exchange reopens; nothing is lost\, but execution is delayed. Settlement\, the point at which shares and cash actually change hands\, typically follows a T+1 or T+2 cycle depending on the instrument\, so a closed trading day pushes back the final settlement date accordingly. \nDividend payments and options expiry dates that would normally fall on December 25 are usually shifted to the next business day by the relevant calculation agents\, so check the specific terms of any holding you own. Bank transfers between Swiss accounts may also be delayed\, since many banks reduce staffing or close entirely for the holiday\, similar to bank holidays in the UK and US. Cryptocurrency markets are unaffected by any of this\, since they trade continuously\, 24 hours a day\, seven days a week\, regardless of traditional exchange holidays. \nFor pension savers and long-term investors\, a single closed trading day rarely has a lasting effect on portfolio value; it mainly affects the timing of trade execution and cash movements rather than the underlying value of investments held. \nRemaining SIX Swiss holidays in 2026\n\nNew Year’s Eve\, December 31\, 2026 (closed)\n\nAfter Christmas Day\, New Year’s Eve on December 31\, 2026 is the final closure on the SIX calendar for the year\, rounding off a holiday schedule that closely tracks the Swiss public holiday calendar and aligns broadly with other major European exchanges. \nFrequently Asked Questions\nIs the stock market open on Christmas Day 2026 in Switzerland?\nNo\, the SIX Swiss Exchange is fully closed on Friday\, December 25\, 2026 for Christmas Day. \nIs the bond market open on Christmas Day 2026?\nNo\, Swiss bond trading on SIX follows the same exchange calendar and is closed on December 25\, 2026. \nWhat time does the Swiss market close on Christmas Eve?\nDetails of any early close on December 24\, 2026 are covered on the dedicated SIX Swiss Christmas Eve 2026 page. \nWhen is the next SIX Swiss market holiday after Christmas?\nThe next scheduled closure is New Year’s Eve\, December 31\, 2026. \nAre Swiss banks open on Christmas Day?\nMost Swiss banks are closed or operate with reduced services on December 25\, 2026\, in line with the national public holiday. \n← Previous SIX Swiss Holidays
URL:https://www.financecalendar.com/event/six-swiss-christmas-day-2026/
CATEGORIES:Economic Indicators
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DTEND;TZID=America/New_York:20261225T235959
DTSTAMP:20260902T154008Z
CREATED:20260902T154008Z
LAST-MODIFIED:20260902T154008Z
UID:2612-1798156800-1798243199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Day 2026? CME Futures Hours
DESCRIPTION:CME Group Futures are closed on Friday\, December 25\, 2026 for Christmas Day. \n\nNext holiday\nNew Year's Day\, January 1\, 2027\nRegular hours\n5:00 pm to 4:00 pm CT (Sun-Fri\, with 4:00-5:00 pm daily maintenance break)\n\nFull schedule and background: CME Futures Holidays. \nUpdated September 2\, 2026 \n\n← Previous CME Futures Holidays\nCME Group futures markets are closed on Friday\, December 25\, 2026 for Christmas Day. This is a full-day closure across CME’s major futures complexes\, including equity index\, interest rate\, energy\, metals and agricultural products. No trading\, clearing or settlement activity takes place on CME Globex that day. Any resting orders will carry over and become active again when trading resumes. For the full year-round schedule\, see the CME futures holiday calendar. \nBecause Christmas Day falls on a Friday in 2026\, the closure extends the holiday period for many market participants into a longer weekend. Traders and hedgers who need to adjust positions ahead of the holiday should note that liquidity typically thins on the trading session immediately before a full closure\, known in futures markets as Christmas Eve. \nWhich markets are closed on Christmas Day 2026?\nChristmas Day is one of the most widely observed market holidays globally\, though the exact closures vary by exchange and asset class. \n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nCME Group Futures\nClosed\nAll products\, including equity index\, rates\, FX\, energy and agricultural futures\n\n\nNYSE and Nasdaq\nClosed\nUS cash equities closed for the full trading day\n\n\nUS Bond Market (SIFMA)\nClosed\nSIFMA recommends a full close for Christmas Day\n\n\nUS Options (Cboe)\nClosed\nEquity and index options do not trade\n\n\nLondon Stock Exchange (LSE)\nClosed\nUK markets close for Christmas Day and the following Boxing Day\n\n\nEuronext\nClosed\nParis\, Amsterdam\, Brussels and other Euronext venues are closed\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas as a public holiday\n\n\nCryptocurrency markets\nOpen (regular hours)\nCrypto exchanges trade continuously\, 24 hours a day\, 7 days a week\n\n\n\nIs the market open the day before and after?\nThe trading session on Christmas Eve\, Thursday\, December 24\, 2026\, sees an early close across most US markets. NYSE and Nasdaq typically close at 1:00 pm ET that day\, and CME futures also shorten their trading hours ahead of the holiday. Full details are on the CME Futures Christmas Eve early close page. \nMarkets resume normal trading hours on the next business day after Christmas\, which falls on Monday\, December 28\, 2026\, since December 26 and 27 are a weekend. Regular CME futures hours run from 5:00 pm to 4:00 pm CT\, Sunday through Friday\, with a daily maintenance break between 4:00 pm and 5:00 pm CT. \nWhy do markets close for Christmas Day?\nChristmas Day has been observed as a market holiday in the United States and most of the developed world for well over a century\, reflecting the day’s status as a public and religious holiday across much of the West. Exchanges close so that staff\, brokers and traders can take the day off alongside the wider workforce\, and because trading volumes would be extremely thin with many desks in Europe\, the US and elsewhere unstaffed. \nCME Group aligns its futures calendar closely with the cash equity and bond market holiday schedules in the US\, which is why a Christmas closure applies across nearly all of its product lines rather than just financial futures. \nWhat It Means for Your Money\nIf you place an order on Christmas Day through a broker linked to CME futures\, it will simply queue and execute once trading resumes on the next open session. There is no market activity to react to news released on the holiday itself\, so any economic data or corporate announcements that land on December 25 will only be priced in once markets reopen. \nSettlement of trades follows the standard T+1 cycle once markets are open again\, so a trade executed on the day before or after the holiday settles one business day later\, adjusted for the closure. Options and futures contracts due to expire around this period are not affected in terms of their expiry date\, but the reduced number of trading days can compress the time available to manage positions. \nBanks in the US and UK are generally closed for the Christmas public holiday too\, which can delay wire transfers\, mortgage completions and payroll processing that would normally fall on December 25. If you are paid through direct deposit and payday lands on or near the holiday\, your employer may move the payment to the preceding business day. Pension contributions and dividend payments scheduled around the holiday are typically processed on the next working day. Cryptocurrency markets\, unlike traditional exchanges\, continue trading throughout the holiday since they operate 24 hours a day with no scheduled closures. \nRemaining CME Futures holidays in 2026\nDecember 25 is the final full-day closure on the CME futures calendar for 2026. The next scheduled holiday closure is New Year’s Day\, Friday\, January 1\, 2027\, which will also be a full closure. For the complete list of 2026 dates\, including early closes\, see the CME futures holiday calendar. \nFrequently Asked Questions\nIs the stock market open on Christmas Day 2026?\nNo. NYSE\, Nasdaq and CME futures are all closed on Friday\, December 25\, 2026 for Christmas Day. \nIs the bond market open on Christmas Day 2026?\nNo. SIFMA recommends a full closure of the US bond market on Christmas Day\, matching the equity and futures market closure. \nWhat time does the market close on Christmas Eve 2026?\nUS cash equities typically close early at 1:00 pm ET on Christmas Eve\, December 24\, 2026\, and CME futures also shorten their trading session ahead of the holiday. \nWhen is the next market holiday after Christmas Day 2026?\nThe next scheduled full market closure is New Year’s Day\, Friday\, January 1\, 2027. \nAre banks open on Christmas Day 2026?\nNo. Banks in the United States and the United Kingdom are closed for the Christmas public holiday\, which can delay transfers and payroll processing scheduled for that day. \n← Previous CME Futures Holidays
URL:https://www.financecalendar.com/event/cme-futures-christmas-day-2026/
CATEGORIES:Economic Indicators
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DTSTART;TZID=America/New_York:20261225T000000
DTEND;TZID=America/New_York:20261225T235959
DTSTAMP:20260902T154241Z
CREATED:20260902T154241Z
LAST-MODIFIED:20260902T154241Z
UID:2614-1798156800-1798243199@www.financecalendar.com
SUMMARY:Is the Bond Market Open on Christmas Day 2026? SIFMA Hours
DESCRIPTION:US Bond Market (SIFMA) are closed on Friday\, December 25\, 2026 for Christmas Day. \n\nNext holiday\nNew Year's Eve (Early Close)\, December 31\, 2026\nRegular hours\n8:00 am to 5:00 pm ET (SIFMA recommended)\n\nFull schedule and background: Bond Market Holidays. \nUpdated September 2\, 2026 \n\n← Previous Bond Market Holidays\nThe US bond market is closed on Friday\, December 25\, 2026 for Christmas Day. The Securities Industry and Financial Markets Association (SIFMA)\, which issues recommended trading hours for fixed income markets in the United States\, has recommended a full market close for the day. Because Christmas Day falls on a Friday in 2026\, the bond market will remain shut for a normal weekday and reopen on Monday\, December 28\, 2026. Orders and settlements that would normally process on December 25 roll forward to the next open business day. This page covers the bond market specifically; for the full annual list of dates\, see the bond market holiday calendar. \nEquity markets follow the same pattern. The New York Stock Exchange and Nasdaq are also closed on December 25 every year\, so both stocks and bonds pause trading simultaneously across the United States. \nWhich markets are closed on Christmas Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nUS Bond Market (SIFMA)\nClosed\nFull close recommended by SIFMA for cash and repo trading\n\n\nNYSE and Nasdaq (equities)\nClosed\nStandard federal market holiday observed every year\n\n\nCME futures\nClosed\nTrading floors and most electronic sessions halted for the holiday\n\n\nUS options markets\nClosed\nNo new trades or expirations processed on the holiday\n\n\nLondon Stock Exchange\nClosed\nUK exchanges observe Christmas Day and Boxing Day as bank holidays\n\n\nEuronext\nClosed\nChristmas Day is a standard closure across Euronext venues\n\n\nTokyo Stock Exchange\nOpen (regular hours)\nJapan does not observe Christmas Day as a market holiday\n\n\n\nIs the market open the day before and after?\nThursday\, December 24\, 2026 (Christmas Eve) is a regular trading day for the bond market\, though SIFMA has in some years recommended an early close ahead of the holiday. Check the SIFMA holiday schedule for confirmation closer to the date. The next trading day after Christmas is Monday\, December 28\, 2026\, when both bond and equity markets reopen for normal hours\, which for the bond market run from 8:00 am to 5:00 pm ET (SIFMA recommended). There is no early close scheduled for Christmas Eve itself in the current SIFMA calendar beyond the usual recommendation\, so investors should treat December 24 as a full session unless SIFMA issues an update. \nWhy do markets close for Christmas Day?\nChristmas Day has been observed as a market holiday in the United States for well over a century\, reflecting its status as a federal holiday and the near-universal closure of banks\, government offices and most businesses. Because bond trading\, unlike some other financial activity\, depends heavily on bank staffing\, settlement systems and government bond auctions\, SIFMA aligns its recommended holiday schedule with the federal calendar so that dealers\, custodians and clearing houses can all close together without leaving any part of the settlement chain running short-staffed. \nThe coordinated closure also avoids the risk of thin trading. With most major participants away from their desks\, keeping markets open on Christmas Day would mean unusually low liquidity and wider spreads\, which is generally seen as unhelpful for price discovery. Closing the market entirely removes that risk and gives staff at banks\, clearing firms and exchanges the holiday off alongside the rest of the country. \nWhat It Means for Your Money\nIf you place a bond trade\, place an order with your broker\, or set up an automatic transfer on December 25\, it will simply queue and be processed when the market reopens on December 28\, 2026. Settlement\, which is the point at which cash and securities actually change hands\, follows a T+1 timetable for most US Treasury and corporate bond trades\, meaning a trade executed on the 24th settles on the 28th once the holiday is skipped. Anyone expecting a bond coupon payment or a maturing Treasury bill around this date may see the payment credited a day later than usual because banks are closed. Bank transfers\, wire payments and payroll runs that would normally clear on December 25 are also delayed until the next business day\, so employees paid around the holiday should expect funds to land on or after December 28. Mortgage and savings rates are not directly affected by a single closed trading day\, though the bond market’s reopening reaction on December 28 can move Treasury yields\, which in turn feed through to mortgage pricing and savings account rates over the following days. Cryptocurrency markets are unaffected because they trade 24 hours a day\, seven days a week\, including on Christmas Day. \nRemaining SIFMA bond market holidays in 2026\n\nNew Year’s Eve (Early Close)\, December 31\, 2026\, closing at 2:00 pm ET\n\nFrequently Asked Questions\nIs the bond market open on Christmas Day 2026?\nNo. SIFMA recommends a full close of the US bond market on Friday\, December 25\, 2026. \nIs the stock market open on Christmas Day 2026?\nNo\, the NYSE and Nasdaq are also closed on December 25\, 2026\, alongside the bond market. \nWhat time does the bond market normally close?\nOn a regular trading day the SIFMA-recommended hours run from 8:00 am to 5:00 pm ET. \nWhen is the next bond market holiday after Christmas?\nThe next SIFMA date is New Year’s Eve\, December 31\, 2026\, which is an early close recommended to end at 2:00 pm ET rather than a full closure. \nAre banks open on Christmas Day?\nNo. Christmas Day is a federal holiday in the United States\, so banks are closed and electronic transfers and payroll deposits scheduled for that day are processed on the next business day. \n← Previous Bond Market Holidays
URL:https://www.financecalendar.com/event/bond-market-christmas-day-2026/
CATEGORIES:Economic Indicators
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DTSTART;TZID=America/New_York:20261225T000000
DTEND;TZID=America/New_York:20261225T235959
DTSTAMP:20260902T154324Z
CREATED:20260902T154324Z
LAST-MODIFIED:20260902T154324Z
UID:2616-1798156800-1798243199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Day 2026? Euronext Hours
DESCRIPTION:Euronext (Paris\, Amsterdam\, Brussels\, Lisbon) are closed on Friday\, December 25\, 2026 for Christmas Day. \n\nNext holiday\nNew Year's Eve (Half Trading Day)\, December 31\, 2026\nRegular hours\n9:00 am to 5:30 pm CET/CEST\n\nFull schedule and background: Euronext Holidays. \nUpdated September 2\, 2026 \n\n← Previous Euronext Holidays\nEuronext\, the pan-European exchange operating markets in Paris\, Amsterdam\, Brussels and Lisbon\, is closed all day on Friday\, December 25\, 2026 for Christmas Day. No cash equity\, ETF or derivatives trading takes place on any Euronext venue. Orders entered that day will queue and be handled when the market reopens for the next trading session. See the full Euronext holiday calendar for the rest of the year. \nWhich markets are closed on Christmas Day 2026?\nChristmas Day is one of the most widely observed market holidays worldwide\, so most major exchanges are shut\, though a few operate on different local calendars. \n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nEuronext (Paris\, Amsterdam\, Brussels\, Lisbon)\nClosed\nRegular hours otherwise 9:00 am to 5:30 pm CET/CEST\n\n\nLondon Stock Exchange (LSE)\nClosed\nUK bank holiday for Christmas Day\n\n\nNew York Stock Exchange and Nasdaq\nClosed\nUS market holiday\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nChristmas is not a public holiday in Japan\n\n\nUS bond market (SIFMA)\nClosed\nFull market close recommended by SIFMA\n\n\nCME futures\nClosed\nMost CME products halt trading for the holiday\n\n\nOptions markets (Euronext)\nClosed\nNo listed options trading on Euronext venues\n\n\n\nAlways check the official Euronext trading hours and holidays page for the definitive schedule\, since local exceptions can apply (for example\, Milan and Oslo sometimes follow slightly different calendars). \nIs the market open the day before and after?\nThursday\, December 24\, 2026 (Christmas Eve) is a half trading day on Euronext\, closing early. The next full trading session after Christmas Day is Monday\, December 28\, 2026\, assuming no further local holiday applies to a specific Euronext market. Traders should note that year-end liquidity is typically thinner in the days around Christmas\, which can widen bid-ask spreads. \nWhy do markets close for Christmas Day?\nChristmas Day is a long-standing public and religious holiday across Europe\, and exchanges have closed for it for as long as organised trading has existed in these cities. Keeping markets shut on days when most staff\, clients and counterparties are away from their desks reduces the risk of illiquid\, erratic trading and lets clearing and settlement systems pause safely. \nEuronext\, formed from the merger of the Paris\, Amsterdam\, Brussels and Lisbon exchanges\, aligns its holiday calendar across all four venues for consistency\, even though each city has its own national bank holiday traditions the rest of the year. \nWhat It Means for Your Money\nIf you place an order on Christmas Day through a broker connected to Euronext\, it will simply wait in the queue until trading resumes\, usually on the next business day. Settlement of trades made just before the holiday may take an extra day to complete because most markets settle on a T+1 basis (trade date plus one business day)\, and settlement dates skip market holidays. Dividend payments and options expiries scheduled around this period are typically moved to the nearest trading day by the relevant exchange or company. Bank transfers and payroll runs across the eurozone and UK can also be delayed a day or two\, since many high-street banks and clearing systems close for the holiday too. Cryptocurrency markets are unaffected\, as they trade 24 hours a day\, seven days a week\, including public holidays. \nRemaining Euronext holidays in 2026\n\nChristmas Eve (Half Trading Day)\, December 24\, 2026\, early close\nNew Year’s Eve (Half Trading Day)\, December 31\, 2026\, early close at 2:05 pm local time\n\nFrequently Asked Questions\nIs the stock market open on Christmas Day 2026?\nNo. Euronext markets in Paris\, Amsterdam\, Brussels and Lisbon are closed all day on Friday\, December 25\, 2026. \nIs the bond market open on Christmas Day?\nIn the US\, SIFMA recommends a full close of the bond market on Christmas Day\, and European government bond trading also pauses in line with the equity market holiday. \nWhat time does Euronext close on Christmas Eve?\nDecember 24\, 2026 is a half trading day\, so Euronext markets close earlier than the usual 5:30 pm CET/CEST finish\, though the precise early close time can vary slightly by venue. \nWhen is the next Euronext market holiday after Christmas?\nThe next holiday is New Year’s Eve (Half Trading Day) on December 31\, 2026\, when Euronext markets close early ahead of the new year. \nAre banks open on Christmas Day in Europe?\nNo. Banks across France\, the Netherlands\, Belgium and Portugal are closed on Christmas Day\, which is why transfers and payments initiated that day are usually processed on the next business day. \n← Previous Euronext Holidays
URL:https://www.financecalendar.com/event/euronext-christmas-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261225T000000
DTEND;TZID=America/New_York:20261225T235959
DTSTAMP:20260902T154415Z
CREATED:20260902T154415Z
LAST-MODIFIED:20260902T154415Z
UID:2618-1798156800-1798243199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Day 2026? TSX Hours
DESCRIPTION:Toronto Stock Exchange are closed on Friday\, December 25\, 2026 for Christmas Day. \n\nNext holiday\nBoxing Day (In Lieu)\, December 28\, 2026\nRegular hours\n9:30 am to 4:00 pm ET\n\nFull schedule and background: TSX Holidays. \nUpdated September 2\, 2026 \n\n← Previous TSX Holidays\nThe Toronto Stock Exchange (TSX) is closed on Friday\, December 25\, 2026 for Christmas Day. The TSX Venture Exchange\, TSX Alpha Exchange and the Montreal Exchange follow the same schedule. No orders will be filled and no trades will settle on this date. Any orders queued on December 25 will be held and processed when trading resumes on the next business day. See the full TSX holiday calendar for the rest of 2026. \nBecause December 26\, 2026 falls on a Saturday\, the Boxing Day holiday is observed in lieu on Monday\, December 28\, 2026\, so Canadian markets are closed for two trading days in a row over the holiday period. \nWhich markets are closed on Christmas Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nTSX and TSXV equities\nClosed\nChristmas Day holiday\n\n\nTSX Alpha Exchange\nClosed\nFollows TSX schedule\n\n\nMontreal Exchange (derivatives)\nClosed\nOptions and futures markets closed for the holiday\n\n\nNYSE and Nasdaq (US equities)\nClosed\nChristmas Day is also a US federal market holiday on December 25\, 2026\n\n\nUS bond market (SIFMA)\nClosed\nRecommended full close\n\n\nLondon Stock Exchange (LSE)\nClosed\nChristmas Day bank holiday in the UK\n\n\nEuronext\nClosed\nChristmas Day holiday across Euronext venues\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\n\nIs the market open the day before and after?\nOn Thursday\, December 24\, 2026 (Christmas Eve)\, the TSX and TSXV close early at 1:00 pm ET instead of the usual 4:00 pm ET close. Regular hours on that day still start at 9:30 am ET. Once markets close early on December 24\, they stay closed on December 25 for Christmas Day\, and remain closed on Monday\, December 28\, 2026 for the Boxing Day holiday observed in lieu (because the actual date\, December 26\, falls on a Saturday). Normal trading\, running 9:30 am to 4:00 pm ET\, resumes on Tuesday\, December 29\, 2026. \nWhy do markets close for Christmas Day?\nChristmas Day is a statutory holiday across Canada\, and exchanges close so that staff\, brokers and clearing houses can observe the public holiday along with the rest of the country. Closing avoids thin\, illiquid trading on a day when most market participants\, corporate desks and support services are unavailable. \nThe extended closure into Boxing Day (or its observed date when the 26th falls on a weekend) reflects a long-standing Canadian convention of treating the days around Christmas as a single holiday block for financial markets\, similar to practice on the London Stock Exchange. \nWhat It Means for Your Money\nIf you place an order through a Canadian broker on December 25 or 28\, 2026\, it will simply sit in the queue and execute when the market reopens on December 29. Trades that do execute on December 24 will settle one business day later under the standard T+1 settlement cycle\, so plan around the holiday closures if you need funds or shares to settle by a specific date. Dividend record dates and options expiries scheduled near the holiday are typically shifted to account for the closures\, so check the specific security’s calendar rather than assuming a standard timetable. Canadian banks generally operate on their own holiday schedule\, which usually mirrors the exchange closures on December 25 and the observed Boxing Day\, so in-branch banking and some transfers may be delayed\, though online payments and direct deposits (including payroll near year end) can still be affected by processing cut-offs. Cryptocurrency markets\, unlike the TSX\, trade continuously through the holiday since they are not tied to a physical exchange’s opening hours. \nRemaining TSX holidays in 2026\n\nBoxing Day (In Lieu)\, Monday\, December 28\, 2026\n\nFrequently Asked Questions\nIs the stock market open on Christmas Day 2026?\nNo. The TSX\, TSXV\, TSX Alpha and Montreal Exchange are all closed on Friday\, December 25\, 2026\, along with US markets including the NYSE and Nasdaq. \nIs the bond market open on Christmas Day 2026?\nNo. The Canadian and US bond markets\, including SIFMA-recommended hours\, are closed for Christmas Day. \nWhat time does the TSX close on Christmas Eve 2026?\nThe TSX and TSXV close early at 1:00 pm ET on Thursday\, December 24\, 2026\, ahead of the Christmas Day holiday. \nWhen is the next TSX market holiday after Christmas?\nThe next closure is Boxing Day (In Lieu) on Monday\, December 28\, 2026\, since the actual Boxing Day date falls on a Saturday. \nAre Canadian banks open on Christmas Day?\nMost Canadian banks close their branches on December 25 and typically also on the observed Boxing Day holiday\, though online and mobile banking services generally remain accessible. \n← Previous TSX Holidays
URL:https://www.financecalendar.com/event/tsx-christmas-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261225T000000
DTEND;TZID=America/New_York:20261225T235959
DTSTAMP:20260902T154540Z
CREATED:20260902T154540Z
LAST-MODIFIED:20260902T154540Z
UID:2620-1798156800-1798243199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Christmas Day 2026? LSE Hours
DESCRIPTION:London Stock Exchange are closed on Friday\, December 25\, 2026 for Christmas Day. \n\nNext holiday\nBoxing Day (Substitute)\, December 28\, 2026\nRegular hours\n8:00 am to 4:30 pm UK time\n\nFull schedule and background: LSE Holidays. \nUpdated September 2\, 2026 \n\n← Previous LSE Holidays\nThe London Stock Exchange is closed on Friday\, December 25\, 2026 for Christmas Day. This is a full-day closure\, meaning no regular trading session takes place on the LSE main market\, and this applies to equities\, exchange-traded funds and most other listed instruments handled through the exchange’s standard order books. Any orders placed with a broker on Christmas Day will simply queue and be processed when the market reopens. For a full list of upcoming closures\, see the LSE holiday calendar. \nBecause December 25 falls on a Friday in 2026\, the LSE will also be closed the following Monday\, December 28\, for the substitute Boxing Day holiday\, extending the break to a long weekend for UK investors. Trading resumes on Tuesday\, December 29\, 2026. \nWhich markets are closed on Christmas Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nLondon Stock Exchange (equities)\nClosed\nFull-day closure\, no cash equity trading\n\n\nUK Gilts\nClosed\nFollows LSE holiday schedule\n\n\nICE Futures Europe (London)\nClosed\nNo trading in UK-listed derivatives\n\n\nNew York Stock Exchange and Nasdaq\nClosed\nUS markets also observe Christmas Day\n\n\nEuronext (Paris\, Amsterdam\, Brussels)\nClosed\nChristmas Day is a shared European holiday\n\n\nTokyo Stock Exchange\nOpen (regular hours)\nJapan does not observe Christmas as a market holiday\n\n\nCryptocurrency exchanges\nOpen\nCrypto markets trade 24 hours a day\, every day of the year\n\n\n\nInvestors holding a globally diversified portfolio should note that while London\, New York and most of continental Europe are shut\, some Asian markets\, including Tokyo\, continue to trade on December 25\, though many will also be quiet around their own New Year holidays. \nIs the market open the day before and after?\nThe trading day before Christmas\, Thursday\, December 24\, 2026\, is a regular full session on the LSE with standard hours of 8:00 am to 4:30 pm UK time\, according to the London Stock Exchange’s official business days schedule. There is no early close scheduled for Christmas Eve 2026 on the LSE main market itself\, though some related derivatives markets occasionally shorten their sessions around the festive period\, so traders using futures or options should check with their broker. \nThe next trading day after Christmas is not December 26\, as might be expected\, but Tuesday\, December 29\, 2026\, because both December 25 and the substitute Boxing Day holiday on December 28 fall on market closures. Anyone placing an order on Christmas Day or over that weekend will see it queue for execution when the market reopens on the 29th. \nWhy do markets close for Christmas Day?\nChristmas Day has been observed as a public holiday in the United Kingdom for centuries\, and financial markets have long followed the same closures as banks and other public institutions. The London Stock Exchange\, like most major exchanges around the world\, treats December 25 as a non-trading day out of respect for the widely observed religious and cultural holiday\, and to allow staff\, brokers and support services time off. \nThis pattern is shared internationally. Nearly every major Western exchange\, including the New York Stock Exchange\, Nasdaq and the Euronext group\, closes on Christmas Day\, which creates a genuinely quiet 24-hour period for global equity and bond trading\, interrupted only by markets in regions that do not mark the holiday\, such as much of East Asia. \nWhat It Means for Your Money\nIf you have a pending trade\, it will simply wait in the queue until the exchange reopens on December 29\, 2026\, so there is no need to resubmit an order. Settlement\, the process by which shares and cash actually change hands after a trade\, will also be delayed by the closure. Under the standard T+1 settlement cycle now used in many markets\, a trade executed on December 24 would normally settle the next business day\, but because December 25 and 28 are both holidays\, settlement will push out to December 29. \nDividend payment dates and options expiry dates that would ordinarily fall on December 25 are automatically shifted to the next business day by exchanges and registrars\, so investors expecting a payout around Christmas should expect it to land slightly later than usual. UK bank transfers and payroll runs due on Christmas Day are typically processed a day or two early or late by banks\, since the Bank of England’s payment systems are also closed for the holiday. Mortgage and savings rates are unaffected by the closure itself\, though any Bank of England announcements or rate decisions are never scheduled on public holidays. Cryptocurrency markets remain the exception\, trading 24 hours a day throughout the festive period with no closures at all. \nRemaining LSE holidays in 2026\n\nBoxing Day (Substitute)\, December 28\, 2026\, closed\nNew Year’s Eve\, December 31\, 2026\, early close at 12:30 pm UK time\n\nFrequently Asked Questions\nIs the stock market open on Christmas Day 2026?\nNo\, the London Stock Exchange and most other major global exchanges\, including the New York Stock Exchange and Nasdaq\, are closed on Friday\, December 25\, 2026. \nIs the bond market open on Christmas Day?\nNo\, UK gilt trading follows the same closure as the LSE equity market\, and US bond markets also observe the holiday. \nWhat time does the market close before Christmas?\nOn Thursday\, December 24\, 2026\, the LSE trades a full regular session from 8:00 am to 4:30 pm UK time\, with no scheduled early close on the main market. \nWhen is the next market holiday after Christmas?\nThe next LSE holiday after Christmas Day is the substitute Boxing Day holiday on Monday\, December 28\, 2026\, followed by an early close on New Year’s Eve\, December 31\, 2026\, at 12:30 pm UK time. \nAre UK banks open on Christmas Day?\nNo\, UK banks are closed on Christmas Day and remain closed for the substitute Boxing Day holiday on December 28\, 2026\, reopening for normal business on December 29. \n← Previous LSE Holidays
URL:https://www.financecalendar.com/event/lse-christmas-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261228T000000
DTEND;TZID=America/New_York:20261228T235959
DTSTAMP:20260902T163254Z
CREATED:20260902T163254Z
LAST-MODIFIED:20260902T163254Z
UID:2622-1798416000-1798502399@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Boxing Day (In Lieu) 2026? TSX Hours
DESCRIPTION:Toronto Stock Exchange are closed on Monday\, December 28\, 2026 for Boxing Day (In Lieu). \n\nNext holiday\nNew Year's Day\, January 1\, 2027\nRegular hours\n9:30 am to 4:00 pm ET\n\nFull schedule and background: TSX Holidays. \nUpdated September 2\, 2026 \n\n← Previous TSX Holidays\nThe Toronto Stock Exchange is closed on Monday\, December 28\, 2026\, for Boxing Day (In Lieu). Because Boxing Day itself\, December 26\, 2026\, falls on a Saturday\, the TSX observes the holiday on the following Monday instead\, a common practice among North American exchanges when a statutory holiday lands on a weekend. Any orders placed while the market is shut will simply queue and be processed when trading resumes. For the full run of dates\, see the TSX holiday calendar. \nInvestors holding Canadian equities\, ETFs or TSX-listed options should expect no price movement\, no order execution and no new trade settlement on this date. Anyone trying to buy or sell shares on the TSX that day will find their broker’s platform accepting orders only for later execution\, not immediate fills. \nWhich markets are closed on Boxing Day (In Lieu) 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nTSX equities\nClosed\nBoxing Day observed in lieu\n\n\nTSX Venture Exchange\nClosed\nFollows TSX holiday schedule\n\n\nCanadian bond market\nLikely closed\nCanadian fixed income desks typically follow the same holiday\, though this is not separately confirmed by an official calendar\n\n\nMontreal Exchange (derivatives)\nClosed\nFollows the same statutory holiday schedule as TSX\n\n\nNYSE and Nasdaq (US)\nOpen (regular hours)\nUS markets do not observe a Boxing Day holiday and trade normally\n\n\nLondon Stock Exchange (LSE)\nClosed\nUK observes its own Boxing Day bank holiday\, typically the same week\n\n\nEuronext\nClosed\nMost European venues close for the same period around Christmas and Boxing Day\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan does not observe Boxing Day; markets trade as normal\n\n\n\nIs the market open the day before and after?\nThe trading day before this holiday is Friday\, December 25\, 2026\, which itself falls on Christmas Day\, a separate TSX holiday. That means the TSX is closed on both Friday\, December 25 and Monday\, December 28\, giving Canadian investors an extended break either side of the weekend. The TSX Christmas Day closure covers that Friday in detail. Trading resumes at regular hours\, 9:30 am to 4:00 pm ET\, on Tuesday\, December 29\, 2026\, the next full session. The TSX has not published any early-close arrangement around this holiday\, so there is no shortened session to plan around on the days immediately before or after. \nWhy do markets close for Boxing Day?\nBoxing Day\, December 26\, has been a public holiday in Canada and much of the Commonwealth for well over a century\, originally associated with giving gifts or boxes to servants and tradespeople the day after Christmas. It remains a statutory holiday in most Canadian provinces\, and the TSX\, like other exchanges\, closes to align with the broader public holiday calendar rather than opening for a session few staff or clients would use. \nWhen a statutory holiday such as Boxing Day falls on a weekend\, exchanges commonly shift the closure to the nearest working day so that staff\, brokers and market infrastructure providers still receive the day off. That is why 2026 sees the closure fall on Monday\, December 28\, rather than the calendar date itself. \nWhat It Means for Your Money\nIf you have a standing order or a trade queued through a Canadian broker for December 28\, 2026\, it will not execute until the market reopens on December 29. Settlement\, which in most markets now happens one business day after the trade (known as T+1)\, will also be pushed back accordingly\, so anyone relying on cash from a sale to clear by a specific date should build in the extra day. \nDividend payment dates and options expiry schedules tied to TSX-listed securities are adjusted around exchange holidays\, so check with your broker or the company’s investor relations page if a payment or expiry was expected close to this date. Canadian bank branches generally follow their own statutory holiday schedule\, which may or may not exactly mirror the exchange calendar\, so bank transfers and payroll processing could also see a one-day delay. Cryptocurrency markets\, unlike the TSX\, trade continuously and are unaffected by this or any other exchange holiday. \nRemaining TSX holidays in 2026\nNo further TSX holiday dates for 2026 were confirmed in the schedule reviewed for this page beyond Boxing Day (In Lieu). The next confirmed closure on the TSX calendar is New Year’s Day\, January 1\, 2027. For the complete and most current list\, consult the TSX holiday calendar or the exchange’s own published calendar. \nFrequently Asked Questions\nIs the stock market open on Boxing Day (In Lieu) 2026?\nNo. The Toronto Stock Exchange is closed on Monday\, December 28\, 2026\, because Boxing Day itself falls on a weekend and the holiday is observed the following business day. \nIs the bond market open on this date?\nCanadian fixed income desks generally follow the same exchange holiday schedule\, so bond trading activity is expected to be minimal or closed\, though this is not confirmed by a separate official calendar. \nWhat time does the TSX close the day before or after this holiday?\nNo early close has been announced around this holiday. The TSX trades regular hours\, 9:30 am to 4:00 pm ET\, on both December 24 and December 29\, 2026. \nWhen is the next TSX market holiday after this one?\nThe next scheduled TSX closure is New Year’s Day\, falling on January 1\, 2027. \nAre Canadian banks open on Boxing Day (In Lieu) 2026?\nMost Canadian bank branches close for statutory holidays including Boxing Day\, though exact observance can vary slightly by province\, so it is worth checking with your specific bank if you need in-branch service that day. \n← Previous TSX Holidays
URL:https://www.financecalendar.com/event/tsx-boxing-day-in-lieu-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261228T000000
DTEND;TZID=America/New_York:20261228T235959
DTSTAMP:20260902T163341Z
CREATED:20260902T163341Z
LAST-MODIFIED:20260902T163341Z
UID:2624-1798416000-1798502399@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Boxing Day (Substitute) 2026? ASX Hours
DESCRIPTION:Australian Securities Exchange are closed on Monday\, December 28\, 2026 for Boxing Day (Substitute). \n\nNext holiday\nNew Year's Eve (Early Close)\, December 31\, 2026\nRegular hours\n10:00 am to 4:00 pm AEST/AEDT (closing auction to ~4:12 pm)\n\nFull schedule and background: ASX Holidays. \nUpdated September 2\, 2026 \n\n← Previous ASX Holidays\nThe Australian Securities Exchange (ASX) is closed on Monday\, December 28\, 2026 for the Boxing Day (Substitute) public holiday. Boxing Day itself falls on Saturday\, December 26\, 2026\, so the holiday is observed on the following Monday under standard New South Wales public holiday rules. Any orders placed on the ASX trading platform during the closure will queue and be processed when trading resumes on Tuesday\, December 29\, 2026. See the full run of dates on the ASX holiday calendar. \nRegular ASX trading hours\, when open\, run from 10:00 am to 4:00 pm AEST/AEDT\, with the closing auction extending to around 4:12 pm. There is no early close associated with this holiday: the exchange is fully shut for the session. \nWhich markets are closed on Boxing Day (Substitute) 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nASX cash equities\nClosed\nNo trading\, no closing auction on December 28\, 2026\n\n\nASX 24 (futures and options)\nClosed\nDay session unavailable; affects overnight options pricing\n\n\nAustralian bond market\nClosed\nFollows ASX public holiday schedule\n\n\nNew York Stock Exchange and Nasdaq\nOpen (regular hours)\nUS markets do not observe Australian public holidays\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nNo UK holiday on this date\n\n\nEuronext\nOpen (regular hours)\nNo eurozone holiday on this date\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nJapan’s year-end closure begins later\, around December 31\n\n\n\nIs the market open the day before and after?\nThe ASX traded regular hours on Friday\, December 25\, 2026\, is closed for Christmas Day. It remains closed for Boxing Day on the Saturday and Sunday weekend\, and then closed again on Monday\, December 28\, 2026 for the Boxing Day substitute holiday. Trading resumes as normal on Tuesday\, December 29\, 2026\, with the usual 10:00 am to 4:00 pm AEST/AEDT session and no early close scheduled. The next early close on the ASX calendar is New Year’s Eve\, December 31\, 2026\, when the market shuts at 2:10 pm local time ahead of the New Year holiday. \nWhy do markets close for Boxing Day?\nBoxing Day\, observed on December 26\, is a long-standing public holiday across Australia and other Commonwealth countries\, traditionally linked to charitable giving and post-Christmas gatherings. When a fixed public holiday falls on a weekend\, Australian jurisdictions typically move the observance to the next available weekday so employees and businesses\, including exchange staff\, still receive the day off. That is why the ASX closes on Monday\, December 28\, 2026 rather than the calendar date itself. \nWhat It Means for Your Money\nIf you have an order sitting with an Australian broker on December 28\, it will simply wait in the queue and execute once the market reopens on December 29. Settlement\, which in Australia works on a T+2 basis\, will be pushed back by the number of closed days\, so a trade settled around the holiday may land a day or two later than usual. Dividend payment dates and options expiries that would normally fall on the holiday are typically shifted to the next business day by the relevant company or clearing house. Australian bank transfers processed through the local clearing system may also be delayed over the long weekend\, though international transfers and card payments are unaffected. Cryptocurrency markets\, unlike the ASX\, trade continuously and are not affected by this closure. \nRemaining ASX holidays in 2026\n\nNew Year’s Eve (Early Close)\, December 31\, 2026: market closes early at 2:10 pm local time\n\nFrequently Asked Questions\nIs the stock market open on Boxing Day (Substitute) 2026?\nNo. The ASX is closed on Monday\, December 28\, 2026\, because Boxing Day itself falls on a Saturday and the holiday is observed the following Monday. \nIs the bond market open on this date?\nNo. The Australian bond market follows the ASX holiday schedule and is closed on December 28\, 2026. \nWhat time does the ASX close before the holiday?\nThere is no early close linked to this holiday. The ASX trades its normal 10:00 am to 4:00 pm AEST/AEDT session on the trading day before\, Friday\, December 25\, being itself a holiday means the last full session before the break is Thursday\, December 24\, 2026. \nWhen is the next ASX market holiday after this one?\nThe next scheduled market event is New Year’s Eve on December 31\, 2026\, when the ASX closes early at 2:10 pm local time. \nAre Australian banks open on Boxing Day (Substitute) 2026?\nMost Australian banks follow the same public holiday schedule as the ASX and are closed on December 28\, 2026\, though some digital banking services remain available online. \n← Previous ASX Holidays
URL:https://www.financecalendar.com/event/asx-boxing-day-substitute-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261228T000000
DTEND;TZID=America/New_York:20261228T235959
DTSTAMP:20260902T172517Z
CREATED:20260902T172517Z
LAST-MODIFIED:20260902T172517Z
UID:2642-1798416000-1798502399@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Boxing Day (Substitute) 2026? LSE Hours
DESCRIPTION:London Stock Exchange are closed on Monday\, December 28\, 2026 for Boxing Day (Substitute). \n\nNext holiday\nNew Year's Eve (Early Close)\, December 31\, 2026\nRegular hours\n8:00 am to 4:30 pm UK time\n\nFull schedule and background: LSE Holidays. \nUpdated September 2\, 2026 \n\n← Previous LSE HolidaysNext LSE Holidays →\nThe London Stock Exchange is closed on Monday\, December 28\, 2026\, for the Boxing Day substitute bank holiday. Boxing Day itself falls on Saturday\, December 26\, 2026\, so under UK bank holiday rules the closure moves to the next available weekday\, which is Monday\, December 28. No equity\, gilt or derivatives trading takes place on the LSE that day\, and any orders left open will queue for the next trading session on Tuesday\, December 29\, 2026. See the full LSE Holidays calendar for the rest of the year. \nWhich markets are closed on Boxing Day (Substitute) 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nLondon Stock Exchange (equities)\nClosed\nUK bank holiday\, no trading or settlement\n\n\nUK gilts\nClosed\nFollows LSE bank holiday schedule\n\n\nICE Futures Europe (London)\nClosed\nObserves UK bank holidays\n\n\nNew York Stock Exchange and Nasdaq\nOpen (regular hours)\nUS markets do not observe UK bank holidays\n\n\nEuronext (Paris\, Amsterdam\, Brussels)\nOpen (regular hours)\nNot a Eurozone public holiday\n\n\nTokyo Stock Exchange\nOpen (regular hours)\nNot a Japanese public holiday\n\n\n\nIs the market open the day before and after?\nThe LSE traded a normal session on Friday\, December 25\, 2026\, was closed. Wait\, Christmas Day itself\, December 25\, 2026\, is also a UK bank holiday and the LSE is closed that day\, ahead of the weekend and the Boxing Day substitute. The last full trading day before this run of closures was Thursday\, December 24\, 2026\, with regular hours of 8:00am to 4:30pm UK time. Trading resumes as normal on Tuesday\, December 29\, 2026\, also with regular hours. There is no early close scheduled around this holiday\, though the LSE does apply an early close of 12:30pm UK time on New Year’s Eve\, December 31\, 2026. \nWhy do markets close for Boxing Day?\nBoxing Day\, the day after Christmas\, has been a statutory bank holiday in England\, Wales and Northern Ireland since the Bank Holidays Act 1871. When a bank holiday falls on a weekend\, UK convention moves the observance to the next working day so that workers and markets still receive the day off. Because December 26\, 2026 falls on a Saturday\, the substitute holiday shifts to Monday\, December 28\, 2026\, and the LSE follows the official UK bank holiday calendar for its trading schedule. \nWhat It Means for Your Money\nIf you hold UK shares or funds through a broker\, any instructions placed on December 28 simply wait in the queue and execute at the next available price when trading reopens on December 29. Settlement\, the point at which cash and shares officially change hands\, is delayed by the closed day\, so a trade settling on a T+1 basis (one business day after the trade) will settle a day later than it would in a normal week. Dividend record dates and options expiries that would normally fall on a bank holiday are typically moved to the nearest trading day by the relevant exchange or index provider. UK bank branches also close for the substitute holiday\, so faster payments and card processing through some banks may be slower\, though most digital banking and standing orders still run. Cryptocurrency markets are unaffected\, since they trade continuously\, 24 hours a day\, seven days a week\, regardless of stock exchange holidays. \nRemaining LSE holidays in 2026\n\nNew Year’s Eve (Early Close)\, December 31\, 2026: LSE closes early at 12:30pm UK time\n\nFrequently Asked Questions\nIs the stock market open on Boxing Day (Substitute) 2026?\nNo. The London Stock Exchange is closed on Monday\, December 28\, 2026\, because Boxing Day itself falls on a Saturday and the holiday is observed on the next working day. \nIs the bond market open on December 28\, 2026?\nNo. UK gilt trading follows the same LSE bank holiday schedule and is closed on December 28\, 2026. \nWhat time does the LSE close before the holiday?\nThe LSE trades regular hours of 8:00am to 4:30pm UK time on Thursday\, December 24\, 2026\, the last full session before the Christmas and Boxing Day closures. \nWhen is the next LSE market holiday after this one?\nThe next LSE holiday is an early close on New Year’s Eve\, December 31\, 2026\, when trading finishes at 12:30pm UK time. \nAre UK banks open on Boxing Day (Substitute) 2026?\nNo. UK bank branches also observe the substitute bank holiday on December 28\, 2026\, and are closed alongside the stock exchange. \n← Previous LSE HolidaysNext LSE Holidays →
URL:https://www.financecalendar.com/event/lse-boxing-day-substitute-2026/
CATEGORIES:Economic Indicators
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DTSTART;TZID=America/New_York:20261229T100000
DTEND;TZID=America/New_York:20261229T110000
DTSTAMP:20260902T113431Z
CREATED:20260902T113431Z
LAST-MODIFIED:20260902T113431Z
UID:2501-1798538400-1798542000@www.financecalendar.com
SUMMARY:US Consumer Confidence December 2026
DESCRIPTION:Next US Consumer Confidence: Tuesday\, December 29\, 2026 at 10:00 am ET (3:00 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\n91.2 (June 2026)\nActual\nPending\n\nFull schedule and background: US Consumer Confidence. \nUpdated September 2\, 2026 \n\n← Previous US Consumer Confidence\nThe Conference Board is expected to release its US Consumer Confidence Index for December 2026 on Tuesday\, December 29\, 2026 at 10:00 am ET (3:00 pm London time). This report measures how American households feel about the current economy and their expectations for the next six months. Full schedule and background: US Consumer Confidence. \nWhat is the Consumer Confidence Index?\nThe Consumer Confidence Index is a monthly survey run by The Conference Board\, a private\, non-profit research organisation. It asks a representative panel of US households five questions: two about their view of current business and job conditions\, and three about how they expect the economy\, the job market and their own income to look six months from now. \nThe answers are combined into a Present Situation Index and an Expectations Index\, which together produce the headline Consumer Confidence Index\, benchmarked to 1985 equals 100. Markets watch it because consumer spending drives roughly two-thirds of US economic output\, so a sustained shift in sentiment can foreshadow changes in retail sales\, borrowing and saving behaviour before those changes show up in hard data. \nIt differs from the University of Michigan’s separate consumer sentiment survey mainly in question design and sample\, and economists often compare the two for confirmation. The Conference Board index tends to place more weight on labour market perceptions\, which is why it is closely tied to how people feel about job security and wages. \nWhen is the December Consumer Confidence report released?\nThe Conference Board has not yet confirmed the exact release date for the December 2026 report at the time of writing. The Conference Board typically publishes Consumer Confidence data on the last Tuesday of the month covered\, and December 29\, 2026 follows that usual pattern. The release is published on the Conference Board’s website at 10:00 am ET (3:00 pm London time) and is distributed simultaneously to newswires including Reuters and Bloomberg. \nWhat is the consensus forecast?\nA consensus forecast for the December 2026 reading has not yet been published. Economists’ estimates typically appear in the days before release\, compiled by data providers such as Reuters and Trading Economics. Based on the most recent verified Conference Board data\, the index stood at 91.2 in June 2026\, down from a prior reading of 93.1\, and below the 94.4 figure economists had expected\, according to TrendForce DataTrack\, which compiles Conference Board releases. \n\n\n\nMeasure\nPrior (June 2026)\nConsensus\n\n\n\n\nHeadline Consumer Confidence Index\n91.2\nNot yet published\n\n\nPresent Situation Index\nNot independently verified for this period\nNot yet published\n\n\nExpectations Index\nNot independently verified for this period\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign households feel more secure\, which could support equities tied to consumer spending and ease concern about a slowdown\nPeople feel more confident about jobs and income\, which often means more spending on non-essential goods\n\n\nIn line with consensus\nLimited market reaction expected\, with attention shifting to the breakdown between present conditions and expectations\nConfidence is holding roughly steady\, neither improving nor worsening the outlook\n\n\nBelow consensus\nCould add to worries about consumer spending and be read as a signal that the labour market is weakening\, according to commentary from economists tracking the series\nHouseholds are more cautious\, which can mean less spending on cars\, holidays and big purchases\n\n\n\nThese are possible readings of the data\, not predictions of how the index will actually come in or how markets will react on the day. \nWhy does this release matter right now?\nConsumer confidence has been volatile through 2026 as households weighed the effects of tariffs\, inflation and a labour market that has shown signs of cooling. The June 2026 reading of 91.2 came in below both the prior month and the consensus estimate of 94.4\, according to TrendForce DataTrack\, a decline that analysts linked to concerns about job security and rising prices. \nThe Federal Reserve does not target consumer confidence directly\, but policymakers watch it as a lead indicator for consumer spending\, which feeds into their broader assessment of demand and inflation pressure. A weakening trend into year-end would arrive at a sensitive moment\, with the Fed weighing further interest rate moves and investors trying to gauge the strength of the US consumer heading into 2027. \nWhat It Means for Your Money\n\nMortgages and borrowing: If confidence weakens sharply\, it can reinforce expectations of interest rate cuts\, which may eventually feed through to lower mortgage and loan rates in the US\, though the effect on UK and European rates is indirect and depends on their own central banks.\nSavings: Weak confidence data that raises the odds of rate cuts can mean lower returns on cash savings and fixed deposits over time\, as banks adjust rates in anticipation of central bank moves.\nJobs and wages: A drop in the Expectations Index component often reflects worry about job security\, which can be an early signal worth watching if you are negotiating pay or considering a job change.\nPrices: Falling confidence can mean households pull back on spending\, which over time may ease price pressure on goods and services\, a dynamic central banks watch closely.\nInvestments\, pensions and currencies: Consumer-facing stocks such as retailers and carmakers tend to be sensitive to this data. A weak reading can also weigh on the dollar if it raises expectations of rate cuts\, with knock-on effects for the pound and euro exchange rates and for pension funds holding US equities.\n\nRelated events\n\nPrevious release: US Consumer Confidence\, November 2026\nFull series and schedule: US Consumer Confidence hub page\nCompare with the University of Michigan Consumer Sentiment survey\, published separately and covering a similar but distinct panel of households\n\nFrequently Asked Questions\nWhat time is the December Consumer Confidence report released?\nIt is scheduled for 10:00 am ET (3:00 pm London time) on December 29\, 2026\, though the Conference Board has not formally confirmed this date. \nHow do I read the Consumer Confidence Index?\nA reading above 100 suggests confidence is stronger than the 1985 base period\, while a reading below 100 suggests households are more pessimistic than that historical benchmark. Changes from month to month matter more than the absolute level. \nDoes Consumer Confidence affect interest rates?\nNot directly\, but the Federal Reserve monitors it as one of several gauges of consumer spending strength\, which feeds into decisions on interest rates. \nWhere can I find the official release?\nThe data is published on The Conference Board’s website and distributed to major financial newswires at the time of release. \nWhen is the next Consumer Confidence report?\nThe next release typically follows around the last Tuesday of the following month\, in line with the Conference Board’s usual publication pattern. \n← Previous US Consumer Confidence
URL:https://www.financecalendar.com/event/us-consumer-confidence-december-2026/
CATEGORIES:Economic Indicators
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DTSTART;TZID=America/New_York:20261230T140000
DTEND;TZID=America/New_York:20261230T150000
DTSTAMP:20260902T113739Z
CREATED:20260902T113739Z
LAST-MODIFIED:20260902T113739Z
UID:2503-1798639200-1798642800@www.financecalendar.com
SUMMARY:FOMC Minutes December 2026
DESCRIPTION:Next FOMC Minutes: Wednesday\, December 30\, 2026 at 2:00 pm ET (7:00 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\nNot independently verified for this release\nActual\nPending\n\nFull schedule and background: FOMC Minutes. \nUpdated September 2\, 2026 \n\n← Previous FOMC Minutes\nThe Federal Open Market Committee (FOMC) publishes the minutes of its December 2026 meeting on December 30\, 2026 at 2:00 pm ET (7:00 pm London). The minutes are a detailed account of the discussion that took place at the meeting\, released three weeks after the decision itself\, and they give investors a fuller picture of the debate behind the Federal Reserve’s policy stance than the short statement issued on the day. Full schedule and background: FOMC Minutes. \nWhat is the FOMC and what does it decide?\nThe FOMC is the Federal Reserve’s monetary policy committee. It sets the federal funds rate\, the interest rate at which banks lend to each other overnight\, which in turn influences borrowing costs across the US economy\, from mortgages to credit cards to business loans. The Committee’s mandate\, set by Congress\, is to pursue maximum employment and stable prices\, generally interpreted as inflation of around 2% over time. \nThe FOMC is made up of the seven members of the Federal Reserve Board of Governors and five of the twelve regional Federal Reserve Bank presidents\, with the president of the Federal Reserve Bank of New York holding a permanent vote. The other reserve bank presidents vote on a rotating basis. The Committee meets eight times a year\, roughly every six to seven weeks\, to review economic data and decide whether to change\, hold or continue adjusting interest rates. \nBecause the US dollar underpins global trade and borrowing\, decisions made in this room in Washington ripple outward. Changes in the federal funds rate affect the cost of dollar funding for companies and governments worldwide\, and they shape how central banks in London\, Frankfurt and Tokyo think about their own policy paths. \nWhen are the December 2026 FOMC minutes released?\nThe minutes are published on December 30\, 2026 at 2:00 pm ET (7:00 pm London). The Federal Reserve has not yet formally confirmed this date at the time of writing\, because minutes are typically released three weeks after the corresponding policy meeting\, so the exact date can shift slightly depending on the Fed’s calendar. The underlying meeting itself would have taken place in mid-December 2026\, with the rate decision and press conference announced on the final day\, following the pattern the Fed uses at every meeting with updated economic projections. \nUnlike the statement released immediately after a meeting\, the minutes run to several thousand words and cover the Committee’s assessment of growth\, the labour market\, inflation\, financial conditions and the risks around its outlook\, along with the range of views expressed by participants on the appropriate path for interest rates. \nWhat to expect\nBecause the federal funds rate for late 2026 depends on decisions the Committee has not yet made\, and because no verified consensus forecast for the December 2026 minutes was found in official Federal Reserve sourcing\, a consensus forecast has not yet been published for this specific release. Market participants typically use tools such as the CME FedWatch tool\, which tracks futures pricing to estimate the probability of a rate change\, and surveys such as the Reuters poll of economists\, to gauge expectations ahead of both the meeting and the minutes. \nThe minutes themselves do not contain a new decision. Instead\, traders and analysts read them for clues on how divided the Committee was\, how policymakers characterised inflation and labour market risks\, and whether any officials argued for a different pace of rate changes than the one chosen. This detail can move bond yields and the dollar even though no new rate decision is being made. \nMarket impact scenarios\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nMinutes show broad consensus for the December decision\nMuted reaction; markets treat the outcome as already priced in\, according to typical trading desk commentary reported by Reuters after past minutes releases\nInvestors see little new information\, so borrowing costs and stock prices are unlikely to move much on the day\n\n\nMinutes reveal notable dissent or debate over further cuts\nBond yields and the dollar can become more volatile as traders reassess the pace of future rate changes\nMortgage rates and other borrowing costs could shift as investors adjust their expectations for the Fed’s next move\n\n\nMinutes signal concern about persistent inflation\nMarkets may price in fewer or slower rate cuts\, lifting the dollar and Treasury yields\, per the pattern seen after past hawkish minutes\nHigher expected borrowing costs for longer\, which can weigh on stock valuations and mortgage affordability\n\n\n\nWhat will the minutes signal?\nAnalysts will look closely at how the Committee described the balance of risks between inflation and employment\, since this framing often previews the tone of future statements. Any language suggesting officials are divided over the appropriate pace of further changes\, sometimes called “dissent risk”\, tends to draw attention because it can hint at a bumpier path for rates in early 2027. \nThe minutes may also discuss the Fed’s balance sheet\, the portfolio of Treasury bonds and mortgage-backed securities it holds\, and whether the Committee debated slowing or stopping the reduction of that portfolio\, a process known as quantitative tightening. Commentators watching for forward guidance will pay attention to any hints about the conditions the Fed would need to see before adjusting policy again. \nWhat It Means for Your Money\nFor homeowners and buyers\, the federal funds rate influences the cost of new mortgages and the rates on adjustable loans\, so any signal from the minutes about the future path of rates can move mortgage pricing even without a new decision. Savers with cash in high-yield savings accounts or money market funds tend to see returns move in the same direction as the policy rate\, so a hint of further cuts ahead can mean lower interest on cash over time. \nCredit card and personal loan rates\, which are often tied to the prime rate\, follow the federal funds rate with a lag\, so changes flagged in the minutes can filter through to household borrowing costs within a few statement cycles. For investors\, stock and bond markets react to any shift in expectations about future Fed policy\, since lower rates generally support share prices and bond values\, while a more hawkish tone can weigh on both. \nBeyond the US\, the dollar’s moves affect the pound and the euro. A dollar that strengthens on hawkish minutes can make imports cheaper for US consumers but can squeeze emerging market borrowers and raise the cost of dollar-denominated debt for companies and governments in the UK\, the eurozone and Asia. UK and eurozone mortgage rates are not directly set by the Fed\, but global bond yields often move together\, so a shift in US rate expectations can nudge gilt and Bund yields\, feeding through to mortgage pricing in Britain and the eurozone. Pension funds and other institutional investors holding US assets are also exposed to these swings through their bond and equity portfolios. \nRelated events\n\nPrevious minutes release: FOMC Minutes\, November 2026\nFull FOMC schedule and background: FOMC Minutes hub\nCheck the Federal Reserve’s own calendar for the confirmed meeting and minutes dates at the Federal Reserve’s FOMC calendar\n\nFrequently Asked Questions\nWhat time are the December 2026 FOMC minutes released?\nThe minutes are scheduled for 2:00 pm ET (7:00 pm London) on December 30\, 2026\, though the Federal Reserve has not formally confirmed this date\, since minutes are usually published three weeks after the underlying meeting. \nWill the FOMC minutes contain a new rate decision?\nNo. The minutes are a record of the discussion at the meeting already held earlier in December 2026; the rate decision itself was announced at that meeting\, not in the minutes. \nWhat is the current federal funds rate?\nThe prevailing federal funds rate depends on the outcome of the FOMC’s mid-December 2026 meeting\, which had not been independently verified through official Federal Reserve sourcing at the time this page was prepared. \nWhen is the next FOMC meeting?\nThe FOMC typically meets eight times a year\, roughly every six to seven weeks; check the Federal Reserve’s own calendar\, linked above\, for the confirmed date of the next meeting after December 2026. \nWhere can I read the minutes when they are published?\nThe minutes are published directly on the Federal Reserve’s website and are typically covered in real time by major financial news outlets such as Reuters and Bloomberg. \n← Previous FOMC Minutes
URL:https://www.financecalendar.com/event/fomc-minutes-december-2026/
CATEGORIES:Central Banks & Monetary Policy
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