In this holiday-shortened week, Ilya Spivak discusses muted financial market movements and focuses on China's economic challenges. China's six consecutive quarters of deflation indicate weak demand, despite stimulus attempts. This economic turbulence affects Australian dollar and copper markets, offering potential speculative opportunities if positive data emerges. Despite deflation issues, China's economic data shows signs of improvement, hinting at possible recovery. Spivak advises caution, with an eye on future Chinese PMI data for potential market movements.