W — Week Ahead

Week Ahead Preview: FOMC Minutes; U.S. Employment Report; Eurozone CPI; Global PMIs; Fed Speakers

01 January, 2024
christophe-barraud-week-ahead-2021

From the FOMC Minutes to the Eurozone inflation, global PMI and the U.S. employment report, here’s what you need to know about the week ahead.

Monday

🌎 New Year’s Day, many global markets closed

🌎 SEC may notify approved ETF issuers by early next week, ahead of January 10 launch

🇲🇴 December Casino Revenue

🇰🇷 December trade data

🇷🇺 Russia takes over BRICS chairmanship from South Africa for 2024.

🇧🇪 Belgium takes over EU presidency from Spain through June 30.

🌎 Global SWF releases major report on sovereign wealth funds and public pension funds – Bloomberg

Tuesday

🇨🇳 December Caixin manufacturing PMI

🌎 December manufacturing PMI

🇺🇸 November construction spending

Wednesday

🇩🇪 December unemployment rate

🇺🇸 November JOLTS

🇺🇸 December ISM manufacturing

🇺🇸 Richmond Fed President Tom Barkin, an FOMC voter in 2024, speaks to the Raleigh Chamber of Commerce about the economic outlook – Bloomberg

🇺🇸 FOMC Minutes

Thursday

🇨🇳 December Caixin services PMI

🌎 United Nations releases world economic situation and prospects report 2024, holds press briefing – Bloomberg

🇮🇹 Italian Prime Minister Giorgia Meloni holds what’s expected to be a marathon annual press conference in Rome, with questions touching on domestic matters, the economy and immigration – Bloomberg

🌎 December Services PMI

🇫🇷 December CPI

🇩🇪 December CPI

🇺🇸 December ADP employment report

🛢 EIA crude oil inventory report

Friday

🇮🇹 December CPI

🇪🇺 December CPI

🇪🇺 December PPI

🇺🇸 December employment report

🇺🇸 December ISM services

🇺🇸 Richmond Fed President Tom Barkin speaks to the Maryland Bankers Association – Bloomberg

Earnings

#earnings to start 2024https://t.co/lObOE0dOhZ$WBA $LW $STZ $UNF $RPM $CAG $CALM $SLP $KRUS $LNN $FC $SMPL $ANGO $GBX $RDUS $RGP pic.twitter.com/bpv2jgFAZU

— Earnings Whispers (@eWhispers) December 29, 2023

The Q4 reporting season kicks off on Jan 12 when the banks report, this is the longest of the 4 reporting seasons. Companies noted with an * are currently unconfirmed, we forecast dates based on historical reporting trends. Watch for: $JPM, $TSLA, $ABT, $BA, $IBM, $T, $ELV,… pic.twitter.com/bwhWhW0q4V

— Wall Street Horizon (@WallStHorizon) December 28, 2023

Previews

🌎 #Weekahead | US Jobs Numbers to Show Healthy Hiring, Easing Pay Growth – Bloomberghttps://t.co/ZZsSkmX255 pic.twitter.com/LjW1x36yfF

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) December 31, 2023

SEC may notify approved ETF issuers by early next week, ahead of January 10 launch: Reuters https://t.co/ZJwNwZBCsx

— The Block (@TheBlockCo) December 30, 2023

Focus on U.S. Economic Calendar

🇺🇸 Wall St #WeekAhead History shows strong 2023 could keep US stocks on path for 2024 gains – Reutershttps://t.co/ybFomt2yLA

— fastreveal (@fastrevealnews) December 31, 2023

Top 10 Macro/Financial Charts of the Previous Week – w52

⚠ Top 10 Macro/Financial Charts of the Week – w52 (2023) ⚠

*HT @bespokeinvest, @charliebilello, @MikeZaccardi, @KobeissiLetter, @LanceRoberts#Stocks #Bonds #Rates #Banks #Chinahttps://t.co/Oe7bd99xON

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) December 30, 2023

What Happened in the World Economy Last Week – in charts – w52 (Bloomberg)

🌎 Charting the Global Economy: Maritime Attacks Drive Up Costs – Bloomberghttps://t.co/TWUA8doJJQ pic.twitter.com/AmDjzX1VAv

— fastreveal (@fastrevealnews) December 30, 2023

*Note: Previous reports can be found here