W Week Ahead

Week Ahead – w1 (2021)

04 January, 2021



 

Summary Key Macro Events

OPEC+ alliance energy ministers hold their monthly virtual gathering to decidewhether to add as much as 500,000 barrels a day to production – Bloomberg (4)

The Gulf Cooperation Council summit will be held in Saudi Arabia (5)

The World Bank releases its Global Economic Prospects report (5)

German Chancellor Angela Merkel is due to meet with regional leaders to discuss new pandemic measures – Bloomberg (5) ➡ Lockdown could be extended until Jan. 31 according to Bild

ISM Manufacturing for December (5)

The Georgia Senate runoffs on Tuesday may affect sentiment toward risk assets, with the outcome set to decide control of the U.S. Senate and influence the ability of President-elect Joe Biden to advance his legislative agenda. If Democrats win both Georgia races, the Senate would be split 50-50, giving Kamala Harris, vice-president, the tiebreaking vote (5)

BOE’s Andrew Bailey, Sam Woods, Anil Kashyap and Don Kohn will be questioned by the U.K. Treasury Select Committee about the BOE’s Financial Stability Report – Bloomberg (6)

Mr Biden will be declared the official victor of the presidential election on Wednesday – FT (6)

FOMC Minutes (6)

CPI for December (7)

ISM Services for December (7)

Employment Report for December (8)

Vice Chairman Richard Clarida speaks on Friday (8)


 

Earnings


 


 

Previews

 


 

Focus on Economic Calendar

 


 

Top 10 Macro/Financial Charts of the Previous Week – w53