Summary Key Macro Events
🇺🇸 U.S. equity and bond markets are closed for the Martin Luther King Jr. holiday (18)
🇪🇺 Euro-area finance ministers meet, with a full gathering of the EU ministers following on Jan. 19, to discuss the implementation of the recovery fund – Bloomberg (18)
🇮🇹 Prime minister Giuseppe Conte faces a parliamentary vote on his future on Tuesday after former prime minister Matteo Renzi’s small Italia Viva party resigned from the coalition government – FT (19)
🇪🇺 The European Commission will circulate a plan for coordination on vaccinesacross the bloc – Bloomberg (19)
🇺🇸 Janet Yellen is expected to affirm the U.S.’s commitment to market-determined exchange rates when she testifies on Capitol Hill Tuesday, and she will make clear the U.S. doesn’t seek a weaker dollar for competitive advantage – WSJ (19)
🇨🇳 🇭🇰 The Standing Committee of China’s National People’s Congress will hold a three-day meeting to revise legislation on legal aid, wetland protection, and the creation of a financial court in Beijing, among other laws – Nikkei (20)
🇨🇳 The Standing Committee of China’s National People’s Congress meets – Bloomberg (20)
🇬🇧 CPI for December (20)
🇪🇺 The European Commission is due to present its update on plans to boost the international role of the euro – Bloomberg (20)
🇺🇸 Joe Biden will be sworn in as the 46th U.S. president Wednesday at noon in Washington – Nikkei (20)
🇨🇳 Huawei’s former budget smartphone brand will launch the new V40 smartphone – Nikkei (21)
🇯🇵 BOJ Meeting (21)
🇪🇺 ECB Meeting (21)
🇺🇸 Housing Starts and Building Permits for December (21)
🇨🇳 The Central Commission for Discipline Inspection, China’s most powerful graft buster, holds its annual meeting from Friday to Sunday – Nikkei (22)
🇯🇵 🇪🇺 🇬🇧 🇺🇸 Manufacturing and Services PMIs for January (22)
🇺🇸 Existing Home Sales for December (22)
Earnings
#earnings for the week https://t.co/lObOE0dgsr $NFLX $BAC $FCEL $GS $PG $INTC $SCHW $UNH $MS $HAL $FAST $CMA $STT $ASML $UAL $ONB $IBM $TFC $JBHT $MBWM $CTXS $USB $UNP $ALLY $TRV $BK $AA $LOGI $SLB $ZION $CFG $KEY $FBC $ISRG $IBKR $FHN $BKR $KMI $NTRS $DFS $CSX $EDU $HOMB pic.twitter.com/PphgtC9PhL
— Earnings Whispers (@eWhispers) January 16, 2021
Previews
Read our Focus on the Week Ahead here: https://t.co/DxJdMGB0N4 pic.twitter.com/fnrlByair7
— LiveSquawk (@LiveSquawk) January 15, 2021
Resurgent coronavirus outbreaks will vex central bankers on 5 continents this week (via @CraigStirling) https://t.co/5ilyX2kP9R
— Bloomberg Economics (@economics) January 17, 2021
Biden inauguration, ECB meeting, China GDP https://t.co/gZMY7aREXy
— FT Economics (@fteconomics) January 17, 2021
Biden inauguration, Wuhan lockdown anniversary, China's 2020 GDP — Your Week in Asiahttps://t.co/0zfuJObI9K
— Nikkei Asia (@NikkeiAsia) January 17, 2021
🇺🇸 #Dollar Shorts Mount Before Yellen Outlines Market-Based Policy – Bloomberg
*Link: https://t.co/1jKNu8ClpX pic.twitter.com/0n1jipgkXd— Christophe Barraud🛢 (@C_Barraud) January 18, 2021
The value of the dollar should be determined by markets, Janet Yellen is prepared to say at her confirmation hearing Tuesday to be Treasury secretary https://t.co/IHuWCI6cqe
— The Wall Street Journal (@WSJ) January 17, 2021
Focus on 🇺🇸 Economic Calendar
Schedule for Week of January 17, 2021 https://t.co/oCXj5p45DX The key reports this week are December housing starts and existing home sales.
— Bill McBride (@calculatedrisk) January 16, 2021
🇺🇸U.S. ECONOMIC DATA THIS WEEK:
*JOBLESS CLAIMS (THURS.)
*PHILLY FED MANUFACTURING INDEX (THURS.)
*BUILDING PERMITS (THURS.)
*HOUSING STARTS (THURS.)
*FLASH MANUFACTURING PMI (WED.)
*FLASH SERVICES PMI (WED.)
*EXISTING HOME SALES (FRI.)⚠️https://t.co/zssQozulLL$DIA $SPY $QQQ pic.twitter.com/7ZO4LvfZjU
— Investing.com (@Investingcom) January 17, 2021
Top 10 Macro/Financial Charts of the Previous Week – w2
⚠ Top 10 Macro/Financial Charts of the Week – w2 ⚠https://t.co/XoRwxIX2sx
— Christophe Barraud🛢 (@C_Barraud) January 18, 2021
What happened in the World Economy last Week – in charts – w2 (Bloomberg)
What happened in the world economy this week – in charts https://t.co/8EYZfISsIp pic.twitter.com/K2BTvfqKkv
— Bloomberg Economics (@economics) January 16, 2021