Week Ahead – w50
Summary Key Macro Events
Michel Barnier, the European Union’s chief negotiator, denied that the U.K. and EU are nearing a breakthrough over their longstanding disagreement over fishing, according to officials with knowledge of his comments – Bloomberg (7)
A bipartisan group of US senators will unveil legislation as early as Monday for additional fiscal stimulus worth about $900bn – FT (7)
China releases November’s consumer price index, the barometer for inflation (9)
The Bank of Canada meets Wednesday, with no change in policy expected (9)
The ECB is set to add another €500bn to its €1.35tn emergency asset purchase programme when it meets on Thursday (10)
EU leaders will meet in Brussels on Thursday and Friday to discuss core issues for the bloc, including the approval of the next budget along with the €1.8tn recovery package, the ratification of the 2030 climate goals and the Brexit deal as trade talks enter the end game – FT (10 & 11)
James Hildreth, member of FDA’s vaccine advisory committee, told NBC News a vote will take place Thursday on whether to provide emergency use authorization (EUA) for Pfizer (PFE) and BioNTech’s (BNTX) coronavirus vaccine – The Hill (10)
CPI for November (10)
The U.S. State Department is set to name financial institutions that conduct “significant transactions” with sanctioned individuals who violated the promised autonomy in the former British colony – Nikkei (11)
Earnings
#earnings for the week https://t.co/lObOE0dgsr $JKS $ADBE $CHWY $GME $COST $LULU $COUP $AZO $AVGO $RH $SFIX $HRB $CPB $TOL $SMAR $THO $CIEN $ALOT $ORCL $MDB $HQY $DLHC $UNFI $VRA $CMD $LOVE $CASY $VERU $GIII $GWRE $LQDT $ROAD $BF.B $DBI $PHR $PLAB $KLXE $RYB $AVAV $FLR $GEF pic.twitter.com/HqEEZ7h7mX
— Earnings Whispers (@eWhispers) December 5, 2020
Previews
What to be on the lookout for in the world economy this week (via @CraigStirling) https://t.co/D9tbfgoZu8
— Bloomberg Economics (@economics) December 7, 2020
Your Week in Asia
— JD Health debut
— Singapore Fintech
— Tsai's charm offensivehttps://t.co/uMDN8b5heh— Nikkei Asia (@NikkeiAsia) December 6, 2020
ECB meeting, EU summit, UK vaccine https://t.co/XQgzltErC5
— FT Economics (@fteconomics) December 6, 2020
The European Central Bank will extend two key stimulus programs through the end of next year to support the economy, according to economists https://t.co/QTC9MWQQK1
— Bloomberg Economics (@economics) December 6, 2020
Our ECB preview: more of the same for (much) longer. https://t.co/nNcrg9O9wi pic.twitter.com/rhj9MDtEtI
— Frederik Ducrozet (@fwred) December 4, 2020
Here's the latest as the UK and EU push for a post-Brexit trade deal https://t.co/X4Obltpp3o
— Bloomberg Economics (@economics) December 7, 2020
JUST IN: Top FDA vaccine adviser says approval could come next week https://t.co/615HPnhCLT pic.twitter.com/NTplvq6rxd
— The Hill (@thehill) December 5, 2020
Focus on Economic Calendar
Schedule for Week of December 6, 2020 https://t.co/wNbKnoCqb5 The key economic report this week is November CPI .
— Bill McBride (@calculatedrisk) December 5, 2020
Top 10 Macro/Financial Charts of the Previous Week – w49
⚠ Top 10 Macro/Financial Charts of the Week – w49 ⚠
HT @jsblokland, @TaviCosta, @Schuldensuehner, @Callum_Thomas, @sentimentrader, @corptrader, @BittelJulien, @Coin98Analyticshttps://t.co/vbdlZMiZKa
— Christophe Barraud (@C_Barraud) December 7, 2020
What happened in the World Economy last Week – in charts – w49 (Bloomberg)
What happened in the world economy this week – in charts https://t.co/KSrxPqYP8f
— Bloomberg Economics (@economics) December 5, 2020