W Week Ahead

Week Ahead – w50

07 December, 2020



 

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

 


 

Previews

 


 

Focus on Economic Calendar

 


 

Top 10 Macro/Financial Charts of the Previous Week – w49

 

What happened in the World Economy last Week – in charts – w49 (Bloomberg)