W — Week Ahead

Week Ahead – w51

14 December, 2020



 

Summary Key Macro Events

The EU and UK will continue talks on Monday after UK prime minister Boris Johnson and European Commission president Ursula von der Leyen held a “useful” phone call over the weekend – FT (14)

China is revamping its stock indexes (14)

Industrial Production for October (14) ➡ I expect an upward surprise.

The Electoral College will meet on Monday to formally cast its vote for the next president (14)

A U.S. federal appeals court will hear oral arguments on Monday regarding the government’s appeal to an injunction issued in September, which blocked banning TikTok from being downloaded in the country – Nikkei (14)

Industrial Production, Retail Sales and FAI for November (15)

Industrial Production for November (15)

Manufacturing, Services and Composite PMIs (16)

Germany will go into a hard lockdown from Wednesday, with all schools and shops closed (16)

England’s strengthened three-tier system of curbs is set to be reviewed on Wednesday, with Londoners being warned that the UK capital could soon be subject to England’s highest tier-3 category – FT (16)

Retail Sales for November (16)

Fed meeting (new forecasts and guidance expected) (16)

SNB Meeting (17)

Building Permits and Housing Starts for November (17)

The US Food and Drug Administration is on Thursday scheduled to discuss whether to authorise a vaccine developed by Moderna (17)

BOJ meeting (18)

The US Federal Reserve will on Friday release an unprecedented second set of stress test results for the country’s largest banks, which will show how well they are equipped to deal with the economic downturn brought on by the pandemic – FT (18)

 

Earnings

 

 

Previews


 

 

Focus on Economic Calendar

 

 

Top 10 Macro/Financial Charts of the Previous Week – w50

 

What happened in the World Economy last Week – in charts – w50 (Bloomberg)