Week Ahead – w6 (2021)

Summary Key Macro Events

Congressional committees will start crafting legislation this week on specific components of President Joe Biden’s $1.9tn stimulus package – FT (from 8)

Mario Draghi will continue his attempts to win enough support among lawmakers to form a new unity government or risk the country heading towards snap elections – FT (from 8)

ECB President Christine Lagarde is expected to participate in a debate about the ECB annual report at the European Parliament – Bloomberg (8)

The US Senate trial of Donald Trump is set to begin on Tuesday after he was impeached last month in a bipartisan vote in the House of Representatives – FT (9)

CPI & PPI for January (10)

German Chancellor Angela Merkel talks with state premiers on the likely extension of coronavirus curbs (10)

CPI for January (10)

Fed Chair Jerome Powell will speak on a webinar hosted by the Economic Club of New York (10)

The U.S. International Trade Commission is scheduled to announce its final decision in the LG Chem/SK Innovation trade secrets case – Bloomberg (10)

Lunar New Year public holidays begin in nations across Asia, with China breaking for a week to celebrate the Year of the Ox. Chinese New Year is Friday (11)

⚠ 0PEC monthly Oil Market Report is published, covering major issues affecting the world oil market and demand forecasts (11)

The European Commission publishes new economic forecasts (11)

Earnings

#earnings for the week https://t.co/lObOE0dgsr $CGC $GM $CRSR $HAS $TWTR $KO $DIS $COTY $GPN $CSCO $ACB $CNC $CHGG $PEP $ENPH $ZNGA $UBER $CRNT $ENR $TTWO $NET $AMG $AZN $CRNC $TEVA $SPG $KHC $SAIA $SQNS $UAA $DDOG $GFN $IRBT $WCC $TSN $NRZ $LH $PERI $CNA $YETI $AYX $K $MAT pic.twitter.com/63Muy9ineZ

— Earnings Whispers (@eWhispers) February 6, 2021

Previews

Read our LiveSquawk Focus On The Week Ahead here: https://t.co/DxJdMGB0N4 pic.twitter.com/xhYdGR2LSF

— LiveSquawk (@LiveSquawk) February 5, 2021

The Economic Cost of Its Errors Will Make the EU Wince: Eco Week – Bloomberghttps://t.co/1KraGTl2CY

— Christophe Barraud (@C_Barraud) February 7, 2021

Trump impeachment, lunar new year, inflation data https://t.co/kWOjZLh01C

— FT Economics (@fteconomics) February 7, 2021

WHO's Wuhan probe, Toyota and Nissan results, Australian Open — Your Week in Asiahttps://t.co/Xk2YoByMjJ

— Nikkei Asia (@NikkeiAsia) February 7, 2021

Focus on Economic Calendar

Schedule for Week of February 7, 2021 https://t.co/90RE1hmNnM The key report this week is January CPI.

Fed Chair Jerome Powell speaks on Wednesday on the "State of the U.S. Labor Market"

— Bill McBride (@calculatedrisk) February 6, 2021

U.S. ECONOMIC DATA THIS WEEK:

*JOLTS JOB OPENINGS (TUES.)
*CONSUMER PRICE INFLATION (WED.)
*JOBLESS CLAIMS (THURS.)
*CONSUMER SENTIMENT (FRI.)

⚠️TRACK THE DATA IN REAL-TIME: https://t.co/zssQozulLL$DIA $SPY $QQQ $VIX pic.twitter.com/0AAgbMA35w

— Investing.com (@Investingcom) February 7, 2021

Top 10 Macro/Financial Charts of the Previous Week – w5

⚠ Top 10 Macro/Financial Charts of the Week – w5 ⚠

HT @SamRo, @asiahodl, @MacroCharts, @bullmarketsco, @zerohedge, @Schuldensuehnerhttps://t.co/At1eD9Tt47

— Christophe Barraud (@C_Barraud) February 8, 2021

What happened in the World Economy last Week – in charts – w5 (Bloomberg)

What happened in the world economy this week – in charts https://t.co/ibXsAAKvME

— Bloomberg Asia (@BloombergAsia) February 5, 2021