Brexit
* China’s economy * ECB meeting * US shutdown slowdown * Davos
Weekly World
Economy –
BB
‘Goldilocks
Economy’ References Doomed as Global Storms Set In * Ugly global growth signs
turn even policy hawks more cautious
EcoWeek – BNP
PARIBAS
Brexit,
the cost of uncertainty
Week Ahead – Nordea
Are
we nearing the peak of “China slowdown”? * Euro-area sentiment to deteriorate
further * Meet the new Swedish government, same as the old one, but with a
Macron twist
Key events in developed markets next week – ING
US
shutdown strains continue * ‘Plan B’ goes to parliament in the UK– but too
early for real cross-party progress * Nothing new from the ECB, but we'll get
an insight into Eurozone sentiment * German Ifo's: Don't expect a miracle * Norges
Bank to signal a March rate hike
Weekly Focus – Danske
Bank
US
shutdown limits data output * Growth debate to increase in ECB meeting * Brexit
plan B to be expected
Global Week Ahead – Scotiabank
China
macro story dominates attention * ECB meeting * Davos and IMF outlook
Macro Weekly – ABN
AMRO
Germany
escapes recession, that’s not bad * Very poor Chinese trade data * US housing
and mortgages responding to lower mortgage rates * Fed patient * Brexit mess * Light
at the end of the trade-conflict-tunnel
Key events in EMEA
and Latam next week
– ING
Very
cold weather in Russia last month probably helped industrial output while in
Poland, retail sales data should show that consumers are still in the mood to
spend
China Weekly
Letter
– Danske
Bank
Weak
data confirms slowdown - but markets are calm * US-China high-level trade
negotiations confirmed for 30-31 January * Wall Street Journal story adds to
signs that a trade deal is coming * China announced further opening up for
inbound financial investments
FX weekly: The
Mnuchin Bailout?
– Nordea
Path
of most pain has been higher for equities, as the rally hasn’t only been
unloved; it must have been hated (by macro hedge funds and CTAs). Mnuchin’s
trade comments have been helpful for risk, but what if another “Mnuchin
bailout” lies in store?