What Happened This
Week in the World Economy – BB
Global
Economy Endures a Case of the Mondays, All Week Long * China’s slowdown
center-stage as growth demons proliferate
Take Five: World
markets themes for the week ahead – Reuters
Fed
meeting to preach patience and a pause in rate hikes * China and talks with US
* Brexit Plan B * Tech in focus after earnings downgrades and upcoming results
from Apple and Microsoft * Venezuela
Key
events in developed markets next week – ING
Jam-packed
week ahead for developed markets, but with no end in sight for the US
government shutdown and a Federal Reserve likely to hit the brakes, our main
focus turns towards Eurozone data - particularly growth and inflation, which in
our view is going to give the ECB a lot to think about
EcoWeek – BNP
PARIBAS
When
environmental, trade and social policies meet
Week in Focus – Ransquawk
Week Ahead:
Earnings recession time? – Nordea
Evidence
of the risk of a global earnings recession is gathering, but the risk appetite
still chugs along decently, maybe in anticipation of a debt ceiling liquidity
bailout. Powell’s QT comments will be the key next week.
Weekly Focus:
US-China trade talks are the “name of the game”– Danske
Bank
US-China
talks on 30-31 January * UK vote on Brexit plan B * US jobs report and
shutdown’s effect, Fed meeting * Euro area Q4 GDP, January inflation
Macro Weekly:
Evidence that demands a verdict – ABN
AMRO
Recent
data suggests slump in world trade deepening, US appears not to be affected * Uncertainties
related to Brexit, the US-China trade conflict and the partial US government shutdown
continue to cloud the near-term outlook
China Weekly:
Trade talks enter crucial stage – Danske
Bank
Trade
talks enter crucial stage - our base case is still deal by end-Q2 * GDP growth
slows - but construction and infrastructure provide support * Xi Jinping warns
of rising risks at seminar for top officials
Weekly Market
Summary
– The
Fat Pitch
SPX
has now gained 13% since Christmas Eve, while the Nasdaq is up 16%. After the
recent plunge, it would be normal for the indices to give up most of their
gains and retest the lows again. That's been a consistent pattern over the past
40 years. But when a plunge is followed by exceptional breadth like we have
witnessed in the past month, a low retest has been unlikely.
Weekly Market
Comment
– Marc
Chandler
Divergence
Reinvigorated
FX weekly: On
climate angst and fake news – Nordea
The
ECB finally admitted downside risks versus the too lofty expectations they
hold, but they didn’t refrain from adding new factors to the already huge list
of temporary reasons for EA growth weakness. Could “climate angst” be next up?
Week in Focus – RanSquawk