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Sunday, September 8

8th Sep - Weekly Previews #4164


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World Economy Week AheadBB
‘Super Mario’ Draghi Set to Ride Again * Inflation data released in U.S. as Fed officials stop talking

Take Five: Market themes for the week aheadReuters
Go big, ECB, or go home * A bat in Europe * Brexit * China * US retail

Key events in developed markets next weekING
All eyes on the ECB next week, where investors will see how dovish the ECB can really be. Throw in some new developments in the race against no-deal Brexit and some fresh US data and we have a very interesting week ahead

EcoWeek BNP PARIBAS
Elevated uncertainty slows growth despite lower rates

Global Week AheadScotiabank
Europe: ECB meeting * US: August CPI and retail sales

Week AheadNordea
Everything is solved it seems, but nothing has actually been solved * The Riksbank is now officially procyclical * Don’t get too confused by the ECB hawks on parade

Weekly FocusDanske Bank
Euro area: ECB meeting, unveiling of the long-awaited stimulus * UK: Brexit and the timing of a potential snap election * China: credit and money growth data * US: Fed's blackout period starts, CPI core figures for August

Macro WeeklyABN AMRO
Global manufacturing business confidence improves a touch but world trade remains under pressure. Hard to see where material improvement will come from

China WeeklyDanske Bank
US-China trade talks are set to resume in Washington in October. While we do not see scope for a big breakthrough, it may put escalation fears in the background for now. The situation is still very fluid, though. * Xi Jinping mentioned the word 'struggle' 60 times in a speech this week. *  China signals more stimulus is coming in order to keep growth within the 6.0‑6.5% growth range. PMI data still signal weakness but no hard landing. * USD/CNY is close to 7.20 but should take a break here as the People's Bank of China signals it has gone far enough and trade war fears are abating for now. * Hong Kong has withdrawn the extradition bill but it is still unclear whether this will stop the crisis.

Weekly Market CommentMarc Chandler
Gaming the ECB and Putting the Cart Before Horse in the Brexit Drama

Key events in EMEA and Latam next weekING
Central banks of Turkey, Poland and Serbia meet next week. Rates are likely to remain on hold, though we could see some interesting macro-prudential developments in Poland regarding mortgage loans. Also expect inflation to tick up in Serbia, Hungary and the Czech Republic