THIS WEEK’S MARKET-MOVING EVENTS (all days local)
The upcoming week features a mix of global economic data releases, with China kicking off Monday with its CFLP composite PMI showing flat manufacturing activity at 50.1 and a slight dip in services PMI to 52.1. Germany’s Ifo survey for January is projected to remain weak, with minimal changes in business climate and expectations compared to December. In the U.S., December’s new home sales are expected to show growth, despite 30-year mortgage rates exceeding 7%. Tuesday highlights include U.S. durable goods orders, forecasted to rise 0.8%, and consumer confidence, anticipated to rebound to 106.3 in January after a decline in December.
Midweek, the Bank of Canada is expected to slow its pace of monetary easing with a 25-basis-point rate cut, while the Federal Reserve is anticipated to hold rates steady amid strong economic conditions and persistent inflation. Thursday sees Japan’s inflation inching higher, while unemployment remains stable at 2.5%, reflecting labor shortages. Japan’s industrial production is forecast to rebound slightly, and retail sales are expected to show moderate growth. Meanwhile, Eurozone GDP for Q4 is projected to rise modestly by 0.2% on the quarter, with France stagnating, Germany contracting, and Italy posting a modest gain. The European Central Bank is likely to announce a 25-basis-point rate cut.
Friday wraps up with inflation data from France and Germany, with France’s CPI forecasted to rise to 1.5% annually and Germany’s to remain steady at 2.6%. Canada’s November GDP is expected to shrink by 0.1%, reflecting declines in key sectors like retail, wholesale trade, and manufacturing. The week’s data points underscore the mixed recovery across global economies, with inflation, labor conditions, and central bank policies taking center stage.
Econoday
In our blog
Here is a question? Why has the EURUSD recovered and DAX at record levels given the risk of Trump tariffs. prospect of lower interest rates, an underperforming German economy and political uncertainty in Germany (and France)?
Swiss stocks closed higher on Friday as the World Economic Forum in Davos comes to a close and markets shift their attention to next week’s key monetary policy decisions in Europe and the US.
The Swiss Market Index edged up 0.18% at the end of the trading day.
In corporate news, Baader Europe raised its price target on Sandoz SDZ to 46.6 francs from 44.2 francs, primarily driven by the Swiss pharmaceutical company’s strong growth in biosimilars and initiatives to improve margins. The stock was up 1.26% at closing.
Of course Swiss market index is lagging ( a lot) behind the DAX, but is more stable .
With both – FOMC and ECB interest rate decision next week and not to forget BOC for those trading USDCAD, it is going to be a very exciting trading week.
I hope that the market will make a decision as well once it all passes and that we can have some clear direction midterm.
With all the Geopolitical shakings right now, Trump expressing some interesting ideas , coupled with European slow down we can expect two possible outcomes :
–Â Â Â Â Â Â Â Â Â Either the crisis increase to the unbearable levels or
–Â Â Â Â Â Â Â Â Â All settles down with some new (old) ways , in which case no one will be fully happy, but no one ever is.
We that work the markets have to be extremely sensitive to all of it , to be able to make it .
Anyone heard of “Free Range Chicken Meat” and “Free Range Chicken Eggs”. Nowadays people who got land space can build chicken barns large enough to accomodate more chickens and eggs than they can eat and have to give away to friends and neighbors and strangers… A chicken barn about 2000 sq ft can house approx 900-1000 chickens but it is needed only when there is a predatory threat or when the weather is bad (Rain, Snow, Flood, Heat Waves etc) but other than that the chickens are allowed to roam about outside the barn, and perch under the shade of trees, on logs/tree branches laid all over the land for them. What do they feed them?. They eat what lives on the land, such as various plants/insects/earthworms etc. The major diet for them however consists of boiled rice mixed with oats / boiled rice & oats mixed in with overripe fruits and vegetables / a banana tree/lettuce/cabbage is shredded and mixed with oats and boiled rice and about 20% commercial poultry feed. Chickens require feeds high in water content to make their meat juicier when cooked, and need to have enough salt in their food which will make them thirsty to drink ample water and not dehydrate as a result. Free range chickens suffer from no stress, are healthier as well. Their meat is lean with less fat. Their eggs weigh slightly less, egg yields are about 30% less but contain a higher amount of Omega’s…
—————–
Expect record-high egg prices for most of the year
https://edition.cnn.com/2025/01/25/business/egg-prices-avian-flu-outbreak/index.html
Chcek it out Idris – moving averages :
How to Use Moving Averages to Find the Trend
How to Use Moving Averages as Dynamic Support & Resistance Levels
Big event week ahead
Newsquawk Week Ahead Highlights – 27-31st January 2025
Highlights include FOMC, ECB, BoC, US PCE, EZ GDP, Tokyo and Australian CPI
© 2024 Global View