Macro Dragon: US back in on Tues, Flash PMIs & Turkey Rate Cuts Week
Macro Dragon = Daily Cross Asset Views. Today we re-highlight the wk ahead; noting the US does not get back in until Tues. the wk will be dominated by a focus on flash PMIs globally, as well as a number of key inflation figures. Central bank wise, apart from Fed speakers - its really going to be all eyes on Turkey to see if they cut more than expected given Erdogan's obsession with lower rates despite elevated inflation. Geopolitical wise - lots of focus on the deflationary ripples from Covid-19, as well as what kind of stimulus (magnitude, time, where) is going to be coming from China. On the US side, Sat 22 Feb will see the Nevada Caucus.
Equity Update: Stocks Push Higher Despite Virus Concerns
Today we take a look at the latest moves across global markets and check in some company updates relating to the virus outbreak.
Global Markets: Lucky 8, As We Look Into Next Week...
We take a look at the upcoming WK #8, which will have flash PMIs, inflation out of the euro-zone, the United Kingdom & Canada, as well as rate decisions our of Indonesia, Hong Kong & Turkey. Bear in mind the US will be out on the long wkd given President's day on Mon.