The week ahead: Eyes on Boao Forum in China - Rabobank
|Analysts at Rabobank offered their outlook for the week ahead.
Key Quotes:
"Shifting from the fundamental to the trivial, today we see just German trade data and Canadian housing starts. Fasten your seatbelt for those data-points."
"Tomorrow we have the Boao Forum in China, where President Xi will speak: will we get more paeans to free trade, as at Davos? And if so, will anybody really believe them? We also get the Aussie NAB business survey, the US NFIB small business survey, and US PPI inflation and wholesale inventories."
"Wednesday has Chinese money-supply and new lending (hint: it will be a huge figure, which is what we can call deleveraging with Chinese characteristics) then CPI and PPI, UK trade and industrial production, and US CPI."
"Thursday see PBOC Governor Yi Gang speak at an IMF Conference, Aussie home loans, then Eurozone and Indian industrial production. Friday then ends the week with the RBA’s Financial Stability Review, the Fed’s Rosengren speaking on the economy, and Bullard on “Living Standards across US Cities”(! - Whatever next: “The Fed’s Favourite Episode of ‘Friends’?!”). Then we see Michigan consumer confidence."
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