
Chinese high-yield borrowers face refinancing crunch
Moody’s released the latest series of its Asian Liquidity Stress indicator earlier this month and found it at the highest level on record, 38.6%. Evaluating that number in its own right is arcane, but what is significant is that it...

Trump’s dismal popularity among foreigners may be costing the US billions in exports
President Donald Trump’s unpopularity overseas could be lowering American exports by billions of dollars as foreign demand for U.S. goods moves in tandem with international respect for the Oval Office, according to a new study from the University of California,...

Market Wrap: Markets High On Hopium
China is thinking of coperating with the US and Trump may abolish the trade tariffs, what else do you need? Stocks The S&P 500 Index jumped 0.5 percent on trade hopes as of 15:46 London time. The Stoxx Europe 600...

Australia & New Zealand Weekly
Week beginning 21 January 2019 Australia: Westpac-MI Leading Index, employment. NZ: CPI. China: GDP, retail sales, fixed asset investment, industrial production. Euro Area: ECB policy decision, IFO survey, Davos World Economic Forum. US: data delay due to shutdown. Other central...

Week Ahead – Spotlight on ECB and BoJ as Growth Jitters Persist; China GDP also Eyed
The European Central Bank and the Bank of Japan will hold their first policy meetings of 2019 next week as concerns mount about a global downturn. GDP figures out of China could underscore the worsening outlook, while flash PMIs out...

Weekly Focus – More Weakness ahead Before Relief
This publication has been prepared by Danske Markets for information purposes only. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. Whilst reasonable care has been taken to ensure that its contents...

EURJPY Looks To Recover Further Higher Towards 125.08 Zone
EURJPY looks to recover further higher towards 125.08 zone as it eyes price extension. Support comes in at the 124.50 level where a break if seen will aim at the 124.00 level. A cut through here will turn focus to...

Canadian Inflation Surprised to the Upside in December (Airfares Again!)
Highlights: Headline CPI inflation unexpectedly jumped to 2.0% in December from 1.7% in November. Airfares rose 22% month-over-month with methodology changes to that component causing volatility over the second half of 2018. July’s 16% increase was subsequently retraced in September,...

The record government shutdown, if not resolved soon, could be ‘fodder for recession’: Moody’s
American consumers could lose faith in the economy if federal workers don’t go back to work soon, Moody’s Analytics chief economist Mark Zandi warned Friday. “If this drags on into February, March, then growth rates are going to fall to...

Consumer sentiment drops to lowest level since 2016 US election
Consumer sentiment dropped to its lowest level since before the U.S. presidential election in 2016 amid growing concerns over U.S. economic growth, according to data released Friday. The University of Michigan consumer sentiment index fell to 90.7 this month —...