Easing Covid travel rules and upbeat retail data should ease New Year’s blues

Easing Covid travel rules and upbeat retail data should ease New Year’s blues

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Hello and welcome to Workweek.

Cheer up. The next seven days will be an uphill struggle as temperatures feel chilly, the post-holiday dip continues and people grapple with New Year’s resolutions that will test their limits.

Throughout the Northern Hemisphere, countries crushed The coronavirus variant by Omicron and the Christmas holidays seem like an almost distant memory. This week’s diary includes inflation updates and details on how climate change is (negatively) affecting US weather.

Is there any reason to be happy — aside from the revival of the Week Ahead newsletter, of course? Yes.

Covid-19 rules are being eased for British travellers and Belgians who need to self-isolate.In addition, pandemic data is added daily, increasing our understanding of how to respond to Omicron and Indicates that its spread may have peaked in some places.

For British cricket fans, the final Test match of the Ashes series will be played in Hobart this week, which means the daily tragic score news is coming to an end. Not only can Australians enjoy the spectacle, they can also look forward to the Australian Open in Melbourne in seven days.And, it will be decided at a court hearing on Monday whether to continue expel Novak Djokovic, they have the promise of a new men’s singles title.

There may be some good news in the corporate diary this week. Upbeat reports from several leading retailers and Wall Street banks are expected – see the “Companies” section below. The Dutch can expect the government to finally form, 10 months after the election.

Overall it doesn’t seem to be getting better, but if you try hard enough there is always some reason to hope – email me and let me know what you think [email protected].

Economic data

This week’s economic data report will begin with Monday’s EU unemployment data.Inflation will also be News item (Again) Monthly updates from China, US, India, Japan and France.

company

How was your Christmas?This week we will find out how good For some retailers, mainly in the UK.

The process starts with Bullish update last Thursday from Next — a British retailer that has been upgrading its outlook over the past 12 months — and the popular bakery chain, Greggs. This week’s update could be more complicated.

When Assos Last updated market, its chief executive left, and its shares fell by nearly a fifth. Investors may be relieved to hear that “P1” (the company’s all-time four-month period to the end of December) hasn’t gotten any worse.Retailers are also set to release quarterly results this week, especially Fast Retailing, owner of Uniqlo, Thursday.

Elsewhere, it’s the start of bank reporting season — and high hopes This comes after the industry recently rebounded on expectations of rising interest rates and signs of a pick-up in loan demand. JPMorgan, Citigroup and FuGuo bank Litigation will begin on Friday. Investors are watching for updates on their outlook for 2022.

Major Economic and Company Reports

Below is a more complete list of company reports and economic data this week.

on Monday

  • EU, Eurozone unemployment rate

  • result: Brunello Cuccinelli fiscal year

Tuesday

  • European Union, Industrial Production Data

  • UK, UK Retail Federation – KPMG Monthly Retail Sales Monitoring Report

  • World Economic Forum releases global risk report

Wednesday

  • China, India, Russia, United States: Monthly Consumer Price Index (CPI) Data

  • EU, India: Monthly Industrial Production Data

  • Italy, retail data

  • take out only Fourth Quarter Trading Update

  • United Kingdom, based on medium-term national population projections for 2020

  • United States, Federal Reserve Beige Book published

  • White bread Q3 Trading Update

Thursday

  • Assos Transaction Statement

  • China, monthly trade data

  • Italy, Industrial Production Data

  • Japan, United States: Monthly Producer Price Index Data

  • Marks & Spencer Q3 Trading Update

  • Persimmon Transaction update

  • Tesco Q3 Transaction Statement

  • UK, Recruitment and Employment Federation and KPMG monthly employment report

  • result: Sudzuk the third quater, Fast Retailing the first season

Friday

  • EU, monthly international trade in goods data

  • France, CPI data

  • Germany, full year GDP data

  • UK, monthly GDP estimates, industrial production figures, trade figures and productivity figures

  • US, industrial production and retail sales data

  • result: Citigroup the fourth quarter, JPMorgan the fourth quarter, FuGuo bank fourth quarter

world events

Finally, here’s a rundown of other events and milestones this week.

on Monday

  • Relaxation of Covid-19 rules takes effect in Belgium. Fully vaccinated people will no longer need to self-isolate if they have been in close contact with someone infected with the coronavirus, which will be reduced from 10 days to seven days. This comes after rules were relaxed for fully vaccinated travellers arriving in the UK, who can now have a cheaper lateral flow test instead of a PCR test.

  • Belgium, NATO Ukraine committees to meet in Brussels

  • The Netherlands, almost 10 months after the election, the new Dutch government is about to take office

  • U.S., film and television Golden Globes announced

Tuesday

  • Cuba, 20 years after the first detainees arrived at Guantanamo Bay

  • Hillary’s term begins in UK, High Court and Court of Appeal

Wednesday

  • NATO’s highest military authority, the Military Council, holds a meeting of defense ministers at NATO headquarters in Brussels.Separately, the NATO-Russia committee will meet to discuss the massing of Russian soldiers on the Ukrainian border

Thursday

  • Italy, 10th anniversary of Costa Rica cruise ship disaster, 32 dead

  • US, NASA and NOAA announce 2021 global temperature rankings

  • The United Nations will release the report on the world economic situation and outlook in 2022

Friday

  • Australia, Hobart Ashes series fifth Test cricket begins

  • New Year Celebrations for Orthodox Christians

  • Tunisia, anniversary of the overthrow of President Zein Abidine Ben Ali

Saturday

Sunday

  • Ireland, 100th anniversary of state ceremony at Dublin Castle, marking the beginning of the official transfer of power to the Irish Free State

  • Netherlands, protesters against government response to coronavirus march in Amsterdam

  • Serbia holds constitutional referendum on its judiciary

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