Global equities ended firmer last week, amid rising hopes for an end to the trade conflict between the US and China..
UK Markets ended the week in positive territory, amid signs of easing US-China trade tensions.
UK’s consumer price index (CPI) fell on a yearly basis in December, recording its lowest level in nearly two years.
The annual producer price index (PPI) rose less than market expectations in December.
The house price index advanced less than market anticipations on a yearly basis in November.
Retail sales declined more than market forecast on a monthly basis in December.
The RICS house price balance dropped more-than-anticipated in December.
The Rightmove house price index rebounded on a monthly basis in January.
The Bank of England (BoE) Governor, Mark Carney, warned that financial markets are likely to remain volatile against the backdrop of Parliament’s rejection of the British Prime Minister, Theresa May’s Brexit plans.
European Markets ended the week on a positive footing, amid optimism over US-China trade talks.
The Eurozone’s industrial production dropped more than market forecast on a monthly basis in November, marking its sharpest monthly fall since February 2016.
Monthly construction output in the Eurozone declined in November.
The Eurozone’s current account surplus narrowed more than market expectations in November.
Trade surplus in the Eurozone widened more than market anticipations in November.
The Eurozone’s CPI climbed in line with market expectations on a yearly basis in December.
Germany’s gross domestic product (GDP) climbed in line with market forecast on an annual basis in the fourth quarter of 2018, recording its weakest growth in five years.
In Germany, the CPI fell to its lowest level in eight months on an annual basis in December.
US Markets ended the week in green, marking its fourth consecutive weekly gain, on the back of corporate earnings results and progress towards US-Sino trade negotiations.
The US PPI climbed in line with market anticipations on an annual basis in December.
The NAHB housing market index registered an unexpected rise in January.
The MBA mortgage applications climbed in the week ended 11 January 2019, recording its strongest reading since February 2018.
Initial jobless claims unexpectedly declined to a 5-week low level in the week ended 12 January 2019.
The Philadelphia Fed business index rose more than market forecast in January.
Manufacturing production climbed more than market forecast in December, notching its highest level in 10 months.
Industrial production registered a more-than-anticipated advance on a monthly basis in December.
The NY Empire State manufacturing index registered a more-than-expected decline to its lowest level in a year in January.
The Michigan consumer sentiment index declined more than market expectations in January, marking its lowest level since 2016 US elections.
Asian Markets ended firmer last week, mirroring gains in their US counterparts.
Australia’s ANZ Roy Morgan weekly consumer confidence index advanced in the week ended 13 January 2019.
Consumer inflation expectations in Australia eased in January.
In Australia, the Westpac consumer confidence index dropped in January.
Australia’s seasonally adjusted home loan approvals dropped less than market expectations on a monthly basis in November.
Japan’s national CPI advanced in line with market expectations on an annual basis in December.
Industrial production in Japan dropped on a monthly basis in November.
China’s GDP rose at par with market expectations on a quarterly basis in 4Q18.
Industrial production in China climbed more than market anticipations on an annual basis in December.
China’s retail sales rose more-than-expected on a yearly basis in December.