Global equities ended mostly lower last week, amid fears that a new strain of Covid-19 may lead to tighter lockdown restrictions.
UK Markets ended the week in negative territory, amid concerns over the rapid spread of a new strain of the coronavirus.
Public sector borrowing advanced to a record high in November.
Britain’s economy rebounded at a faster than estimated pace in the third quarter.
UK’s current account deficit widened in 3Q20.
European Markets ended the week on a negative footing, amid worries that the new strain of coronavirus may worsen economic slowdown.
Eurozone’s consumer confidence index improved in December.
Germany’s GfK consumer confidence index is set to fall in January.
US Markets ended mostly higher last week, after the US Congress approved a $900 billion coronavirus aid package.
US economy rebounded more than previously estimated in 3Q20.
The housing price index rose on a monthly basis in October.
The Richmond Fed manufacturing index advanced in December.
US initial jobless claims retreated from a three-month high in the week ended 18 December 2020.
Durable goods orders rose on a monthly basis in November.
The MBA mortgage applications advanced on a weekly basis in the week ended 18 December 2020.
The Chicago Fed National Activity Index fell in November.
The CB consumer confidence index unexpectedly declined in December.
Existing home sales dropped for the first time in 5 months in November.
New home sales declined more-than-expected on a monthly basis in November.
US Michigan consumer sentiment index increased less than market forecast in December.
US personal spending fell on a monthly basis in November.
In the US, personal income dropped on a monthly basis in November.
The Dallas Fed manufacturing business index dropped in December.
Asian Markets ended mostly lower last week.
In Australia, retail sales jumped in November.
Australia’s private sector credit demand grew in November.
In Japan, the unemployment rate unexpectedly fell in November.
Japan’s retail trade dropped on a monthly basis in November.
In Japan, the Tokyo consumer price index (CPI) fell on an annual basis in December.