2020 Economic Roller‑Coaster: A Quick Snapshot
Strap in, folks – the financial machine is gearing up for another round of surprises. Below is a chill‑style rundown of what’s cooking in the markets next week.
Singapore’s Blue‑Chip Countdown
The big name players in Singapore won’t drop their numbers until January 13th when S&PH hits the press. Until then, the spotlight is on a smorgasbord of data that’s sure to keep investors on their toes.
USA: Payroll Pulse & Unemployment Chill
- Non‑farm payroll numbers are the must‑watch – the Consensus curve says 165,000 jobs were added in December.
- Expect the unemployment rate to nudge up to 3.6 % – a gentle climb, but still in the green.
China: The Inflation Surge
- Inflation ticks up from 4.5 % in November to 4.7 % in December.
- This would be the fastest rise in prices in almost eight years.
- It’s mainly the pork price jump that’s driving the consumer index upwards.
Eurozone: Retail & Inflation Update
- Retail sales in November might climb 1.5 % versus last year’s month‑ago.
- Inflation should inch to 1.2 % in December from a 1 % drop in November.
India’s Price Pulse
- Inflation could sit at 5.5 % in December, missing the RBI’s 4 % mid‑term target.
- Food price hikes pushed last month’s figure to 5.54 %.
UK Growth Gears Down
- Economy may grow at 0.6 % annualised rate in November.
- That’s a pinch slower than the 0.7 % rise in October and the 0.9 % thrust in September.
Singapore Retail Sales: Up‑Down‑Shifts
- After a 2.2 % fall in October, November could rebound with a 2.5 % increase.
- Year‑on‑year sales are still down by roughly 1.5 %.
That’s a high‑level preview of the week’s most talked‑about ballads. Keep an eye out for the updates—something’s bound to hit the sweet spot for traders and investors alike.
© 2020 The Smart Investor
