The week ahead: Jan 16-20

Will new growth figures for China reinforce market expectations the economy is headed for a soft landing? Investors will be looking at fourth quarter real GDP data, as well as inflation and unemployment figures from Hong Kong. Eyes will also be on an interest rate decision in Brazil and consumption figures in South Africa. Chinese premier Wen Jiabao will be touring the Middle East, and the trials of Bosnian and Serbian ex-leaders will be held at the Hague Court.

Monday, January 16

Chinese premier Wen Jiabao on Middle visit
Foreign minister of Kosovo Enver Hoxhaj visits Germany
Senators begin impeachment trial of Philippines chief justice over favouritism toward ex-leader Gloria Arroyo
Indian foreign minister visits Sri Lanka
Vote of confidence in government of PM Yousuf Raza Gilani takes place in Pakistan
Asian Financial Forum takes place in Hong Kong
HKTDC Hong Kong winter fashion week takes place
Trial of former Bosnian Serb leader Radovan Karadzic resumes at the Hague
FAO African Forestry and Wildlife Commission meets in Benin
UN special rapporteur on the situation of human rights in North Korea visits Japan

Economic data:China releases December IP data
China releases Q4 real GDP
China releases December fixed assets investment
India releases December WPI
Peru releases November GDP and unemployment

Tuesday, January 17

King Abdullah of Jordan meets US president in Washington
Palestinian president Mahmoud Abbas visits Germany

Economic data:

China releases December property prices
South Africa reports November mining production

Wednesday, January 18

Economic data:

Poland reports December average gross wages
Turkey reports October unemployment
Ukraine reports December industrial production
China releases December FDI data
Brazil holds monetary policy meeting
Brazil publishes November economic activity
South Africa reports December inflation, holds monetary policy meeting
South Africa reports November retail sales

Thursday, January 19

New Bulgarian president Rosen Plevneliev takes oath of office
Case of Bosnian Serb wartime general Ratko Mladic resumes at Hague war crimes court
Case of Serbian former PM Nikola Sainovic takes place at ICTY in the Hague
Bahrain International Airshow takes place

Economic data:

Poland reports December core inflation
Hong Kong releases December unemployment rate
Philippines releases December balance of payments
Colombia publishes industrial production and retail sales data
Mexico publishes December unemployment

Friday, January 20

Economic data:

Hong Kong releases December CPI data
Taiwan releases December IP data
Taiwan releases December export orders
Argentina releases November economic activity
Mexico holds monetary policy meeting

Global equities macromap

Number of the day

240p The new offer for Cove Energy shares from PTT, trumping the bid from Shell.

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