The week ahead: Jan 23-27

After the World Bank released a bleak report on the outlook for emerging markets last week, what will the IMF’s forecast for global growth on Tuesday? World leaders will ponder the fund’s conclusions on Wednesday as the annual World Economic Forum commences in Davos, lasting five days. Elsewhere, the Egyptian parliament opens on Monday, India decides on interest rates on Tuesday, and Aviation giant Boeing reports fourth quarter results on Wednesday.

Monday, January 23

Global Competitiveness Forum holds annual meeting in Riyadh
ICC decides on whether to try six Kenyan politicians over election crimes
African Union summit takes place in Addis Ababa
Egypt’s People’s Assembly sits for first time since elections
Apple reports first quarter results

Economic data:

EU meeting on Iran oil embargo
Argentina publishes December trade balance

Tuesday, January 24

Hungarian PM meets EU Commission president over infringement of EU laws
UN Security Council holds quarterly open debate on the Middle East
Beoing reports fourth quarter results
PZ Cussons reports interim results

Economic data:

IMF publishes global growth forecast
Hungary holds monetary policy meeting
Turkey announces monetary policy decision
India holds monetary policy meeting
Philippines releases November trade balance and import data
Argentina releases December industrial production, January consumer confidence
Brazil reports December current account and foreign investment

Wednesday, January 25

Czech government votes on loan to IMF as part of EU debt crisis
First anniversary of Egyptian revolution
Argentinian president Cristina Fernández de Kirchner visits Chile
World Economic Forum holds annual conference in Davos

Economic data:

Russia reports December industrial production
Turkey reports January capacity utilization
South Korea releases Q4 GDP
Thailand holds monetary policy meeting
Argentina releases December supermarket sales
Brazil publishes January consumer confidence
Mexico releases December trade balance

Thursday, January 26

Producer price index released in South Africa
Monthly unemployment figures released in Brazil
Nokia reports fourth quarter results
Colgate-Palmolive reports fourth quarter results

Economic data:

Russia reports December retail sales
Russia reports December unemployment
Hong Kong releases December trade balance
Singapore releases December IP
Brazil releases monetary policy meeting minutes
Brazil publishes December unemployment rate
Mexico reports December retail sales

Friday, January 27

Senior UN nuclear officials visit Iran over nuclear arms concerns
Economic data:

Thailand releases December manufacturing production index
Vietnam releases January CPI
Chile releases monetary policy meeting minutes
Poland reports 2011 annual GDP data
Poland reports December unemployment and retail sales data
Procter & Gamble reports second quarter results

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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