Key Economic News To Watch This Week: Jan. 9
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A quick preview of the key economic events for the upcoming week:
Last week’s economic and employment data from the world’s largest economy, the United States, brought much relief for global markets.
According to Fed data, the United States gained 200,000 payroll jobs in December, while official unemployment continued its downward trend, dipping to its lowest level in 3 years at 8.5 percent.
Monday, January 9
A quick preview of the key economic events for the upcoming week:
Last week’s economic and employment data from the world’s largest economy, the United States, brought much relief for global markets.
According to Fed data, the United States gained 200,000 payroll jobs in December, while official unemployment continued its downward trend, dipping to its lowest level in 3 years at 8.5 percent.
Monday, January 9
German Chancellor Angela Merkel meets with French counterpart Nicolas Sarkozy to discuss new rules on budget discipline and closer financial integration.
Chief Executive of Llyods, Antonio Horta-Osorio, is expected to return to for after a long medical absence. He reportedly suffered from fatigue after just six months at the helm of the bailed-out bank.
Related News: Bankers in London Need Mental Help
Tuesday, January 10
New Hampshire goes to the polls in a primary election leading up to the November presidential election, when Barack Obama stands for a second term as President.
The United Kingdom parliament returns, following the Christmas recess.
Wednesday, January 11
The World Economic Forum publishes its Global Risks 2012 report, a report that analyses how 469 industry and business leaders perceive the future risks that affect global stability and governance.
Related Story: A Fragile and Unbalanced Global Economy in 2012: Nouriel Roubini
Related Story: China vs. India – Is Either Economy At Risk? : Stephen S. Roach
Thursday, January 12
Officials from the EU and the US meet in Copenhagen for discussions on justice and security.
The Policy Exchange think-tank in London meets to debate the motion “Executive pay: designing rewards for success not failure”. If successfully pushed through, UK investors would soon get the power to veto executive pay of public listed companies.
Friday, January 13
The United States releases its trade balance report, which narrowed in October despite a record increase in imports from China. Analysts expect the deficit to grow to $44.6 billion in the fourth quarter.
Related News: China Sees Rapid Growth in Imports As Export Growth Slows
Saturday, January 14
Presidential and parliamentary elections take place in Taiwan. In part, it is seen as a referendum for current president Ma Ying-Jeou and his pro-China policies.
