It’s been an interesting week as events made headlines and shook up financial markets. Donald Trump’s speech at Davos was eventful, and as expected, Trump pushed his America first agenda while making the argument for fair and reciprocal trade.
Despite the distraction of a U.S. government shutdown, the focus of capital markets this week will return to the more upbeat message of the global growth upswing and a couple of G7 central banks monetary communications.
The U.S. tax cut vote is expected to take place Tuesday and will almost certainly pass. It will go onto a Senate vote later in the week and possibly allow President Trump to sign it into law ahead of Christmas.
On his five-country Asian tour, US president Trump has already brought up trade grievances about China and Japan and has warned that no one "should underestimate, ever, American resolve." Here's more and what you need to know about the markets.
This is a busy week on many fronts: there are geopolitical risks in Spain (Catalonia) and the US, a plethora of Central Bank meetings, and a busy season of corporate earnings along with US data that will keep capital markets on its toes.
Debate unfolds as to what Bannon’s removal means for the Trump administration's economic agenda. See how his departure is affecting the market, especially in regard to the Jackson Hole meeting this week.