Currencies
Week ahead: UK Withdrawal, China data in focus
All eyes will shift back towards Westminster this coming week, with the Prime Minister set to present her 'Plan B' for Britain's withdrawal from the European Union on Monday, even as she comes under pressure from many sides to cede on some of her 'red lines'.
China offers six-year plan to cut trade surplus with US to zero, Bloomberg reports
China has offered to embark on a six-year $1. 0trn buying spree of US goods in a bid to reconfigure the trade relationship between the two economic giants and reduce its trade surplus with America to zero by 2024, Bloomberg reported.
US consumer sentiment hits lowest level since Trump election
US consumer sentiment deteriorated a lot more than expected this month, dropping to its lowest level since Donald Trump was elected as worries about trade tariffs and the government shutdown took their toll, according to a preliminary reading from the University of Michigan.
US manufacturing and mining output jumps in December
US industrial production edged past forecasts last month, as manufacturing and energy output ramped-up.
IEA sticks to forecast for slight pick-up in global oil demand for 2019
The rich world's energy watchdog reiterated its forecast for global oil demand growth in 2019, even as it highlighted the multiple sources of uncertainty which existed on both the demand and supply sides of the equation.
Washington may be open to lifting some tariffs on China, Journal says
Washington might be prepared to make concessions of its own should Beijing decide to 'play ball' in upcoming trade talks.