Sections
Title | Starting Page | Number of Pages |
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The Week Ahead | 1 | 1 |
The Long View | 1 | 1 |
Ratings Round-Up by Njundu Sanneh | 1 | 1 |
US Downgrades in Energy and Healthcare. | 1 | 1 |
Market Data | 1 | 1 |
Moody s Capital Markets Research recent publications | 1 | 1 |
Weekly Market Outlook Contributors: | 1 | 1 |
Credit Markets Review and Outlook | 2 | 3 |
Jobs outlook suggests spreads are too thin | 3 | 1 |
Unemployment rate overstates labor market tightness | 3 | 1 |
Ratio of jobs to the working-age population outshines other possible inflation indicators | 4 | 1 |
The Week Ahead US, Europe, Asia-Pacific | 5 | 8 |
THE US | 5 | 1 |
Friday, January 13 | 5 | 1 |
Producer Price Index December | 5 | 1 |
Time: 8:30 am | 5 | 1 |
Forecast: 0.3% overall, 0.1% core | 5 | 1 |
Higher fuel costs can lead the Producer Price Index to the second straight substantial monthly gain in December. The PPI now points to an end of a disinflationary period, rising at the two-year high rate of 1.3% yearly to November. That trend gives ... | 5 | 1 |
Retail Sales December | 5 | 1 |
Time: 8:30 am | 5 | 1 |
Forecast: 0.7% overall, 0.5% ex auto | 5 | 1 |
Rising incomes and a burst in auto sales can lead a strong gain for retail sales in December. Sales have shown some uplift of late, rising 3.8% yearly in the three months ending November the best such result in seven months. But while the rate of re... | 5 | 1 |
Business Inventories November | 5 | 1 |
Time: 10:00 am | 5 | 1 |
Forecast: 0.6% | 5 | 1 |
Business inventories are projected to expand in November at the fastest pace in 16 months after sliding in the previous month. The inventories-to-sales ratio of 1.37 in October is the lowest in 15 months, as bloated stockpiles are less of a hindrance... | 5 | 1 |
University of Michigan Consumer Sentiment January Preliminary | 5 | 1 |
Time: 10:00 am | 5 | 1 |
Forecast: 98.5 | 5 | 1 |
Consumer sentiment in the Michigan survey can reach its highest level in over a decade as post-election optimism persists. Higher fuel costs may have a key role in influencing sentiment indices in the months ahead. Though more expensive fuel can wei... | 5 | 1 |
Wednesday, January 18 | 5 | 1 |
Consumer Price Index December | 5 | 1 |
Time: 8:30 am | 5 | 1 |
Forecast: 0.3% overall, 0.2% core | 5 | 1 |
Higher fuel costs can bring annual growth in the Consumer Price Index above 2% for the first time in over two years. The core CPI had long ago breached that level, as growth in shelter costs in excess of 3% has been a consistent cost pressure for con... | 5 | 1 |
Industrial Production &Capacity Utilization December | 6 | 1 |
Time: 9:15 am | 6 | 1 |
Forecast: 0.6% industrial production, 75.5% capacity utilization | 6 | 1 |
Undoing declines in auto and utility sector output can guide industrial production in December to one of the largest monthly increases of the past two years. Warm weather created three consecutive monthly declines of at least 2% in utility sector out... | 6 | 1 |
NAHB Housing Market Index January | 6 | 1 |
Time: 10:00 am | 6 | 1 |
Forecast: 69 | 6 | 1 |
Homebuilder confidence may dip a bit in January after leaping to the 12-year high in December. Yet based on builder sentiment, 2017 is shaping up for strong gains in residential construction. The index measuring expected sales over the next six mont... | 6 | 1 |
Thursday, January 19 | 6 | 1 |
Housing Starts &Building Permits December | 6 | 1 |
Time: 8:30 am | 6 | 1 |
Forecast: 1.20 million starts, 1.22 million permits | 6 | 1 |
Housing starts look to surge ahead in December after taking a dive in the previous month. Permits rose 32% annualized in the three months ending November against the prior three months, a strong indicator for near-term building activity. That spike ... | 6 | 1 |
EUROPE | 6 | 1 |
Friday, January 6 | 7 | 1 |
France: Foreign Trade (November; 8:00 a.m. GMT) | 7 | 1 |
Euro Zone: Retail Sales (November; 10:00 a.m. GMT) | 7 | 1 |
Euro Zone: Business and Consumer Sentiment (December; 10:00 a.m. GMT) | 7 | 1 |
Monday, January 9 | 8 | 1 |
Italy: Unemployment (November; 9:00 a.m. GMT) | 8 | 1 |
Euro Zone: Unemployment (November; 10:00 a.m. GMT) | 8 | 1 |
Germany: Industrial Production (November; 11:00 a.m. GMT) | 8 | 1 |
Tuesday, January 10 | 8 | 1 |
France: Industrial Production (November; 7:45 a.m. GMT) | 8 | 1 |
Wednesday, January 11 | 8 | 1 |
Spain: Industrial Production (November; 8:05 a.m. GMT) | 8 | 1 |
Thursday, January 12 | 9 | 1 |
Euro Zone: Industrial Production (November; 10 a.m. GMT) | 9 | 1 |
Friday, January 13 | 9 | 1 |
Italy: Industrial Production (November; 9:00 a.m. GMT) | 9 | 1 |
Asia-Pacific | 10 | 1 |
Friday, January 13 | 10 | 1 |
South Korea Monetary Policy January | 10 | 1 |
India Foreign Trade December | 10 | 1 |
Monday, January 16 | 10 | 1 |
China Foreign Direct Investment December | 10 | 1 |
Japan Machinery Orders November | 10 | 1 |
Japan Industry Activity Indexes November | 11 | 1 |
Indonesia Foreign Trade December | 11 | 1 |
India Wholesale Price Index December | 11 | 1 |
Tuesday, January 17 | 11 | 1 |
Australia Housing Finance November | 11 | 1 |
Singapore Foreign Trade December | 11 | 1 |
Wednesday, January 18 | 12 | 1 |
Thursday, January 19 | 12 | 1 |
Australia Employment Situation December | 12 | 1 |
Indonesia Monetary Policy January | 12 | 1 |
Friday, January 20 | 12 | 1 |
China Fixed Asset Investment December | 12 | 1 |
China GDP 2016Q4 | 12 | 1 |
China Industrial Production December | 12 | 1 |
China Retail Sales December | 12 | 1 |
The Long View | 13 | 4 |
Credit spreads | 13 | 1 |
The recent high-yield bond spread of 405 bp is less than what is predicted by the spread s macroeconomic drivers and the high-yield EDF metric, but it is wider than what might be inferred from a now below-trend VIX index. The implications for liquidit... | 13 | 1 |
Defaults | 13 | 1 |
US CORPORATE BOND ISSUANCE | 13 | 1 |
Through the first 50 weeks of 2016, US$-denominated corporate bond issuance showed year-over-year percent changes of a 4.3% increase for investment-grade and a -6.5% drop for high-yield. US economic outlook | 14 | 1 |
EUROPE | 14 | 1 |
Asia Pacific | 15 | 2 |
Ratings Round-Up | 17 | 1 |
Ratings Round-Up | 17 | 1 |
Ratings Round-Up | 18 | 1 |
Market Data | 19 | 4 |
Moody s Capital Markets Research recent publications | 23 | 3 |