Weekly Market Outlook (02-05 January) ...Middle East

UPCOMING EVENTS:Tuesday: China Caixin Manufacturing PMI, Canada Manufacturing PMI.Wednesday: Switzerland Manufacturing PMI, US ISM Manufacturing PMI, US Job Openings, FOMC Minutes.Thursday: China Caixin Services PMI, US Challenger Job Cuts, US ADP, US Jobless Claims, Canada Services PMI.Friday: Eurozone CPI, Canada Labour Market report, US NFP, US ISM Services PMI.WednesdayThe US ISM Manufacturing PMI is expected at 47.1 vs. 46.7 prior. The last report saw the index falling further into contraction in November and the general commentary was pretty grim. The negative data continued in December with the US S&P Global Manufacturing PMI missing expectations and reaffirming the drag on the econom

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