Weekly Market Outlook (09-13 December) ...Middle East

UPCOMING EVENTS:Monday: China CPI.Tuesday: RBA Policy Decision, US NFIB Small Business Optimism Index.Wednesday: Japan Tankan Index, Japan PPI, US CPI, BoC Policy Decision.Thursday: Australia Labour Market report, SNB Policy Decision, ECB Policy Decision, US PPI, US Jobless Claims, New Zealand Manufacturing PMI.Friday: BoJ Tankan Index, UK GDP.MondayThe Chinese CPI Y/Y is expected at 0.5% vs. 0.3% prior, while the M/M measure is seen at -0.4% vs. -0.3% prior. Real rates in China continue to be too high when there’s a strong need for very low and even negative rates in such economic circumstances. Chinese officials keep pledging more support but overall, they’ve been prett

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