View:
Greenland: U.S. Sphere of Influence or More?
January 7, 2026 8:05 AM UTC
· Trump will likely go for more pressure and then seek to negotiate with Denmark and Greenland. Denmark and Greenland already have mutual interests with the U.S. on security; minerals and Russia/China that are already covered by previous agreements and understandings. Trump would li
Russia’s Inflation is Expected to Continue to Soften in December
December 22, 2025 2:11 PM UTC
Bottom Line: After edging down to 6.6% in November, we expect Russian inflation to continue its decreasing pattern in December owing to lagged impacts of previous aggressive monetary tightening and relative resilience of RUB. December inflation figures will be announced on December 29, and we forese
Preview: Due January 22 - U.S. Final (Second) Estimate Q3 GDP - Marginally stronger still
January 14, 2026 8:12 PM UTC
We expect a marginal upward revision to Q3 GDP to 4.4% from an already strong 4.3%. The only component we are expecting a revision to is inventories, on an upward revision to September retail inventories led by autos.
Preview: Due January 22 - U.S. October and November Personal Income and Spending - Heading for annualized Q4 gains a little above 2.0%
January 14, 2026 5:51 PM UTC
January 22 will see a personal income and spending report for both October and November. We expect personal income to rise by 0.4% in October and 0.5% in November and personal spending to rise by 0.2% in October and 0.5% in November. For core PCE prices, we expect gains of 0.2% in October and 0.1%
U.S. Retail Sales and PPI over October and November not far from expectations
January 14, 2026 2:15 PM UTC
November retail sales with a rise of 0.6% are marginally stronger than expected but the data is close to expectations net of modest negative back month revisions. PPI has been released for both October and November, also net in line with expectations, with October on the firm side in the core rate f