一诗解特码 (The week in business in five graphics

(Reuters) - 1/OUTBREAK FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 8, 2020. REUTERS/Brendan McDermidWuhan in central China is the size of London. But flights to

and from the city are canceled, highways are shut and soldiers guard the railway【u588发彩票网wapuu―发到底 】 station, as China tries to quar【2019年第111期六合宝典 】antine the center of【水果奶奶单双攻略 】 a virus outbreak that has killed 81 people and infected thousands, spreading to more than 10 countries including the United States and Japan. The government also extended the Lunar New Year 【香港内部精准六肖王 m 】holiday and more big businesses shut down【包一肖怎样才算中奖 】 or told staff to work from home in an effort to curb the spread. Beijing’s resp【蓝天红边美打一肖 】onse has been reassuring for many compared to its【北京10pk赛车开奖记录手机版 】 secretive handling of the 2003 SARS epidemic. And the World Health Organisation says while this is “an emergency in China, it’s not of internati【2016年刮刮卡曾版马会 】onal concern yet. Still, it’s unclear how deadly this illness is, or whether Beijing is revealing the full picture. Recen【ww484848com王中王 】t falls in share prices and the suffering yuan show markets are prici【2020年第04期一肖中特平码 】ng slower growth and a monetar【2018年双色球每期开奖结果记录 】y policy response. The outbreak coincides with the Lunar New Year holiday - a peak season for traveling, 【白小姐先锋诗正版2o17 】entertaining and gift-giving. If spending on such services falls 10%, Chinese growth would slow【本港同步 】 1.2 percentage points, S&P Global ca【2020年004期最新跑狗图 】lculates.【野兽 】 A higher death toll or more cases overseas will put global growth at risk. The SARS crisis almost h

alved Asian air passenger demand, inflicting losses on airlines and the hospita【124跑狗图库清全图 】lity industry. Oil&rsq【藏宝图玄机图资料独家发行 】uo;s 7% fall last week and continued slide on Monday implies concerns for world growth are already building. (GRAPHIC: Map showing plac【六合波色单双 】es with confirm【2020老板跑狗图62 】ed cases of 2019-nCoV - here) 2/LONG FAANGS Over the December holidays, people across the world will have shopped on Amazon, watched Netflix shows and sent greetings over iPhones, Facebook and Gmail. Soon we’ll see how this played out i【明晚马报必中三个生肖 】n the bottom lines of the firms that are grouped together as FAANGs and are co【红姐一肖中特119期 】llectively worth almost $4 trillion. Q4 ear【2020年119期跑狗图片 】nings from Netflix underwhelmed Wall Street. But Facebook should post 6.2% earnings growth on Jan. 29, while Apple earnings, due Jan 28,【香港马会开码结果直播开奖果 】 are forecast to have grown 8.7%. Amazon has warned that higher investment spending will damp【夜明珠彩霸王 】en earnings-per-share but i

t sees quart【新跑狗图玄机 百度 百度 百度 】erly revenues up 18.7%. Alphab【2020年017期最新跑狗图 】et (Google’s parent), due the following week, should also post higher revenues but a 1.7% earnings decline. Compare this with expectations for the S&P500 overall - 0.8% ea【下载四肖免费期期准 】rnings decline and 4.4% revenue growth. The FAANGs also have led the U.S. equity bull run; just since October, shares in some of them are up 20-40%, versus 11% for the index. Any disappointments may sink more shares than just the FAANGs. (GRAPHIC: Some FAANGs longer than others - here) 3/EUROPEAN CAR CRASH World stocks celebrated the China-U.S. trade truce 【2016年绝杀三肖图 】by speeding into a New Year rally. But European auto shares have crashed out on signs they will be first in the firing line if a trade war erupts【2017九十六期跑狗图 】 with Washington. President Donald Trump’s【白小姐四肖八码必选一肖免费 】 latest threat to raise tariffs on car imports f【2020六开彩09期开奖结果 】rom the EU sent shivers down the spines of executives, who ar

e already struggling with tough regulation, slowing demand in key markets and competition with electric vehicles. No surprise then that European auto shares .SXAP skidded to their biggest weekly fall since August, shedding 3.9%, even as the pan-European equity index returned to record highs. In fact, auto shares have decoupled from Germany&rsq【2018六开彩开奖现场直播1 】uo;s DAX index since late-2019, hitting 10-year lows relative to that benchmark. Making matters worse is another profit warning from Daimler, and 【2014年27期跑狗图 】a Citi ratings downgrade for Renault. Interestingly, auto sector earnings are【2016黄金一肖二码vip 】 expected grow almost 10% in Q4. But investors are bracing for nasty surprises. (GRAPHIC: Car pain - here) 4/BOE-ING Britain leaves the European Union at the end of the week but the day will be little more than symbolic, given Jan. 31 only marks the start of an 11-month period during which a new trade agreement will have to be thrashed out with the bloc. Of gre【3d太子报 】ater interest arguably, is Thursday’s Bank 【2020今晚开码结果43期 】of England meeting - Mark Carney’s last as governor. The question is whether the BoE will join central bank peers in cutting【二四六l35期玄机资料 】 interest rates. Economic growth and inflation took a hit from 3-1/2 years of Brexit uncertainty so a string of dismal data and dovish policymaker comment saw expectations for a cut swiftly build. But mone【马会今期跑狗图 】y markets, having at one point priced a 70% chance of a quarter-point rate reduction, have trimmed those expectations to around 50%. Latest indicators, covering the period after t【跑狗图怎么解释 】he Dec. 12 election, suggest improving confidenc【命打一生肖 】e. Sterling around $1.31, is in the middle of its trading range so far in 2020 - where it heads next hinges on the BOE’s decision and forecasts for whether the economy will find more fuel when it starts a new life outside the EU. (GRAPHIC: Money market expectations for BoE interest rate - here) 5/FED WATCHLIST The Fed must steer its first policy meeting of the 2020s between Scylla and Charybdis: U.S. s【今天买马开特马几号96 】tock indexes at nosebleed levels against Trum【2019年118期跑狗图解特 】pian election-year pressure f

or lower rates. The fed funds target will certainly be le【马报生肖2017鸡图 】ft in its 1.5% to 1.75% range on Wednesday; the central bank will want to see how the three cuts from 2019 are percolating through the economy. Also, consi【黄财神佛像 】d【黄大仙救世报78345c0m 】ering fed funds spent the first half of the past decade near zero, there is barely room to cut more, without raising alarm about negative rate【济公网 新版跑狗图 】s, deflation and asset prices. A more immediate q【波色生肖 】uestion is how long the Fed lets its banking system interventions run, now that the year-end has passed【九龙内幕-开奖报(早图) 】 without any repo market turmoil. Its overnight operations will continue until at least mid-Februa【金沙坛论坛香港赛马会 】ry but a debate is under way whether to establish a standing repo facility for banks. Investors will also watch for comments on the Fed’s p【看一下今天的马报头 】ivot back to balance sheet expansion. Trump is likely to deliver his verdict too. Advance fourth quarter【2020最新跑狗图官网 】 GDP lands Thursday - 2.1% growth is expected - and Trump might repeat his argument that were it not for Fed policy tightening, growth would be near 4%. (GRAPHIC: Fed balance sheet - here)