Analytics

How to Start the Week: Analytics and Forecasts — 13.12.2021

Fundamental analysis and forecasts for the future


Fears of slowing growth and the contagiousness of Omicron make for a bleak outlook.

 

Must know

US consumer prices increased further in November as the cost of goods and services rose broadly amid supply constraints, leading to the largest annual gain since 1982, which could encourage the Federal Reserve to quickly wind down its bond purchases.


The US Transportation Department on Friday said it is awarding $12.6 million in grants for nine marine highway projects as part of ongoing efforts to improve ports and address supply chain issues.


The Bank of Japan is expected to decide as early as next week to scale back emergency funding deployed last year to combat a pandemic-induced cash crunch, sources say, following other central banks in gradually phasing out crisis-mode policies.


Britain’s economy barely grew in October, even before the emergence of the Omicron coronavirus variant, further denting expectations that the Bank of England (BoE) will raise interest rates next week for the first time since the pandemic struck.


Oil prices saw their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron coronavirus variant’s impact on global economic growth and fuel demand.

 

Fundamental breakdown

Microsoft

The US software giant is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology firm Nuance Communications Inc

Tesla

Tesla Inc is being sued by a second female employee for sexual harassment in less than a month, with the two lawsuits alleging a “hostile work environment” against women at the car maker’s US factory.

Apple

An Apple Inc store in Southlake, Texas, is closed December 8 through December 12 following an outbreak of positive COVID-19 cases among staff members, highlighting a breakdown in policy between the corporate offices and its retail locations.
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