Weekly Market Outlook (18-22 December) ...Middle East

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UPCOMING EVENTS:Monday: US NAHB Housing Market Index.Tuesday: RBA Meeting Minutes, BoJ Policy Decision, Canada CPI, US Building Permits and Housing Starts.Wednesday: PBoC LPR, UK CPI, US Consumer Confidence, BoC Summary of Deliberations.Thursday: Canada Retail Sales, US Q3 GDP Final, US Jobless Claims.Friday: Japan CPI, UK Retail Sales, Canada GDP, US PCE, University of Michigan Consumer Sentiment Final. TuesdayThe BoJ is expected to keep everything unchanged with rates at -0.10% and YCC to target the 10yr JGBs at 0% with 1% as a reference cap. The latest Japanese CPI showed a slight easing in inflation rates although they remain well above the 2% target. The central bank is mainly focused o

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