Weekly Market Outlook (08-12 January) ...Middle East

UPCOMING EVENTS:Monday: Switzerland CPI and Retail Sales, Eurozone Retail Sales.Tuesday: Tokyo CPI, Australia Retail Sales, Switzerland Unemployment Rate, Eurozone Unemployment Rate, US NFIB Small Business Optimism Index.Wednesday: Japan Wages data, Australia Monthly CPI.Thursday: US CPI, US Jobless Claims.Friday: China CPI, UK GDP, US PPI.MondayThe Switzerland CPI Y/Y is expected at 1.5% vs. 1.4% prior, while the M/M reading is seen at -0.2% vs. -0.2% prior. Inflation has been within SNB’s 0-2% target range since last summer and even if we get a beat, it’s very unlikely to trigger a response from the central bank. The market is now looking forward to rate cuts

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