With today being a quiet day, announcement wise, let’s take a look at the main events to look at this week.

The most interesting thing this week would have to be how Donald Trump handles his first full week in office. While protest marches against his Presidency, it will be interesting to see how he reacts to these protests. This could help our understanding of how he will act as President. Aside from the protests, markets are expecting him to hit the ground running and to have a busy week. With all the talk leading up to the election and right up to his inauguration regarding his policy plans, markets are expecting him to detail plans or the economy almost immediately.

Tuesday – EU Membership Court Ruling. This is a crucial court ruling to decide whether the UK government needs to seek a vote of the Parliament to enact Article 50 (triggering the start of the Brexit negotiations). If the government loses this court case, then this can severely lengthen the time taken to leave the EU as many members of the UK parliament are EU membership supporters. Mario Draghi is also set to speak. European/German/French Manufacturing & Services PMI’s are released

Wednesday – Australian CPI & Trimmed CPI information is released.

Thursday – In the early hours of the morning, US Crude Oil Inventories are released. UK Prelim GDP is released. Australian Public Holiday.

Friday – Early hours, the US are releasing weekly Unemployment Claims figures. Japan is releasing Tokyo Core/National Core & BOJ Core CPI data. China Public Holiday.

Saturday – Early hours, the US are releasing crucial GDP and Core Durable Goods Orders data.