Start of the three week of a new calendar year (On that note Happy New Year to all) and already the word of 2017 and has been released by Macquarie Dictionary – I think I have already spotted what the word of 2018 will be: ‘Goldilocks’. The two major economic think tanks in the IMF and the World Bank finally crunched enough numbers to agree with what the rest of the economic world has been saying for 12 months – …

Read MoreMacro-Micro: Goldilocks and the no bears

Three weeks to Christmas – However those three weeks are a long, long way away when you look at what is due to be released over the next 11 days. Starting from today the next 11 days of the year are probably the busiest 11-day period of 2017 Here is why: Year-end central bank meetings (specifically the Fed), employment releases, terms of trade data, as well as the start of Q4 data (October) from construction, retails sales, fixed asset investment, …

Read MoreMacro Micro: No rest for the wicked