Live news: Chinese stocks record gains as markets rebound amid post-Covid confidence

Can you afford to be more optimistic about the future? The next seven days will start more positively for global geopolitics with the visits of NATO Secretary General Jens Stoltenberg to South Korea and Japan.

He will travel from Seoul to Tokyo on Monday to strengthen ties in the Atlantic Security Alliance. with major partners in Asia.Conference following the Japan-Korea conference involvement For the first time at a NATO summit in Europe, it showed allied support for those countries facing the security challenges posed by China and North Korea.

of war in ukraine Tokyo and Seoul are likely to confirm the release of additional non-lethal equipment for Kyiv and will be high on the agenda.

On the contrary, this week is also a reminder of the ongoing and very real challenges posed by populism and nationalists. India marks Martyrs’ Day on Monday, which marks the 75th anniversary of Mahatma Gandhi’s murder.As the writer Ramachandra Guha states in his FT Weekend EssayAs Hindu nationalism surged, veneration for anti-colonial revolutionaries waned.

In the United States, the image of former President Donald Trump will once again stand in the way. did not comply with the subpoena From the House Committee investigating the Jan. 6, 2021 attack on the Capitol.

In the UK it’s yet another strike week, will begin Monday with drivers and driving instructors from the Vehicle Standards Authority. The biggest day of action comes Wednesday, when school teachers, train drivers and university lecturers bring down their tools and the TUC trade union organization holds a day to protect the right to strike. controversial government bill Restrain industrial action against essential services.

economic data

The interest rate setting schedules of the Federal Reserve, European Central Bank and Bank of England monetary policy committees have been adjusted again.

ECB is stick to ultra-large rate hikes Meanwhile, the Fed has signaled a downshift, finish that page Dec increased by 0.75 points.

The Bank of England is expected to deliver a 0.5 percentage point gain on a stubborn continuation of high inflation, strong wage growth and an unexpected resilience in the UK economy.

enterprise

We are in the middle of earnings season and this week is a peak for Big Tech with quarterly numbers for Alphabet, Amazon.com, Apple, Meta and Spotify. zoom year of a pandemic.

It’s notable given that Apple is expected to break its 14th straight quarter of growth in a favorable December quarter due to a shortage of high-end iPhones. The outbreak of Covid-19 at his Zhengzhou factory (known locally as his iPhone city) in November has left him short of 10 million devices from 5 million.

At around $1,000 per pop, this is fine for the $10 billion problem and not good news for Apple. handset war with Google. Revenue for this quarter of 2021 was just below $124 billion. Forecasts for 2022 are slightly lower, but the impact on net income could be even greater.

Read the full calendar for the week ahead here.