Список проголосовавших за комментарий " Event Trader: The Day Ahead- January 26<p>Markets are holding on to yesterday's gains. The <strong>biggest push for the most recent leg is coming from two sources:</strong> 1) Tech company earnings have generally been impressive allowing FANG to be a leader once again and 2) Asian economic data has shown that the region is performing well. Not a surprise given the tech influence in the region as both data points are supportive of each other.</p><p>There were a few items of interest on the macro front overnight. One macro play I am watching here is the <strong>euro which is giving up some of its recent gains</strong>. I have seen a few headlines from the Eurogroup meeting that have members down playing inflation readings in the region. I am not seeing any news from the Weidmann speech this morning that would dispute these claims. I still think the euro will be pressured higher on prices. </p><p>The first look at the <strong>United Kingdom GDP</strong> beat expectations as the country continues to outperform the post-Brexit expectations. We still need to see how business sentiment reacts as we get closer to an actual physical Brexit. But so far the country is showing signs of proving the gloom and doom Academics were wrong. Again, this is far too early to call a win. We need to see how the economy reacts when the actual Brexit nears and trade deals are re-done. But it is important if the UK shows success given the elections that are on tap for the EU this year.</p><p><strong>China continues to tighten capital flow controls</strong> as it has ordered its banks to cut back on loans. This is in line with comments made in November that it expected to tighten credit conditions in 2017.</p><ul><li><strong>GOOGL Long-</strong> We are up about 16% in the name. It remains one of the biggest positions in the portfolio. Tonight we will have earnings and I will post the preview shortly. The results the past two quarters have been impressive and we are seeing the stock break out ahead of tonight's report. I will likely trim some of the position to lock in some profits. But I still view this as one of the best companies in the world and a core holding for the long term. If it sells off on good results I will add back to the position.</li></ul><p>With regards to this comment, I am changing the process to reflect a chronological approach rather than a regional. The assumption here is that it will be a better reflection in terms of the ebb and flow of market action in the overnight session. I am looking for ways to make this data more actionable so if there is any thoughts, please feel free to write in to feedback. </p><p><strong>Overnight Macro News:</strong></p><ul><li><strong>Japan PPI (6:50pm)-</strong> +0.4% y/y, in line with expectations. </li><li><strong>Eurogroup Meetings (All Day)-</strong> We should be seeing comments on Brexit, the ECB buying program, and debt levels fro Greece, Portugal and Italy cross all day.</li><li><strong>Switzerland Trade Balance (2am)-</strong> CHF 2.72 bln surplus, lower than expected surplus as weak euro hurting country exports.</li><li><strong>Spain Unemployment Rate (2am)-</strong> 18.6%, beats expectations but still far too high.</li><li><strong>Germany GfK Consumer Survey (2am)-</strong> 10.2, slight beat; Ifo business survey missed yesterday.</li><li><strong>Hong Kong Trade Balance (3:30am)-</strong> HKD 45.5 bln deficit, higher than expected deficit; Exports increased 10% y/y and Imports were up 9%, both showing signs of health in the Asian region.</li><li><strong>Germany Bundesbank's Weidmann speaks (3:30am)-</strong> Remains relatively quiet. I am seeing some comments about officals at the EU meeting talking down inflation which has helped drop the euro back to the 1.07 area. </li><li><strong>U.K. Q4 GDP- Prelim (4:30am)-</strong> Q4 GDP increased 0.6% q/q, beating expectations; Mortgage Approvals also beat expectations. </li><li><strong>Italy 10-year Bond Auction, Retail Sales (5am)-</strong> Retail Sales fell 0.7% m/m, missing expectations by a fairly wide margin; Not seeing the results from the auction.</li><li><strong>December International Trade in Goods (8:30am)-</strong> Comes in line with a deficit of $65.0 bln. </li><li><strong>Initial Claims (8:30am)-</strong> 259K, Briefing.com consensus 246K</li><li><strong>Mexico Trade Balance (9am)-</strong> $28 mln surplus, Expected to see a deficit of approx $500 mln</li><li><strong>December Leading Indicators (10am)-</strong> Briefing.com consensus +0.5%</li><li><strong>December New Home Sales (10am)-</strong> Briefing.com consensus 589K</li><li><strong>Natural Gas Inventories (10:30am)</strong></li><li><strong>7-Year Note Auction (1pm)</strong></li></ul>"