• Brexit is the greatest disaster to befall the European Union in its 59-year history but the referendum in which British voters opted to leave the European Union does not automatically signal the country's exit. That is the job of Article 50.
Britain's complex negotiations to exit the EU can only begin when Article 50 of the Treaty of Lisbon is formally triggered by the UK.
• Prime Minister Theresa May will call on Britons to reject the acrimony of the Brexit referendum in a speech this week that some newspapers have billed as setting the stage for a "hard" exit from the European Union.
Investors will scrutinize May's speech on Tuesday for clues on whether she plans to prioritize immigration controls and bilateral trade deals in a "hard Brexit" that would see Britain leave the EU's single market and customs union.
• The 'Trump trade' that dominated the weeks leading up to Inauguration Day may pause a bit in the days leading up to the swearing in of Donald Trump as 45th U.S. president next Friday.
The inauguration is the big event of the week ahead, and markets are anticipating what Trump will say when he speaks to the nation as president for the first time. But ahead of that, there are a flurry of Fed speakers, another wave of earnings reports, and key CPI inflation data.
There is also the annual World Economic Forum in Davos, Switzerland, and it may be a bit more important than usual this year because of the appearance there of Chinese President Xi Jinping, who is expected to speak on globalization Tuesday.
• U.S. President-elect Donald Trump aims to replace Obamacare with a plan that would envisage "insurance for everybody," he said in an interview with the Washington Post published on Sunday night.
Trump did not give the newspaper specifics about his proposals to replace Democratic President Barack Obama's signature health insurance law, but said the plan was nearly finished and he was ready to unveil it alongside the leaders of the Republican-controlled Congress. The Republican president-elect takes office on Friday.
• Inflation is a bigger concern for the Russian economy than U.S. president-elect Donald Trump, according to the nation's central bank.
"Brexit and Donald Trump's U.S. election victory were unexpected but nonetheless, the Russian economy and financial markets were not significantly affected," Ksenia Yudaeva, first deputy governor at the Bank of Russia, told CNBC's 'Squawk Box' on Monday.
Speaking on the sidelines of the Asian Financial Forum in Hong Kong, Yudaeva noted that Russia's macroeconomic policy, as reflected by the government budget and central bank decisions, has been stable and strong in the aftermath of both disruptive events, compared to other emerging markets.
• Oil prices were steady on Monday, supported by a weaker dollar, although doubts that OPEC and other producers would fully implement announced crude output cuts held the market back.
Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.40 per barrel at 0758 GMT (02:58 a.m. ET), within 0.1 percent from their last close.
U.S. West Texas Intermediate (WTI) crude futures were at $52.32 a barrel, also within 0.1 percent of their last settlement.
"Oil pricing will be driven this week by the movement of the U.S. dollar rather than crude itself, with President-elect Trump's inauguration ... being the main event," said Jeffrey Halley of OANDA brokerage in Singapore.
Reference:Reuters,CNBC
Thai
Eng