Societe Generale in its early Thursday economic news summary pointed out:

-- Foreign exchange and bond yields rangebound, oil soft following rise in United States fuel stockpiles. Brent probing 200dma ($78.6/barrel). S&P closed above 6,000, Nasdaq above 20,000. 20-year U.S. Treasury auction strong: stop through 1.1bpa, non-dealer bidding 89.6%, indirect bids 69.5%, b/c 2.75x.

-- Day ahead: U.S. President Trump speaks at Davos via video-link, U.S. jobless claims. Eurozone consumer confidence. European Central Bank speaker Escriva. France bond supply. Canada's retail sales. Turkey's central bank forecast to cut 250bps to 45.0%.

-- Japanese investors bought 819.3 billion yen international bonds last week, the second successive week of purchases only since September. Investors also bought 489.8 billion yen international stocks, the sixth successive week of purchases.

-- China: CSRC, ministry of finance and central bank announce new investment rules to lift equities -- Mutual funds and state insurers to increase purchases of A-shares. Vow to speed up ETF approvals and revise investment rules for national pension fund.

-- South Korea's Q4 gross domestic product growth at 0.1% quarter over quarter or 1.2% yer over year, below forecast. Private consumption slowed to 0.2% on political turmoil.

-- Nikkei +0.7%, EUR 10-year IRS -1.5bps at 2.47%, Brent crude -0.5% at $78.6/barrel, Gold -0.1% at $2,752/oz.