Economic Data Releases
Tuesday, January 14th
- United States:
- Core PPI m/m: 0.2% (previous: 0.2%)
- PPI m/m: 0.4% (previous: 0.4%)
Wednesday, January 15th
- United Kingdom:
- CPI y/y: 2.6% (previous: 2.6%)
- United States:
- Core CPI m/m: 0.2% (previous: 0.3%)
- CPI m/m: 0.3% (previous: 0.3%)
- CPI y/y: 2.9% (previous: 2.7%)
- Empire State Manufacturing Index: -0.3 (previous: 0.2)
Thursday, January 16th
- Australia:
- Employment Change: 14.5K (previous: 35.6K)
- Employment Rate: 4.0% (previous: 3.9%)
- United Kingdom:
- GDP MoM: 0.2% (previous: -0.1%)
- United States:
- Core Retail Sales m/m: 0.5% (previous: 0.2%)
- Unemployment Claims: 210K (previous: 201K)
- Philly Fed Manufacturing Index: -7.0 (previous: -16.4)
Friday, January 17th
- China:
- GDP q/y: 5.0% (previous: 4.6%)
- Industrial Production y/y: 5.4% (previous: 5.4%)
- Retail Sales y/y: 3.5% (previous: 3.0%)
- United Kingdom:
- Retail Sales: 0.4% (previous: 0.2%)
- United States:
- Building Permits: 1.46M (previous: 1.49M)
Federal Reserve Updates
- The Fed reduced expected rate cuts in December (dot plot adjusted to 2 cuts from 4).
- Market pricing:
- No rate change in January.
- Only a 22% chance of a rate change in March.
Fedspeak Schedule (Subject to Change):
- Tuesday:
- FOMC Schmid (10 AM ET)
- FOMC Williams (3:05 PM ET)
- Wednesday:
- Barkin (9:20 AM ET)
- Kashkari (10 AM ET)
- Williams (11 AM ET)
- Goolsbee (12 PM ET)
- Fed Beige Book release (2 PM ET)
- Thursday:
- Williams (11 AM ET)
Earnings Calendar
Wednesday:
- Citibank
- Wells Fargo
- BlackRock
- Bank of New York
Thursday:
- TSMC
- UnitedHealth
- Goldman Sachs
- Bank of America
- Morgan Stanley
- US Bancorp
- PNC
This article was written by Greg Michalowski at www.forexlive.com.