Weekly Outlook: Jan 23 - Jan 26

Tuesday

 

Europe: Germany’s ZEW current conditions and economic sentiment for January is scheduled for release as of 10:00 GMT, followed by the UK’s CBI industrial trends orders.

 

Asia: Japan’s exports and trade balance figures for December are up at 23:50 GMT, with analysts forecasting a 14.6 percent build and a deficit of 55 billion yen.

 

Wednesday

 

Europe: Germany’s manufacturing and services PMIs for January will be out by 08:30 GMT. Half an hour later traders will take a look at those same reports for the Eurozone. At 09:30 GMT the United Kingdom will unveil the latest unemployment rate and claimant count.

 

United States: focus will fall into January’s manufacturing and services PMI at 14:45 GMT, as well as into existing home sales for December at 15:00 GMT.

 

Thursday

 

Europe: Germany’s GfK consumer climate for February is to be released at 07:00 GMT, with economists pointing at 10.8 points. Later on, business expectations and current assessment for Europe’s first economic will be available at 09:00 GMT. Germany’s lfo business climate index for January will be out at 09:00 GMT. However, all attention will be directed to the European Central Bank monetary policy decision at 12:45 GMT.

 

United States: goods trade balance for December are up at 13:30 GMT. New home sales for December are expected as of 15:00 GMT, with a 4.7 percent decline seen.

 

Asia: Japan’s national core CPI for December will be released at 23:30 GMT.

 

Friday

 

Europe: the United Kingdom will present its fourth-quarter gross domestic product at 09:30 GMT. A downward revision is expected on yearly and quarterly terms to 1.4 and 0.3 percent.

 

United States: core durable goods orders for December will be published at 13:30 GMT, along with a revision of the Q4 GDP, which is also expected to go down by a few percentage points.