Overview of key economic events and data releases for the upcoming week, including CPI, retail sales, and GDP reports from various countries
From Investing.com: 2025-01-10 08:12:00
MON: No major event.
TUE: EIA STEO; CBR Policy Announcement; Indian CPI (Dec), US CPI (Dec)
WED: IEA OMR, UK CPI (Dec), EZ CPI (Nov), US CPI (Dec), FOMC Meeting Minutes (Jan)
THU: ECB Minutes (Dec), BoK Policy Announcement; Australian Employment Data (Dec), UK Retail Sales (Nov), EZ Industrial Production (Nov), US Import/Export Prices (Dec), US Weekly Jobless Claims (w/e 11th), US Retail Sales (Dec)
FRI: UK Retail Sales (Dec), US Industrial Production/Capacity Utilization (Dec), Chinese Activity Data (Dec) and GDP (Q4) MON: No major event.
TUE: EIA STEO released; CBR Policy Announcement; Indian CPI and US CPI data for December.
WED: IEA OMR report; UK CPI for December; Eurozone Industrial Production for November; US PPI data for December.
THU: ECB Minutes from December released; Bank of Korea Policy Announcement; Australian Employment data for December; UK GDP for November; Eurozone Trade Balance for November; US Import/Export Prices for December and Initial Jobless Claims for the week ending January 11th.
FRI: UK Retail Sales for December; US Industrial Production and Capacity Utilization for December; Chinese Activity Data for December and Chinese GDP for Q4. BoK Governor Rhee pledges to be flexible on rate cuts amid political turmoil and economic uncertainty. Australian employment expected to show the addition of 10k jobs in December. UK GDP expected to expand by 0.2% in November. US retail sales forecasted to rise by 0.5% in December, with strong holiday season sales growth reported. UK retail sales expected to rise by 0.3% in December. Chinese GDP for Q4 forecasted at 5.1%. MON: No major event.
TUE: EIA STEO report released; Central Bank of Russia announces policy decision; Indian retail sales data for December and US retail sales data for December also released.
WED: International Energy Agency releases Oil Market Report; UK Consumer Price Index for December published; Eurozone industrial production data for November, US industrial production data for December, and US housing starts for January released.
THU: European Central Bank releases minutes from December meeting; Bank of Korea announces policy decision; Australian unemployment rate for December, UK retail sales data for November, Eurozone trade balance for November, US import and export prices for December, and US jobless claims for the week ending January 11th all reported.
FRI: UK inflation data for December, US industrial production and capacity utilization rates for December, Chinese economic activity data for December, and US consumer sentiment index for Q4 released. World Bank raises Chinese economic growth forecasts for 2024 and 2025, but warns of challenges in the property sector and subdued confidence. Analysts suggest cautious market sentiment regarding China’s economic outlook.
Read more at Investing.com: Week Ahead: US CPI and Retail Sales, China Activity, UK CPI, GDP and Aussie jobs