Weekly Economic Calendar
January 20-25, 2024
Economic Focus This Week
Wednesday: January 22, 2025
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https://autorebateforex.com/market-news/key-economic-events-this-week-starting-january-20-2025/
January 20-25, 2024
Economic Focus This Week
Wednesday: January 22, 2025
- Key Event of the Week:
- US CPI Inflation Report:
- Time: Released at 1:30 PM GMT.
- Expectations: Headline CPI to rise to 2.8% (year-over-year), up from 2.7% in November. Core CPI (excluding food and energy) is forecasted at 3.3%.
- Market Implications: Persistent inflation could challenge the Fed’s rate-cut expectations and bolster the USD. Bond markets may also react, with higher Treasury yields likely.
- US CPI Inflation Report:
- Europe: Anticipation builds for ECB President Christine Lagarde’s speech later in the day, potentially shedding light on the Eurozone’s monetary policy direction.
- Other Notable Updates: Developments from New Zealand’s CPI data during the Asian session.
- Morning Sessions:
- New Zealand: Early CPI data will drive initial trading activity in the Asia-Pacific region.
- Limited scheduled economic events elsewhere during the early sessions, with attention turning toward Europe and North America.
- North American Session:
- Canada: Retail sales data is expected to provide insight into consumer spending trends.
- US Updates:
- Weekly Unemployment Claims: A crucial measure of labor market health.
- Crude Oil Inventory Data: A key indicator for energy markets and broader economic sentiment.
- Asia-Pacific Session:
- Bank of Japan Rate Decision:
- Scheduled during lunchtime in Tokyo, this decision is the week’s most significant scheduled event for Asia.
- Markets will scrutinize the BoJ’s stance on monetary policy amid ongoing global economic uncertainties.
- Bank of Japan Rate Decision:
- European Session:
- PMI Releases: Flash Services and Manufacturing PMI data will be released for France, Germany, the Eurozone, and the UK. These figures are critical in gauging economic momentum.
- North American Session:
- US Economic Data:
- Existing Home Sales: A measure of housing market health.
- Revised University of Michigan Consumer Sentiment: Provides insights into consumer confidence.
- Markets will conclude the week by digesting the global PMI updates alongside US-specific economic indicators.
- US Economic Data:
*For full Economic Calendar and AutoRebateForeX rebates, check below:
https://autorebateforex.com/market-news/key-economic-events-this-week-starting-january-20-2025/