{"id":6882,"date":"2024-01-15T07:15:11","date_gmt":"2024-01-15T07:15:11","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=6882"},"modified":"2024-02-18T21:15:18","modified_gmt":"2024-02-18T21:15:18","slug":"weekly-overview-2024-01-15-3","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/de\/uncategorized\/weekly-overview-2024-01-15-3\/","title":{"rendered":"Week&#8217;s main events (January 15 &#8211; January 19)"},"content":{"rendered":"\r\n<div class=\"ag-base_page ag-m-format-container\">\r\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (January 15 &#8211; January 19)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n<p class=\"ag-analytics_text\">\r\nThis week is full of economic events. The main focus of investors will be the inflation data in major economies such as the United Kingdom, Japan, Canada, Germany, and the Eurozone. Traders will also focus on labor market data in Australia and the UK. In China, the National Bureau of Statistics&#160;(NBS) will publish several economic indicators, the main of which will be the GDP report and industrial production data. Also, this week is the World Economic Forum in Davos, Switzerland. Investors will also focus on corporate earnings, which will be reported for the 4th quarter.\r\n  <\/p>\r\n\r\n\r\n\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Monday, January&#160;15\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThe US stock market will be closed on Monday due to Martin Luther King Day. So, the main events on Monday will be the Eurozone Trade Balance and the Business Outlook for Canada.\r\n  <\/div>\r\n<div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 World Economic Forum Annual Meetings at&#160;10:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Eurozone Industrial Production (m\/m) at&#160;12:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Eurozone Trade Balance (m\/m) at&#160;12:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Canada Business Outlook Survey at&#160;17:30&#160;(GMT+2).<\/li>\r\n\r\n  <\/ul>\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Tuesday, January&#160;16\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nTuesday will be full of economic events. Firstly, traders should pay attention to the labor market data in the United Kingdom. This indicator is taken into account by the Bank of England&#160;(BoE) to regulate monetary policy. Labor market conditions are expected to improve, which will be positive for the British currency. There will also be inflation updates in Germany and Canada. Canada\u2019s CPI is not expected to move strongly from current levels, while Germany is expected to see a sharp jump in inflation. Any deviations from the predicted values will cause additional volatility. For example, if Canadian inflation data unexpectedly rises, the Canadian dollar may regain some of its lost ground against the US dollar.\r\n  <\/div>\r\n\r\n   <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n  <li>\u2013 UK Average Earnings Index (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 UK Claimant Count Change (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 UK Unemployment Rate (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 German Consumer Price Index (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 World Economic Forum Annual Meetings at&#160;10:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 German ZEW Economic Sentiment (m\/m) at&#160;12:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Eurozone ZEW Economic Sentiment (m\/m) at&#160;12:00&#160;(GMT+2);<\/li>\r\n  <li>\u2013 Canada Consumer Price Index (m\/m) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US NY Empire State Manufacturing Index (m\/m) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 UK BoE Gov Bailey Speaks at&#160;17:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Waller Speaks at&#160;18:00&#160;(GMT+2).<\/li>\r\n\r\n  <\/ul>\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Wednesday, January&#160;17\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThe main event on Wednesday will be the Consumer Price Index in the United Kingdom and the Eurozone. Both are expected to see a slight decrease in inflationary pressures. Also, important macroeconomic statistics on China will be released early in the day, which will undoubtedly increase volatility in Asian indices. Retail sales will also be a major event in the United States. Retail sales rose by 0.3% m\/m in November, and December data is expected to show a similar growth rate. \r\n  <\/div>\r\n\r\n <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n <li>\u2013 China GDP (q\/q) at&#160;04:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 China Industrial Production (m\/m) at&#160;04:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 China Retail Sales (m\/m) at&#160;04:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 China Unemployment Rate (m\/m) at&#160;04:00&#160;(GMT+2).<\/li>\r\n <li>\u2013 UK Consumer Price Index (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 UK BoE Gov Bailey Speaks at&#160;16:15&#160;(GMT+2);<\/li>\r\n<li>\u2013 UK Producer Price Index (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 World Economic Forum Annual Meetings at&#160;10:00&#160;(GMT+2);<\/li>\r\n <li>\u2013 Eurozone Consumer Price Index (m\/m) at&#160;12:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Retail Sales (m\/m) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Bowman Speaks at&#160;16:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Industrial Production (m\/m) at&#160;16:15&#160;(GMT+2);<\/li>\r\n <li>\u2013 Eurozone ECB President Lagarde Speaks at&#160;17:15&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Williams Speaks at&#160;22:00&#160;(GMT+2).<\/li>\r\n\r\n  <\/ul>\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Thursday, January&#160;18\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThursday&#8217;s main events will be the Australian labor market data. If the jobs report points to further weakness in December, investors are likely to raise bets on an expected rate cut by the Reserve Bank of Australia (RBA) in&#160;2024. Thursday&#8217;s speeches by the heads of the ECB and SNB are also worth watching. Traders should not miss the US Crude Oil Inventories and Natural Gas Storage data, which have a significant impact on oil and natural gas prices, respectively.\r\n  <\/div>\r\n\r\n <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia Unemployment Rate (m\/m) at&#160;02:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 Japan Industrial Production (m\/m) at&#160;06:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 World Economic Forum Annual Meetings at&#160;10:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Switzerland SNB Chairman Jordan Speaks at&#160;12:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB Monetary Policy Meeting Accounts at&#160;14:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Building Permits (m\/m) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Initial Jobless Claims (w\/w) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Philadelphia Fed Manufacturing Index (m\/m) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB President Lagarde Speaks at&#160;17:15&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Natural Gas Storage (w\/w) at&#160;17:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Crude Oil Reserves (w\/w) at&#160;18:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Bostic Speaks at&#160;18:30&#160;(GMT+2).<\/li>\r\n  <\/ul>\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Friday, January&#160;19\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThe most important Friday\u2019s release for investors will be the inflation rate data in Japan. The Japanese yen could see further depreciation as the consumer price index is forecast to continue to decline, further pushing back the Bank of Japan&#8217;s&#160;(BoJ) plans to begin the process of normalizing monetary policy. Investors should also pay attention to the UK and Canadian retail sales reports. Rising figures tend to lead to a stronger currency as consumers allow more money to be spent, even at a time of high interest rates, indicating economic stability.\r\n  <\/div>\r\n\r\n  <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan National Core Consumer Price Index at&#160;01:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 UK Retail Sales (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 World Economic Forum Annual Meetings at&#160;10:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB President Lagarde Speaks at&#160;12:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Canada Retail Sales (m\/m) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Existing Home Sales (m\/m) at&#160;17:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Michigan Consumer Sentiment (m\/m) at&#160;17:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Daly Speaks at&#160;23:15&#160;(GMT+2).<\/li>\r\n  <\/ul>\r\n\r\n\r\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, <span class=\"updated\">2024.01.15<\/span><\/p>\r\n<!--a href=\"\/analytics\/daily-forecast\" class=\"ag-analytics_link\">\r\n          We advise you to get acquainted with the daily forecasts for the major currency pairs.\r\n        <\/a--> <a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/de\/register\/?sl=1\">Open Account<\/a><\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (January 15 &#8211; January 19) This week is full of economic events. The main focus of investors will be the inflation data in major economies such as the United Kingdom, Japan, Canada, Germany, and the Eurozone. Traders will also focus on labor market data in Australia and &#8230;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-6882","post","type-post","status-publish","format-standard","hentry"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/6882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/comments?post=6882"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/6882\/revisions"}],"predecessor-version":[{"id":6883,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/6882\/revisions\/6883"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/media?parent=6882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/categories?post=6882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/tags?post=6882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}