{"id":10282,"date":"2025-01-27T07:28:22","date_gmt":"2025-01-27T07:28:22","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=10282"},"modified":"2025-01-27T07:28:23","modified_gmt":"2025-01-27T07:28:23","slug":"weekly-overview-2025-01-27","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pt\/analytics\/weekly-overview-2025-01-27\/","title":{"rendered":"Week&#8217;s main events (January 27 \u2013 January 31)"},"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 27 \u2013 January 31)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n<p class=\"ag-analytics_text\">Economists predict that the European Central Bank (ECB), the Bank of Canada (BoC), and probably the Swedish Riksbank will cut interest rates by 25 bps. The Federal Reserve, on the other hand, will keep rates unchanged. Meanwhile, the US PCE deflator may pose some risk, but CPI and PPI have already signaled slight growth and a flat core reading. The US and Eurozone will also present the first GDP estimates for 4Q24. Later in the week, Japan will release the January Tokyo CPI, which is likely to accelerate.<\/p>\r\n<div class=\"ag-analytics_title\">Monday, January 27<\/div>\r\n<div class=\"ag-analytics_title-list\">China will release business activity data on Monday, which will show the health of the economy. In the European session, investors should pay attention to Ifo&#8217;s German business climate data. In the American session, the US will publish a report on the number of new homes.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 China Manufacturing PMI (m\/m) at 03:30 (GMT+2);<\/li>\r\n<li>\u2013 China Non-Manufacturing PMI (m\/m) at 03:30 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB President Lagarde Speech at 10:10 (GMT+2);<\/li>\r\n<li>\u2013 German Ifo Business Climate (m\/m) at 11:00 (GMT+2);<\/li>\r\n<li>\u2013 US New Home Sales (m\/m) at 17:00 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland SNB Chairman Schlegel Speaks at 23:25 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Tuesday, January 28<\/div>\r\n<div class=\"ag-analytics_title-list\">On Tuesday, traders should focus on 2 main reports. The first is the business report from NAB in Australia. Weak figures may hurt the AUD. In the US session, traders will evaluate the Durable Goods Orders report. A slight increase is expected, which may support the USD.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia NAB Business Confidence at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 US Durable Goods Orders (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US CB Consumer Confidence (m\/m) at 17:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Wednesday, January 29<\/div>\r\n<div class=\"ag-analytics_title-list\">Wednesday will be very rich for economic events, so high volatility is expected. At the Asian session in Australia, the inflation report will be released, where the rate is expected to rise from 2.3% to 2.5% y\/y. Such data may push back the RBA&#8217;s plans to start cutting rates next month. Then, central banks will hold monetary policy meetings in Sweden and Canada. Both banks are expected to cut the rate by 0.25%. Rate cuts tend to be accompanied by pressure on the local currency, especially against those currencies where central banks keep rates higher. The US session will see the FOMC meeting. The US central bank is expected to leave rates unchanged, so the main focus will be on Jerome Powell&#8217;s speech regarding further plans to cut rates this year. The US Crude Oil Reserves data, which has an essential impact on oil prices, should also be in focus.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan Monetary Policy Meeting Minutes at 01:50 (GMT+2);<\/li>\r\n<li>\u2013 Australia Consumer Price Index (m\/m) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 Japan Consumer Confidence (m\/m) at 07:00 (GMT+2);<\/li>\r\n<li>\u2013 German GfK German Consumer Climate (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 Sweden Riksbank Interest Rate Decision at 10:30 (GMT+2);<\/li>\r\n<li>\u2013 UK BOE Gov Bailey Speaks at 16:15 (GMT+2);<\/li>\r\n<li>\u2013 Canada BoC Interest Rate Decision at 16:45 (GMT+2);<\/li>\r\n<li>\u2013 Canada BoC Monetary Policy Report at 16:45 (GMT+2);<\/li>\r\n<li>\u2013 Canada BoC Press Conference at 17:30 (GMT+2);<\/li>\r\n<li>\u2013 US Crude Oil Reserves (w\/w) at 16:30 (GMT+2);<\/li>\r\n<li>\u2013 US Fed Interest Rate Decision at 21:00 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Statement at 21:00 (GMT+2);<\/li>\r\n<li>\u2013 US Fed Press Conference at 21:30 (GMT+2).<\/li>\r\n<\/ul>\r\n<\/div>\r\n<div class=\"ag-analytics_title\">Thursday, January 30<\/div>\r\n<div class=\"ag-analytics_title-list\">Thursday&#8217;s main event will be the ECB&#8217;s monetary policy meeting. It is expected that the ECB will continue to cut rates. While President Lagarde may be reluctant to make any preliminary promises, she will likely confirm market expectations for rate cuts. The swaps market is discounting about 100 bps of rate cuts this year, with nearly 75 bps coming in the year&#8217;s first half. Investor focus on Thursday will also be centered on US GDP data. Growth of 2.7% y\/y is expected, down from 3.1% y\/y last month but still a strong reading.<\/div>\r\n<div>Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Switzerland Trade Balance (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland KOF Leading Indicators (m\/m) at 10:00 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone GDP (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Unemployment Rate (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB Interest Rate Decision at 15:15 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB Monetary Policy Statement at 15:15 (GMT+2);<\/li>\r\n<li>\u2013 US GDP (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Initial Jobless Claims (w\/w) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB Press Conference at 15:45 (GMT+2);<\/li>\r\n<li>\u2013 US Pending Home Sales (m\/m) at 17:00 (GMT+2);<\/li>\r\n<li>\u2013 US Natural Gas Storage (w\/w) at 17:30 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Friday, January 31<\/div>\r\n<div class=\"ag-analytics_title-list\">Japan will publish the Tokyo Inflation Report, a leading indicator of nationwide inflation. It is expected to rise slightly from 2.4% to 2.5% year-on-year, confirming the Bank of Japan&#8217;s intention to raise interest rates. In the US session, traders will focus on the PCE inflation data, which is considered the preferred inflation indicator for the US Fed. It is expected to show a slight increase, which will be positive for the US dollar. However, if the data is soft, the pressure on the USD will increase.<\/div>\r\n<div>Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan Tokyo Core CPI (m\/m) at 01:30 (GMT+2);<\/li>\r\n<li>\u2013 Japan Unemployment Rate (m\/m) at 01:30 (GMT+2);<\/li>\r\n<li>\u2013 Japan Retail Sales (m\/m) at 01:50 (GMT+2);<\/li>\r\n<li>\u2013 German Retail Sales (m\/m) at 09:30 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland Retail Sales (m\/m) at 09:30 (GMT+2);<\/li>\r\n<li>\u2013 German Unemployment Rate (m\/m) at 10:55 (GMT+2);<\/li>\r\n<li>\u2013 German Consumer Price Index (m\/m) at 15:00 (GMT+2);<\/li>\r\n<li>\u2013 Canada GDP (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Core PCE Price Index (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Chicago PMI (m\/m) at 16:45 (GMT+2).<\/li>\r\n<\/ul>\r\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, <span class=\"updated\">2025.01.27<\/span><\/p>\r\n<!--a href=\"\/analytics\/daily-forecast\" class=\"ag-analytics_link\">\r\nWe 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\/pt\/register\/?sl=1\">Open Account<\/a><\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (January 27 \u2013 January 31) Economists predict that the European Central Bank (ECB), the Bank of Canada (BoC), and probably the Swedish Riksbank will cut interest rates by 25 bps. The Federal Reserve, on the other hand, will keep rates unchanged. Meanwhile, the US PCE deflator may &#8230;<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[191,334,340],"tags":[],"class_list":["post-10282","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts\/10282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/comments?post=10282"}],"version-history":[{"count":2,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts\/10282\/revisions"}],"predecessor-version":[{"id":10294,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts\/10282\/revisions\/10294"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/media?parent=10282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/categories?post=10282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/tags?post=10282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}