January 12 – January 16, 2026 Economic report and policy meetings
Monday, January 12
Australia: Westpac Consumer Confidence Change – January, Westpac Consumer Confidence Index - January
Euro-Zone: European Central Bank (ECB) Guindos Speech
Japan: Current Account – November
Switzerland: Consumer Confidence - December
U.K.: British Retail Consortium (BRC) Retail Sales Monitor (YoY) - December
U.S.: Federal Reserve’s Bostic, Barkin, and Williams Speeches
Tuesday, January 13
China: Balance of Trade – December, Exports (YoY) – December, Imports (YoY) – December
U.S.: Automatic Data Processing (ADP) Employment Change Weekly, Consumer Price Index (CPI) – December, CPI s.a. – December, Inflation Rate (YoY and MoM) – December, Core Inflation Rate (YoY and MoM) – December, New Home Sales – September, New Home Sales (MoM) – December, New Home Sales – October, New Home Sales (MoM) – October, Monthly Budget Statement – December, API Crude Oil Stock Change – January 9, Federal Reserve’s Barkin and Musalem Speeches
The Bureau of Labor Statistics releases the consumer price index for December. Consensus estimate is for a 2.7% year-over-year increase, even with November’s figure. The core CPI, which excludes volatile food and energy, is expected to also rise 2.7%, one-tenth of a percentage point more than previously.
Wednesday, January 14
China: New Yuan Loans – December
Euro-Zone: ECB’s Guindos Speech, Germany: Wholesale Prices (YoY and MoM) – December, Netherlands: Unemployment Rate – December
U.K.: Gross Domestic Product (GDP) (YoY and MoM) – November, Goods Trade Balance – November, Goods Trade Balance Non-EU – November, RICS House Price Balance – December, Industrial Production (MoM) – November, Manufacturing Production (MoM) – November, GDP 3-Month Average - November
U.S.: Producer Price Index (PPI) (MoM) – October and November, Retail Sales (YoY and MoM) – November, Retail Sales Excluding Autos (MoM) – November, Retail Sales Excluding Gas/Autos (MoM) – November, Existing Home Sales – December, Existing Home Sales (MoM) – December, Core Producer Price Index (PPI) (MoM) – October and November, Current Account – 3rd Qtr., Business Inventories (MoM) – October, Federal Reserve’s Beige Book, Federal Reserve’s Paulson, Miran, Bostic, Kashkari, and Williams Speeches, Mortgage Bankers Association (MBA) 30-Year Mortgage Rate – January 9, EIA Crude Oil Stocks Change – January 9, EIA Gasoline Stocks Change – January 9
The Census Bureau reports retail sales for November. The consensus call is for a 0.4% increase month over month, following a flat reading in October. Excluding autos, retail sales are seen rising 0.3%, one-tenth of a percentage point less than previously. The National Association of Realtors reports existing-home sales for December. Economists forecast a seasonally adjusted annual rate of 4.23 million home sales sold, 100,000 more than in November.
Thursday, January 15
Euro-Zone: Germany: Full Year GDP Growth (2025), Italy: Industrial Production (MoM) – November, Balance of Trade – November, ECB Economic Bulletin, Industrial Production (MoM) – November, Balance of Trade – November
New Zealand: Business New Zealand Purchasing Manager’s Index (PMI) - December
U.S.: Continuing Jobless Claims – January 3, Initial Jobless Claims – January 10, Jobless Claims 4-week Average – January 10, Empire State (New York) Manufacturing Index – January, Import Prices (MoM) – October, Export Prices (MoM) – October, Philadelphia Federal Reserve Manufacturing Index – January, Net Long-term Treasury International Capital Flows – November, Federal Reserve’s Bostic, Barr, and Barkin speeches.
Friday, January 16
Canada: Housing Starts – December
U.S.: Industrial Production (MoM) – December, National Association of Home Builders (NAHB) Housing Market Index – January, Federal Reserve’s Bowman, and Jefferson Speeches
Bold denotes likely market-moving newsflash which traders consider significant to foreign exchange levels or otherwise important/noteworthy information, i.e., market holiday’s which will affect standard settlement dates.
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