January 26 – January 30, 2026
Economic report and policy meetings
Monday, January 26
Australia: National Australia Bank (NAB) Business Confidence – December
Euro-Zone: Ifo Business Climate – January, New car registrations (YoY) – December, France: Consumer Confidence - January
U.S.: Durable Goods Orders (MoM) – November, Durable Goods Orders Excluding Defense (MoM) – November, Durable Goods Orders Excluding Transportation (MoM) – November, Chicago Federal Reserve Bank National Activity Index – October and November, Dallas Federal Reserve Manufacturing Index - November
The Census Bureau releases the durable goods report for November. Consensus estimate is for new orders for manufactured durable goods to rise 3% month over month after falling 2.2% in October.
Tuesday, January 27
Australia: Consumer Price Index (CPI) – December, Reserve Bank of Australia (RBA) Trimmed Mean CPI (YoY and MoM) – December, RBA Weighted Mean CPI (YoY and MoM) – December, Quarterly RBA Trimmed Mean CPI (YoY and QoQ) – 4th Qtr., Inflation Rate (YoY and MoM) – December
Euro-Zone: Spain: Unemployment Rate – 4th Qtr., Germany: GfK Consumer Confidence – February, European Central Bank (ECB) President Lagarde Speech
Japan: Bank of Japan (BoJ) Monetary Policy Meeting Minutes
Mexico: Balance of Trade – December
U.S.: Automatic Data Processing (ADP) Employment Change Weekly, S&P /Case-Shiller Home Prices (YoY) – November, Conference Board Consumer Confidence – January, American Petroleum Institute (API) Crude Oil Stock Change – January 23
Wednesday, January 28
Canada: Bank of Canada (BoC) Interest Rate Decision, BoC Monetary Policy Report, BoC Press Conference
Euro-Zone: Italy: Consumer Confidence – January, Business Confidence - January
Japan: Consumer Confidence - January
New Zealand: Balance of Trade – December, Australia & New Zealand (ANZ) Business Confidence - January
Singapore: Monetary Policy Statement
Switzerland: Balance of Trade – December
U.S.: Federal Reserve (Fed) Interest Rate Decision, Fed Press Conference, Mortgage Bankers Association (MBA) 30-Year Mortgage Rate – January 23, Energy Information Administration (EIA) Gasoline Stocks Change – January 23rd, EIA Crude Oil Stocks Change – January 23rd
The Federal Open Market Committee (FOMC) announces its monetary policy decision. The FOMC is widely expected to keep the federal funds rate unchanged at 3.50-3.75%. Traders are pricing in about two quarter-point interest-rate cuts this year, with the first one coming early this summer
Thursday, January 29
Australia: Producer Price index (PPI) (QoQ) – 4th Qtr.
Canada: Balance of Trade – November
Euro-Zone: Spain: Retail Sales (YoY and MoM) – December, Greece: Unemployment Rate – December, Retail Sales (YoY) – November, France: GDP Growth Rate (YoY and QoQ) – 4th Qtr., Economic Sentiment – January, France: Unemployment Benefit Claims – December, Spain: Business Confidence – January
Japan: Unemployment Rate – December, Industrial Production (MoM) – December, Retail Sales (YoY) – December, Housing Starts (YoY) – December
U.K.: Nationwide Housing Prices (YoY and MoM) - January
U.S.: Continuing Jobless Claims – January 17, Initial Jobless Claims – January 24, Jobless Claims 4-week Average – January 24, Imports – November, Exports – November, Factory Orders (MoM) - November
Friday, January 30
Canada: GDP (MoM) – November and December
China: NBS Manufacturing Purchasing Manager’s Index (PMI) – January, NBS Non-Manufacturing Purchasing Manager’s Index – January
Euro-Zone: GDP Growth Rate (YoY and QoQ) – 4th Qtr., Spain: GDP Growth Rate (YoY and QoQ) – 4th Qtr., Germany: Unemployment Change – January, Unemployment Rate – January, GDP Growth Rate (YoY and QoQ) – 4th Qtr., CPI – January, Inflation Rate (YoY) – January, Italy: GDP Growth Rate (YoY and QoQ) – 4th Qtr., Unemployment Rate – December, Spain: Inflation Rate (YoY and MoM) – January, Netherlands: GDP Growth Rate (YoY and QoQ) – 4th Qtr., Germany: Unemployed Persons – January, Inflation Rate (MoM) – January
Mexico: GDP Growth Rate (YoY and QoQ) – 4th Qtr.
South Africa: Balance of Trade - December
Switzerland: KOF Leading Indicators – January
U.K.: Mortgage Approvals – December, Bank of England (BoE) Consumer Credit – December, Mortgage Lending - December
U.S.: Producer Price Index (PPI) (MoM) – December, Core PPI - (MoM) – December, Chicago Purchasing Manager’s Index (PMI) – January, Federal Reserve’s Bowman speech
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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