With the markets moving sideways as we head toward the new trading day, what can we look forward to this week on the economic release and event calendar?

Tuesday, Jan 16:

  • 2:00 am: GBP - Claimant Count Change (Forecast: 18.1K, Previous: 16.0K)
  • 2:00 am: GBP - Average Earnings Index 3m/y (Actual: 6.8%, Forecast: 7.2%)
  • 8:30 am: CAD - CPI m/m (Forecast: -0.3%, Previous: 0.1%)
    • CAD: Median CPI y/y (Forecast: 3.3%, Previous: 3.4%)
    • CAD: Trimmed CPI y/y (Forecast: 3.4%, Previous: 3.5%)
    • CAD - Common CPI y/y (Forecast: 3.8%, Previous: 3.9%)
  • 8:30 am USD: Empire State Manufacturing Index (Actual: -4.9, Previous: -14.5)
  • 10:00 am: GBP - BOE Gov Bailey Speaks
  • 9:00 pm: CNY - Industrial Production y/y (Actual: 6.8%, Previous: 6.6%)

Wednesday, Jan 17:

  • 2:00 am: GBP - CPI y/y (Actual: 3.8%, Previous: 3.9%)
  • 8:30 am: USD - Core Retail Sales m/m (Forecast: 0.2%, Previous: 0.2%)
  • 8:30 AM: USD: Retail Sales m/m (Forecast: 0.4%, Previous: 0.3%)
  • 7:30 pm: AUD - Employment Change (Forecast: 15.4K, Previous: 61.5K)
  • 7:30 pm AUD: Unemployment Rate (Actual: 3.9%, Previous: 3.9%)

Thursday, Jan 18:

  • 8:30 am GMT: USD - Unemployment Claims (Forecast: 204K, Previous: 202K)

Friday, Jan 19:

  • 2:00 am: GBP - Retail Sales m/m (Forecast: -0.5%, Previous: 1.3%)
  • 10:00 am: USD - Prelim UoM Consumer Sentiment (Forecast: 69.3, Previous: 69.74)
  • 8:30 am: CAD - Core Retail Sales m/m (Forecast: -0.1%, Previous: 0.6%), Retail Sales m/m (Forecast: 0.0%, Previous: 0.7%)
  • 10:00 am: USD - Existing Home Sales (Forecast: 3.83M, Previous: 3.82M), Prelim UoM Inflation Expectations (Previous: 3.1%)

Some supplemental or less important economic releases and events scheduled this week:

Tuesday, Jan 16:

  • 9:00 pm: CNY - GDP q/y (Forecast: 5.3%, Previous: 4.9%), Retail Sales y/y (Forecast: 8.1%, Previous: 10.1%)

Wednesday, Jan 17:

  • WEF Annual Meetings
  • 9:15 am: USD - Industrial Production m/m (Forecast: -0.1%, Previous: 0.2%)
  • 10:15 am: EUR - ECB President Lagarde Speaks

Thursday, Jan 18:

  • WEF Annual Meetings
  • 5:30 am: CHF - SNB Chairman Jordan Speaks
  • 8:30 am: USD - Building Permits (Actual: 1.47M, Forecast: 1.47M), Philly Fed Manufacturing Index (Forecast: -6.9, Previous: -10.5)
  • 10:15 am: EUR - ECB President Lagarde Speaks

Friday, Jan 19:

  • WEF Annual Meetings
  • 5:00 am: EUR - ECB President Lagarde Speaks