Second Quarter Euroland GDP Growth and Some Central Bank Rate Announcements – Currency Thoughts

January 24-30, 2026 – Currency Thoughts


Next Week’s Menu: January 24-30, 2026

January 23, 2026

Central Banks: Monetary policy stance reviews in Ukraine, South Africa, Sweden, Canada, Sri Lanka, Pakistan, Hungary , Uzebekistan and the Federal Reserve. The FOMC meeting is not one of those in which forecasts get updated, but Chairman Powell will hold a press conference. So will Bank of Canada Governor Macklem. Minutes from the Bank of Japan and the Bank of Canada quarterly Monetary Policy Report will be published.

Holiday Closure and Event: Australia Day on Monday. President Trump may disclose his Fed Chairman nominee.

Scheduled U.S. Economic Data Releases: Quarterly productivity and unit labor costs. Monthly trade balance, FAHA and Case-Shiller house price indices, Chicago Fed National Activity index, Dallas Fed and Richmond Fed manufacturing surveys, factory orders, new home sales, consumer confidence, Chicago regional purchasing managers survey, and PPI. Weekly jobless insurance claims, mortgage applications, energy inventories and chain store sales.

Japanese and Chinese Releases: Japanese and Chinese indices of leading economic indicators. Japanese retail sales, industrial production, housing starts, construction orders, unemployment, corporate service prices, and Tokyo consumer prices. Chinese profits.

Other Asia: Trade balances of Hong Kong and the Philippines. South Korean, Indian and Singaporean industrial production. South Korean retail sales and business confidence. Singaporean and Malaysian PPI. Hong Kong GDP and Indian index of leading economic indicators.

Euroland Releases: Quarterly GDP and monthly economic sentiment, consumer confidence, unemployment and growth of money and bank credit.

Members of the Euro Area: German, Portuguese, Lithuanian, Spanish, French, Italian, Cypriot, Dutch, Austrian and Irish GDP. German import prices and unemployment. Spanish, Lithuanian, Irish, Portuguese, Slovenian, Latvian, Croatian and Estonian retail sales. Cypriot and Lithuanian industrial production. Spanish, Slovenian, Cypriot, Slovakian, and Finnish producer prices. Belgian and German business climate indices. German, Italian, and Spanish consumer prices.

U.K. and Switzerland: British shop prices, Nationwide house price index, mortgage approvals and money growth. Swiss trade balance, retail sales, ZEW index of investor sentiment, KOF index of leading economic indicators, and retail sales.

Nordic Europe: Swedish and Danish retail sales. Swedish GDP, consumer confidence, trade balance, and producer prices. Icelandic CPI.

Australia and New Zealand: Australian import prices, PPI, business confidence and business conditions. New Zealand trade balance and business confidence.

Turkey and South Africa: Turkish and South African trade balances. South African money growth, private domestic credit expansion, CPI and PPI.

Canada, Mexico and Brazil: Canadian and Mexican trade balances and GDP. Canadian industrial production. Mexican unemployment. Brazil’s current account.

Copyright 2026, Larry Greenberg. All rights reserved.

 

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