Let’s take a look at the FXTS Weekly Market Preview for the upcoming week of 27th-31st Jan 2025. Discover the key events of the week ahead, including economic data releases and the quarterly reports of publicly listed companies.
Welcome back to this week’s edition of our market preview, where we bring you a handy guide to the most anticipated economic data releases and company earnings reports scheduled for the week ahead. It is set to be a busy few days, with key interest rate decisions from the US and eurozone expected, while several of the so-called “Magnificent Seven” stocks will report their latest earnings figures, including Microsoft, Meta, Tesla, and Apple.
Economic Highlights
With President Trump’s new administration entering its second week in office, following last Monday’s official inauguration ceremony, attention will turn to the Federal Reserve’s (Fed) actions. Markets will be analysing the potential impact of Trump’s policy agenda on the FOMC’s inflation outlook, with interest rates expected to remain unchanged. This contrasts with Canada, with market consensus predicting a 25 bps interest rate cut by the Bank of Canada – although easing inflationary pressures and potential US tariffs could yet affect this.
Across the Atlantic, the European Central Bank (ECB) will also meet to decide on interest rates, with the bloc’s current economic performance lagging behind the US pointing to a potential rate cut. Other important Europe-related releases include GDP figures for Germany, France, Spain, Italy, and the eurozone, while consumer confidence data for the former two countries is likely to be closely followed.
In the Asia-Pacific region, China’s National Bureau of Statistics will report PMI data for January, Australia releases its Q4 inflation figures, and Japan’s industrial production and consumer confidence reports will be under the spotlight. The latter nation’s figures are something to watch out for, with manufacturing output decreasing by the fastest rate in nine months, compounded by weakened business optimism across Japan’s private sector.
Monday 20th January
Earnings
- AT&T, Inc. (T) – Q4 2024
Releases
- China (Industrial Profits, December)
- Germany (Ifo Business Climate, January)
- Hong Kong SAR Trade (December)
- United States Chicago Fed National Activity Index (December)
- United States Dallas Fed Manufacturing Index (January)
- United States New Home Sales (December)
Tuesday 21st January
Earnings
- SAP SE (SAP) – Q4 2024
- The Boeing Company (BA) – Q4 2024
- Starbucks Corporation (SBUX) – Q1 2025
Releases
- Australia (NAB Business Confidence, December)
- France (Consumer Confidence, January)
- United States (CB Consumer Confidence, January)
- United States (Durable Goods Orders, December)
- United States (S&P/Case-Shiller Home Price, November)
Wednesday 22nd January
Earnings
- Microsoft (MSFT) – Q2 2025
- Meta Platforms, Inc. (META) – Q4 2024
- Tesla, Inc. (TSLA) – Q4 2024
Releases
- Australia (Inflation, Q4)
- Australia (Monthly CPI Indicator, December)
- Canada (BoC Interest Rate Decision)
- Germany (GfK Consumer Confidence, February)
- Japan (Consumer Confidence, January)
- Spain (GDP, Q4 flash)
- Sweden (GDP, Q4)
- United States (Fed FOMC Interest Rate)
- United States (Goods Trade Balance, December advance)
- United States (Wholesale Inventories December advance)
Thursday 23rd January
Earnings
- Apple, Inc. (AAPL) – Q1 2025
- Visa, Inc. (V) – Q1 2025
- Mastercard Incorporated (MA) – Q4 2024
- Shell PLC (SHEL) – Q4 2024
Releases
- Eurozone (ECB Interest Rate Decision)
- Eurozone (GDP, Q4 flash)
- Eurozone (Unemployment, December)
- France (GDP, Q4 preliminary)
- Germany (GDP, Q4 flash)
- Italy (GDP, Q4 advance)
- Mexico (GDP, Q4)
- New Zealand (Trade, December)
- Spain (Inflation, January preliminary)
- United Kingdom (Mortgage Lending and Approval, December)
- United States (GDP, Q4 advance)
- United States (Pending Home Sales, December)
Friday 24th January
Earnings
- Exxon Mobil Corporation (XOM) – Q4 2024
- AbbVie, Inc. (ABBV) – Q4 2024
- Chevron Corporation (CVX) – Q4 2024
- Novartis AG (NVS) – Q4 2024
Releases
- China (NBS PMI, January)
- France (Inflation, January preliminary)
- Germany (Inflation, January preliminary)
- Germany (Retail Sales, December)
- Germany (Unemployment, January)
- Japan (Industrial Production, December)
- Japan (Unemployment Rate, December)
- Japan (Retail Sales, December)
- United Kingdom (Nationwide Housing Prices, January)
- United States (Core PCE Price Index, December)
- United States (Personal Income and Spending, December)
For a more in-depth look at the upcoming week’s key events, visit our Economic Calendar.
