Economic Events: January 13–19, 2025
Economic Events: January 13–19, 2025
Dear readers,
As we navigate the week of January 13–19, 2025, several key economic events are poised to influence global markets. Here's a concise overview to keep you informed:
China's December Trade Figures: China will release its trade data, providing insights into the health of its export and import activities. Given China's significant role in global trade, these figures can impact worldwide economic sentiment.
U.S. Producer Price Index (PPI) for December: The PPI measures the average change over time in the selling prices received by domestic producers for their output. It's a leading indicator of consumer inflation, as producers may pass on higher costs to consumers.
U.S. Consumer Price Index (CPI) for December: The CPI tracks changes in the price level of a market basket of consumer goods and services. It's a primary indicator of inflation, influencing monetary policy decisions.
Federal Reserve's Beige Book Release: This report offers anecdotal information on current economic conditions across the 12 Federal Reserve Districts, providing valuable context for the Federal Reserve's policy decisions.
U.S. Retail Sales Data for December: This report reflects consumer spending, a major component of economic activity. December's data will shed light on holiday shopping trends and overall consumer confidence.
U.S. Housing Starts and Building Permits for December: These figures indicate the health of the housing market, a significant contributor to economic growth. Increases suggest economic strength, while declines may signal potential slowdowns.
China's Q4 GDP and December Industrial Production: China will report its fourth-quarter GDP growth and industrial production data. As the world's second-largest economy, these metrics are crucial for assessing global economic momentum.
Earnings Reports from Major U.S. Banks: Financial giants like JPMorgan Chase, Goldman Sachs, Citigroup, and Bank of America will release their earnings. These reports offer insights into the financial sector's health and broader economic trends.
Germany's Full-Year GDP Estimate: Germany will provide an estimate of its economic performance for 2024. As Europe's largest economy, this data is pivotal for understanding the region's economic landscape.
UK's Monthly GDP and Industrial Production Data for November: The UK will release its GDP and industrial production figures, offering a snapshot of the country's economic health amid ongoing global challenges.
Staying informed about these events can help you anticipate market movements and make well-informed decisions. Keep an eye on these developments as the week unfolds.