Currently, the global economy is in a period of and . Inflation remains the largest concern in most markets but has recently begun to globally with only
30
countries reporting higher inflation this month than last month.The Zoomed Out View
Aggregate charts for a better picture of what the entire global economy is experiencing. They change from time to time but we tend to highlight the current buzz from a zoomed out view.Upcoming Economic Releases
All of the events below are considered high impact.| Country | Event | Actual | Estimate | Previous | |
|---|---|---|---|---|---|
| Tuesday, Jan 14th | |||||
| 🇺🇸 | United States | PPI MoM (Dec) | 0.2 | 0.3 | 0.4 |
| Wednesday, Jan 15th | |||||
| Inflation Rate YoY (Dec) | 2.5 | 2.6 | 2.6 | ||
| 🇪🇺 | European Union | ECB Guindos Speech | |||
| 🇩🇪 | Germany | Full Year GDP Growth (2025) | -0.2 | -0.2 | -0.3 |
| 🇩🇪 | Germany | Full Year GDP Growth (2024) | -0.2 | -0.2 | -0.3 |
| 🇺🇸 | United States | CPI s.a (Dec) | 317.685 | 317.4 | 316.441 |
| 🇺🇸 | United States | Inflation Rate YoY (Dec) | 2.9 | 2.9 | 2.7 |
| 🇺🇸 | United States | NY Empire State Manufacturing Index (Jan) | -12.6 | 3 | 2.1 |
| 🇺🇸 | United States | Core Inflation Rate YoY (Dec) | 3.2 | 3.3 | 3.3 |
| 🇺🇸 | United States | CPI (Dec) | 315.61 | 315.61 | 315.49 |
| Thursday, Jan 16th | |||||
| 🇦🇺 | Australia | Employment Change (Dec) | 56.3 | 15 | 28.2 |
| 🇦🇺 | Australia | Unemployment Rate (Dec) | 4 | 4 | 3.9 |
| Goods Trade Balance (Nov) | -19.31 | -17.9 | -19.33 | ||
| Goods Trade Balance Non-EU (Nov) | -7.72 | -6.8 | -7.65 | ||
| GDP YoY (Nov) | 1 | 1.3 | 1.1 | ||
| GDP MoM (Nov) | 0.1 | 0.2 | -0.1 | ||
| 🇩🇪 | Germany | CPI (Dec) | 119.8 | ||
| 🇮🇹 | Italy | CPI (Dec) | |||
| 🇺🇸 | United States | Retail Sales YoY (Dec) | 3.9 | 4 | 4.1 |
| 🇺🇸 | United States | Retail Sales MoM (Dec) | 0.4 | 0.6 | 0.8 |
| 🇺🇸 | United States | Retail Sales Ex Gas/Autos MoM (Dec) | 0.3 | 0.4 | 0.2 |
| 🇺🇸 | United States | Retail Sales Ex Autos MoM (Dec) | 0.4 | 0.4 | 0.2 |
| 🇺🇸 | United States | Continuing Jobless Claims (Jan/04) | 1859 | 1870 | 1867 |
| 🇺🇸 | United States | Jobless Claims 4-week Average (Jan/11) | 212.75 | 215 | 213.5 |
| 🇺🇸 | United States | Initial Jobless Claims (Jan/11) | 217 | 210 | 203 |
| Friday, Jan 17th | |||||
| 🇨🇳 | China | Industrial Production YoY (Dec) | 6.2 | 5.4 | 5.4 |
| 🇨🇳 | China | Retail Sales YoY (Dec) | 3.7 | 3.5 | 3 |
| 🇨🇳 | China | Unemployment Rate (Dec) | 5.1 | 5 | 5 |
| 🇨🇳 | China | GDP Growth Rate YoY (Q4) | 5.4 | 5 | 4.6 |
| Retail Sales YoY (Dec) | 3.6 | 4.2 | 0 | ||
| Retail Sales ex Fuel YoY (Dec) | 2.9 | 3.6 | -0.5 | ||
| Retail Sales ex Fuel MoM (Dec) | -0.6 | 0.1 | 0.1 | ||
| Retail Sales MoM (Dec) | -0.3 | 0.4 | 0.1 | ||
| 🇪🇺 | European Union | CPI (Dec) | 127.07 | 127.08 | 126.62 |
| 🇺🇸 | United States | Housing Starts (Dec) | 1.499 | 1.32 | 1.294 |
| 🇺🇸 | United States | Building Permits (Dec) | 1.483 | 1.46 | 1.493 |
Don't let the economy surprise you.
Economic releases, key earnings, speeches, weather, and other market moving events for the week ahead are highlighted in our weekly Sunday note.
