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Key Economic Events: Week Of 12th January 2026
Release Date: 12th January 2026
What to Expect in Markets This Week: This week features important US economic indicators including CPI, PPI, and retail sales data. The Philadelphia Fed Manufacturing Index and Initial Jobless Claims will also be released. The next Fed Interest Rate Decision is scheduled on January 28th, 2026.

12 January 2026

Holiday - Japan - Coming of Age (Adults') Day

Date: 12-Jan-26, Mon, All Day Currency: JPY Importance: 3 Notes: Japan national holiday Learn More: Coming of Age Day

USD - 10-Year Note Auction

Date: 12-Jan-26, Mon, 23:30 IST Currency: USD Importance: 3 Forecast: Link Previous: 4.18% Notes: The figures displayed in the calendar represent the yield on the Treasury Note auctioned. U.S. Treasury Notes have maturities of two to ten years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The rate on a Treasury Note represents the return an investor will receive by holding the note for its entire duration. All bidders receive the same rate at the highest accepted bid. Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security. Learn More: USDJPY EURUSD

13 January 2026

USD - CPI (MoM) (Dec)

Date: 13-Jan-26, Tue, 19:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 0.30% Notes: Measures monthly change in core consumer prices excluding volatile food and energy; higher reading bullish for USD Learn More: USDJPY EURUSD

USD - CPI (YoY) (Dec)

Date: 13-Jan-26, Tue, 19:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 2.70% Notes: Measures annual change in consumer prices; critical for assessing inflation trends and currency impact Learn More: USDJPY EURUSD

USD - Core CPI (MoM) (Dec)

Date: 13-Jan-26, Tue, 19:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 0.20% Notes: Measures monthly change in core consumer prices excluding volatile food and energy; higher reading bullish for USD Learn More: USDJPY EURUSD

USD - New Home Sales (Oct)

Date: 13-Jan-26, Tue, 20:30 IST Currency: USD Importance: 3 Forecast: Link Previous: 800K Notes: Measures new residential home sales; reflects housing market health and economic activity Learn More: USDJPY EURUSD

14 January 2026

USD - PPI (MoM) (Nov)

Date: 14-Jan-26, Wed, 19:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 0.30% Notes: Producer Price Index measures wholesale inflation; early indicator of consumer price pressures Learn More: USDJPY EURUSD

USD - Retail Sales (MoM) (Nov)

Date: 14-Jan-26, Wed, 19:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 0.00% Notes: Measures monthly retail sales excluding autos; indicator of consumer spending excluding volatile auto sales Learn More: USDJPY EURUSD

USD - Core Retail Sales (MoM) (Nov)

Date: 14-Jan-26, Wed, 19:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 0.40% Notes: Measures monthly retail sales; broader indicator of consumer spending and economic activity Learn More: USDJPY EURUSD

USD - Existing Home Sales (Dec)

Date: 14-Jan-26, Wed, 20:30 IST Currency: USD Importance: 3 Forecast: Link Previous: 4.13M Notes: Measures existing home sales; reflects housing market conditions and economic health Learn More: USDJPY EURUSD

USD - Crude Oil Inventories

Date: 14-Jan-26, Wed, 21:00 IST Currency: USD Importance: 3 Forecast: Link Previous: -3.832M Notes: The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected. If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected. Learn More: USDJPY EURUSD

15 January 2026

GBP - GDP (MoM) (Nov)

Date: 15-Jan-26, Thur, 12:30 IST Currency: GBP Importance: 3 Forecast: Link Previous: -0.10% Notes: Monthly GDP measures economic activity; key indicator of UK economic health; affects GBP volatility Learn More: USDJPY EURUSD

USD - Philadelphia Fed Manufacturing Index (Jan)

Date: 15-Jan-26, Thur, 19:00 IST Currency: USD Importance: 3 Forecast: Link Previous: -8.8 Notes: Regional manufacturing sentiment indicator; precedes national manufacturing data; affects USD Learn More: USDJPY EURUSD

USD - Initial Jobless Claims

Date: 15-Jan-26, Thur, 19:00 IST Currency: USD Importance: 3 Forecast: Link Previous: 208K Notes: Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week. A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD. Learn More: USDJPY EURUSD

USD - S&P Global Manufacturing PMI (Jan)

Date: 15-Jan-26, Thur, 19:15 IST Currency: USD Importance: 3 Forecast: Link Previous: 52.2 Notes: Purchasing Managers Index for manufacturing; above 50 indicates expansion; affects USD Learn More: USDJPY EURUSD

16 January 2026

EUR - German CPI (MoM) (Dec)

Date: 16-Jan-26, Fri, 12:30 IST Currency: EUR Importance: 3 Forecast: Link Previous: 0.00% Notes: Monthly CPI measure for Germany; key eurozone inflation indicator; affects EUR movements Learn More: USDJPY EURUSD

Next Fed Interest Rate Decision

USD - Fed Interest Rate Decision

Date: 28-Jan-26, Wed, 23:30 IST Currency: USD Importance: 3 Forecast: 3.61% Previous: 3.63% Notes: The Federal Reserve sets interest rates at regularly scheduled meetings. Interest rates directly affect the cost of borrowing and can impact currency values, inflation, and economic growth. Changes in interest rates can significantly impact financial markets and the broader economy. Learn More: CME FedWatch Tool
Upcoming Major Event: The next Fed Interest Rate Decision is scheduled on January 28th, 2026. Previous decision was 3.63% with the current rate at 3.61%.

Previous Economic Calendars