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
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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.
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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
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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
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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.
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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
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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