The main events of Thursday!

On Thursday, January 31, the day is full of news on: business activity in China, employment in Germany, GDP in the eurozone and Canada, and spending in the United States.

At 01:50 –  industrial production (m/m) (December) of Japan will be released,  forecast -0.5%,  previous value  -1.0%.

At 02:30 – private sector credit (m/m) (December) will be released in Australia,  forecast 0.3%,  previous value  0.3%.

At 03:00 – data on business activity in China will be published :
– Manufacturing PMI (Jan), forecast 49.3, previous 49.4.
– Non-manufacturing Business Index (PMI) (January), forecast 53.9, previous 53.8.

At 03:30 – the Deputy Governor of the Bank of Japan Amamiya will speak.

At 09:00 – German retail sales (m/m) (December) will be published,  forecast  -0.6%,  previous value 1.4%.

At 10:55 – employment data in Germany will be released:
– German unemployment change (January),  forecast -10K,  previous value -14K.
– German unemployment rate (January), forecast 5.0%,  previous value 5.0%.

At 12:00 – Eurozone GDP data will be published:
– GDP (y/y),  forecast  1.2%,  previous value  1.6%.
– GDP (q/q),  forecast  0.2%,  previous value  0.2%.
– The unemployment rate (December),  forecast  7.9%,  previous value  7.9%.

At 15:30 – US data will be released:
– Core price index of personal consumption expenditures (y/y) (December),  forecast 1.9%,  previous value  1.9%.
– Core price index for personal consumption expenditures (m/m) (December), forecast 0.2%, previous value 0.1%.
– Employment Cost Index (q/q) (Q4), forecast 0.8%, previous value 0.8%.
– Initial jobless claims,  forecast  215K, previous value 199K.
– Personal spending (m/m) (December),  forecast 0.3%,  previous value  0.4%.

Also at 3:30 pm, Canada’s GDP data will be published:
– GDP (m/m) (November), forecast -0.1%,  previous value  0.3%.
– GDP (y/y), previous value 2.2%.
– Raw materials price index (RMPI) (m/m) (December),  previous value  -11.7%.

At 16:45 – PMI will be released in Chicago (January) USA, forecast 61.5,  previous value  65.4.

At 18:00 – the speech of the President of the Bundesbank, Weidmann.

At 19:45 – will be a speech of a member of the Board of the Bank of Canada Wilkins.

At 23:00 – TIC net long-term  traansactions (November) in the USA will be published,  previous value  31.3B.

At 23:30 –  AIG (Jan) Australia manufacturing activity index will be released, previous value  49.5.

Hanzenko Anton