The main events of Wednesday!

On Wednesday, January 16, the day is full of news, among which the data for the UK and the USA are worth highlighting .

At 01:30 –  Westpac consumer sentiment index  (Jan) Australia,  previous value 0.1%.

At 06:30 – index of business activity in the services sector (m/m) of Japan,  forecast  -0.5%, previous value 1.9%.

At 09:00 – consumer price index (CPI) of Germany (m/m) (December),  forecast 0.1%,  previous value 0.1%.

At 11:15 –  the speech of the Bank of England Governor Carney.

At 11:30 – an inflation report in the UK will be published:
– Consumer price index (CPI) (m/m) (December), forecast 0.2%, previous value 0.2%.
– Consumer price index (CPI) (y/y) (December), forecast 2.1%, previous value 2.3%.
– CPIH (y/y), forecast 2.0%, previous value 2.2%.
– Gross mortgage approvals, forecast 39.0K, previous value 39.4K.
– Producer price index (m/m) (December),  forecast -1.7%,  previous value -2.3%.

At 15:30 – US data block will be released:
– Core retail sales (m/m) (December),  forecast  0.1%,  previous value  0.2%.
– Export Price Index (m/m) (December), forecast -0.6%, previous value -0.9%.
– Import price index (m/m) (December), forecast -1.3%, previous value -1.6%.
– Retail sales (m/m) (December), forecast 0.2%, previous value  0.2%.

At 17:00 – business inventories (m/m) (November) in the USA,  forecast  0.3%,  previous value  0.6%.

At 17:30 – data on US oil inventories will be released:
– Crude oil inventories, forecast -1,500M,  previous value -1,680M.
– Cushing (Oklahoma) crude oil inventories,  previous value 0.330M.

At 21:00 – the Beige Book of the Fed will be released.

Hanzenko Anton