The main events of Wednesday!

On Wednesday, January 30, the day is saturated with an inflation data in Australia and Germany, and preliminary data on the GDP of France and the USA. The focus of the market will be on the US Federal Reserve meeting results.

At 01:50 – retail sales (y/y) (December) in Japan will be published,  forecast  0.8%,  previous value  1.4%.

At 02:30 –  inflation data in Australia will be released:
– Consumer price index (CPI) (q/q) (Q4), forecast 0.4%, previous 0.4%.
– Consumer price index (CPI) (y/y) (Q4),  forecast  1.7%, previous value  1.9%.
– Weighted mean consumer price index (CPI) (q/q) (Q4), forecast 0.4%, previous value  0.4%.

At 09:00 – Gfk German consumer climate index  (Feb) will be announced, forecast 10.3,  previous value 10.4 .

At 10:00 – KOF leading indicators of Switzerland (January) will be released,  forecast 97.0, previous value  96.3.

At 15:00 – German consumer price index (CPI)  (m/m) (January) will be released,  forecast -0.9%, previous value 0.1%.

At 15:15 – ADP nonfarm employment change  (January) will be published in the USA, forecast  178K,  previous value  271K.

At 15:30 – the preliminary data on the United States will be released:
– GDP (q/q) (Q4), forecast 2.6%, previous value 3.4%.
– GDP deflator (q/q) (Q4),  forecast  1.7%,  previous value  1.5%.

At 17:00 – pending home sales index (m/m) (December) will be published in the USA, forecast 0.5%, previous value -0.7%.

At 17:30 – data on US oil inventories will be released:
– Crude oil inventories, previous value  7.970M.
– Cushing (Oklahoma) Crude oil inventories,  previous value  -0.190M.

At 21:00 –  Fed meeting minutes will be published:
– FOMC statement.
– Interest rate decision,  forecast  2.50%, previous value 2.50%.

At 21:30 – FOMC press conference will be held.

Hanzenko Anton