The main events of the day

On Friday, January 12, market will be focused on inflation data in the US.

The dynamics of the US dollar is the main driver after the decline and the expectation of the US data.

At 01:50 – publication of the current account of Japan’s balance of payments (excluding seasonal fluctuations), the forecast is 1.836T, the previous value is 2.176T.

At 06:45 – data on China’s trade balance:
– The volume of China’s exports (y/y), the forecast is 9.1%, the previous value is 12.3%.
– The volume of imports of China (y/y), the forecast is 13.0%, the previous value is 17.7%.
– China’s trade balance (USD), the forecast is 37,00D, the previous value is 40,21D.

At 15:30 – publication of a report on inflation and the US:
– The basic consumer price index (CPI) in the US (y/y), the forecast is 1.7%, the previous value is 1.7%.
– The basic consumer price index (CPI) in the US (m/m), the forecast is 0.2%, the previous value is 0.1%.
– The base retail sales index in the US (m/m), the forecast is 0.4%, the previous value is 1.0%.
– Consumer Price Index (CPI) in the US (m/m), the forecast is 0.2%, the previous value is 0.4%.
– The volume of retail sales in the US (m/m), the forecast is 0.4%, the previous value is 0.8%.

At 17:00 – release of the volume of inventories in the US (m/m), the forecast is 0.3%, the previous value is -0.1%.

At 18:30 – the speech of the President of the Bundesbank Weidmann.

At 20:00 – publication of the number of drilling rigs in the US by Baker Hughes, the previous value is 742.

Hanzenko Anton