The main events of the day

Friday, January 26, promises to be full of inflation statistics on Japan and Canada and GDP data on the UK and the US.

The market monitors the downward dynamics of the American and its possible correction.

At 01:30 – release of data on inflation in Japan:
– Nationwide basic consumer price index (CPI) in Japan (y/y), the forecast is 0.9%, the previous value is 0.9%.
– Basic consumer price index (CPI) in Tokyo (Japan) (y/y), the forecast is 0.8%, the previous value is 0.8%.

At 01:50 – publication of the minutes of the meeting on the monetary policy of the Bank of Japan.

At 11:30 –  data on the UK GDP:
– the UK GDP (y/y), the forecast is 1.4%, the previous value is 1.7%.
– the UK GDP (q/q), the forecast is 0.4%, the previous value is 0.4%.

At 15:30 – a news block on the US and Canada:
– Basic orders for durable goods in the US (m/m), the forecast is 0.5%, the previous value is -0.1%.
– The volume of orders for durable goods in the US (m/m), the forecast is 0.8%, the previous value is 1.3%.
– the US GDP (q/q), the forecast is 3.0%, the previous value is 3.2%.
– the US GDP deflator (q/q),  the forecast is 2.3%, the previous value is 2.1%.
– The balance of foreign trade in the US goods, the forecast is -68.60D, the previous value is -69.68D.
– The basic consumer price index (CPI) in Canada (m/m), the previous value is 0.8%.
– The basic consumer price index (CPI) in Canada (y/y), the previous value is 1.3%.
– Consumer Price Index (CPI) in Canada (m/m), the forecast is -0.3%, the previous value is 0.3%.

At 16:00 – the speech of the head of the Bank of England, Carney.

Also, at 16:00 – the speech of the head of the Japanese bank, Kuroda.

At 20:00 – publication of the number of drilling rigs in the US from Baker Hughes, the previous value is 747.

Hanzenko Anton