The main events of Thursday!

On Thursday, January 17, the economic calendar will be saturated with statistics, among which the inflation data in the euro area and the construction data in the United States are worth highlighting .

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

At 02:01 – RICS house price balance (December) in the UK, forecast  -13%, previous value  -11%.

At 02:30 – housing loans (m/m) (November) in Australia,  forecast -1.4%,  previous value  2.2%.

At 05:20 – a speech by the head of the Bank of Japan Kuroda will take place.

At 12:00 – an inflation report in the eurozone:
– Core Consumer Price Index (CPI) (y/y) (December), forecast 1.0%, previous 1.0%.
– Consumer price index (CPI) (y/y) (December), forecast 1.6%, previous 1.6%.
– Consumer price index (CPI) (m/m) (December), forecast -0.2%, the previous value -0.2%.

At 13:00 –  OPEC monthly report will be published.

At 15:30 – US data will be released:
– Building permits (m/m) (December), forecast -2.1%, previous value  5.0%.
– Building permits (December), forecast 1,290M, previous value 1,328M.
– Housing starts (December), forecast 1,254M, previous value  1,256M.
– Housing starts (m/m) (December),  forecast  -0.2%, previous value  3.2%.
– Initial jobless claims,  forecast  218K, previous value  216K.
– Philadelphia Fed index of production activity  (Jan), forecast  10.1, previous value  9.4.
– Philadelphia Fed Employment Index (January),  previous value 19.1.

At 23:30 – index of business activity in the manufacturing sector PMI (December) of New Zealand, previous value  53.5.

Hanzenko Anton