Economic calendar: US CPI tops the calendar

  • US headline CPI expected to accelerate

  • Number of central bankers scheduled to speak today

  • Kraft Heinz, PepsiCo and NVIDIA among today’s earnings reporters

1:30 pm GMT - Poland, trade balance for December. Expected: -€730 million. Previous: €829 million

1:30 pm GMT - US, CPI inflation for January. Headline gauge of the US CPI inflation is expected to accelerate from 2.3% YoY to 2.4% YoY in January. Core measure is expected to slow from 2.3% YoY to 2.2% YoY. The US inflation remains above Fed’s target but given that price growth does not steer FOMC actions now, it is unlikely that any action will be taken unless significant acceleration is spotted. 

1:30 pm GMT - US, jobless claims. Expected: 212k. Previous: 202k

3:30 pm GMT - EIA natural gas storage data. Expected:-109.08 bcf. Previous: -137 bcf

Central bankers’ speeches

  • 8:30 am GMT - ECB’s de Cos

  • 12:00 pm GMT - ECB’s Lane

  • 5:00 pm GMT - Norges Bank Governor Olsen

  • 5:00 pm GMT - ECB’s Panetta

  • 5:45 pm GMT - Fed’s Kaplan

  • 6:00 pm GMT - ECB’s Lane

  • 7:00 pm GMT - ECB’s Panetta

  • 9:00 pm GMT - RBNZ’s Hawkesby

  • 10:30 pm GMT - Fed’s Williams

Major earnings releases

  • American International Group (AIG.US)

  • Duke Energy (DUK.US)

  • Kraft Heinz (KHC.US)

  • NVIDIA (NVDA.US)

  • PepsiCo (PEP.CO)

  • Waste  Management (WM.US)

3 markets to watch next week
Coronavirus: market update
Crypto newsletter: Crypto market slowly recovers
Economic calendar: Sales figures from Canada and US consumer sentiment data
Morning wrap
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