Economic calendar: Virus concerns to overshadow light calendar

Markets remain focused on coronavirus outbreak
BoE and FOMC to announce rate decision this week
German IFO index among reports scheduled for today

Downbeat moods persist at the start of a new week with coronavirus death toll rising sharply to over 80. Traders should expect trading to be centered around the topic this week with stocks and oil being particularly vulnerable. Other events of note that could spur additional volatility this week are FOMC decision (Wednesday, 7:00 pm GMT), BoE decision (Thursday, 12:00 pm GMT) and US GDP release (Thursday, 1:30 pm GMT).

Readings scheduled for today

9:00 am GMT - Germany, IFO index for January. Expected: 97 pts. Previous: 96.3 pts

9:00 am GMT - Poland, unemployment rate for December. Expected: 5.2%. Previous: 5.1%

3:00 pm GMT - US, new home sales for December. Expected: 725k. Previous: 719k

8 January 2026, 18:57

Daily summary: exceptionally low US trade deficit; dollar remains strong 📌

8 January 2026, 17:10

NY Fed Survey: higher inflation expectations, but also higher equity price expectations 📄🔎

8 January 2026, 13:31

BREAKING: EURUSD reacts to US jobless claims & labor costs data 🗽

8 January 2026, 10:20

BREAKING: PPI in Eurozone higher than expected, unemployment falls

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Economic calendar: Virus concerns to overshadow light calendar

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