Economic calendar: ECB decision, US PPI and jobless claims in the market spotlight

European markets headed for a slightly higher opening, after an upbeat session in Asia and an upbeat close in the US yesterday
The European Central Bank is likely to cut rates again today by 25 bps
US jobless claims data and November PPI producer price inflation in the Wall Street spotlight

During today's session, the focus of the markets will be on the ECB's decision, where Christine Lagarde is likely to strike 'dovish tones' again, and more data from the US, where the market will look for confirmation of the narrative of an 'almost certain' US rate cut, in December. The Australian dollar is gaining strongly, following a strong employment change reading and a surprise drop in the unemployment rate to 3.9% from 4.1% previously; 4.2% was expected. Swedish inflation in line with expectations. U.S. 10-year bond yields rise about 2 bps to near 4.29%, though the Eurodollar gains nearly 0.2%

8:30 AM GMT, Switzerland, SNB interest rate decision: expected 0.75% vs. 1% previously

1:30 PM GMT, Eurozone, ECB interest rate decision: expected 3% vs. 3.25% previously

1:30 PM GMT, U.S. benefit claims: expected 220k vs. 224k previously

1:30 PM GMT, US PPI inflation for November: expected 2.6% y/y vs. 2.4% previously (expected 0.2% m/m vs. 0.2% previously)

Core PPI: expected 3.2% y/y vs. 3.1% previously (expected 0.2% m/m vs. 0.3% previously)

Central bankers' speeches

1:45 PM GMT - ECB, Christine Lagarde

Financial results after the US session

Broadcom (AVGO.US), Costco (COST.US)

14 January 2026, 7:19 AM

Economic calendar: US retail sales and PPI data in focus on Wall Street 🗽

14 January 2026, 6:36 AM

Morning wrap (14.01.2026)

13 January 2026, 3:17 PM

Will the U.S. Supreme Court decision shake Wall Street? 🗽 These stocks could benefit

13 January 2026, 1:31 PM

BREAKING: EURUSD spikes on lower-than-expected Core CPI in the US❗️

Economic reports

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Economic calendar: ECB decision, US PPI and jobless claims in the market spotlight

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