8:43 AM · 20 January 2026

Economic calendar: Germany ZEW, US ADP and US Supreme Court ruling on tariffs

Today’s macro calendar is not particularly busy. Market attention is shifting toward the upcoming US Supreme Court decision on Donald Trump’s tariffs.

Economic calendar

9 AM GMT (Germany) – ZEW Survey

Expectations: 50 vs 45.8 forecast
Current conditions: -76 vs -81 previously

12:15 PM GMT (US) – ADP weekly data

Previous: 11.75k

Around 2 PM GMT (US) – US Supreme Court ruling on tariffs

World Economic Forum in Davos – all day

Corporate earnings

Before the open: 3M
Before the open: US Bancorp

8 PM GMT: Netflix (Q4 earnings release)
8:45 PM GMT: Company conference call

After the close: United Airlines
After the close: Interactive Brokers

15 May 2026, 7:21 PM

Daily summary: A week closed with declines – is the market starting to fear inflation?

15 May 2026, 7:24 AM

Economic Calendar: Global Data Focus Shifts to US and Canada,

14 May 2026, 12:18 PM

Market Wrap: What does Trump's Beijing visit mean for the markets?

14 May 2026, 7:31 AM

Economic Calendar: All eyes on US consumer 🇺🇸 (14.05.2026)

Economic reports

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