7:43 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

20 January 2026, 7:20 AM

Mixed labor data from UK📌Germany PPI falls stronger than expected

20 January 2026, 6:48 AM

Morning wrap (20.01.2026)

19 January 2026, 11:49 AM

MIDDAY WRAP: European indices under pressure from the Greenland dispute, Japan announces snap elections 🎙️

19 January 2026, 7:55 AM

Economic calendar: Davos and quarterly earnings on Wall Street 🔎

Economic reports

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