Economic calendar: US CPI inflation to dominate the market 🔎

US CPI inflation data
Indices in Europe open lower

Today's macroeconomic calendar essentially has one important event planned - the US CPI inflation. This will be sufficient to increase volatility in the main currency pairs and initiate movement in the indices. The CPI inflation is expected to rise to 3.6% year-on-year, marking the second consecutive increase month-on-month after a local inflation low of 3.0% year-on-year in June. Note that on a monthly basis, inflation is expected to soar by as much as 0.6%, which is quite a large increase compared to the average. Meanwhile, the core inflation is expected to fall from 4.7% last month to 4.3% in August.

Investors will be looking for clues in the report regarding the future policy of the Fed. The decision in September is practically known. However, after the expected pause in hikes, the open question remains for the November decision. Currently, the chances are more or less evenly distributed between another pause and a 25 basis point increase.

Detailed calendar of the day

1:30 PM BST, USA - inflation report for August:

CPI headline annual: expected 3.6% y/y; previously 3.2% y/y
CPI headline monthly: expected 0.6% m/m; previously 0.2% m/m
Core CPI annual: expected 4.3% y/y; previously 4.7% y/y
Core CPI monthly: expected 0.2% m/m; previously 0.2% m/m

3:30 PM BST, USA - weekly EIA inventory report:

Crude oil stocks: expected -2.0 mn barrels; previously -6.31 mn barrels
Gasoline stocks: expected -0.2 mn barrels; previously -2.67 mn barrels

6 January 2026, 2:51 PM

BREAKING: EURUSD muted; US services growth cools in December as demand softens 📌

6 January 2026, 2:22 PM

Barkin and Miran remain on opposite sides of the Fed policy path🎙️

6 January 2026, 1:07 PM

BREAKING: German inflation comes in significantly below expectations, EURUSD slips 📉

6 January 2026, 9:35 AM

BREAKING: European PMIs slightly weaker than expected; Spain stands out positively 🔎

Economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

Economic calendar: US CPI inflation to dominate the market 🔎

Detailed calendar of the day

1:30 PM BST, USA - inflation report for August:

Join over 2 000 000 XTB Group Clients from around the world