Economic calendar: a day of inflation reports, with the US PCE report at the forefront📄

Today, inflation will once again be the central focus for investors. The most important report of the day will be the U.S. PCE report, scheduled for release at 01:30 PM GMT. Prior to that, investors will also receive inflation reports from Germany, Italy, France, and Hungary.

Detailed schedule for the day:

07:45 AM GMT, France - Inflation Data for January:

• French CPI: forecast 1.5% YoY; previous 1.3% YoY;
• French CPI: forecast 0.0% MoM; previous 0.2% MoM;
• French HICP: forecast 0.0% MoM; previous 0.2% MoM;
• French HICP: forecast 1.9% YoY; previous 1.8% YoY;
• PPI: previous -5.20% YoY;
• French PPI: previous 3.2% MoM;

08:55 AM GMT, Germany - Employment Data for January:

• German Unemployment: previous 2.869M;
• German Unemployment Rate: forecast 6.2%; previous 6.1%;
• German Unemployment Change: forecast 14K; previous 10K;

01:00 PM GMT, Germany - Inflation Data for January:

• German CPI: forecast 2.6% YoY; previous 2.6% YoY;
• German CPI: forecast 0.1% MoM; previous 0.5% MoM;
• German HICP: forecast -0.2% MoM; previous 0.7% MoM;
• German HICP: forecast 2.8% YoY; previous 2.8% YoY;

01:30 PM GMT, United States - Inflation Data for December:

• PCE price index: forecast 0.3% MoM; previous 0.1% MoM;
• PCE Price index: forecast 2.6% YoY; previous 2.4% YoY;
• Core PCE Price Index: forecast 2.8% YoY; previous 2.8% YoY;
• Core PCE Price Index: forecast 0.2% MoM; previous 0.1% MoM;
• Real Personal Consumption: previous 0.3% MoM;
• Personal Spending: forecast 0.5% MoM; previous 0.4% MoM;
• Personal Income: forecast 0.4% MoM; previous 0.3% MoM;

01:30 PM GMT, United States - FOMC Member Bowman Speaks

02:45 PM GMT, United States - PMI Data for January:

• Chicago PMI: forecast 40.3; previous 36.9;