Economic Calendar: Focus on McDonald's Earnings and Central Bank Speakers

Markets await McDonald's Q4 2024 earnings and subsequent earnings call amid ongoing trade tensions following Trump's latest steel and aluminum tariff announcements. Multiple ECB speakers and inflation expectations data will be closely watched as markets assess monetary policy implications of escalating trade conflicts.

Key Data Releases (GMT) 

07:00 - Norwegian Economic Data:

• Mainland GDP MoM - Previous: 0.0%
• CPI YoY - Forecast: 2.2% vs Previous: 2.2%
• CPI MoM - Forecast: 0.1% vs Previous: -0.1%

09:00 - Italian Industrial Sales MoM:

• Previous: 0.6%

09:30 - Eurozone Sentix Investor Confidence:

• Forecast: -16.5 vs Previous: -17.7

16:00 - NY Fed Inflation Expectations

16:30 - US Treasury Bill Data:

• 6-Month Bill High Yield - Previous: 4.155%
• 6-Month Bill Bid-to-Cover - Previous: 3.040
• 3-Month Bill High Yield - Previous: 4.220%
• 3-Month Bill Bid-to-Cover - Previous: 2.650

Corporate Earnings 

12:00 - McDonald's (MCD) Q4 2024 Earnings 

13:30 - McDonald's Earnings Call

Central Bank Speakers 

14:00 - ECB President Lagarde Speaks 

17:00 - ECB's Schnabel Speaks 

17:30 - BoE's Mann Speaks