Economic calendar: FOMC, labor data and many more ahead this week 📌

Futures indicate a slightly lower cash session opening in Europe. Today's macro calendar is quite light, with the only publication worth global market attention being the Dallas FED Index.

However, despite a light start, there will be several important events later in the week. On Tuesday, investors will learn about the GDP data from Europe, on Wednesday the Fed will announce its decision on interest rates, and we will learn about the ADP report. On Friday, final PMI data and the NFP report will be published.

The ongoing financial results season of companies will be equally interesting this week. On Tuesday, we await results from Microsoft, Alphabet, and AMD, among others. On Wednesday, attention turns to Novo Nordisk and Mastercard, while on Thursday, Apple, Amazon, and Meta Platforms will present their results. Friday will bring us valuable information about the results of the most important representatives of the fuel industry.

Detailed calendar for the week:

January 29: Monday

• 3:30 PM GMT - USA, Dallas FED Index

January 30: Tuesday

• 12:30 AM GMT - Australia, Retail Sales
• 8:00 AM GMT - Spain, CPI inflation and GDP report
• 9:00 AM GMT - Germany, Italy, GDP reports
• 10:00 AM GMT - Eurozone, GDP report
• 3:00 PM GMT - USA, JOLTS data

January 31: Wednesday

• 12:30 AM GMT - Australia, CPI inflation
• 1:00 AM GMT - China, PMI data
• 9:00 AM GMT - Poland, GDP report
• 1:00 PM GMT - Germany, CPI inflation
• 1:15 PM GMT - USA, ADP report
• 3:30 PM GMT - USA, EIA data on oil inventories
• 7:00 PM GMT - USA, FOMC decision
• 7:30 PM GMT - USA, Powell's conference

February 1: Thursday

• 12:30 AM GMT - Japan, PMI index for industry
• 1:45 AM GMT - China, Caixin PMI index for industry
• 8:00/9:30 AM GMT - PMI data for European countries, the UK
• 10:00 AM GMT - Eurozone, HICP inflation
• 12:00 PM GMT - UK, BoE decision
• 12:30 PM GMT - USA, Challenger report
• 1:30 PM GMT - USA, unemployment claims
• 2:30 PM GMT - Canada, PMI data for industry
• 3:00 PM GMT - USA, ISM PMI data for industry
• 3:30 PM GMT - USA, EIA report on gas inventories

February 2: Friday

• 1:30 PM GMT - USA, NFP data
• 3:00 PM GMT - USA, UoM data
• 3:00 PM GMT - USA, durable goods orders