Week Ahead: Global Markets on Watch

A high-impact week with major data from China, the UK, and the US, plus key central bank decisions. Volatility risk rises as inflation and growth signals stack up.

Mon (Jan 19)
🇺🇸 US markets closed (MLK Day) → thinner liquidity
🇨🇳 China Q4 GDP, Industrial Production, Retail Sales
 ↳ Takeaway: growth steady, industry resilient, consumption still soft
🇨🇦 Canada CPI & Core CPI

Tue–Thu: Macro Heavyweights
🇨🇳 PBoC rate decision (hold expected)
🇬🇧 UK jobs (Tue), CPI & Core CPI (Wed)
🇦🇺 Australia employment (Thu)
🇺🇸 US Final Q3 GDP & Core PCE (Thu)
🇩🇪🇪🇺🇬🇧 PMIs across Germany, Eurozone & UK

Fri (Jan 24)
🇯🇵 BoJ rate decision + press conference
🇬🇧 UK Retail Sales
🇺🇸 US Flash PMIs

Market Focus:
US Core PCE (Thu): the Fed’s preferred inflation gauge.
This print will shape rate-cut expectations and could drive outsized moves across USD, yields, and equities.

⚠️ Expect volatility as markets recalibrate.