Market Analysis

Economic Diary:
Week Commencing 26/01/26


Monday 26 January

Indicator Previous Expected Actual
IFO Business Climate Expectations IFO Business Climate Expectations Chart 89.7 90.3 89.5
Durable Goods   -2.2% 3.2% 5.3%

Tuesday 27 January

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 90 90 90
Consumer Confidence Consumer Confidence Chart 89.1 90.9 84.5

Wednesday 28 January

Indicator Previous Expected Actual
CPI Year on Year CPI Year on Year Chart 3.2% 3.6% 3.6%
CPI Quarter on Quarter CPI Quarter on Quarter Chart 1.3% 0.6% 0.6%
GFK Consumer Confidence GFK Consumer Confidence Chart -26.9 -26.0 -24.1
ZEW Investor Sentiment   6.2 -4.7
Consumer Confidence   96.6 97.0 96.8
BoC Rate Decision   2.25% 2.25%
EIA Weekly Crude Oil Stocks   3.602Mln 1.848Mln -2.295Mln
FOMC Rate Decision   3.625% 3.625% 3.500 - 3.750%

Thursday 29 January

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 37.2 37.9
Industrial Sentiment Industrial Sentiment Chart -9.0 -8.1 -6.8
Services Sentiment Services Sentiment Chart 5.6 6.0 7.2
Business Climate Business Climate Chart -0.56 -0.41
Economic Sentiment Economic Sentiment Chart 96.7 97.0 99.4
Consumer Confidence Consumer Confidence Chart -12.4 -12.4 -12.4
Trade Balance Trade Balance Chart -29.4Bln US -40.5Bln US -56.8Bln US
Trade Balance Trade Balance Chart -0.58Bln CA
Factory Orders Factory Orders Chart -1.3% 1.6% 2.7%
Unemployment Rate Unemployment Rate Chart 2.6% 2.6% 2.6%
Retail Sales Year on Year Retail Sales Year on Year Chart 1.0% 0.7% -0.9%
Industrial Production Prelim   -2.7% -0.4% -0.1%

Friday 30 January

Indicator Previous Expected Actual
PPI Quarter on Quarter PPI Quarter on Quarter Chart 1.0% 0.8%
PPI Year on Year PPI Year on Year Chart 3.5% 3.5%
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.5% 0.2% 0.2%
PPI Month on Month PPI Month on Month Chart 1.1% 0.2%
Unemployment Change (sa) Unemployment Change (sa) Chart 3k 4k 0k
Unemployment Rate (sa) Unemployment Rate (sa) Chart 6.3% 6.3% 6.3%
GDP Prelim Quarter on Quarter   0.1% 0.2% 0.3%
GDP Prelim Year on Year GDP Prelim Year on Year Chart 0.6% 0.5% 0.8%
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart 0.3% 0.3% 0.6%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart 0.0% 0.2% 0.3%
Money Supply M4   0.8% 0.3%
Unemployment Rate Unemployment Rate Chart 6.3% 6.3% 6.2%
Unemployment Rate   5.7% 5.8% 5.6%
PPI Month on Month PPI Month on Month Chart 1.0% -0.7%
PPI Year on Year PPI Year on Year Chart -0.2% -1.4%
CPI Final Month on Month   0.0% 0.0% 0.1%
GDP Month on Month GDP Month on Month Chart -0.3% 0.1% 0.0%
PPI Core Year on Year PPI Core Year on Year Chart 3.0% 2.7% 3.0%
PPI excl Food and Energy MM PPI excl Food and Energy MM Chart 0.0% 0.2% 0.7%
PPI Final Demand Month on Month PPI Final Demand Month on Month Chart 0.2% 0.2% 0.5%

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