Next Week Outlook: Trump to Return to Davos, Bank of Japan Interest Rate Decision Looms
BlockBeats News, January 18th, next week Trump will lead a record-large U.S. delegation back to the Davos Forum and speak on "How We Can Cooperate in an Increasingly Competitive World." Whether the tariff policy, military intervention in Venezuela, and the threat to acquire Greenland will be discussed remains a major focus. The U.S. Supreme Court will also hear the case of Federal Reserve Board member Powell, whom Trump is trying to replace. The legality of Trump's tariffs may also face a ruling next week. The upcoming macro events and data release are as follows:
Monday:
Trump leads delegation to attend World Economic Forum Annual Meeting in Davos;
China releases full-year GDP growth for 2025, fourth-quarter GDP growth rate, and total GDP for the year;
Wednesday:
ECB President Lagarde and BlackRock CEO Fink participate in a panel discussion at the World Economic Forum;
Trump speaks on "How We Can Cooperate in an Increasingly Competitive World" at the World Economic Forum Annual Meeting;
Thursday:
ECB publishes minutes of the December monetary policy meeting;
U.S. initial jobless claims up to January 17th;
U.S. November core PCE price index, personal spending rate;
U.S. Q3 real GDP, final annualized rate of core PCE price index, final rate of real personal consumption expenditure;
Friday:
Japan December core CPI annual rate;
Japanese central bank interest rate decision and economic outlook report up to January 23rd, with Governor Kuroda holding a monetary policy press conference;
U.S. final value of the University of Michigan Consumer Confidence Index for January, final value of the one-year inflation rate expectation for January in the U.S.
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