Key Economic Events and Corporate Reports for Thursday, January 15, 2026: UK and German GDP, ECB Bulletin, US Data, and Reports from Major Public Companies Worldwide. An Analytical Review for Investors.
On Thursday, January 15, 2026, global markets remain in the spotlight for investors: a series of significant economic publications and corporate reports are anticipated. According to Reuters, major stock indices have reached record highs as market participants have ignored geopolitical risks and volatility in precious metals markets. However, data like the Producer Price Index (PPI) in the US could adjust expectations regarding the Federal Reserve's rate dynamics. Below is an overview of key events and reports for January 15, 2026.
Macroeconomic Calendar (MSK):
- 10:00 – United Kingdom: GDP (November 2025).
- 12:00 – Eurozone: ECB Economic Bulletin.
- 12:00 – Germany: GDP for 2025 (press conference).
- 13:00 – Eurozone: Industrial Production (November 2025).
- 13:00 – Eurozone: Trade Balance (November 2025).
- 16:30 – United States: Initial Jobless Claims.
- 16:30 – United States: Empire Manufacturing Index (January).
- 16:30 – United States: Philadelphia Fed Business Outlook Survey (January).
- 18:30 – United States: Weekly Natural Gas Storage (EIA).
United Kingdom: GDP (November)
At 10:00 MSK, the Office for National Statistics (ONS) in the UK will publish preliminary GDP growth figures for November 2025. This indicator will provide insight into whether the economic slowdown persists following weak autumn results. Investors will compare the figures with economists' forecasts: a lower-than-expected GDP growth may heighten concerns about stagnation in the UK economy and weaken the pound, while outperforming forecasts could bolster optimism.
Eurozone: ECB Bulletin, Industry and Trade
At 12:00 MSK, the European Central Bank (ECB) will release its February Economic Bulletin (Issue 8, 2026), including new macroeconomic forecasts and inflation assessments for the Eurozone. Coinciding with this, Eurostat will announce data on industrial production and trade balance for November 2025. An acceleration in production growth and a trade surplus would indicate a revival in demand within the EU economy, while an unexpected decline would signal ongoing weakness. All these figures are crucial for understanding the economic climate in the largest part of Europe before the winter season.
Germany: GDP for 2025
At 12:00 MSK, Germany's Federal Statistical Office (Destatis) will hold a press conference to announce the preliminary annual GDP figures for 2025. This figure is critical for the largest economy in Europe. If the actual growth falls short of expectations, it may increase pressure on the euro and heighten caution among investors. Conversely, a stronger-than-anticipated result would bolster the euro and enhance risk appetite in the region.
United States: Unemployment and Empire/Philadelphia Indices
At 16:30 MSK, the US Department of Labor will publish its weekly report on initial jobless claims. A low value for this indicator signifies a "healthy" labor market, whereas a sharp increase suggests a possible deterioration in conditions. Also, at 16:30, the regional Empire State Manufacturing Index (New York State) and the Philadelphia Fed's index will be released. These indices reflect industrial growth rates: a reading above 50 indicates expansion, while below 50 indicates contraction. The trends in these data will provide insights into business sentiment at the start of the year.
At 18:30 MSK, the US Energy Information Administration (EIA) will release its report on weekly natural gas storage. The level of storage impacts energy prices: a decrease in inventories typically raises gas prices, while an increase lowers fuel costs. Investors are closely monitoring this data to assess its influence on the energy sector and the overall inflation level.
Corporate Reporting: Before Market Open (BMO)
- Amphenol (APH): Manufacturer of electronic connectors for aviation and automotive industries. Investors will assess revenue growth driven by demand in these sectors. Key concerns remain about operational margins, as rising costs may hinder profitability.
- GE Vernova (GEV): Energy division of General Electric. The report will reveal the demand for turbines and equipment in both traditional and "green" energy sectors. An increase in orders for industrial machinery would indicate a revival in infrastructure investments.
- BlackRock (BLK): The world's largest asset manager. Investors are interested in net inflows into funds: inflows into equities indicate risk optimism, while inflows into bonds suggest caution. Changes in assets under management will signal market sentiments.
- Goldman Sachs (GS): Investment bank from the "big four" in the US. The primary focus is on commission income from transactions and investment banking. Additionally, the dynamics of net interest income amid high rates are also crucial, as any increase could significantly boost the bank's profits.
- Morgan Stanley (MS): A major investment bank. Investors will analyze the results of brokerage and trading businesses: market volatility at the end of the year may have brought additional income to the bank. The rise in rates also impacted net interest income. Projections regarding credit activity and the IPO market are important for the sector's assessment.
- Taiwan Semiconductor (TSM): Leading global chip manufacturer. TSMC's report reflects demand for semiconductors: an increase in orders for chips for smartphones and data centers will indicate resilience in the technology sector, while weak results may signal cooling demand.
Corporate Reporting: After Market Close (AMC)
In the evening of January 15, no significant corporate reports are expected. Most major companies have already released their results or postponed publications to the following days. Therefore, after the close of major trading sessions, global markets will primarily react to macroeconomic news rather than new corporate information.
Global Indices: S&P 500, Euro Stoxx 50, Nikkei 225, MOEX
S&P 500 (US): The market continues to set historical records. As of January 15, investor attention is focused on inflation data (PPI) and consumer sales. Moderate PPI figures and strong banking reports will support a bullish sentiment, while unexpectedly high inflation could trigger a sell-off due to concerns over tightening by the Fed.
Euro Stoxx 50 (Europe): For leading European companies, there are no specific drivers for the day, so the index is reacting to the global backdrop. Signals will come from the US and China. Strengthening China's exports and rising demand in the US may support the EU's industrial sector, while negative statistics could weaken risk appetite.
Nikkei 225 (Japan): On January 15, no reports from key companies are anticipated in Tokyo, so the market is looking to global trends. The yen's value continues to affect exporters: a weaker yen supports the profits of manufacturers, while a stronger yen restrains stock growth. News from the US and Asia will determine the mood of Japanese investors.
MOEX (Russia): On the Moscow Exchange, energy prices and the ruble's exchange rate are dominant on January 15. There are no reports from the largest companies, so strong macro signals from the US and China (supporting risk) will stimulate ruble assets, while negative signals will limit market growth.
In conclusion: the combination of macro data and corporate reports on January 15 will serve as a check on the "well-being" of the market. Special attention should be paid to inflation and trade dynamics: a weak PPI alongside positive corporate reports will support optimism, while the opposite signals will require a reassessment of risks ahead of the upcoming decisions from the Fed and ECB.
