Key Economic Events and Corporate Reports on Friday, January 30, 2026: Germany and Eurozone GDP, US Producer Inflation, Shutdown Risks, and Reports from Major Public Companies
US Shutdown Threat
The United States faces the threat of a partial shutdown of the federal government. The current temporary budget, previously passed by Congress, expires on January 30, and if lawmakers fail to agree on new funding, a halt to government operations will commence at midnight. Political disagreements over expenditures, particularly regarding funding for specific departments, create uncertainty. Investors are closely monitoring negotiations in Washington, as a shutdown could negatively impact US economic growth and lead to increased volatility in financial markets.
Germany’s GDP (Q4 2025)
Today, the preliminary estimate of Germany's GDP for the fourth quarter of 2025 will be released. Analysts expect weak growth for the largest economy in Europe, around +0.2% q/q following stagnation in the third quarter. This will indicate whether Germany has managed to avoid recession amid energy challenges and industrial decline. Year-on-year, Germany's economic growth for 2025 is estimated at only a fraction of a percent. The results of the German GDP will set the tone for the entire Eurozone: unexpectedly strong data may uplift European markets, while weak figures could heighten concerns regarding the resilience of the economic recovery.
Eurozone GDP: Preliminary Data Q4 2025
Following Germany's report, aggregated GDP data for the Eurozone will be released for the fourth quarter. Economic growth in the currency bloc is expected to slow to around 0.0–0.1% q/q, nearing stagnation, after a slight uptick of 0.2% in the previous quarter. Year-on-year growth for the Eurozone GDP may be approximately 1.2% (down from 1.4% in the third quarter). These figures will show how the region's economy is coping with rising interest rates and external risks. For the European Central Bank, weak statistics will serve as an additional argument for a restrained policy, while stronger data might intensify discussions on the need for further measures to combat inflation.
Canada’s GDP for November 2025
In the afternoon, the GDP estimate for Canada for November 2025 (monthly indicator) will be published. Preliminary data indicated modest growth of around +0.1% m/m, but official statistics will clarify the actual dynamics. Canada's economy has shown mixed signals in the second half of 2025: following a downturn in the second quarter, it rebounded in the third. November’s figures will help assess the growth trajectory for the fourth quarter. If year-end activity shows a slowdown or contraction, it may influence the Bank of Canada's interest rate plans, dampening expectations of potential policy tightening.
US Producer Price Index (PPI) for December
The US Department of Labor will release the Producer Price Index (PPI) for December. This indicator reflects wholesale price dynamics and serves as a leading signal of inflation trends. In November, the PPI for the US rose by 3% year-on-year, and the market anticipates a similar figure for December. Price growth is expected to remain moderate, around 2.9–3.1% y/y. A slight acceleration compared to the previous month could indicate persistent inflationary pressure in the manufacturing segment, although the overall level remains significantly below last year's peaks. Investors and economists will consider this data when evaluating the Federal Reserve's next steps: stable PPI will support the view that inflation is under control, while an unexpectedly high spike could intensify discussions regarding the risk of renewed increases in consumer prices.
Chicago PMI Business Activity Index (January)
Later in the evening, the Chicago Purchasing Managers' Index (PMI) for January will be released. This regional leading indicator will allow for an assessment of the manufacturing sector's condition in the US at the start of the year. In December, business activity in the Chicago area significantly rebounded – the index rose to around 43–44 points after plunging to 36.3 in November (values below 50 indicate contraction). The consensus forecast for January suggests a further slight improvement, although it is likely to remain in contraction territory (<50). Continued recovery in the Chicago PMI could signal a gradual revival in industrial production following a weak autumn. However, sustained index values significantly below 50 indicate that the US manufacturing sector is still facing challenges, and sustainable growth has yet to be achieved.
American Companies’ Reports
In addition to macroeconomic statistics, investors will receive a slew of corporate news. Today, several major companies within the S&P 500 and Dow Jones indices will present their financial results for the fourth quarter of 2025:
- ExxonMobil – one of the world's leaders in the oil and gas sector. ExxonMobil’s results will reveal how fluctuations in oil and gas prices at the end of 2025 affected the company’s profits.
- Chevron – another major US oil and gas corporation. Investors will compare Chevron’s and ExxonMobil's reports to assess the state of the energy resource sector and the outlook for dividend payments amid stable oil prices.
- American Express – a leading financial company in the payment systems sector. Its quarterly report will serve as an indicator of consumer spending and demand for credit services in the US during the fourth quarter holiday season.
- Colgate-Palmolive – a multinational company manufacturing everyday consumer goods. Investors will analyze Colgate-Palmolive’s sales dynamics and profitability to understand how cost inflation impacts the consumer sector.
- Verizon Communications – one of the largest American telecommunications operators. Verizon’s report will provide insights into the state of the telecommunications market, subscriber base growth, and the monetization of 5G services.
Additionally, quarterly reports will be published today by pharmaceutical company Regeneron Pharmaceuticals, insurance broker Aon, consumer goods manufacturer Church & Dwight, and other enterprises. The combined results of these reports will help assess the financial health of various sectors within the American economy, from energy and finance to healthcare and high technology.
Reports from European and Asian Companies
In Europe and Asia, January 30 will also see the release of several corporate reports, drawing the attention of global investors. Among the most notable international companies reporting today are:
- CaixaBank (Spain) – one of the largest banks in Spain. Its fourth-quarter results will illustrate trends in the Eurozone banking sector, including demand for loans and asset quality in light of changing interest rates.
- Raiffeisen Bank International (Austria) – a major Austrian banking holding with a presence in Eastern Europe. Investors from the CIS region traditionally monitor its performance, considering the bank's operational activities in emerging European markets.
- Electrolux AB (Sweden) – a renowned household appliance manufacturer. Electrolux’s report will provide insights into consumer demand in Europe and North America, as well as how the company is coping with rising costs and supply chain issues.
- Sumitomo Mitsui Financial Group (Japan) – one of the largest banking conglomerates in Japan. Its financial results reflect the state of the Japanese financial sector and may indirectly indicate trends in the Asian economy.
- State Bank of India (India) – the largest state-owned bank in India. SBI's quarterly report is of interest in the context of India's rapidly growing economy; it will demonstrate lending dynamics and asset quality in one of the key emerging markets.
Reports from several Scandinavian companies (such as the industrial group SKF and packaging manufacturer Billerud in Sweden) and other Asian firms (including high-tech companies from Japan) will also be published. Although these issuers may be less known to a broad audience of investors from the CIS, their results complement the overall picture of the financial health of the corporate sector across various regions of the world.
Key Focus Areas for Investors
The last trading day of the week combines several diverse events – from politics to macroeconomics and corporate news. In this context, it is essential for investors to focus on the most significant factors:
- Budget Crisis in the US: Monitor news from Washington regarding budget negotiations. Any signs of progress (or lack thereof) can have immediate effects on the markets and the value of the dollar.
- Europe GDP Statistics: Analyze Germany and Eurozone GDP data. Unexpectedly strong growth will support European stocks and the euro, while weak indicators will heighten recession concerns in the region.
- US Inflation Indicators: Pay attention to the PPI report. Moderate inflation in producer prices will calm the markets, while a spike in PPI could heighten volatility due to revised expectations for Federal Reserve rates.
- Quarterly Reports from Market Leaders: By evaluating the results of giants such as ExxonMobil, Chevron, American Express, and others, investors will gain benchmarks for earnings across different sectors. This will assist in adjusting strategies concerning specific stocks and sectors.
Overall, Friday, January 30, promises to be active on the stock exchanges. The reaction of the S&P 500, Euro Stoxx 50, Nikkei 225, and Moscow Exchange Index will depend on whether expectations around key statistics and corporate earnings are met. Investors from CIS countries should consider the global news background when making decisions, as international events on this day could set the tone for market dynamics in the near term. As the week concludes, market participants will aim to assess the entirety of the incoming information to enter the following week with the most comprehensive picture of the economic situation.
