Week Ahead - Jan 26th

The closing week of January stands as a significant turning point for the global economy, marked by key earnings announcements, pivotal monetary policy decisions, and critical data releases from major global players. The Federal Reserve is set to make its initial policy declaration for the year, amidst a backdrop of increasingly divergent opinions among FOMC members regarding the appropriate interest rate trajectory. Concurrently, earnings reports from giants such as Apple, Meta, and Microsoft are anticipated to offer new insights into artificial intelligence demand and datacenter investments. Additionally, leading companies across sectors like software, finance, healthcare, manufacturing, and energy will be conducting calls. In the United States, durable goods orders and the Producer Price Index (PPI) will be the main data highlights. The Eurozone and Canada are slated to release their Gross Domestic Product (GDP) figures. Inflation rate announcements are expected from Germany, Spain, and Australia, while China will present its first set of data for the year through its official Purchasing Managers' Indexes (PMIs). Rate decisions are on the agenda for Canada, Brazil, and Sweden, with the Bank of Japan also releasing its meeting minutes.