What is going to stir the markets this week

The week is starting with lack of significant events, but the rest of it offers  quite interesting data releases.

On Tuesday, January 17th, is starting the World Economic Forum in Davos, which will continue until the end of the week. Also same day are due Retail Price Index, Producer Price Index and Consumer Price Index within UK. 

The German Centre for European Economic Research (ZEW) will publish its index of investor confidence.

On Wednesday, January 18th, we can expect the final data on inflation in Germany along with the EU zone as well.

British authorities will publish data on unemployment and wage growth.

USA will release data on consumer price changes and the report on the industrial production.

Thursday, January 19th, will bring data on Producer and Import Prices Prices in Switzerland.

With great significance is the meeting of ECB and the press conference if the President Mario Draghi.  

ECB is going to take decision on interest and deposit rates.

USA will serve the regular weekly data on continuing jobless claims, initial jobless claims and building permits change.

Also the US Energy Information Administration will publish its regular weekly report on oil reserves.

On Friday, January 20, we may expect data on the growth of Chinese economy for the last quarter, UK’s  report on retail sales and Canadian inflation data.