Key Economic Events and Corporate Reports for Thursday, January 15, 2026: GDP of the UK and Germany, ECB Bulletin, US Data, and Reports from Major Public Companies Worldwide. An Analytical Review for Investors.
On Thursday, January 15, 2026, global markets remain a focal point for investors as a series of important economic publications and corporate reports are expected. According to Reuters, major stock indices have reached record highs as market participants overlook geopolitical risks and volatility in precious metal markets. However, data such as the US Producer Price Index (PPI) 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 State Manufacturing Index (January).
- 16:30 – United States: Philadelphia Fed Manufacturing Index (January).
- 18:30 – United States: Weekly Natural Gas Inventory (EIA).
United Kingdom: GDP (November)
At 10:00 MSK, the UK Office for National Statistics (ONS) will release preliminary GDP growth figures for November 2025. This indicator will provide insights into whether the economic slowdown persists following weak autumn performance. Investors will compare the figures against economists' forecasts: lower-than-expected GDP growth could heighten concerns about stagnation within the British economy and weaken the pound, while growth exceeding forecasts may boost optimism.
Eurozone: ECB Bulletin, Industry, and Trade
At 12:00 MSK, the European Central Bank will publish its February "Economic Bulletin" (Issue 8, 2026), which includes new macro forecasts and inflation assessments for the Eurozone. Simultaneously, Eurostat will announce data on industrial production and the trade balance for November 2025. Accelerated production growth and a trade surplus would indicate a revival in demand within the EU economy, while an unexpected decline would signal continued weakness. All these figures are crucial for understanding the economic climate of Europe's largest region ahead of the winter period.
Germany: 2025 GDP
At 12:00 MSK, Germany's Federal Statistical Office (Destatis) will hold a press conference announcing the preliminary value of the annual GDP for 2025. This is the final indicator for Europe's largest economy. If actual growth falls short of expectations, it could intensify pressure on the euro and increase investor caution. A stronger-than-anticipated result would boost the euro and enhance risk appetite across the region.
United States: Unemployment and Empire/Philadelphia Indices
At 16:30 MSK, the US Department of Labor will release its weekly report on initial jobless claims. A low number for this indicator would suggest a "healthy" labor market, while a sharp rise would indicate potential deterioration. Also at 16:30, regional business activity indices from Empire (New York State) and Philadelphia Fed will be published. The values of these indices reflect the pace of industrial growth: a reading above 50 points indicates expansion, while below 50 denotes contraction. The dynamics of this data will provide insights into business sentiment at the start of the year.
At 18:30 MSK, the US Energy Information Administration (EIA) will publish its report on weekly natural gas inventories. Inventory levels influence energy prices: a decrease usually pushes gas prices higher, while an increase leads to lower fuel costs. Investors closely monitor this statistic to gauge its impact on the energy sector and the overall inflation rate.
Corporate Reporting: Before Market Open (BMO)
- Amphenol (APH): A manufacturer of electronic connectors for aviation and automotive industries. Investors will assess revenue growth driven by demand in these sectors. A key concern remains operating margins, as rising costs may constrain profits.
- GE Vernova (GEV): The energy division of General Electric. The report will reveal the state of demand for turbines and equipment in both traditional and green energy markets. An increase in industrial equipment orders would indicate a revival in infrastructure investments.
- BlackRock (BLK): The largest asset manager globally. Investors will be interested in net inflows into funds: inflows into equities suggest risky optimism, while bond inflows indicate caution. Changes in assets under management will signal market sentiment.
- Goldman Sachs (GS): An investment bank from the "big four" in the US. The primary focus will be on commission income from trading and investment banking. Additionally, the trend in net interest income amidst high rates is crucial, as its increase could significantly boost bank profits.
- Morgan Stanley (MS): A prominent investment bank. Investors will analyze results from brokerage and trading businesses: end-of-year market volatility could have yielded extra revenues for the bank. Rising rates have also affected net interest income. Projections for lending activity and the IPO market are important for assessing the sector.
- Taiwan Semiconductor (TSM): The leading global chip manufacturer. The TSMC report reflects demand for semiconductors: a rise in orders for chips for smartphones and data centers would indicate resilience in the tech sector, while weak results suggest a cooling demand.
Corporate Reporting: After Market Close (AMC)
On 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 primary trading sessions, global markets will respond mainly to macroeconomic news rather than new corporate information.
Global Indices: S&P 500, Euro Stoxx 50, Nikkei 225, MOEX
S&P 500 (USA): The market continues to set historical highs. On January 15, investors' primary focus is on inflation data (PPI) and consumer sales. Moderate PPI readings coupled with strong banking reports will support bullish sentiment, while unexpectedly high inflation could trigger a sell-off due to fears of the Fed tightening policy.
Euro Stoxx 50 (Europe): Leading European companies lack specific drivers on this day, so the index reacts to the global backdrop. Signals will come from the US and China. Strengthened Chinese exports and rising US demand could support the EU's industrial sector, while negative statistics will weaken risk appetite.
Nikkei 225 (Japan): No major company reports are expected in Tokyo on January 15, so the market will follow global trends. The yen's exchange rate continues to impact exporters: a weaker yen supports manufacturers' profits, while a stronger yen hampers stock growth. News from the US and Asia will shape Japanese investors' sentiments.
MOEX (Russia): On January 15, the Moscow Exchange is influenced by energy prices and the ruble's exchange rate. There are no reporting publications from major companies, so strong macro signals from the US and China (supportive of risk) will encourage 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 test for the market's "well-being." Special attention should be paid to the dynamics of inflation and trade: weak PPI and positive corporate reports will promote optimism, while contrary signals will force a reassessment of risks ahead of the upcoming decisions from the Fed and the ECB.
