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 is facing a partial shutdown of the federal government. The temporary budget currently in effect, passed by Congress earlier, expires on January 30, and if lawmakers do not manage to agree on new funding, the suspension of government operations will take effect at midnight. Political disagreements over spending, particularly regarding funding for individual departments, continue to create uncertainty. Investors are closely monitoring the negotiations in Washington as a shutdown could negatively impact US economic growth and lead to increased volatility in financial markets.
Germany GDP (Q4 2025)
Today, the preliminary estimate of Germany's GDP for the fourth quarter of 2025 will be published. Analysts anticipate weak growth for the largest economy in Europe—around +0.2% q/q following flat performance in the third quarter. This figure will indicate whether Germany has managed to avoid a recession amid energy challenges and industrial downturns. On a year-over-year basis, Germany's economic growth for 2025 is projected at only fractional percentages. The results of the German GDP are likely to set the tone for the entire Eurozone: unexpectedly strong data could uplift European markets, while weak figures may heighten concerns regarding the resilience of economic recovery.
Eurozone GDP: Preliminary Data Q4 2025
Following Germany's report, aggregated GDP data for the Eurozone for the fourth quarter will be released. A slowdown in economic growth within the currency block is expected—estimated at 0.0–0.1% q/q, indicating near stagnation, after a slight increase of 0.2% in the previous quarter. Year-over-year growth of Eurozone GDP may be around 1.2% (down from 1.4% in Q3). These figures will reveal how well 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 maintaining a cautious policy, whereas stronger results might intensify discussions on the need for further measures to combat inflation.
Canada GDP for November 2025
In the afternoon, the GDP estimate for Canada for November 2025 (monthly indicator) will be released. Preliminary data indicated a minor growth of approximately +0.1% m/m, but official statistics will refine the actual dynamics. Canada's economy has shown mixed signals in the latter half of 2025, with a downturn in the second quarter followed by an uptick in the third. November figures will help assess the growth trajectory for the fourth quarter. If it turns out that economic activity slowed down or turned negative by year-end, it could impact the Bank of Canada's interest rate plans, diminishing expectations for potential 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 trends and serves as a leading signal for inflationary tendencies. In November, PPI in the US rose by 3% year-over-year, and the market anticipates similar figures for December. The increase in producer prices is expected to remain moderate, around 2.9–3.1% y/y. A slight acceleration compared to the previous month could suggest sustained inflationary pressure in the production sector, although the overall level remains significantly lower than peaks from last year. Investors and economists will factor these data into their evaluations of future actions by the Fed: a stable PPI will support the view that inflation is under control, while an unexpectedly sharp spike could intensify discussions about the risk of renewed consumer price increases.
Chicago PMI Index (January)
Closer to the evening, the January Chicago Purchasing Managers' Index (PMI) will be released. This regional leading indicator will allow for an assessment of the state of the US manufacturing sector at the start of the year. In December, business activity in the Chicago area notably rebounded—the PMI 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 in the indicator, though it is likely to remain in contraction territory (<50). Continuing recovery in the Chicago PMI may signal a gradual resurgence in industrial production following a slow autumn. However, persistent index values significantly below 50 indicate that the US manufacturing sector is still facing challenges and sustainable growth has yet to be achieved.
US Corporate Reports
In addition to macroeconomic statistics, investors will receive a wave of corporate news. Several major companies listed in the S&P 500 and Dow Jones indices will report their financial results for Q4 2025 today:
- ExxonMobil – a global leader in the oil and gas sector. ExxonMobil's results will reveal how fluctuations in oil and gas prices impacted the company's profit at the end of 2025.
- Chevron – another major US oil and gas corporation. Investors will compare the reports of Chevron and ExxonMobil to assess the state of the energy 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's holiday season.
- Colgate-Palmolive – a multinational company manufacturing consumer goods. Investors will analyze sales dynamics and profitability at Colgate-Palmolive to understand the impact of cost inflation on the consumer sector.
- Verizon Communications – one of the largest American telecommunications operators. Verizon's report will provide insights into the state of the communication market, subscriber growth, and the monetization of 5G services.
In addition to these, the quarterly reports will also be released by pharmaceutical company Regeneron Pharmaceuticals, insurance broker Aon, consumer goods manufacturer Church & Dwight, among others. The aggregate results of these reports will help gauge the financial health of various sectors of the American economy—from energy and finance to healthcare and high technology.
European and Asian Company Reports
On January 30, several corporate reports will also be released in Europe and Asia, attracting the attention of global investors. Among the most notable international companies reporting today are:
- CaixaBank (Spain) – one of Spain's largest banks. Its results for Q4 will show trends in the Eurozone banking sector, including demand for loans and asset quality amidst changing interest rates.
- Raiffeisen Bank International (Austria) – a major Austrian banking group with a presence in Eastern Europe. Investors from the CIS region traditionally monitor its performance, considering the bank's operational activities in developing European markets.
- Electrolux AB (Sweden) – a well-known home appliance manufacturer. Electrolux's report will provide insights into consumer demand in Europe and North America, as well as how the company is managing rising costs and supply chain issues.
- Sumitomo Mitsui Financial Group (Japan) – one of Japan's largest banking conglomerates. Its financial results reflect the health of the Japanese financial sector and could indirectly indicate trends in the Asian economy.
- State Bank of India (India) – the largest state bank in India. SBI's quarterly report becomes significant in the context of India’s rapid economic growth; it will demonstrate lending dynamics and asset quality in one of the key developing 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. While these issuers may be less familiar to a broad audience of investors from the CIS, their results complement the overall picture of financial health across various corporate sectors around the world.
What Investors Should Focus On
The last trading day of the week combines a number of diverse events—from political developments to macroeconomic indicators and corporate news. In these conditions, it is essential for investors to focus on the most significant factors:
- US Budget Crisis: Keep an eye on news from Washington regarding the state of budget negotiations. Any signs of progress (or lack thereof) can immediately reflect on the markets and the dollar's exchange rate.
- European GDP Statistics: Analyze the GDP data from Germany and the Eurozone. Unexpectedly strong growth will support European stocks and the euro, while weak figures will heighten recession fears in the region.
- US Inflation Indicators: Pay attention to the PPI report. Moderate inflation in producer prices will calm the markets, while a surge in the PPI could heighten volatility due to revisions in Fed rate expectations.
- Quarterly Reports from Market Leaders: By evaluating results from giants like ExxonMobil, Chevron, American Express, and others, investors will acquire benchmarks regarding earnings from various sectors. This will aid in adjusting strategies concerning the corresponding stocks and industries.
Overall, Friday, January 30 promises to be an active day on the markets. The reaction of the S&P 500, Euro Stoxx 50, Nikkei 225, and Moscow Exchange Index will depend on whether the expectations for key statistics and corporate earnings are met. Investors from the CIS countries should consider the global news backdrop when making decisions, as the international events of this day are likely to set the tone for market dynamics in the near future. As the week concludes, market participants will strive to evaluate the entire spectrum of incoming information to enter the next week with the fullest picture of the economic landscape.
