Key Economic Events and Corporate Reports for Thursday, January 15, 2026: UK and Germany GDP, ECB Bulletin, US Data, and Reports from Major Public Companies. An Analytical Review for Investors.
On Thursday, January 15, 2026, global markets remain in the spotlight for investors, with a series of important economic publications and corporate reports expected. According to Reuters, major stock indices have reached record highs as market participants have overlooked geopolitical risks and volatility in precious metal markets. However, data such as the US Producer Price Index (PPI) could adjust expectations regarding the dynamics of the Federal Reserve's interest rates. Below is an overview of the key events and reports for January 15, 2026.
Macroeconomic Calendar (MSK):
- 10:00 – UK: 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 – US: Initial Jobless Claims.
- 16:30 – US: Empire State Manufacturing Index (January).
- 16:30 – US: Philadelphia Fed Manufacturing Index (January).
- 18:30 – US: Weekly Natural Gas Storage (EIA).
UK: GDP (November)
At 10:00 MSK, the Office for National Statistics (ONS) will release preliminary data on GDP growth for November 2025. This figure will provide insights into whether the economic slowdown continues after weak autumn indicators. Investors will compare these figures with economists' forecasts: a lower-than-expected GDP growth could heighten concerns of stagnation in the UK economy and weaken the pound, while a better-than-expected growth would bolster optimism.
Eurozone: ECB Bulletin, Industry, and Trade
At 12:00 MSK, the European Central Bank will publish the February "Economic Bulletin" (Issue 8, 2026), which will include new macroeconomic forecasts and inflation assessments for the Eurozone. Concurrently, Eurostat will announce data on industrial production and trade balance for November 2025. Acceleration in production growth and a trade surplus would indicate recovery in demand within the EU economy, while an unexpected decline would point to ongoing weakness. All these figures are crucial for understanding the economic landscape of the largest part of Europe heading into winter.
Germany: GDP for 2025
At 12:00 MSK, the Federal Statistical Office (Destatis) will hold a press conference to publish the preliminary annual GDP figure for Germany for 2025. This is a crucial indicator for the largest economy in Europe. If the actual growth falls short of expectations, it may increase pressure on the euro and heighten investor caution. Conversely, stronger-than-expected results would boost the euro and enhance risk appetite in the region.
US: 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 figure will suggest a "healthy" labor market, while a sharp increase may indicate a potential deterioration in the situation. Also at 16:30, regional manufacturing indices from Empire State (New York) and Philadelphia Fed will be released, providing insights into industrial growth rates: a figure above 50 points indicates expansion, while below 50 points indicates contraction. The dynamics of these data will reveal 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 storage. The level of inventories influences energy prices: declining inventories typically push gas prices higher, while rising inventories lower fuel costs. Investors are closely monitoring this data to assess its impact on the energy sector and overall inflation levels.
Corporate Reports: Before Market Open (BMO)
- Amphenol (APH): Manufacturer of electronic connectors for aviation and automotive industries. Investors will assess revenue growth fueled by demand in these sectors. A key concern remains operational margins, as rising costs could suppress profits.
- GE Vernova (GEV): Energy division of General Electric. The report will reflect demand for turbines and equipment for both traditional and "green" energy. An increase in orders for industrial equipment would signal a revival in infrastructure investments.
- BlackRock (BLK): The world's largest asset management firm. Investors are interested in net inflows into funds: inflows into equities indicate risky optimism, while inflows into bonds signal caution. Changes in assets under management will provide insights into market sentiment.
- Goldman Sachs (GS): An investment bank from the "big four" in the US. The focus will be on fee income from transactions and investment banking. Additionally, the dynamics of net interest income amidst high rates will be crucial, as its growth could significantly enhance bank profits.
- Morgan Stanley (MS): A major investment bank. Investors will analyze the results of brokerage and trading operations: market volatility toward the end of the year may have brought additional earnings to the bank. Rising interest rates will also influence net interest income. Predictions regarding credit activity and the IPO market are important for sector assessment.
- Taiwan Semiconductor (TSM): A leading global chip manufacturer. TSMC’s report will reflect semiconductor demand: growth in orders for chips for smartphones and data centers will indicate resilience in the technology sector, while weak results will signal cooling demand.
Corporate Reports: After Market Close (AMC)
In the evening of January 15, no significant corporate reports are expected. Most major companies have already released their results or postponed announcements to the following days. Therefore, after the close of major trading sessions, global markets will primarily react to macroeconomic news rather than new corporate information.
Global Indices: S&P 500, Euro Stoxx 50, Nikkei 225, MOEX
S&P 500 (US): The market continues to reach historical highs. On January 15, investor focus will be on inflation (PPI) data and consumer sales. Moderate PPI figures and strong bank reports will support a bullish outlook, while unexpectedly high inflation may trigger a sell-off amid concerns over tighter Fed policy.
Euro Stoxx 50 (Europe): Major European companies lack individual drivers for this day, thus the index will react to global trends. Signals will come from the US and China. Strengthened Chinese exports and increased demand in the US could support the EU's industrial sector, while negative statistics would dampen risk appetite.
Nikkei 225 (Japan): No reports from key companies are anticipated on January 15 in Tokyo, meaning the market is looking to global trends. The yen's exchange rate continues to influence exporters: its depreciation supports manufacturer profits, while appreciation constrains stock growth. News from the US and Asia will shape Japanese investor sentiment.
MOEX (Russia): On the Moscow Exchange, prices for energy resources and the ruble exchange rate dominate on January 15. With no major corporate report releases, strong macro signals from the US and China (supporting risk) will stimulate ruble-denominated 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 check on the "health" of the market. Special attention should be paid to the dynamics of inflation and trade: a weak PPI and positive corporate reports will support optimism, while contrary signals will force a reevaluation of risks ahead of upcoming decisions from the Fed and ECB.
