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This Week in Macro: PMI, Inflation and U.S. Jobs in Focus

A complete overview of the key global economic events for the week ahead, with all release times converted to Eastern Time (ET) and adjusted by trading day.

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Olivia Carter Olivia Carter
weekly economic calendar
Photo: finmire.com

This week brings a dense flow of macroeconomic data across Asia, Europe and North America, capped by the U.S. labour market report. Below is a structured calendar of key global events, with all release times converted to U.S. Eastern Time (-5UTC).

Monday, January 5

  • Turkey — Consumer Inflation CPI (Dec) — 2:00 AM
  • United States — ISM Manufacturing PMI (Dec) — 10:00 AM
  • Australia — Services & Composite PMI (Dec) — 5:00 PM

Tuesday, January 6

  • France — High-level meeting of the “coalition of the willing”
  • India — Services & Composite PMI (Dec) — 12:00 AM
  • Germany — Services & Composite PMI (Dec) — 3:55 AM
  • Eurozone — Services & Composite PMI (Dec) — 4:00 AM
  • United Kingdom — Services & Composite PMI (Dec) — 4:30 AM
  • Brazil — Services & Composite PMI (Dec) — 8:00 AM
  • Germany — Consumer Inflation CPI (Dec) — 8:00 AM
  • Canada — Services & Composite PMI (Dec) — 9:30 AM
  • United States — S&P Services & Composite PMI (Dec) — 9:45 AM
  • United States — API Weekly Crude Oil Inventories — 4:30 PM
  • Japan — Services & Composite PMI (Dec) — 7:30 PM

Wednesday, January 7

  • Kazakhstan — No trading (Christmas holiday)
  • Russia — Moscow Exchange closed; SPB Exchange open
  • Eurozone — Consumer Inflation CPI (Dec) — 5:00 AM
  • United States — ADP Employment Change (Dec) — 8:15 AM
  • United States — Factory Orders (Oct) — 10:00 AM
  • United States — JOLTS Job Openings (Nov) — 10:00 AM
  • United States — ISM Services PMI (Dec) — 10:00 AM
  • United States — EIA Crude Oil Inventories — 10:30 AM

Thursday, January 8

  • Germany — Factory Orders (Nov) — 2:00 AM
  • Eurozone — Producer Price Index PPI (Nov) — 5:00 AM
  • Eurozone — Consumer Confidence (Dec) — 5:00 AM
  • Eurozone — Consumer Inflation Expectations (Dec) — 5:00 AM
  • United States — Initial Jobless Claims — 8:30 AM
  • United States — Trade Balance (Oct) — 8:30 AM
  • United States — EIA Natural Gas Inventories — 10:30 AM
  • United States — NY Fed 1-Year Inflation Expectations (Dec) — 11:00 AM
  • China — Consumer Inflation CPI (Dec) — 8:30 PM

Friday, January 9

  • Germany — Industrial Production (Nov) — 2:00 AM
  • Brazil — Consumer Inflation CPI (Dec) — 7:00 AM
  • United States — Nonfarm Payrolls (Dec) — 8:30 AM
  • United States — Unemployment Rate (Dec) — 8:30 AM
  • United States — Housing Starts (Oct) — 8:30 AM
  • United States — Preliminary Consumer Inflation Expectations (Jan) — 10:00 AM
  • United States — Michigan Consumer Sentiment (Preliminary, Jan) — 10:00 AM
  • United States — Baker Hughes Rig Count — 1:00 PM

Investors will be closely watching U.S. labour data and inflation signals across major economies, as markets continue to recalibrate expectations for monetary policy in the first quarter.

Macro Calendar
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