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Next Week's Macro Outlook: Trump Returns to Davos, Bank of Japan Interest Rate Decision Approaching

Next Week's Macro Outlook: Trump Returns to Davos, Bank of Japan Interest Rate Decision Approaching

BlockBeatsBlockBeats2026/01/18 03:27
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BlockBeats News, January 18, next week Trump will lead a record-sized U.S. delegation to return to the Davos Forum and deliver a speech on "How We Can Cooperate in an Increasingly Competitive World." Whether topics such as tariff policies, military intervention in Venezuela, and the threat to acquire Greenland will be discussed is a major focus. The U.S. Supreme Court will also hear the case of Federal Reserve Governor Cook, whom Trump is attempting to replace. The legality of Trump’s tariffs may also be decided next week. An overview of upcoming macro events and data releases is as follows:


Monday: Trump leads the delegation to attend the Davos World Economic Forum Annual Meeting; China’s full-year 2025 GDP growth rate, fourth quarter annualized GDP, and total annual GDP will be released


Tuesday: European Central Bank President Lagarde and BlackRock CEO Fink will attend a panel discussion at the World Economic Forum


Wednesday: Trump will deliver a speech at the World Economic Forum Annual Meeting on "How Can We Cooperate in an Increasingly Competitive World?"


Thursday: The European Central Bank will release the minutes of its December monetary policy meeting; U.S. initial jobless claims for the week ending January 17; U.S. November core PCE price index, personal spending monthly rate; U.S. third quarter real GDP, final annualized core PCE price index, final real personal consumption expenditure quarterly rate; Japan December core CPI annual rate; Bank of Japan interest rate decision and economic outlook report for January 23, and Governor Ueda will hold a monetary policy press conference


Friday: U.S. January final University of Michigan Consumer Sentiment Index, U.S. January final one-year inflation expectations

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