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 Worldwide. An Analytical Overview for Investors.
On Thursday, January 15, 2026, global markets remain under the scrutiny of investors as a series of important economic publications and corporate reports are anticipated. According to Reuters, the largest stock indices have reached record highs as market participants have overlooked geopolitical risks and volatility in precious metal markets. However, data such as the Producer Price Index (PPI) in the US may adjust expectations regarding the dynamics of the Federal Reserve’s interest rates. 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 – USA: Initial Jobless Claims.
- 16:30 – USA: Empire State Manufacturing Index (January).
- 16:30 – USA: Philadelphia Fed Manufacturing Index (January).
- 18:30 – USA: Weekly Natural Gas Inventories (EIA).
United Kingdom: GDP (November)
At 10:00 MSK, the Office for National Statistics (ONS) in the UK will release preliminary GDP growth data for November 2025. This figure will provide insights into whether the economic slowdown persists following disappointing autumn results. Investors will compare the numbers to economists' forecasts; a lower-than-expected GDP growth could heighten concerns about stagnation in the UK economy and weaken the pound, while a figure exceeding predictions could bolster 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 assessments of inflation for the Eurozone. Concurrently, Eurostat will announce data on industrial production and trade balance for November 2025. An acceleration in production growth and a trade surplus would indicate a rebound in demand within the EU economy, while an unexpected decline would suggest ongoing weakness. All of this data is crucial to understanding the condition of the largest part of Europe heading into the winter season.
Germany: GDP for 2025
At 12:00 MSK, the Federal Statistical Office (Destatis) will hold a press conference to release the preliminary annual GDP figure for Germany for 2025. This is a crucial indicator for the largest economy in Europe. Should actual growth be weaker than anticipated, this could increase pressure on the euro and heighten investor caution. Conversely, a stronger-than-expected result would push the euro upward and strengthen risk appetite within the region.
USA: Unemployment and Empire/Philadelphia Indices
At 16:30 MSK, the US Department of Labor will publish its weekly report on initial jobless claims. Low readings on this metric will indicate a "healthy" labor market, while a sharp increase could signal a potential deterioration in conditions. Additionally, at 16:30, regional manufacturing activity indices, including the Empire State Index (New York State) and the Philadelphia Fed Index, will be released. Values above 50 indicate expansion, while below 50 signify contraction in the manufacturing sector. The dynamics of these data will provide insight into business sentiment as the year begins.
At 18:30 MSK, the US Energy Information Administration (EIA) will report on weekly natural gas inventories. Inventory levels impact energy prices: a decrease generally lifts gas prices, while an increase lowers fuel costs. Investors closely monitor this data to gauge its effect on the energy sector and overall inflation levels.
Corporate Reporting: Before Market Opens (BMO)
- Amphenol (APH): Manufacturer of electronic connectors for aviation and automotive sectors. Investors will assess revenue growth from demand in these areas. Operating margins remain a key focus, as rising costs may impede profitability.
- GE Vernova (GEV): The energy division of General Electric. The report will reflect demand for turbines and equipment in both traditional and "green" energy sectors. An increase in orders for industrial machinery would suggest a resurgence in infrastructure investments.
- BlackRock (BLK): The world's largest asset manager. Investors are keen on net inflows into funds: an inflow into equities indicates risk-on sentiment, while inflows into bonds reflect caution. Changes in assets under management will signal market sentiment.
- Goldman Sachs (GS): An investment bank from the "Big Four" in the US. The focus is on commission income from deals and investment banking. The dynamics of net interest income in the context of high rates are also significant, as growth could substantially boost the bank’s profits.
- Morgan Stanley (MS): A major investment bank. Investors will analyze the results of brokerage and trading business; market volatility at the end of the year may have generated additional income for the bank. Rising rates also impacted net interest income. Forecasts on credit activity and the IPO market are important for evaluating the sector.
- Taiwan Semiconductor (TSM): A leading global semiconductor manufacturer. The TSMC report reflects demand for semiconductors; an increase in orders for chips intended for smartphones and data centers would indicate resilience in the tech sector, while weak results would signal a cooling demand.
Corporate Reporting: After Market Closes (AMC)
In the evening of January 15, no significant corporate reports are expected. Most large companies have already released their results or postponed announcements to the following days. Therefore, after the major trading sessions close, global markets will be predominantly reacting 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 reach historical highs. As of January 15, investors' main focus is on inflation data (PPI) and consumer sales. Moderate PPI figures and strong bank reports will support bullish sentiment, while unexpectedly high inflation may trigger sell-offs due to concerns over a tighter Fed policy.
Euro Stoxx 50 (Europe): Leading European companies lack their own drivers on this day, causing the index to respond to the global backdrop. Signals are expected from the US and China. Strengthened exports from China and increased demand in the US could support the EU’s industrial sector, while negative statistics might dampen risk appetite.
Nikkei 225 (Japan): No key company reports are expected in Tokyo on January 15, causing the market to align with global trends. The yen's value continues to affect exporters: its weakness supports manufacturers' profits, while strength constrains stock growth. News from the US and Asia will shape the sentiment of Japanese investors.
MOEX (Russia): On the Moscow Exchange, energy prices and the ruble's exchange rate dominate on January 15. There are no reports from major companies, so strong macro signals from the US and China (which support 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 market "health." Special attention should be paid to inflation and trade dynamics: weak PPI and positive corporate reports will support optimism, while contrary signals will compel a reassessment of risks ahead of impending decisions from the Fed and ECB.
