Davos Forum Focuses on Global Collaboration
Trump will attend the World Economic Forum in Davos next week, addressing how nations can cooperate in an increasingly competitive global landscape. Tariff policies, potential international interventions, and regional economic issues could dominate discussions.
Fed Governance Case Draws Attention
The U.S. Supreme Court will hear arguments on Trump's attempt to remove Fed Governor Cook. The decision could significantly impact the Fed's independence and future policy direction. The legality of Trump's tariff policies is also set for a ruling.
Key Economic Events and Data Releases
- Monday: Trump attends the Davos Forum; China releases 2025 full-year GDP growth, Q4 GDP annual rate, and GDP total figures.
- Wednesday: ECB President Lagarde and BlackRock CEO Fink take part in a forum discussion; Trump delivers a speech on global economic cooperation.
- Thursday: The ECB publishes December monetary policy minutes; U.S. releases initial jobless claims and core PCE price index data.
- Friday: The Bank of Japan announces interest rate decisions and inflation data; the U.S. releases the final consumer confidence index and inflation expectations for January.
Market Holiday Notice
U.S. stock markets will be closed on Monday (January 19) in observance of Martin Luther King Jr. Day. Investors should plan accordingly.