Key Economic Events and Corporate Reports for Thursday, January 15, 2026: UK and German 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 in focus for investors: a number of important economic publications and corporate reports are expected. According to Reuters, the major stock indices have reached record highs as market participants have disregarded 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 Federal Reserve rates. Below is an overview of 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 Inventories (EIA).
UK: GDP (November)
At 10:00 MSK, the Office for National Statistics (ONS) in the UK will release preliminary data on GDP growth for November 2025. This figure will provide insight into whether the economic slowdown continues after weak autumn performance. Investors will compare the numbers with economists' forecasts: lower-than-expected GDP growth may raise concerns about stagnation in the UK economy and weaken the pound, while stronger-than-forecast growth 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 macroeconomic forecasts and inflation assessments for the Eurozone. Concurrently, Eurostat will announce figures for 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 unexpected declines would signal continued weakness. All of these figures are crucial for understanding the state of the largest part of Europe heading into the winter period.
Germany: GDP 2025
At 12:00 MSK, the Federal Statistical Office, Destatis, will hold a press conference to publish the preliminary annual GDP figure for Germany in 2025. This is the final figure for the largest economy in Europe. If the actual growth falls short of expectations, it may increase pressure on the euro and prompt cautiousness among investors. Conversely, a stronger-than-expected result could drive the euro higher 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 reading for this metric indicates a "healthy" labor market, while a sharp increase suggests potential deterioration. Additionally, the regional manufacturing indices from Empire (New York State) and Philadelphia Fed will be released at the same time. The values of these indices reflect industrial growth rates: a value above 50 indicates expansion, while below 50 signifies contraction. The dynamics of this data will provide insights into business sentiment at the start of the year.
At 18:30 MSK, the US Energy Information Administration (EIA) will publish its weekly report on natural gas inventories. The levels of these inventories affect energy prices: a decline usually drives up gas prices, while an increase lowers fuel costs. Investors closely monitor this data to assess its impact on the energy sector and the overall level of inflation.
Corporate Reporting: Before Markets Open (BMO)
- Amphenol (APH): A manufacturer of electronic connectors for aviation and automotive sectors. Investors will evaluate revenue growth driven by demand in these sectors. The focus remains on operational margins, as rising costs may constrain profits.
- GE Vernova (GEV): The energy segment of General Electric. The report will reflect the demand for turbines and equipment for both traditional and "green" energy. An increase in orders for industrial equipment would indicate a revival in infrastructure investments.
- BlackRock (BLK): The world's largest asset manager. Investors are interested in net inflows into funds: inflows into equities suggest risk-on sentiment, while inflows into bonds indicate caution. Changes in assets under management will signal market sentiment.
- Goldman Sachs (GS): An investment bank from the "big four" in the US. The primary focus will be on commission income from deals and investment banking. The dynamics of net interest income against the backdrop of high rates are also critical, as an increase could significantly boost the bank's profits.
- Morgan Stanley (MS): A major investment bank. Investors will analyze results from the brokerage and trading businesses: market volatility at the end of the year may have generated additional income for the bank. Rising rates have also affected net interest income. Projections for credit activity and the IPO market are key for assessing the sector.
- Taiwan Semiconductor (TSM): The leading global manufacturer of microchips. TSMC's report reflects demand for semiconductors: an increase in orders for chips for smartphones and data centers would indicate resilience in the tech sector, while weak results signal a cooling demand.
Corporate Reporting: After Markets Close (AMC)
In the evening of January 15, no significant corporate reports are expected. Most major companies have either released their results already or postponed publications to the following days. Therefore, after the closing of the main 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 update historical highs. As of January 15, investor attention is focused on PPI and retail sales data. Moderate PPI figures and strong bank reports will support bullish sentiment, while unexpectedly high inflation may trigger a sell-off on fears of tightening by the Federal Reserve.
Euro Stoxx 50 (Europe): Leading European companies lack specific drivers for the day, so the index reacts to the global backdrop. Signals will come from the US and China. Strengthening Chinese exports and rising demand from the US could support the EU's industrial sector, while negative statistics will dampen risk appetite.
Nikkei 225 (Japan): No key company reports are expected in Tokyo on January 15, so the market is orienting itself to global trends. The exchange rate of the yen continues to influence exporters: its weakening supports manufacturers' profits, while strengthening dampens stock growth. News from the US and Asia will determine Japanese investors' sentiments.
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 (supporting risk) will stimulate ruble assets, while negative signals will constrain 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: weak PPI and positive corporate reports will support optimism, while reverse signals will necessitate reassessing risks ahead of the upcoming Federal Reserve and ECB decisions.
