US
0830 ET Weekly initial unemployment claims expected +15,000 to 235,000, previous -41,000 to 220,000. Weekly continuing claims expected -27,000 to 1.925 million, previous +76,000 to 1.952 million.
1000 ET Dec new home sales expected -7.9% to 675,000, Nov +17.5% to 733,000.
1000 ET Dec leading indicators expected +0.5%, Nov +0.4%.
1100 ET Jan Kansas City Fed manufacturing activity expected unch at 14, Dec -2 to 14.
1300 ET Treasury auctions $28 billion 7-year T-notes.
GER
0200 ET German Feb GfK consumer confidence expected unch at 10.8, Jan +0.1 to 10.8.
0400 ET German Jan IFO business climate expected -0.2 to 117.0, Dec -0.4 to 117.2. Jan IFO current assessment expected -0.1 to 125.3, Dec +0.9 to 125.4. Jan IFO expectations expected -0.2 to 109.3, Dec -1.5 to 109.5.
ITA
0400 ET Italy Nov industrial sales, Oct +1.1% m/m and +6.0% y/y. Nov industrial orders, Oct +1.9% m/m and +12.5% y/y.
UK
0600 ET UK Jan CBI retailing reported sales expected -7 to 13, Dec -6 to 20.
EUR
0745 ET ECB announces interest rate decision.
0830 ET ECB President Mario Draghi holds press conference following ECB meeting.
CAN
0830 ET Canada Nov retail sales expected +0.8% and +0.9% ex autos, Oct +1.5% and +0.8% ex autos.
JPN
1830 ET Japan Dec national CPI expected +1.1% y/y, Nov +0.6% y/y. Dec national CPI ex-fresh food expected +0.9% y/y, Nov +0.9% y/y. Dec national CPI ex fresh food & energy expected +0.4% y/y, Nov +0.3% y/y.
1830 ET Japan Tokyo Jan CPI expected +1.1% y/y, Dec +1.0% y/y. Jan Tokyo CPI ex-fresh food expected +0.8% y/y, Dec +0.8% y/y. Jan Tokyo CPI ex fresh food & energy expected +0.4% y/y, Nov +0.4% y/y.
1850 ET Japan Dec PPI services expected +0.8% y/y, Nov +0.8% y/y.
CHI
2030 ET China Dec industrial profits, Nov +14.9% y/y.
Commodity Calendar – Thursday 1/25/2018
Date Time Event Period Survey Prior
1/25/2018 8:30 Net Export Sales Corn-Total 18-Jan — 1890.8
1/25/2018 8:30 Net Export Sales Corn-Old Crop 18-Jan — 1888.3
1/25/2018 8:30 Net Export Sales Soybeans-Total 18-Jan — 1527.9
1/25/2018 8:30 Net Export Sales Soybeans-Old 18-Jan — 1240.2
1/25/2018 8:30 Net Export Sales Wheat-Total 18-Jan — 190.6
1/25/2018 8:30 Net Export Sales Wheat-Old 18-Jan — 153.1
1/25/2018 8:30 Net Export Sales Cotton-Total 18-Jan — 379.7
1/25/2018 8:30 Net Export Sales Cotton-Old 18-Jan — 275.1
1/25/2018 8:30 Net Export Sales Soy Meal-Total 18-Jan — 281.8
1/25/2018 8:30 Net Export Sales Soy Meal-Old 18-Jan — 281.8
1/25/2018 8:30 Net Export Sales Soy Oil-Total 18-Jan — 28
1/25/2018 8:30 Net Export Sales Soy Oil-Old 18-Jan — 28
1/25/2018 10:30 EIA Working Natural Gas Implied Flow 19-Jan — -183
1/25/2018 10:30 EIA Natural Gas Storage Change 19-Jan — -183
1/25/2018 15:00 USDA Red Meat Production Jan — 1.20%
1/25/2018 15:00 Poultry Slaughter LW YOY% Jan — —