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Economic Calendar: US Retail Sales and Wall Street Results

  • European stock markets should open to the downside

  • Retail sales in the United States remain stable month over month

  • Citigroup, JPMorgan and Wells Fargo to Release Results

European markets should open lower in the last session of the week. As for the release of economic data, US retail sales data for the month of December is the most important information of the day. Overall sales are expected to remain stable in terms of months after declining in November. In addition, three major US financial institutions will release their fourth quarter results before the opening of Wall Street: JPMorgan, Citigroup and Wells Fargo.

8.45 a.m. – France: CPI inflation for the month of December (final). First press release: 0% YoY

9:00 am – Spain: CPI inflation for the month of December. Expected: -0.5% year on year. Previous: -0.8% yoy

10:00 am – Poland: CPI inflation for the month of December. Expected: 2.3% year-on-year. Previous: 3% year-on-year

2:30 p.m. – US: NY Empire State Index for the month of January. Expected: 6. Previous: 4.9

2:30 p.m. – United States: retail sales for December.

  • At the one. Expected: 0% MoM. Previous: -1.1% MoM

  • Without car sales. Expected: -0.1% MoM. Previous: -0.9% MoM

3.15 p.m. – United States: industrial production for the month of December. Expected: 0.4% MoM. Previous: 0.4% MoM

4:00 p.m. – University of Michigan Consumer sentiment for the month of January. Expected: 80. Previous: 80.7

Notable results in the United States

  • Citigroup (C.US) – before the market opens

  • JPMorgan (JPM.US) – before market opens

  • Wells Fargo (WFC.US) – before market opens

Speeches of central bankers

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