Friday brings a number of highly anticipated news releases, so let’s take a closer look.
In fact, all the publications on this schedule are high importance events, starting with the preliminary British fourth quarter GDP, which is out at half past 9 AM. Third quarter data surprised somewhat on the upside, showing the strongest growth so far in 2017.
Coming up next at half past 1 PM GMT is the preliminary US fourth quarter GDP. Now, the US economic growth has stood above 3% for 2 quarters straight, and similar performance is expected this time around.
Preliminary durable goods orders for December are out at the same time. Orders rebounded in November, but the core reading showed an unexpected and disappointing slip.
And Canadian December CPI comes at this time as well. The annual inflation picked up speed in November, but this release is expected to show some easing.
And it is also a good idea to keep an eye on the news feed for the latest updates from Davos. In particular, Bank of England Governor Mark Carney and Bank of Japan Governor Haruhiko Kuroda will be discussing the global economic outlook at 2.
You’ve been watching the Economic Calendar for Friday, the 26th of January. I’m Kiays Khalil and we’ll be back with the next overview of key events for Monday. See you then.

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