BlockBeats News, January 18th, next week Trump will lead a record-breaking U.S. delegation back to the Davos Forum and speak on "How We Can Cooperate in an Increasingly Competitive World." The key points of discussion may include tariff policy, military intervention in Venezuela, and the threat of acquiring Greenland. The U.S. Supreme Court will also hear the case of Fed Governor Powell, whom Trump is trying to replace. A ruling on the legality of Trump's tariffs may also come next week. The upcoming macro events and data release are as follows:
Monday:
Trump leads a delegation to attend the Davos World Economic Forum Annual Meeting;
China releases full-year GDP growth for 2025, fourth-quarter GDP annual rate, and total GDP for the year;
Wednesday:
ECB President Lagarde and BlackRock CEO Fink participate in a discussion at the World Economic Forum;
Trump speaks on "How We Can Cooperate in an Increasingly Competitive World" at the World Economic Forum Annual Meeting;
Thursday:
ECB releases minutes from the December monetary policy meeting;
U.S. initial jobless claims up to January 17th;
U.S. November core PCE price index, personal spending rate;
U.S. Q3 real GDP, final annualized Q3 core PCE price index, final Q3 real personal consumption expenditure rate;
Friday:
Japan December core CPI annual rate;
Japan's Bank of Japan interest rate decision and economic outlook report up to January 23rd, with Governor Kuroda holding a monetary policy press conference;
U.S. final January University of Michigan Consumer Confidence Index, U.S. final January one-year inflation rate expectations.
Market Closure Reminder: Monday (January 19th) U.S. stock market closed for Martin Luther King Jr. Day.
