As we transition into the new year, we would like to bring your attention to the key economic events and currency updates scheduled for the second week of January 2025, spanning from Monday, January 6, to Friday, January 10, 2025.
Given the dynamic nature of financial markets, these events may result in notable market fluctuations, including potential gaps. To navigate this environment effectively:
- Stay Informed: Keep track of major economic announcements and market news that could influence currency movements.
- Mitigate Risks: Review your margin requirements and ensure you have adequate reserves to support your trading positions during periods of heightened volatility.
Here is a detailed breakdown of the upcoming economic events:
Monday, January 6, 2025
| Time (GMT+2) | Country/Currency | Event |
|---|---|---|
| All Day | Sweden | Epiphany Day (Public Holiday) |
| All Day | Poland | Epiphany Day (Public Holiday) |
| 08:30 | JPY | au Jibun Bank Japan Services PMI (Dec) |
| 09:45 | CNY | Caixin Services PMI (Dec) |
| 16:50 | EUR | HCOB France Services PMI (Dec) |
| 16:55 | EUR | HCOB Germany Services PMI (Dec) |
| 17:00 | EUR | HCOB Eurozone Composite PMI (Dec) |
| 17:00 | EUR | HCOB Eurozone Services PMI (Dec) |
| 17:30 | GBP | S&P Global/CIPS UK Composite PMI (Dec) |
| 17:30 | GBP | S&P Global/CIPS UK Services PMI (Dec) |
| 21:00 | EUR | German CPI (YoY) (Dec) |
| 21:00 | EUR | German CPI (MoM) (Dec) |
| 22:45 | USD | S&P Global Composite PMI (Dec) |
| 22:45 | USD | S&P Global Services PMI (Dec) |
| 23:00 | USD | Factory Orders (MoM) (Nov) |
| 23:00 | USD | ISM Non-Manufacturing Employment (Dec) |
| 23:00 | USD | ISM Non-Manufacturing PMI (Dec) |
| 23:00 | USD | ISM Non-Manufacturing Prices (Dec) |
Tuesday, January 7, 2025
| Time (GMT+2) | Currency | Event |
|---|---|---|
| 08:01 | GBP | BRC Retail Sales Monitor (YoY) (Dec) |
| 08:30 | AUD | Building Approvals (MoM) (Nov) |
| 15:00 | GBP | Halifax House Price Index (MoM) (Dec) |
| 15:00 | GBP | Halifax House Price Index (YoY) (Dec) |
| 15:30 | CHF | CPI (MoM) (Dec) |
| 15:45 | EUR | French CPI (MoM) (Dec) |
| 16:00 | CNY | Foreign Exchange Reserves (Dec) |
| 17:30 | GBP | S&P Global/CIPS UK Construction PMI (Dec) |
| 18:00 | EUR | CPI (YoY) (Dec) |
| 18:00 | EUR | Unemployment Rate (Nov) |
| 21:30 | USD | Trade Balance (Nov) |
| 21:30 | CAD | Trade Balance (Nov) |
| 23:00 | USD | JOLTS Job Openings (Nov) |
Wednesday, January 8, 2025
| Time (GMT+2) | Currency | Event |
|---|---|---|
| 02:00 | USD | Atlanta Fed GDPNow (Q4) |
| 15:00 | EUR | German Factory Orders (MoM) (Nov) |
| 15:00 | EUR | German Retail Sales (MoM) (Nov) |
| 21:15 | USD | ADP Nonfarm Employment Change (Dec) |
Thursday, January 9, 2025
| Time (GMT+2) | Currency | Event |
|---|---|---|
| 04:00 | USD | Consumer Credit (Nov) |
| 08:30 | AUD | Retail Sales (MoM) (Nov) |
| 15:00 | EUR | German Industrial Production (MoM) (Nov) |
| 15:00 | EUR | German Trade Balance (Nov) |
Friday, January 10, 2025
| Time (GMT+2) | Currency | Event |
|---|---|---|
| 02:00 | USD | Atlanta Fed GDPNow (Q4) |
| 07:30 | JPY | Household Spending (MoM) (Nov) |
| 07:30 | JPY | Household Spending (YoY) (Nov) |
| 15:45 | EUR | French Consumer Spending (MoM) (Nov) |
| 21:30 | USD | Nonfarm Payrolls (Dec) |
| 21:30 | USD | Unemployment Rate (Dec) |
| 21:30 | CAD | Building Permits (MoM) (Nov) |
| 21:30 | CAD | Employment Change (Dec) |
| 23:00 | USD | Michigan Consumer Sentiment (Jan) |
Final Reminders
To prepare for these events, ensure you stay updated on market announcements, review your trading strategies, and maintain sufficient margin reserves to manage your risk exposure effectively. For more insights and updates, follow our notifications throughout the week.
Risk Disclosure
Trading in securities, futures, contracts for difference (CFDs) and other financial products carries high risks due to the rapid and unpredictable fluctuation in the value and prices of these financial instruments. This unpredictability is due to the adverse and unpredictable market movements, geopolitical events, economic data releases and other unforeseen circumstances. You may sustain substantial losses, including losses exceeding your initial investment within a short period of time.
You are strongly advised to fully understand the nature and inherent risks of trading with the respective financial instrument before you begin to trade or engage in any transactions with us. When you engage in transactions with us, you acknowledge that you are aware of and accept these risks. You should conduct your own research and consult with an independent qualified financial advisor or professional before making any financial, trading or investment decisions.
Disclaimer
The information contained in this blog is for general informational purposes only and should not be considered as financial, investment, legal, tax or any other form of professional advice, recommendation, an offer, or an invitation to buy or sell any financial instruments. The content herein, including but not limited to data, analyses and market commentary, is presented based on internal records and/or publicly available information and may be subject to change or revision at any time without notice and does not consider any specific recipient’s investment objectives or financial situation. Past performance is not an indicator of future performance and D Prime and its affiliates give no assurance that any views, projections or forecasts will materialize. D Prime and its affiliated entities make no representations or warranties about the accuracy or completeness of this information and disclaim any and all liability for any direct, indirect, incidental, consequential, or other losses or damages arising out of or in connection with the use of or reliance on any information contained in this blog. You should conduct your own research and consult with an independent qualified financial advisor or professional before making any financial, trading or investment decisions.
