Important macro events and data forecast for next week: The Federal Reserve will release the Beige Book on economic conditions

On January 12, important macro events and data forecast for next week:

Tuesday:
Data: US PPI annual rate in December, US PPI monthly rate in December.

Event: 2025 FOMC voting member, Kansas Fed President Schmid delivered a speech.

Wednesday:
Data: US EIA, API crude oil inventories; German GDP growth rate for the whole year of 2024; US CPI data in December.

Event: FOMC permanent voting member, New York Fed President Williams delivered an opening speech at an event; JPMorgan Chase and Goldman Sachs released financial reports.

Thursday:
Data: US initial jobless claims for the week ending January 11, US retail sales monthly rate in December.
Events: FOMC permanent voting member and New York Fed President Williams delivered a speech; 2025 FOMC voting member and Chicago Fed President Goolsbee delivered a speech; the Federal Reserve released the Beige Book on economic conditions; the European Central Bank released the minutes of the December monetary policy meeting; TSMC and Morgan Stanley released financial reports.

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