Weekly Outlook: 2017, January 22 - January 29

Weekly Outlook: 2017, January 22 - January 29

The US dollar was mixed as Donald Trump entered the White House. Apart from Trump’s first week as President, we have some interesting publications: US and UK GDP, durable goods orders from the US and more These are the highlights of this week.

1. Mario Draghi speaks: Sunday, 23:00. ECB President Mario Draghi will speak in Torino.
2. German Ifo Business Climate: Wednesday, 9:00. Business climate is expected to rise to 111.3 this time.
3. US Crude Oil Inventories: Wednesday, 15:30.
4. UK GDP data: Thursday, 9:30. The fourth quarter growth rate is expected to reach 0.5%.
5. US Unemployment Claims: Thursday, 13:30. The number of new claims is expected to reach 247,000 this week.
6. US GDP data: Friday, 13:30. US economy is expected to expand by 2.1% in the fourth quarter of 2016.
7. US Durable Goods Orders: Friday, 13:30. Durable goods orders for December are expected to rise 2.7%, while core orders are expected to gain 0.5%.

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