Macroeconomic & Microeconomic Calendar – Week of January 20 to 24, 2026

Monday, January 19 – Calm but Strategic Day: Davos Opens the Offensives

Highlights:

• US stock markets will be closed due to Martin Luther King Jr. Day.
• No major corporate earnings expected.

World Economic Forum in Davos (Day 1):

• Kicking off the unmissable annual event bringing together political leaders, CEOs, and NGOs.
• Main topics: responsible artificial intelligence, sustainable growth, rebuilding trust.
• Notable participants include: Satya Nadella (Microsoft), Jensen Huang (Nvidia), Jamie Dimon (JPMorgan), Emmanuel Macron, Ursula von der Leyen, António Guterres, Donald Trump.

ICE Barcelona (Games & Casinos):

• Opening of the annual expo, attended by Light & Wonder, Aristocrat Gaming, Brightstar Lottery.

Tuesday, January 20 – Earnings Kick Off: Netflix and 3M in the Spotlight

Key Earnings to Watch:

• 3M Company, U.S. Bancorp, United Airlines, Interactive Brokers, KeyCorp, Fastenal.
• Netflix will release after close, attracting strong market attention.

Expected Market Movements:

• High volatility on Firefly Aerospace (FLY) and AXT (AXTI).
• Overbought: High Roller Technologies (ROLR), Zion Oil (ZNOG), Springview (SPHL).
• Oversold: GoDaddy (GDDY), ZipRecruiter (ZIP), Domo (DOMO).

Additional Events:

• Potential IPOs for BitGo, Riku Dining Group, and Aigo Holding.
• Lock-up periods expire for McGraw Hill and Diginex.
• Walmart officially joins the Nasdaq 100.
• Investor Day hosted by Aytu BioPharma in New York.
• Davos continues (Day 2).

Wednesday, January 21 – Trump, Johnson & Johnson and the Auto Sector in the Spotlight

Key Results:

• Johnson & Johnson, Charles Schwab, Halliburton, Ally Financial, Kinder Morgan, Travelers.

Economic and Political Events:

• Highly anticipated speech by Donald Trump at 2:30 pm (US time).
• The Supreme Court examines the case regarding the revocation of Lisa Cook, a Fed governor.
• Simulations Plus holds its virtual Investor Day.

Automotive and Energy:

• Start of the Automotive World Tokyo expo, featuring Toyota, Nissan, Honda, Mazda, Suzuki.
• IEA publishes its monthly oil report.

Davos continues (Day 3).

Thursday, January 22 – Intel, P&G, and US Inflation in the Spotlight

Closely Watched Earnings:

• Intel (high volatility expected), Procter & Gamble, GE Aerospace, Abbott, Capital One, CSX.

Key Macroeconomic Data:

• November’s Core PCE Price Index expected to rise moderately.
• Final Q4 GDP expected stable at +4.3%.
• GDP Price Index expected at +3.8%.
• Weekly jobless claims: estimate around 203,000 filings.

Mergers & Acquisitions:

• End of the "go-shop" period for the takeover of Clearwater Analytics.
• Shareholder votes on the acquisition offers of Sotherly Hotels and Forge Global (acquisition by Charles Schwab).

Davos continues (Day 4).

Friday, January 23 – Consumer Sentiment and Cyclical Sectors Wrap Up the Week

Expected Results:

• SLB (ex-Schlumberger), Booz Allen Hamilton, Alaska Airlines (strong volatility anticipated).

High-Impact Economic Indicators:

• Flash Manufacturing PMI expected to show a slight increase.
• Services PMI expected to be stable or slightly higher.
• University of Michigan consumer confidence index: closely monitored for changes in inflation expectations.

Other Highlights:

• Quarterly natural gas report published by the IEA.
• Closing of the Davos Forum (Day 5).