Speech by ECB President Christine Lagarde. EU, 12:00 (GMT+2) 23 Jan

23Jan.202611:00

Speech by ECB President Christine Lagarde. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), European Central Bank (ECB) President Christine Lagarde will deliver a speech. Investors are closely watching the rhetoric of the regulator’s representatives, trying to get hints about the further prospects for the development of the EU economy amid global geopolitical instability and new initiatives from US President Donald Trump.

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23 Jan. 2026 10:30

Manufacturing and services PMI. UK, 11:30 (GMT+2)

At 11:30 (GMT+2), the UK will publish January data on the EU business activity indices, which are based on a survey of purchasing and supply managers at leading national companies, assessing their attitude to the current economic situation and prospects for further development. In the manufacturing sector, it is likely to be around 50.6 points, while in the services sector, it may rise from 51.4 points to 51.7 points, supporting the pound.

23 Jan. 2026 14:30

Retail sales. Canada, 15:30 (GMT+2),

At 15:30 (GMT+2), Canada will release November retail sales data, reflecting the volume of all goods retailers sold based on a sample of stores of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on gross domestic product (GDP). A correction from −0.2% to 1.2% MoM and from −0.6% to 1.2% on a core basis is forecast, which may drive the upward dynamics of the Canadian currency.

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