Flash quarterly national accounts and unemployment from the euro area and Germany are due on Friday, headlining a hectic day for the European economic news. At 1.30 am ET, France's statistical office INSEE releases flash GDP data. The economy is forecast to grow at a slower pace of 0.2 percent in the fourth quarter after the third quarter's 0.5 percent increase.

Industrial output in South Korea was up a seasonally adjusted 1,7 percent on month in December, Statistics Korea said on Friday.

The Commerce Department released a report on Thursday showing another modest increase by wholesale inventories in the U.S. in the month of November. The report said wholesale inventories rose by 0.2 percent in November, matching the increase seen in October.

After reporting a notable decrease in new orders for U.S. manufactured goods in the previous month, the Commerce Department release a report on Thursday showing factory orders rebounded by much more than anticipated in the month of November. The Commerce Department said factory orders surged by 2.7 percent in November after tumbling by a revised 1.2 percent in October.

A report released by the Commerce Department on Thursday showed the U.S. trade deficit surged by much more than expected in the month of November. The Commerce Department said the trade deficit widened to $56.8 billion in November from a revised $29.2 billion in October. Economists had expected the trade deficit to grow to $45.0 billion.

First-time claims for U.S. unemployment benefits slipped from an upwardly revised level in the week ended January 24th, the Labor Department revealed in a report released on Thursday. The report said initial jobless claims edged down to 209,000, a decrease of 1,000 from the previous week's revised level of 210,000.

Eurozone economic confidence improved to the highest level in three years in January, a monthly survey from the European Commission showed on Thursday. The economic confidence index advanced to 99.4 in January from 97.2 in the previous month. This was the highest score since January 2023 and well above economists' forecast of 97.0.

The Philippine economy registered its weakest growth since the COVID-19 pandemic, official data revealed on Thursday. Gross domestic product grew only 3.0 percent on a yearly basis in the fourth quarter of 2025, the Philippine Statistics Authority said. This was the weakest performance since the first quarter of 2021, when GDP was down 3.8 percent.

Economic sentiment and monetary aggregates from the euro area are the top economic news due on Thursday. At 2.00 am ET, foreign trade data from Switzerland is due. Switzerland's trade surplus is forecast to increase to CHF 4.85 billion in December from CHF 3.84 billion in November. Sweden will also release its GDP data.

Singapore central bank maintained its monetary policy setting and raised its inflation outlook on Thursday. The Monetary Authority of Singapore said it will maintain the prevailing rate of appreciation of the S$NEER policy band and there will be no change to its width and the level at which it is centered.

Following three straight interest rate cuts to close out 2025, the Federal Reserve on Wednesday announced its widely expected decision to leave rates unchanged following its first monetary policy meeting of 2026. The Fed said it decided to maintain the target range for the federal funds rate at 3.50 to 3.75 percent following three consecutive quarter point rate cuts.

In a widely expected move, the Bank of Canada on Wednesday announced that it has decided to leave interest rates unchanged for the second straight meeting. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent.

German consumer confidence is set to improve in February, driven by strong rebounds in income expectations and willingness to buy, survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Wednesday. The forward-looking consumer climate indicator rose more-than-expected to -24.1 from -26.9 in January. The score was expected to climb to -25.5 in February.

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as Australia's upbeat inflation fueled bets of an increase in Reserve Bank interest rates next week.

Australia's consumer price inflation accelerated in December on housing and food prices, the Australian Bureau of Statistics said Wednesday. The consumer price index logged an annual growth of 3.8 percent in December, following November's 3.4 percent rise. Inflation was expected to rise marginally to 3.5 percent.

The Conference Board released a report on Tuesday unexpectedly showing a significant deterioration in U.S. consumer confidence in the in the month of January. The Conference Board said its consumer confidence index plummeted to 84.5 in January from an upwardly revised 94.2 in December.

French consumer sentiment remained unchanged in January but remained weaker than its long-run average, monthly survey results from the statistical office INSEE showed on Tuesday. The consumer confidence index posted 90 in January, the same score as seen in December and also matched expectations. The index had remained below its long-term average of 100.

The Indian rupee weakened against the U.S. dollar in the late Asian session on Tuesday, amid importer hedging surpassed exporters and equity outflows acceleration.

The U.S. dollar lost heavily against major currencies during the week ended January 23 that witnessed the U.S. President's intensified push to take control over Greenland as well as an unexpected walk-back of the threats.

Consumer confidence from France and unemployment from Spain are the top economic news due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes consumer sentiment survey results. The confidence index is seen unchanged at 90 in January.

Europe's new car sales increased at a faster pace in December but the overall sales volume in the whole year of 2025 remained below pre-pandemic levels, the European Automobile Manufacturers' Association, or ACEA, said Tuesday. In December, new car sales logged an annual growth of 5.8 percent after rising 2.1 percent in November.

A report released by the Commerce Department on Monday showed new orders for U.S. manufactured durable goods surged by much more than expected in the month of November. The Commerce Department said durable goods orders shot up by 5.3 percent in November after tumbling by 2.1 percent in October. Economists had expected durable goods orders to jump by 3.0 percent.

German business sentiment remained unchanged in January as the improvement in current situation was offset by the deterioration in expectations, survey data from the Munich-based ifo Institute showed on Monday. The business climate index remained unchanged at 87.6 in January, while the score was expected to rise to 88.3. The current situation index rose to 85.7 in January from 85.6 in December.

The Japanese yen strengthened against other major currencies in the pre-European session on Monday, due to rising speculation of possible Bank of Japan intervention in the foreign exchange market.

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has improved much more than previously estimated in the month of January. The University of Michigan said its consumer sentiment index for January was upwardly revised to 56.4 from a preliminary reading of 54.0. Economists had expected the index to be unrevised.