Week Ahead: Global Markets on Watch A high-impact week with major data from China, the UK, and the US, plus key central bank decisions. Volatility risk rises as inflation and growth signals stack up. Mon (Jan 19) 🇺🇸 US markets closed (MLK Day) → thinner liquidity 🇨🇳 China Q4 GDP, Industrial Production, Retail Sales  ↳ Takeaway: growth steady, industry resilient, consumption still soft 🇨🇦 Canada CPI & Core CPI Tue–Thu: Macro Heavyweights 🇨🇳 PBoC rate decision (hold expected) 🇬🇧 UK jobs (Tue), CPI & Core CPI (Wed) 🇦🇺 Australia employment (Thu) 🇺🇸 US Final Q3 GDP & Core PCE (Thu) 🇩🇪🇪🇺🇬🇧 PMIs across Germany, Eurozone & UK Fri (Jan 24) 🇯🇵 BoJ rate decision + press conference 🇬🇧 UK Retail Sales 🇺🇸 US Flash PMIs Market Focus: US Core PCE (Thu): the Fed’s preferred inflation gauge. This print will shape rate-cut expectations and could drive outsized moves across USD, yields, and equities. ⚠️ Expect volatility as markets recalibrate.