This week, investors' attention is focused on the meetings of the ECB and the Bank of Japan. Traders are also interested in the data on the economic growth of Great Britain and the USA. One more anticipated event is the World Economic Forum in Davos, Switzerland.

Monday, January 22. The report on wholesale sales in Canada is released.

Tuesday, January 23. Bank of Japan releases the decision on interest rate and the monetary policy statement. It will report on the economic state in the country, describe the factors that influenced monetary policy in Japan. Besides, Bank of Japan president will held a press conference immediately after the decision is announced.

Another day’s highlight is the start of the World Economic Forum in Switzerland.

Great Britain will release the data on Public Sector Borrowing, and Germany reports on economic sentiment.

Wednesday, January 24. The European Union reports on Services PMI and Manufacturing PMI in Eurozone. Besides, Great Britain releases monthly report on unemployment, and the USA – report on existing homes sales.

Thursday, January 25. There will be reports on inflation and consumer prices in New Zealand, the data on consumer confidence in Germany will also be published. Canada will release the data on retail sales, the USA will report on new home sales.

Besides, the World Economic Forum starts on Thursday.

Another day’s highlight is the statement of the ECB monetary policy, followed by the ECB president Mario Draghi’s press conference.

Friday, January 26. Australia's stock markets won’t work due to the national holiday, Australia Day. Great Britain will release a preliminary report on GDP for the fourth quarter of 2017. Canada will report on inflation.

The week will be finished with the report on U.S. economic growth in the fourth quarter, as well as the report on U.S. durable goods orders.

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