Thursday, the 28th of January, is a busy day with plenty of known market movers, so stay with us to find out more.<br />The schedule starts with a highly anticipated event at 9:30 AM, when the UK Fourth Quarter Preliminary GDP is released. The quarterly growth eased in the third quarter as a strong growth in service sector was reversed by a drop in construction.<br />The closely watched German Preliminary CPI for January follows at 1 PM. The annual headline inflation inched lower in December, having risen to point 4% the previous month.<br />The high importance weekly update on US Jobless Claims comes at 1:30. Initial claims went up by 10 thousand during the week ending January 16 while the continuing claims dropped by 56 thousand during the week ending January 9.<br />Another known market mover is due at the same time, namely, the US Preliminary Durable Goods Orders for December. Orders saw no change in November, following a strong 2.9% gain the previous month.<br />US Pending Home Sales for December will be available at 3. Sales slipped in November but this release is expected to show a recovery.<br />Coming up next at 9:45 are the New Zealand Building Permits for December. The number of permits has been growing for the past two months and now stands at a 10-year high.<br />Two news releases regarding the Japanese economy in December are out at 11:30, including the closely watched Consumer Price Index. The annual core inflation returned to growth in November, having spent 3 months in the red.<br />Jobless Rate saw some increase in November, but policy makers believe it still remains near full employment.<br />UK Consumer Confidence Index for January is scheduled at 5 minutes past midnight. The Index improved in December from the 6-month low it reached a month ago.<br />Australian Private Sector Credit for December follows at half past midnight. Total credit continued to grow in November, largely driven by mortgage loans.<br />And Japanese Housing Starts for December are up last at 5 AM. Housing starts rebounded in November, partially reversing a 2.5% annual drop the previous month.<br />That's all for Thursday's Economic Calendar. Check back in for the next overview of news releases for Friday. Goodbye.
