The Day Ahead EURO VS US DOLLARTRADENATION:EURUSDTradeNationFriday’s session is packed with inflation data and growth updates across major economies, which could drive cross-asset volatility into month-end positioning. In the US, January PPI will be the key focus for rates and equities after recent sensitivity to inflation surprises. Markets will also monitor the February Chicago PMI and Kansas City Fed services survey for signals on momentum in manufacturing and services. Construction spending data for November and December may add context around housing and infrastructure trends. In Europe, attention centres on February CPI releases from Germany and France, alongside German unemployment data. The UK sees updates from the GfK consumer confidence survey and the Lloyds Business Barometer, offering insight into household and business sentiment. Canada, Sweden and Switzerland report Q4 GDP, providing a broader read on global growth into year-end. In Asia, Japan’s Tokyo CPI is an important early signal for national inflation trends, complemented by retail sales, industrial production and housing starts. From central banks, the ECB’s January consumer expectations survey will be watched for inflation outlook signals, while comments from the Bank of England’s Pill may influence UK rate expectations. Earnings include results from Holcim, BASF, Swiss Re and Amadeus IT, adding sector-specific catalysts across materials, chemicals, reinsurance and travel technology. Overall, the combination of inflation data, GDP releases and central bank commentary makes for a potentially market-moving end to the week, particularly for rates and rate-sensitive equity sectors. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.