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January 29, 2026
FEBRUARY 2026 EVENTS
The 4th Quarter earnings season continues in February.
Of the major companies, Walt Disney (February 2nd), AMD (February 3rd), Alphabet (Google) (February 4th), Amazon (February 5th), and NVIDIA (February 25th) will declare their earnings.
Possible Influence: Volatile US Stocks
Eight OPEC+ members (including Saudi Arabia and Russia) will hold their monthly meeting to discuss and set voluntary production levels. According to reports, the cartel is expected to pause output increases for March, as the current increase in oil prices may add less to production levels than November’s increase of 137,000.
Possible Influence: Volatile Crude Oil
Following constructive US-Russia-Ukraine trilateral talks in January, trilateral peace talks continue on February 1st. These talks could potentially progress to a direct meeting between Presidents Putin and Zelensky. Russia and Ukraine have incentives to make progress.
Possible Influence: Volatile Crude Oil, Gold, Silver, Natural Gas, Palladium, Platinum, Copper, Wheat
The ISM Manufacturing PMI's previous print was 47.9. The number was lower than the expected 48.3.
Possible influence: Volatile US Dollar, Gold, and US Stocks
The RBA will meet to decide on interest rates. The current rate is 3.6%. Current expectations are that the RBA may decide to increase rates by 0.25%.
Possible Influence: Volatile AUD/SUD
The Monetary Policy Committee of the Bank of England will meet to decide on interest rates. The current rate is 3.75%, and most expectations are that rates will remain unchanged, but that there is a chance of a rate cut. The last BoE cut was by 0.25% in December.
Possible Influence: Volatile GBP/USD and UK100
The European Central Bank will meet to discuss interest rates. Rates are currently at 2.15% after a rate cut of 25 basis points in June. There is a chance that the ECB could opt for a rate cut this month.
Possible Influence: Volatile EUR/USD, Gold
The previous month (December) saw unemployment at 4.4%. Nonfarm Payrolls for the previous month (December) printed 50,000.
Possible Influence: Volatile US Dollar, Gold, and US Stocks
Core CPI (excluding food and energy) was 2.6%, year-over-year, in December. Top-line Year on Year CPI for December came in at 2.7%, in line with expectations.
Possible Influence: Volatile US Dollar, Gold, and US Stocks
Month-over-Month Retail Sales were at 0.6% in November, which was 0.1% higher than expected.
Possible Influence: Volatile US Dollar, Gold, and US Stocks
President Trump will address a joint session of Congress, marking a key yearly political event. Trump is expected to outline US administration successes so far and give a preview of plans for the rest of the year. He might address a variety of subjects, including the US economy, trade, foreign policy, energy, or taxation.
Possible Influence: Volatile US Dollar, Gold, and US Stocks