As of January 13, 2026, markets are bracing for high-impact U.S. economic releases and major bank earnings that could dictate short-term direction across stocks, bonds, forex, and crypto. This week’s schedule features December CPI & PPI inflation prints, followed by Q4 results from JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo. Any surprise in inflation or bank profitability could significantly shift Fed rate-cut expectations and trigger sharp volatility.
This guide explains what to expect, why these events matter, key levels to watch, and how traders can position on Tapbit.
This Week’s Economic Calendar – High-Impact Events
| Date (JST) | Event | Expected | Previous | Market Impact |
|---|---|---|---|---|
| Jan 14 Tue | U.S. CPI (Dec YoY) | 2.9% | 2.7% | Very High |
| Jan 14 Tue | U.S. Core CPI (Dec YoY) | 3.2% | 3.3% | Very High |
| Jan 15 Wed | U.S. PPI (Dec YoY) | 3.1% | 3.0% | High |
| Jan 15 Wed | JPMorgan Q4 Earnings | $4.12 EPS | $4.33 | High |
| Jan 16 Thu | Bank of America Q4 Earnings | $0.78 EPS | $0.81 | Medium-High |
| Jan 16 Thu | Citigroup Q4 Earnings | $1.25 EPS | $1.10 | Medium-High |
| Jan 17 Fri | Wells Fargo Q4 Earnings | $1.20 EPS | $1.23 | Medium |
Why U.S. CPI Data Matters So Much in January 2026
The December CPI print is the last major inflation release before the January FOMC meeting. Markets are pricing ~65–75% probability of a 25 bps rate cut in March, with some bets on February. Key scenarios:
- Hotter-than-expected CPI (≥3.0% YoY) → rate-cut odds drop → USD strength, equity pressure
- Cooler-than-expected CPI (≤2.6% YoY) → rate-cut odds rise → risk-on, crypto & stocks rally
- Core sticky → mixed reaction, focus shifts to bank earnings
Traders on Tapbit should watch CPI → USD/JPY, S&P 500 futures, and BTC/USD for immediate volatility spikes.
Bank Earnings – What Wall Street Is Watching
Q4 bank results will provide the first broad read on consumer health, loan demand, net interest margins, and credit quality in the post-election environment. Focus areas:
- JPMorgan: Investment banking fees, trading revenue, guidance tone
- Bank of America: Consumer spending trends, credit-card delinquency
- Citigroup: Restructuring progress, international exposure
- Wells Fargo: Mortgage & auto loan performance
Strong guidance + beat → risk-on rotation. Weak consumer data + cautious outlook → defensive rotation.
Market Volatility Drivers & Key Levels to Watch
| Asset | Current Level | Support | Resistance | Volatility Trigger |
|---|---|---|---|---|
| S&P 500 Futures | ~5,920 | 5,880 | 5,980–6,000 | CPI surprise / bank guidance |
| USD Index (DXY) | ~108.40 | 108.00 | 109.00 | Inflation hotter/cooler |
| Bitcoin (BTC) | ~$88,900 | $86,000 | $92,000 | Risk-on/risk-off flow |
| 10-Year Treasury Yield | ~4.38% | 4.30% | 4.50% | Rate-cut repricing |
Pros & Cons of Trading Volatility This Week
| Pros | Cons |
|---|---|
| High-volume opportunities on both sides | Whipsaws common during data releases |
| Clear catalysts → defined risk/reward | News flow can reverse moves quickly |
| Tapbit futures leverage available | Weekend gap risk |
FAQs – CPI, Bank Earnings & Market Volatility 2026
What time is U.S. CPI released?
January 14, 2026 – 21:30 JST (8:30 ET).
Which bank earnings are most important?
JPMorgan sets the tone; BofA & Citi provide consumer health clues.
Will hot CPI kill rate-cut hopes?
Likely delays March cut; markets would sell risk assets.
Conclusion
This week’s U.S. CPI data and major bank earnings are the biggest catalysts for market volatility in mid-January 2026. A hotter-than-expected inflation print or weak bank guidance could trigger sharp moves, while cooler CPI and strong results would fuel risk-on flows. Stay nimble and trade responsibly.
Monitor live prices and trade the volatility on Tapbit — low fees, high leverage, and fast execution.
Disclaimer: Not financial advice. Markets are highly volatile. Always do your own research. Data as of January 12, 2026.
