Investor attention next week will be focused on U.S. Labor data released on Wednesday and January inflation figures arriving on Friday, metrics that are proving crucial for President Donald Trump’s prospects in the upcoming midterm elections. Consumer prices in the U.S. Remained elevated at 2.7% year-over-year in December 2025, and analysts anticipate a slight decrease to +2.5% in January.
Economic calendars as well point to the release of fourth-quarter 2025 GDP data for the Eurozone on Friday and for Great Britain on Thursday. China’s consumer prices are expected to confirm the ongoing deflationary trend. Political developments will be in focus as well, with anticipated snap elections in Japan tomorrow, where conservative Prime Minister Sanae Takaichi is aiming for a decisive victory.
Monday, February 9
– Ministry of Economy and Finance: A preview of the 2026 numismatic collection will be presented at the Ministry of Economy, and Finance. The event will be hosted by Andrea Delogu, with remarks from Minister Giancarlo Giorgetti, IPZS President Paolo Perrone, and IPZS CEO Michele Sciscioli.
– Fiscal Policy: A conference titled “Tax Aspects for Businesses under the 2026 Budget Law,” organized by Assolombarda and Assonime.
Speakers will include Alvise Biffi, President of Assolombarda; Massimo Tononi, President of Assonime; and Maurizio Leo, Deputy Minister of Economy and Finance.
– Cariplo Foundation: Presentation of the 2026 Activity Plan.
Proposals and projects aimed at addressing needs and aspirations, alongside a meeting titled ‘Believing in the Future’ – Unicredit: Earnings and conference call.
– Banking: Conference: “Taxation within the Banking System and the New Unified Financial Code,” organized by the Guardia di Finanza Academy, featuring Antonio Patuelli, President of ABI; Marco Elio Rottigni, Director General of ABI; and Maurizio Leo, Deputy Minister of Economy.
– ECB: Christine Lagarde will participate in a plenary debate at the European Parliament on the state of the EU economy and the activities of the ECB.
Tuesday, February 10
– USA: December Retail Sales
– ISTAT: Presentation of centennial initiatives. With President Francesco Maria Chelli
– Bnl: Bnl Bnp Paribas meets with local stakeholders. New macroeconomic scenarios and their impact on the Central Territory. Participants include Elena Goitini, CEO of Bnl and Head of BNP Paribas in Italy, and Emanuele Orsini, President of Confindustria.
– Agriculture: Conference organized by Cia and Inac on the Agricultural Civil Service, “Youth, Values and Agriculture.” Minister of Agriculture, Food Sovereignty and Forestry, Francesco Lollobrigida will participate.
Milan: Press conference ‘Welcome to Southern Italy: Calabria, Sardinia, Sicily. The Wonder that Doesn’t Stop’. Featuring Minister of Tourism Daniela Santanchè, Enit CEO Ivana Jelinic; President of the Calabria Region, Roberto Occhiuto; Tourism Assessor of the Sicily Region, Elvira Amata; and Tourism Assessor of the Sardinia Region, Franco Cuccureddu; and Tourism Assessor of the Calabria Region, Giovanni Calabrese.
– MPS: Earnings and conference call with CEO Luigi Lovaglio – FS: Initiative for rebranding Frecciarossa. With Gianpiero Strisciuglio, CEO and General Manager of Trenitalia; Giuseppe Inchingolo, Chief Corporate Affairs, Communication & Sustainability Officer of FS Group; and Mario Alovisi, Marketing & Revenue Management Director of Trenitalia – Webuild: Press conference to present the Evolutio exhibition by Webuild. With Pietro Salini, CEO of Webuild and Fiorenzo Marco Galli, Director General of the National Science and Technology Museum.
– Construction: ‘City on Stage,’ the fourth edition of the diffuse festival of urban regeneration, promoted by Ance Associazione Mecenate 90 and Cidac with the patronage of In/Arch, featuring Ance Vice President Paola Malabaila, Regional Assessor for Transport, Urban Planning and Urban Regeneration, Marco Scajola, and Secretary General of Mecenate 90, Ledo Prato.
– Nuclear Energy: The joint Environment and Productive Activities Committees, as part of the examination, in the reporting seat, of bills delegating the Government in the matter of sustainable nuclear energy, will hold the following hearings: Giorgio Locatelli, full professor of Project Management at the Polytechnic University of Milan; representatives of Terra Innovatu; representatives of ITER – International Thermonuclear Experimental Reactor; representatives of the Inspectorate for Nuclear Safety and Radiation Protection (ISIN); representatives of Rina spa; representatives of the National Institute of Nuclear Physics (INFN); representatives of Renaissance Fusion Italia; representatives of Sogin spa; representatives of the Foundation for Sustainable Development.
– Milan: Event ‘BlackRock Investment Conference 2026’.
Wednesday, February 11
– China: January Inflation
– USA: January Employment and Unemployment Rate – USA: Weekly Petroleum Stocks
– ISTAT: December Industrial Production – Rome: Conference ‘Beyond Climate – Transformative Technologies for Environmental Security in the Age of Climate Change,’ organized by the Ministry of Environment and Energy Security. Participants include Gilberto Pichetto Fratin, Minister of Environment and Energy Security; Guido Crosetto, Minister of Defense; Tommaso Foti, Minister for European Affairs, Cohesion Policies and the PNRR; Francesco Lollobrigida, Minister of Agriculture, Food Sovereignty and Forests; Sebastiano Musumeci, Minister for Civil Protection and Maritime Policies; Alessio Butti, Undersecretary for Technological Innovation and Digital Transition; Lara Ponti, Vice President of Confindustria Nazionale; and Pietro Labriola, Vice President of Confindustria with responsibility for Digital.
– Labor: Conference “The Value of Invisible Function – Human Capital and Businesses for Well-being,” organized by Anip Con Maurizio Marchesini, Vice President of Confindustria for Labor and Industrial Relations.
– AI: SIOI conference, ‘The Challenge of Complexity between New Globalization and Artificial Intelligence’. Introduced by President Riccardo Sessa, Cardinal Matteo Zuppi, Francesca Viviani and Diego Brasioli and Marco Emanuele, authors of the volume “The New Time” will discuss.
– Businesses: Roadshow “Together for the Future of Businesses,” organized by Cassa Depositi e Prestiti and Confindustria. With Angelo Camilli, Vice President of Confindustria for Credit, Finance and Taxation.
– Intesa San Paolo: Guided tour of the exhibitions created for the cultural Olympics “Gianni Berengo Gardin. The Studio of Giorgio Morandi” and “The Road to Cortina. VII Winter Olympic Games 1956”.
– EssilorLuxottica, 2025 Results and conference call with CEO Milleri.
– Banca Generali: Earnings and conference call with CEO and GM Gian Maria Mossa and CFO and Head of Strategy Tommaso di Russo.
– AI: Leonardo Committee and Assolombarda present the “Artificial Intelligence Forum.” Participants include Alvise Biffi, President of Assolombarda, Sergio Domp (President of the Leonardo Committee and Matteo Zoppas, President of ICE and Coordinator of the AI Project of the Leonardo Committee. The event will conclude with a speech by the Minister of Enterprises and Made in Italy, Adolfo Urso.
Rome: The joint Environment and Productive Activities Committees, as part of the examination, in the reporting seat, of bills delegating the Government in the matter of sustainable nuclear energy, will hold the following hearings: Eni.
Thursday, February 12
– GB: Q4 2025 GDP and December Industrial Production
– Oil: Monthly AIE Report
– USA: Weekly Unemployment Claims – USA: Pending Home Sales
– Businesses: Conference on Corporate Governance organized by Assonime and OECD, on “The new frontiers for corporate governance”, with Fabrizio Testa, Antonio Tajani, Vittori Colao, Carmine Di Noia, Federico Freni, Piergaetano Marchetti, Andrea Sironi, Andrea Vismara.
– ECB: Piero Cipollone of the ECB Executive Committee will speak at a conference organized by the European Commission of the National Academy of Lincei.
– Fincantieri: ‘Capital Markets Day,’ presentation of the 2026-2030 Industrial Plan, with CEO and General Manager of Fincantieri, Pierroberto Folgiero.
Friday, February 13
– Spain: January Inflation
– Eurozone: December Trade Balance – Eurozone: Q4 GDP
– USA: January Inflation
– Bergamo: Confindustria Bergamo, Aerospace in Action event, to provide companies with an updated picture of European and national trends, market developments and geopolitical and security implications, with Fassi, Vice President of Confindustria Bergamo and Piantoni, Director General of Confindustria Bergamo.
