This week promises a whirlwind of action for global markets as traders focus on pivotal events and data. President Trump's policy announcements are set to dominate headlines, while key central banks take center stage. The Federal Reserve is expected to hold steady on rates, but the ECB and Bank of Canada are likely to deliver a 25-basis-point rate cut. Adding to the excitement, Brazil and Sweden will also unveil their monetary policy decisions.
Economic data will be in the spotlight, with GDP figures rolling in from the US, Eurozone, and major players like Germany, France, Italy, and Spain. In the US, PCE data will provide key inflation insights, while Germany, France, and Spain release their preliminary CPI figures. Australia’s quarterly CPI will offer a fresh view on inflation trends.
Although China’s markets are closed from Tuesday for Lunar New Year celebrations, official PMI data will still draw attention for its global economic implications. On the corporate front, megacaps Microsoft, Meta, Tesla, and Apple are set to reveal their quarterly earnings, offering vital clues on tech sector resilience amidst market uncertainty.
With high-stakes events and data pouring in, this week is shaping up to be a critical one for market direction.