After a major bank's failure, investors are concerned about U.S. inflation data, which will be a significant indicator for the market that's already facing pressure due to the Federal Reserve's efforts to control inflation.
Read MoreThe US jobs report for February, which will be released on Friday, is expected to provide more information on the condition of the labor market. Investors will also be paying close attention to the Congressional testimony of Federal Reserve Chairman Jerome Powell to gain new perspectives on the future direction of interest rates. Volatility is expected to continue in equity markets, and central banks in Japan, Canada, and Australia will hold meetings. Additionally, data from the UK will reveal how the economy fared at the beginning of the year.
Read MoreThis week, various economic data releases in the United States and Europe will provide valuable information about the future direction of interest rates. Additionally, the Purchasing Managers' Index (PMI) data from China will reveal how well the country's economy is doing following the Lunar New Year celebrations. Investors will keep an eye out for any indications of a more aggressive monetary policy by the Federal Reserve, and there will be more earnings reports from the retail sector. Here's a brief summary of what to expect in the upcoming week.
Read MoreAlthough it's a quiet week on the economic calendar, there are several important events for markets to keep an eye on.
Read MoreThis week promises to be busy with three major central banks holding meetings and three leading US companies announcing earnings.
Read MoreThe U.S. debt limit is likely to have a significant impact on financial markets.
Read MoreLast week, the US CPI data was in line with expectations, which caused the DXY to not fluctuate much and had a positive impact on precious metals, stock indices, and major currency pairs.
Read MoreThe Consumer Price Index (CPI) for December will be released on Thursday and is expected to impact predictions on whether the Federal Reserve will increase interest rates by 0.25% or 0.50% in the beginning of the following month.
Read MoreInternational Monetary Fund (IMF) President Kristalina Georgieva made evaluations about the global economy in an interview with CBS television.
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