Next week, global markets will face a series of significant economic reports and central bank policy decisions, described as a “data bombardment.” The U.S. Federal Reserve will release details of its January monetary policy meeting, providing insights into the likelihood of interest rate cuts in 2026. By the end of the week, the initial GDP report for the fourth quarter of the U.S. economy and the core personal consumption expenditures index, the Fed’s preferred inflation gauge, will be published. Should this index exceed expectations, it could slow the pace of policy easing throughout the year.
Central bank activities will remain a focal point, with several senior Federal Reserve officials sharing their views. The Reserve Banks of Australia and New Zealand will announce their meeting outcomes and interest rate decisions. Market consensus expects New Zealand to maintain its current policy, while Australia’s central bank may emphasize inflationary pressures.
In the commodities market, gold prices have experienced volatility, rebounding sharply after last week’s significant decline. Oil prices have also fluctuated amid speculation that OPEC Plus may increase production in April. The U.S. dollar’s movement is critical; if it does not reach new lows, it could remain strong, especially with trade tariff decisions approaching. Demand for U.S. Treasury bonds is rising, indicating potential asset reallocation.
A major legal development is pending as the U.S. Supreme Court is set to rule on February 20 regarding President Donald Trump’s “Liberation Day” trade tariff policy. An adverse ruling could have profound implications for trade policies and global commerce.
In the corporate sector, the earnings season is nearing its end, with Walmart scheduled to release its fourth-quarter financial report. Attention will focus on its e-commerce growth, use of artificial intelligence, and revenue impacts, as this report could influence sentiment in the retail sector and broader markets.
Source: binance
