Weekly Global Economic Preview: Markets eye AI earnings, inflation tests, and key policy calls

Global markets face a high-stakes week as earnings, inflation data, and central bank decisions collide. Results and guidance from Nvidia will be pivotal as a bellwether for global AI demand that has fueled recent US equity gains. Investors will also track US producer prices, housing costs, consumer confidence, and regional Federal Reserve indicators, alongside inflation data from Germany, France, Australia, and Singapore. Fourth-quarter GDP releases from Canada, Switzerland, India, and Turkey will shape the global growth outlook, while policy decisions from the People's Bank of China and the Bank of Korea add further direction.

United States of America:

In the United States, earnings momentum remains a key driver, with major corporate results reinforcing or challenging optimism around technology and consumer demand. Markets will also closely follow US producer price data, housing indicators, and consumer confidence surveys for clues on underlying inflation pressures. Speeches from Federal Reserve officials will be parsed carefully after recent meeting minutes revealed divisions over the timing and pace of potential rate cuts. Elsewhere in the region, Canada’s fourth-quarter GDP will provide a snapshot of growth resilience, while data from Mexico and Brazil will shed light on trade and labor market conditions.

Europe:

European markets will focus on preliminary February inflation readings from major economies, particularly Germany and France, as investors gauge progress toward price stability. Business and consumer sentiment indicators, including Germany’s Ifo index, are expected to offer insight into whether economic momentum is stabilizing after a soft period. Additional attention will fall on labor market data and GDP figures from Switzerland and Turkey, while UK releases on housing and consumer confidence will round out the regional picture.

Asia-Pacific:

In Asia, attention turns to growth and inflation dynamics as China returns from the Lunar New Year holiday, with the People's Bank of China expected to keep key lending rates unchanged. Japan’s industrial production and inflation data will be closely watched for signs of sustained recovery, while India’s GDP release will be pivotal for assessing domestic demand strength. Inflation figures from Australia and Singapore, along with policy decisions from the Bank of Korea and Thailand’s central bank, will further shape the regional outlook.

Powered by Commodity Insights