Key Economic Events And Data Releases For The Week

According to BlockBeats, several significant macroeconomic events and data releases are scheduled for this week. On Monday, speeches will be delivered by European Central Bank Governing Council member Joachim Nagel, Federal Reserve Governor Michelle Bowman, and Federal Reserve President Patrick Harker. U.S. stock markets will be closed for Presidents' Day, and trading for precious metals and U.S. crude oil futures on the Chicago Mercantile Exchange will conclude early at 03:30 UTC+8, with stock index futures ending at 02:00 UTC+8. Tuesday will see the Reserve Bank of Australia announce its interest rate decision, followed by a monetary policy press conference led by Governor Philip Lowe. Additionally, Bank of England Governor Andrew Bailey, Federal Reserve President Mary Daly, European Central Bank Governing Council member Robert Holzmann, and Executive Board member Fabio Panetta are scheduled to speak. On Thursday, the U.S. will release its weekly API crude oil inventory data. The Federal Reserve will publish the minutes from its January monetary policy meeting, with further remarks expected from Federal Reserve President Austan Goolsbee. Friday's agenda includes Japan's January Consumer Price Index (CPI) and the UK's February Gfk Consumer Confidence Index. The UK will also release its January seasonally adjusted retail sales figures. Preliminary February Purchasing Managers' Index (PMI) data for manufacturing and services will be released for France, Germany, the Eurozone, and the UK. In the U.S., preliminary February PMI data for manufacturing and services will be published, along with the final February University of Michigan Consumer Sentiment Index and the final one-year inflation rate expectations.