This week's financial news preview.

This week, the market will focus on key economic data and minutes of central bank policy meetings in a number of countries and regions, with the following key points to watch this week.

Dollar movements

On Wednesday, the minutes of the Fed's FOMC meeting will be watched by the market。Recent economic indicators have sent mixed signals to markets and the Fed, and the minutes are likely to reinforce the market's focus and help markets recalibrate their bets on whether the Fed will cut rates in the first half of the year。

On Thursday, the market will focus on U.S. jobless claims and private sector purchasing managers' index (PMI) data.。The services PMI will likely have a bigger impact as it accounts for more than 70% of the US economy。Growth in service sector activity could reduce market bets on Fed rate cut in first half 2024。However, unemployment claims are also on the market's radar。Unexpected rise in jobless claims could spark market fears, increase bets on no rate cut。

In addition to the data, investors also need to pay attention to the speeches of Fed members。FOMC members Raphael Bostic (Wednesday), Michelle Bowman (Wednesday) and Christopher Waller (Friday) will speak as these officials' forward guidance on the economic outlook, inflation and the Fed's interest rate path will be of interest to the market。

Euro movements

On Wednesday, the euro zone's preliminary consumer confidence data is worth watching。Unexpected slide in consumer confidence could affect buyer demand for EUR / USD。

Preliminary PMIs data from France, Germany and the euro zone are more likely to affect EUR / USD on Thursday。Services account for more than 60% of the euro area economy, so the impact of the services PMI is even greater。However, investors must also consider other indices including prices and employment.。The upward trend in prices could lead the ECB to keep monetary policy unchanged in the short term.。

On Thursday, we also need to pay attention to the euro zone inflation data in January。Inflation has been the ECB's focus on interest rate targeting。

Pound movements

On Thursday, the UK's preliminary private sector purchasing managers' index for February will be the focus of the market.。UK services PMI will be more likely to affect sterling as services account for more than 70% of the UK economy。

However, the Bank of England's comments could also cause market volatility。UK Monetary Policy Committee member Swati Dhingra to speak on Wednesday。Recent UK economic indicators send a different message to the Bank of England。Tighter labour market conditions and retail sales growth offset weakness in UK inflation data。

其他

On Tuesday, Canada's January inflation data is worth the market's attention。Higher-than-expected inflation data could affect schedule and Canadian dollar for Bank of Canada rate cut。

Canadian retail sales figures also need attention on Thursday。The Bank of Canada has been focusing on demand-driven inflation.。Downward trend in retail sales could get Bank of Canada talking about rate cut。

In addition to this, investors need to pay attention to the weekly crude oil inventory data from the United States and the stimulus discussion from China, which may affect market sentiment on supply and demand.。