Here's what is coming up in the US session this week.
Monday:
With the week looking quiet, Monday does bring ECB's Pres. Lagarde giving introductory remarks at the European Parliament's Economic and Monetary Affairs Committee at 10:45AM ET. This follows the ECB rate decision last week.
We also do have the US Consumer Credit at 15:00 ET.
Tuesday:
08:30 AM ET brings us thee US International trade and Canadian Trade Balance data.
ECB's Villeroy is also due to make remarks at 12:00PM ET, before the day closes off with the weekly US API Stock Change data at 16:30 ET.
Wednesday:
At 08:10 AM ET we have BoE's Pill speaking, followed by BoC's Gravelle at 10:00AM ET.
Wednesday brings the only two Fed speakers of the week thus far, with Fed's Bowman speaking at 10:30 AM ET, as well as the US EIA data.
Following that, Fed's Mester speaks at 12:00PM ET. BoC's Gov. Tiff Macklem is also due to speak at 12:00PM ET.
Thursday:
Pre-market on Thursday brings Twitter's $TWTR earnings.
ECB's Lane starts the day speaking at 08:15AM ET, followed by the important release of the week.
US CPI data is coming at 08:30 AM ET Thursday,
" The consumer price index probably jumped 7.3% in January from a year ago, the largest annual advance since early 1982, according to the median projection in a Bloomberg survey of economists. Excluding volatile energy and food categories, the CPI is projected to have risen 5.9%." - Source: TIME https://time.com/6145580/u-s-inflation/
BoE's Gov. Bailey is also due to speak, this follows the BoE's choice to hike rates by 25 BP in last week's rate decision. BoE members voted 5/4 for a 25 BP hike, with four members voting for a 50 BP hike. Bailey may make comments about these discussions in this speech.
Friday:
The end of the week is looking relatively quiet, with the University of Michigan data at 10:00AM ET & Baker Hughes data at 13:00 ET.
