In addition to the trade disputes, the possible peace talks in the Ukraine-Russia conflict are likely to attract attention in the new trading week. From the perspective of the economic calendar, the Fed minutes in particular could be exciting. In the US, meanwhile, companies from the second and third tiers will present their figures.
Investors bet on peace talks in Ukraine-Russia conflict - trade conflict not off the table
According to media reports, peace talks in the Ukraine-Russia conflict are planned for next week in Saudi Arabia. US Secretary of State Marco Rubio and high-ranking representatives of Russia are to take part, according to reports. The aim is to discuss an end to the war. The European heads of state and government want to meet for a special summit in Paris in the new week, it was also reported.
It is important not to lose sight of the latest trade disputes. Just a week ago, Trump announced punitive tariffs on steel and aluminum imports, for example. New measures or an escalation of the tariff conflict could always come at the expense of risk appetite.
Focus on China data at the start of the week - "Fed minutes" could provide monetary policy clues on Wednesday
In the night from Sunday to Monday, China data is likely to provide important guidance for investors. In addition to retail sales, new data on industrial production will be published (03:00).
In the middle of the week, the so-called "FOMC Minutes" will be tapped for monetary policy hints (20:00). Following the Fed's most recent meeting at the end of January, investors are likely to be hoping for signals of a rate cut. However, Fed Chairman Jerome Powell did not signal any haste in terms of interest rate cuts last week before the Congressional Committee in Washington.
US data in focus - Various Fed members appear before the public
On Thursday, the initial claims for US unemployment benefits will first come into focus (14:30). In addition to the Philly Fed manufacturing index (14:30), various speeches by Fed representatives are also likely to attract interest. Speeches by Goolsbee from the Chicago Fed branch (15:45), Alberto Musalem (St. Louis/ 18:05), Michael Barr (Fed Vice Chairman/ 20:30) and Governor Adriana Kugler (23:00) are expected.
S&P purchasing managers round off the trading week - Alibaba Group and Berkshire Hathaway in focus
Friday, meanwhile, will be dominated by the publication of various S&P purchasing managers (15:45). New data is expected for the services, manufacturing and total sectors.
In the middle of the week, we will be looking at the figures from Etsy, on Thursday from Walmart and the Alibaba Group and on Friday from Berkshire Hathaway.
Dow Jones Industrial Average Index
Source: TradingView
