Next week's heavy schedule: China's GDP, "the Federal Reserve's favorite inflation indicator," Bank of Japan's decision, Winter Davos
The Federal Reserve's favorite inflation indicator, PCE, is released, and Morgan Stanley warns that the data will rebound significantly; China's GDP, retail sales, and other key data for the fourth quarter and the whole year are published. In terms of events, the Bank of Japan holds a monetary policy meeting, and the Prime Minister may announce the dissolution of the House of Representatives; the Davos Forum is held, with Jensen Huang, Donald Trump, and others in attendance; the independence of the Federal Reserve will face a major test as the Supreme Court hears the case of Fed Governor Cook. In terms of earnings reports, Intel and Netflix, among others, will release their performance. Additionally, close attention should be paid to the evolving geopolitical situation in the Middle East and Latin America
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