🗣 In a relatively quiet, holiday-shortened week, companies reporting quarterly earnings include Lululemon and Slack today; American Eagle Outfitters on Wednesday; Chewy, Oracle and Peloton on Thursday; and Kroger on Friday.
🇨🇦🇪🇺 The Bank of Canada and European Central Bank hold policy meetings on Wednesday and Thursday, respectively. No changes to interest rates are expected, but analysts will be poring over the post-meeting comments and statements for clues on the course of economic recovery.
📈 Economists will focus on U.S. inflation data, with producer prices out on Thursday and consumer prices on Friday. The Fed’s recent rethink of how it balances inflation with job growth will put extra attention on these monthly stats.