The new week will be quieter in terms of economic data releases, however there is still a lot to deal with after last week's Fed rate hike and strong non-farm payrolls report.

Here are the top five things to watch this week.

1. Federal Reserve Chairman's speech

Federal Reserve Chairman Jerome Powell will speak on Tuesday, which will be closely watched by markets, especially after the release of the U.S. jobs report on Friday.

The report reported 517,000 new jobs, about three times as many as expected, and forced investors to adjust their expectations for how hawkish the Federal Reserve may have to be in controlling inflation. The same data could give the central bank more leeway to continue raising interest rates, a move investors fear could tip the economy into recession.

On Tuesday, U.S. jobless claims will be released, and several Fed officials will also be in attendance.

2. Earnings season

Earnings season continues, with media and consumer stocks at the forefront.

Earnings releases include:

Walt Disney (NYSE: DIS) and The New York Times (NYSE: NYT), scheduled for Wednesday; News Corp. (NASDAQ: NWSA), PepsiCo Inc. (NASDAQ: PEP) and Kellogg Co. (NYSE: K) will be released on Thursday, which will provide insight into how consumers are responding to inflation.

More than 90 S&P 500 companies are expected to release earnings in the coming week, while 190 have already reported.

3. Issued by the Reserve Bank of Australia

Back in November, the RBA raised interest rates by 25bps, less than expected, amid concerns about the impact of recent increases on the Australian economy and housing market.

In December, the bank raised rates again by 25 basis points, pushing the headline rate to 3.1 percent, while warning that it could raise rates in the coming months.

Now, the market expects the Reserve Bank of Australia to raise interest rates by another 25 basis points on Tuesday. This comes after inflation climbed to its highest level in 33 years last quarter, despite an aggressive tightening campaign by the Reserve Bank of Australia.

In other data released, retail sales fell by the most since the Great Pandemic, and home prices suffered their biggest drop in more than 40 years.

Regarding the Australian dollar, as long as China reopens as planned, the currency should push higher.

4. Eurozone news

After last week's 50 basis point rate hike, comments from ECB officials will be closely watched. A further rate rise is all but promised for March.

Christine Lagarde, president of the European Central Bank, cited high core inflation to explain why "we have more to do and we are not done yet."

Germany will release January inflation data on Thursday. Economists expect it to accelerate again.

Ahead of that, Germany will release factory orders data today, followed by an industrial production report on Tuesday.

5. British News

The UK will release GDP figures on Friday, which are expected to show the economy slowed in the fourth quarter and narrowly avoided recession.

Last week, the Bank of England said Britain was still in the midst of a recession this year, but the impact was likely to be smaller than previously thought, mainly due to lower energy prices and weaker market interest rate expectations.

The Bank of England raised interest rates for the 10th time in a row on Thursday. Others say the tide is turning in the fight against inflation.

Britain's economy has been hit by an energy crisis following Russia's invasion of Ukraine. It has also seen a decline in the size of its workforce as a result of Brexit, depressed business investment and weak productivity growth.以上翻译结果来自有道神经网络翻译（YNMT）· 通用场景