The coming week will be packed with high-profile events, ranging from politics to the economy.
One of the most anticipated events is the call between United States President Donald Trump and his Russian counterpart Vladimir Putin, which is set to happen next week, as announced by US Special Envoy to the Middle East Steve Witkoff. The two leaders are expected to discuss a possible settlement of the Ukraine conflict and the restoration of bilateral relations between Washington and Moscow. Another political event that will capture global attention will be the European Union summit to be held on March 20-21, where European leaders will address the competitiveness issue but also the situation in Ukraine and the bloc's support for the war-torn country.
In addition, several central banks' monetary policy decisions will shape market sentiment. The most anticipated decision is coming from the Federal Reserve, which is widely expected to leave the interest rate unchanged at its meeting on Wednesday. The Bank of England, the Bank of Japan, and the People's Bank of China are also set to reveal their monetary policy decisions.
In business, the earnings season is entering its final stage, with Tencent, XPeng, Xiaomi, Tencent Music, Fedex, and Nike among those set to report their latest financial results throughout the week.
