We expect Monday to be rather quiet as the markets in the United States take a holiday due to the occasion of President's day, and also a holiday for Canadian banks.
But this week will see some earnings and economic updates that may affect the future decisions of the US Federal Reserve on interest rates.
The Federal Open Market Committee (FOMC) will release the minutes of its latest monetary policy meeting on Wednesday.
On Tuesday, a big action will be taken before the trading session, as both Barclays and Walmart will present their earnings report earlier in the day.
HSBC shares are scheduled to be rolled out to the introductory market on Wednesday, followed by Rivian and the main event of the week, Nvidia will be at the closing bell on Wall Street, which will show whether Nvidia is able to retain the advantage of the first mover in the field of artificial intelligence chips, and it will be key to keep the stock price in a continuous uptrend.
On Thursday, we will also have some important companies such as Lenovo, Mercedes Benz and Moderna, who will announce their quarterly figures as early as the opening of the US session.
