Nvidia’s earnings and guidance next week will act as a key bellwether for global AI demand, which has been a major driver of US equity markets in recent quarters. In the United States, the data calendar is led by producer prices, housing price indices, consumer confidence surveys, and leading indicators from regional Federal Reserve banks. Inflation dynamics will be in focus in Germany, France, Australia, and Singapore, where new consumer price data are due. Fourth-quarter GDP figures are scheduled for release in Canada, Switzerland, India, and Turkey. In Asia, the People’s Bank of China will set its benchmark prime lending rates as the world’s second-largest economy returns from the Lunar New Year holiday, while the Bank of Korea will also announce a policy decision.