From Yahoo Finance:

This week, inflation is the focus for European and global markets, with the U.S. expected to see a rise in core PCE prices of 0.4%, possibly reaching 0.5%. The Fed may not see a rate cut until June due to the increase in inflation, and the market sees little chance of a rate cut in Europe. Japan’s CPI is forecasted to slow to 1.8%, but the core measure remains above the Bank of Japan’s 2% target. All eyes are on U.S. Treasury supply and the risk of a government shutdown if a borrowing extension is not agreed upon. Friday brings data on China PMI and the U.S. ISM manufacturing survey.



Read more at Yahoo Finance: Markets brace for inflation trifecta