Key events this week:



Monday:
- EU stock markets react to Trump’s 10% EU tariffs
- US markets closed for MLK Day

Wednesday
- December Pending Home Sales data

Thursday:
- US Q3 2025 GDP data
- November PCE Inflation data

Friday:
- January S&P Global PMI data

Expect a data and earnings-heavy week, with about 10% of S&P 500 companies reporting earnings.
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