Investors are awaiting a number of important events and data during this week, which begins on February 19 and ends on February 23, which may significantly affect market movements. The following are the most prominent events and data scheduled to be released this week; in Greenwich Mean Time:

Tuesday

Reserve Bank of Australia Meeting Minutes:

The minutes of the Reserve Bank of Australia's Monetary Policy Committee meeting on February 1 are released at 12:30 am. The minutes usually provide more detail on what happened during the Monetary Policy Committee meeting and some of the individual views of the Reserve Bank of Australia members, which may influence the movements of the Australian dollar.

Interest Statement in China:

It will be released at 01:15 AM, and the bank is expected to maintain the key lending rate on one-year loans, while cutting the key interest rate on five-year loans from 4.20% to 4.10%.

Canadian inflation data:

Released at 1:30 p.m., the annual headline inflation rate is expected to decline to 3.2% in January, and inflation data is expected to have a significant impact on the Canadian dollar's movements.

Bank of England Monetary Policy Hearing Before UK Parliament:

Throughout the day, members of the Bank of England's Monetary Policy Committee are due to be questioned about the bank's recent decisions, and some of these comments could affect the pound's movements.

Wednesday

Australian wage price index:

It is released at 01:30 am and measures changes in wage prices, and usually affects the movements of the Australian dollar, as wage data is one of the main drivers of inflation, which the Reserve Bank of Australia takes into account when deciding interest rates.

US Federal Reserve Meeting Minutes:

It is issued at 07:00 pm, and covers in detail the most important statements made by members of the Federal Open Market Committee during the monetary policy meeting at the end of last January, and usually greatly affects the movements of the US dollar, gold, oil, and other commodities and assets.

Thursday

Eurozone PMI Preliminary Reading:

First, it will be issued for France at 08:25 am, then for Germany at 08:30 am, then the indicators for the entire eurozone will be issued at 09:00 am. It is expected that the contraction in the services and manufacturing sectors of the region will decrease, and these indicators usually have a significant impact on the movements of the euro.

UK PMI Preliminary Reading:

It will be released at 09:30 am, and expectations indicate a slight improvement from previous readings as the UK manufacturing sector continues to contract, and these indicators usually affect the movements of the British pound.

US unemployment benefits:

It will be released at 1:30 p.m. for the week ending February 16, and Wall Street is forecasting that the U.S. labor market could see an increase of about 217,000 applications for U.S. unemployment benefits during that period.

Canadian retail sales:

Coming at 1:30 p.m., the data is expected to show an improvement in retail sales in December, which could impact the movements of the Canadian dollar.

Preliminary reading of US PMI:

It will be issued at 02:45 PM by S&P Global, and expectations indicate a slowdown in the growth of the manufacturing and service sectors in the United States during the current month of February, and these indicators usually affect the movements of the US dollar.