Laissez les bons temps rouler! With America still recovering from its bacchanalia of football, wings and Taylor Swift, Mardi Gras season in New Orleans reaches its peak this week. On Feb. 13, the party wraps the same day investors are hoping the market will toss them some beads with inflation data that isn't too fat. Investors across the pond hope their hearts won't be broken Feb. 14 when U.K. consumer price index is revealed.
Asia is also in party mode, as much of the region is celebrating the Lunar New Year. The festivities typically bring a surge in consumer spending as tens of millions of people travel from cities to their hometowns in rural areas to spend the holidays with family, which investors in China hope will boost consumer spending and sentiment.