Minutes from the last Federal Open Market Committee (FOMC) meeting, global services purchasing managers indexes (PMIs), China’s inflation, and the monetary policy of the Reserve Bank of Australia (RBA) and the Reserve Bank of India (RBI) will be in the spotlight this week. Investors will also turn their attention to any negotiations between Democrats and Republicans over President Joe Biden’s $2 trillion infrastructure plan and coronavirus figures, especially in Europe, where infections are rising, and countries are tightening restrictions.

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