In the US, investors will keep a close eye on appearances from several Fed officials for more clues on the size of the next interest rate hike and the level of the terminal fed funds rate, at a time fresh price data released Friday came in hotter than expected. On the data front, important economic releases include ISM PMIs for both manufacturing and services, durable goods orders, pending home sales, goods trade balance, S&P/Case-Shiller housing index and FHFA House Price Index, CB consumer confidence, regional PMIs from Dallas, Richmond and Chicago and final S&P Global PMIs.

Meanwhile, the earnings season is getting close to the end but Bayer, Berkshire Hathaway, Occidental Petroleum, HP, Target, Lowe’s, Merck, Kohl's, Salesforce and Zoom are still due to report next week.

Elsewhere in America, Canada GDP growth figures for Q4 are likely to show the economy grew at a slower annualized rate of 1.5% while in Brazil, forecasts point to a 0.1% contraction.

It will be a busy week in Europe, with investors waiting for the ECB monetary policy meeting accounts. Also, key reports on inflation and employment will be released for the Eurozone, Germany, France, Italy and Spain. The annual inflation rate in the Euro Area is expected to fall to a nine-month low of 8.2% in February and the jobless rate is seen steady at 6.6%. Also, S&P Global will publish final PMI data for manufacturing and services and some European countries will update Q4 GDP data including France and Italy while Switzerland and Turkey will release preliminary figures.

In the United Kingdom, the Bank of England's monetary indicators and Nationwide housing prices will be in the spotlight, alongside final S&P Global/CIPS PMIs. Investors will also keep an eye on comments from BoE Governor Bailey and Chief Economist Pill.

In China, all eyes will be on NBS and Caixin PMIs for an update on how the Chinese economy has responded to the reopening so far.

In Japan, confirmation hearings for the government's nominee for central bank governor, Kazuo Ueda will be in the spotlight. On the data front, it will be interesting to follow Tokyo inflation figures for February and national unemployment rate, retail sales, and industrial production for January.

In India, GDP growth figures are likely to show the economy grew 4.6% in October-December last year, well below 6.3% in the three months to September. S&P Global PMIs are also due.

In Australia, the focus will be on fourth quarter GDP growth, with the economy seen rising 0.9% compared to Q3. Investors will also keep an eye on retail sales and the monthly CPI indicator.