The S&P 500 finished last week on a downer, taking losses in the year so far to almost 10%, thanks to ongoing fears that Russia will invade its neighbour Ukraine in the coming days.
Those geopolitical concerns mean that news on the pandemic has taken a back seat, but there are developments there, too.
The next big question for UK investors is whether the Bank of England will push ahead with yet another rate hike in March following rises at the last two monetary policy meetings.
They have been hurt by inflation eroding the future value of their earnings, which has made up such a large part of their value up to now.
It’s been a better year so far for value-oriented, cyclical parts of the stock market – and there will be news of some of those this week.
Some banks will also report, with earnings due to be released by HSBC, Barclays, Lloyds and Metro Bank.
Finally, one company grabbing headlines this week may well be Centrica, the owner of British Gas.
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