With the fourth quarter earnings reporting season wrapping up for corporate America, financial market participants will likely be focused on this week’s full docket of U.S. economic data and the latest flare-up in the European debt debacle in Greece. European debt markets outside of Greece will likely be in focus this week, as Italy, the Netherlands, France and Spain are slated to hold debt auctions. Central banks in Japan, Chile, and Sweden meet to set rates this week, with Sweden’s Riksbank expected to cut rates for a second time in two months after tightening monetary policy in 2010 and 2011. While the Federal Reserve’s (Fed) next policy meeting is not until mid- March, several Fed officials are scheduled to make public appearances this week, including Fed Chairman Ben Bernanke.
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