Monetary policy decisions from three major central banks are announced this week, and topping the bill is the Bank of England (BoE), where a surprisingly strong fourth-quarter growth reading could make the outcome a little more interesting.
Further down the card are policy announcements from the Reserve Banks of both Australia and New Zealand, where economic growth has recently benefitted from rising commodity prices.
Bank of England rate call
The BoE's chief policy remit is price stability, but since the financial crisis the central bank has taken on a dual mandate of tackling inflation while ensuring policy settings are also appropriate for generating economic growth.
For several months consumer price inflation has been above the Bank's official 2% target - peaking in November at 3.1% - but just one rate increase so far - a quarter-point hike in November to 0.5%.
The Bank accepts that growth risks are skewed to the downside and doesn't want to add to these risks. While higher inflation and low wages is putting pressure on consumer spending-led growth, higher interest rates could act as a further brake to those whose spending has been funded by credit.
But, recent news on the economy has been more encouraging as gross domestic product growth accelerated to 0.5% in the fourth quarter, and some believe that as inflation dips and wage growth picks up, consumer spending will contribute further to the economic recovery.
"Overall, we expect GDP growth of around 2% this year," says Andrew Kenningham at Capital Economics.
"The upshot is that we think the Bank of England will raise interest rates more than markets are expecting in the coming months."
With the markets currently only expecting a single hike this year, no-one expects a move at Thursday's meeting. However, any signs from BoE minutes that the monetary policy committee is becoming more hawkish should provide the pound more support.
Australia and New Zealand policy meetings
There's also little possibility of Australia's Reserve Bank (RBA) moving rates higher than the current 1.5% on Tuesday.
Inflation, despite higher commodity prices, remains below target, but the RBA won't want to appear too far behind the curve in case of a boom in industrial metals demand.
"We would need to see a shift lower in the unemployment rate, some traction on wages and perhaps a lower Aussie dollar to support our case for a start in the normalisation process to begin as soon as May," says Tony Morriss at Bank of America Merrill Lynch.
A confident and upbeat statement from the RBA would lend support to the A$.
New Zealand's main rate - even at a record low of 1.75% - puts the RBNZ at a head start on the path to policy normalisation over most rival central banks. Most analysts expect a dovish response to Thursday's rate call and expect to see the NZ dollar under pressure.
Germany factory orders and industrial production
Can the German powerhouse maintain its strength into the final month of 2017. These numbers are expected to show that demands on factories ramped up over the key Christmas period, but that production itself slowed down due to the fewer working days in the month.
Purchasing managers in the manufacturing sector have already reported that growth in business activity slowed in January - albeit only slightly, and from record levels in the previous month.
The factory orders report is published on Tuesday, while industrial production data is out on Wednesday.
The euro - strong throughout 2017 - has already seen some weakening thus far in 2018, and could now be starting to become more sensitive to economic fundamentals. Watch the eurozone data in the coming weeks.
Best of the rest
UK house prices are a national obsession and this week we get two measures: Halifax's house price index for January is published on Wednesday, and already analysts believe it will back up Nationwide's measure, published last week, showing an unexpected tick higher. The house price balance from the Royal Institution of Chartered Surveyors is published on Thursday.
Purchasing managers reveal their findings on the services sectors in the UK, eurozone and US on Monday.
Trade balance data from US is on Tuesday, while Germany's is on Thursday and the UK's on Friday. Also in the UK on Friday is the December report on industrial and manufacturing production.
It's a big week for US media companies, led on Thursday by social-media giant Twitter. On Tuesday its Walt Disney, Wednesday sees 21st Century Fox and Thursday is News Corp and Viacom.
In other sectors, we see Bristol-Myers Squibb report on Monday, General Motors on Tuesday and Tesla on Wednesday. Dow Chemicals and Philip Morris International report on Thursday and Moody's is on Friday.
In the UK, on Tuesday, oil giant BP is followed by diversified commodity producer Rio Tinto on Wednesday and Tullow Oil on the same day. Also on Wednesday is GlaxoSmithKline followed on Thursday by Smith & Nephew and Thomas Cook.