The European Central Bank (ECB) is expected to maintain its current interest rates at its upcoming meeting, opting to delay any potential cuts despite economic pressures from U.S. President Donald Trump's tariffs on the European Union. Analysts suggest the ECB is choosing to monitor the situation rather than respond immediately to the trade tensions. This cautious approach comes amid a week packed with key economic events globally, including the Federal Reserve Chair Jerome Powell's speech, U.S. economic data releases such as existing and new home sales, manufacturing and services PMIs, durable goods orders, and corporate earnings reports from about 15% of S&P 500 companies. Other notable events include central bank meetings in Turkey and Russia, China's loan prime rate announcement, the EU-China summit, and the Japanese Upper House election. Market participants are closely watching these developments to gauge the broader economic outlook amid ongoing geopolitical and trade uncertainties.