The European Central Bank (ECB) maintained its interest rates last week, signaling a steady approach amid economic uncertainties. In the United States, the January ADP employment report fell short of expectations, raising concerns about the labor market's recovery pace. This week, market participants are closely watching the upcoming U.S. non-farm payrolls data and the January Consumer Price Index (CPI) report. These indicators are expected to provide further insights into the economic health and inflation trends in the U.S., potentially influencing future monetary policy decisions.