Markets are heading into a data-heavy week after unexpectedly weak U.S. employment figures last week eased expectations for further rate hikes. The main focus is Wednesday's release of U.S. July CPI and PPI data, which may offer clearer signals on the Federal Reserve's next policy steps. Investors are also tracking a busy earnings schedule led by optical module makers Lumentum and Coherent, AI computing infrastructure provider CoreWeave, Cisco and Applied Materials, as the semiconductor reporting season draws to a close. The calendar also includes the Bank of Japan's summary of opinions from its July monetary policy meeting, weekly ADP employment data, EIA (U.S. energy statistics agency) crude inventories, U.S. jobless claims, retail sales, and the University of Michigan's preliminary August consumer sentiment and inflation expectations. Several Federal Reserve officials, including 2026 FOMC voter and Cleveland Fed President Hammack and 2027 FOMC voter and Richmond Fed President Barkin, are also scheduled to speak.