Monetary policy will remain in focus this week, with the minutes of the last Federal Reserve meeting due for release as well as the ECB's account of its January meeting. Flash PMIs are out on Thursday in most of the major economies, and these will provide useful insights into how economic activity is tracking this year. Locally, retail sales will be a highlight on Friday, while we'll see the results of the latest dairy auction midweek. The earnings season gets going on the NZX this week, with a plethora of companies due to announce results including Freightways, a2 Milk, EBOS Group, Auckland Airport, Scales and Port of Tauranga. The international reporting season is winding down, although all eyes will be on NVIDIA on Wednesday, while results from Air Liquide, Home Depot, Walmart and Nestle are also due.