[Super Central Bank Week and Earnings Week Incoming: Rate Decisions from the U.S., U.K., and Japan, with Earnings Reports from Meta, Amazon, SK Hynix, and More] BlockBeats News, July 26: The surge in energy prices, new U.S. tariffs, and skyrocketing AI capital expenditures have once again sparked global investors' concerns about inflation. Brent crude oil surpassed $100 for the first time in two months, retreating to $98.38 on Friday but still posting a nearly 12% weekly gain. The market expects the Federal Reserve, Bank of England, and Bank of Japan to keep interest rates unchanged next week, though federal funds futures indicate a 35% probability of a 25-basis-point rate hike by the Federal Reserve next week, with a September hike fully priced in. On the macroeconomic front, next week will see rate decisions from the Federal Reserve, Bank of England, and Bank of Japan, along with the release of key data such as U.S. Q2 GDP, June Core PCE, Eurozone Q2 GDP, and July CPI. Key times to watch are as follows: - Tuesday, 20:15: U.S. ADP employment change for the week ending July 11. - Thursday, 02:00: Federal Reserve FOMC rate decision; 02:30: Federal Reserve Chair Powell's monetary policy press conference; 19:00: Bank of England rate decision, meeting minutes, and monetary policy report; 20:30: U.S. initial jobless claims, June Core PCE, personal spending, and Q2 GDP data release. - Friday: Bank of Japan rate decision and economic outlook report (specific time TBD); 14:30: Bank of Japan Governor Kazuo Ueda's press conference; 22:00: U.S. July University of Michigan Consumer Sentiment Index and final one-year inflation expectations. Meanwhile, SK Hynix will release its Q2 earnings report on July 29 at 8:00. Meta, Microsoft, Robinhood, Qualcomm, and Arm will release their earnings after the U.S. market closes on Wednesday, while Apple, Amazon, Coinbase, Reddit, and Roblox will release theirs after the U.S. market closes on Thursday. Investors will focus on tech giants' AI capital expenditures and return on investment. Alphabet has already raised its capital expenditure forecast for this year to $205 billion, sparking market concerns over its spending plans and negative free cash flow.