Concerns intensified after the Federal Open Market Committee (FOMC) released the Minutes of the January meeting, which showed officials are worried about the potential effects of tariffs on the economy. The focus shifts now to the Hamburg Commercial Bank (HCOB) and S&P Global preliminary estimates of the February Purchasing Managers’ Indexes (PMIs) for most major economies. The PMI reports are a measure of local economic health. The US will also release the final estimate of the January Michigan Consumer Sentiment Index, while a couple of Federal Reserve (Fed) speakers will hit the wires