U.S. stock and bond markets are closed for President’s Day.

Release of Japan’s fourth-quarter 2014 GDP will show if the world’s No. 3 economy remains in recession. This comes a day before a monetary policy meeting by the Bank of Japan.


The National Association of Home Builders releases housing market index for February.


The U.S. Labor Department releases the Producer Price Index for January.

The U.S. Commerce Department releases housing starts for January.

The Federal Reserve releases industrial production for January and minutes from its January interest-rate meeting.


U.S. Labor Department releases weekly jobless claims.

Freddie Mac, the mortgage company, releases weekly mortgage rates.

Japan trade data for January will likely show the impact of lower oil prices, though that will be dented by a weakening of the yen against the dollar.