Australia Bans Card Payment Surcharges Starting October 2025 
Bank of Japan Eyes Further Rate Hikes Amid Middle East Tensions and Inflation Pressures 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
In terms of volatility risks, this week is relatively light, however, there are some scheduled events and data that readers need to keep a tab on.
What to watch for over the coming days:
- Central banks:
The focus will be on Fed-organized Jackson Hole Symposium, where central bankers from around the world would share their views of the economy. The three-day event would begin on Thursday, August 23rd. Fed Chair Jerome Powell will be speaking on Friday.
- Geopolitics:
The United States is expected to announce fresh sanctions on Russia on Wednesday and to follow up this week by imposing 25 percent tariff on $16 billion Chinese imports. China is expected to retaliate in kind.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and the Korean peninsula are likely to keep influencing the market.
