Asian Stocks Drop Amid Iran War Fears and BOJ Rate Hike Signals 
South Korea March Exports Expected to Surge to Near Five-Year High Amid AI-Driven Chip Demand 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Dollar Surges to Nine-Month High as Middle East Tensions Drive Safe-Haven Demand 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears 
Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control 
Australia Bans Card Payment Surcharges Starting October 2025 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
Oil Prices Surge Amid Middle East Tensions as Houthi Attacks Escalate Conflict 
Compared to last week, this week is more risk heavy, filled with central banks speakers.
What to watch for over the coming days:
- Jackson Hole:
The major focus for the week is on Jackson Hole symposium organized by Kansas City Fed and attended by central bankers and finance ministers around the world. So from Thursday, the focus of the market will be on the speeches from Jackson Hole. The Symposium had been used by former Fed President Ben Bernanke to announce changes in monetary policies; however, such actions are unlikely to come from Fed Chair Janet Yellen.
- GDP data:
This week’s most important economic data coming from the world is GDP. German second quarter GDP figure will be released on Wednesday, UK GDP figure for the second quarter will be released on Thursday and the same figure from the United States will be announced on Friday.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
