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.


Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist
Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 



