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.


East Germany Narrows Economic Gap With West but Wealth Divide Persists
BOJ Raises Interest Rate to 31-Year High as Yen Weakens
Mexico Pushes for US Trade Deal Before Midterms
Yen Sinks as BOJ Rate Hike Fails to Impress Markets
Asian Stocks Rise as Oil Falls, BOJ Rate Decision in Focus
JPMorgan Sees ECB Raising Rates to 2.75% in December
Canada Eyes India Trade Deal by Year-End
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade
Bolivia Approves $1.9 Billion IMF Financing Deal
ECB Rate Hike in Focus as Oil Tops $100
Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed 



