Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
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.
