This week is a quite risk-heavy, especially in terms of events.
What to watch for over the coming days:
- Central Banks:
Federal Reserve will organize three-day Jackson Hole Symposium, where Fed Reserve chair Janet Yellen and European Central Bank (ECB) chief Mario Draghi are scheduled to speak. Draghi’s speech is scheduled on Friday.
- Economic data:
Zew economic Survey on Tuesday. Flash PMI reports on Wednesday. Second quarter UK GDP on Thursday. Japan’s inflation report on Thursday.
- Geopolitics:
Korean Peninsula on high alert as US-South Korea begins 10-day military drills on Monday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East and Korean peninsula are likely to keep influencing the market.
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