Fundamentals to watch out for this week
Source: FxWire Pro - Commentary / 20 Aug 2018 10:06:22 America/New_York
In terms of volatility risks, this week is relatively light, however, there are some scheduled events and data that readers need to keep a tab on.
What to watch for over the coming days:
- Central banks:
The focus will be on Fed-organized Jackson Hole Symposium, where central bankers from around the world would share their views of the economy. The three-day event would begin on Thursday, August 23rd. Fed Chair Jerome Powell will be speaking on Friday.
The United States is expected to announce fresh sanctions on Russia on Wednesday and to follow up this week by imposing 25 percent tariff on $16 billion Chinese imports. China is expected to retaliate in kind.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and the Korean peninsula are likely to keep influencing the market.© FxWire Pro 2018. All rights reserved. The FxWire Pro content received through this service is the intellectual property of FxWire Pro or its third party suppliers. Republication or redistribution of content provided by FxWire Pro is expressly prohibited without the prior written consent of FxWire Pro, except for personal and non-commercial use. Neither FxWire Pro nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon.