Oil Prices Slip as Strait of Hormuz Disruptions and U.S. Inventory Data Keep Markets on Edge 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
US, Japan Reaffirm Strong Currency Coordination Amid Yen Volatility 
US Stock Futures Slip as Iran Tensions and Hot Inflation Data Pressure Wall Street 
Asian Currencies Slide as Indian Rupee Hits Record Low Amid Iran Tensions 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
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.
