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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.
- Geopolitics:
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.
