BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
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.
