BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Oil Prices Slip as Iran Talks and Strong Supply Outlook Ease Market Concerns 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
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.
