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Jackson Hole back on the agenda
The week ahead should be lively with some top-tier data and news on the agenda. Here are a few things to watch out for.
Monday:
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Eurozone construction output
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The BOC’s Wilkins speaks in Frankfurt
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Fed’s Bostic speaks in Tennessee
Tuesday:
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A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will meet U.S. representatives led by Treasury Under Secretary for International Affairs David Malpass in the first round of low-level talks on trade. Two days of meetings are planned.
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RBA Governor Lowe speaks in Canberra
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UK public finances
Wednesday:
Thursday:
Friday:
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New Zealand trade balance
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Japan CPI
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German final Q2 GDP
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US durable goods orders
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Fed Chairman Powell attends his first Jackson Hole symposium and will speak about “monetary policy in a changing economy”.
Other events:
The US and Mexico both touted progress on autos at NAFTA meetings. There are still a few sticky issues but they may be able to close the file early in the week. That would set up three-party talks and a potential conclusion in the weeks ahead.