Central Bankers Converge on Jackson Hole as Global Markets Await Key Data

This week is packed with significant economic events and announcements that will shape global markets. The Kansas City Fed's annual economic symposium in Jackson Hole is a major highlight, where central bankers and economists will gather to discuss key policy issues.

On Monday, China Petroleum & Chemical Corporation (Sinopec) will hold a briefing to discuss its first-half results, while Ukraine marks Independence Day with President Volodymyr Zelenskyy expected to address the nation. In Norway, the ONS International Energy Conference in Stavanger will focus on geopolitics, energy security, and climate issues.

On Tuesday, the Reserve Bank of Australia (RBA) minutes will be released, followed by RBA Head of Domestic Markets David Jacobs' speech in Sydney. Germany's Q2 GDP (final estimate) and IFO August business climate will also be announced, as well as Hungary's rate decision and the Riksbank's minutes.

On Wednesday, China's National People's Congress Standing Committee will hold a meeting to review reports on the country's economic and social development. The Reserve Bank of Korea (BoK) will also meet, while Nvidia is expected to announce its earnings. Japan's July PPI Services, Australia's July CPI, and South Carolina's special Republican primary runoff for US Senate will take place.

On Thursday, China's industrial profits and Vanke earnings will be released, as well as the Bank of Japan's Deputy Governor Ryozo Himino's speech in Saitama. The Philippines' rate decision and Germany's September GfK consumer confidence will also be announced.

On Friday, Japan's unemployment rate and Tokyo's August CPI will be released, along with France's Q2 GDP (final estimate) and Spain's August CPI. The US BLS preliminary benchmark payrolls revision will also be announced, as well as Nvidia's earnings.