Markets Buckle Up for Busy Week Ahead

The financial markets are bracing for a busy week ahead as traders return from their summer break. A key gathering of central bankers at the G20 meeting in North Carolina will draw attention, with Japan's finance minister and Governor Kazuo Ueda of the Bank of Japan expected to attend.

Investors are also keeping an eye on the US Treasury market, where there have been concerns about 'dollar debasement' due to potential bond buybacks. The idea is that if the US caps long-term borrowing costs, investors will price in worries about a $40-trillion debt pile and policy uncertainty, which could weaken the dollar.

Gold has surged 13% in August, its biggest monthly jump since 1999, while Bitcoin moved back above $80,000 on Tuesday. The Reserve Bank of New Zealand is expected to raise interest rates to 2.75%, with some predicting they will reach 3.5% by next year.

Other events this week include the release of US jobs data and a key policy decision from the European Central Bank. Traders expect inflation in the eurozone to hit 3.3% in August, its highest level since nearly three years ago, driven by high energy costs.