The week was overfilled with events, especially from the BRICS summit and Jackson Hole meeting. Altogether, the market gained some fantastic opportunities. Here’s what we have for today’s session:
Fed Jackson Hole Conference To Take Place Virtually
The Kansas City Federal Reserve announced Friday the annual Jackson Hole symposium will be held virtually, a reversal from prior plans that saw a modified, in-person program. "While we are disappointed that health conditions will prevent us from being able to gather in person at the Jackson Lake Lodge this year as we had planned, the safety of our guests and the Teton County community is our priority," said Kansas City Fed president Esther George, in a statement. The Kansas City Fed will release the program's full agenda Thursday, August 26 at 8 p.m. ET. Fed Chair Jerome Powell is scheduled to give livestreamed remarks on Friday at 10 a.m. ET
A week full of impactful events is waiting for us. US CPI, PPI, and UK Interest Rate will drive the market. Let’s not waste our time and delve into the economic calendar.
Hello everyone, and welcome to Wednesday! Let's find out the most exciting and essential news for traders…
US stock markets started falling, while the US dollar is rising. What to expect from
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.