Week InAdvance: August 22, 2022
Mon Aug 22 Prime minister campaign events in UK. | Tue Aug 23 European PMI data. | Wed Aug 24 G20 women's empowerment forum. | Thu Aug 25 Fed's econ summit at Jackson Hole. | Fri Aug 26 Fed Chair Powell speaks at Jackson Hole. | Sun Aug 28 Anniversary of MLK's “I Have A Dream” speech.
All eyes are on Federal Reserve Chair Jerome Powell's speech at the Kansas City Fed's annual economic policy symposium in Jackson Hole, Wyoming, on Aug. 26. Market watchers will look for clues on the central bank's path after a red-hot jobs report and cooler-than-expected inflation data split bets on the size of the next rate hike.
Russia's invasion of Ukraine, seen by the Kremlin as a “special operation” that would achieve its goal within days or weeks, hits the six-month mark on Ukraine Independence Day.
In Europe, manufacturing and services PMI data Tuesday will shed light on private-sector health and sentiment six months into Russia's war on Ukraine.
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