Narrow ranges ahead of Warsh speech and key data releases
US dollar edges higher in tight ranges ahead of Fed Chair Warsh's Jackson Hole speech and key data releases.
US dollar edges higher in tight ranges ahead of Fed Chair Warsh's Jackson Hole speech and key data releases.
Markets were quiet as traders awaited Fed Chair Warsh's Jackson Hole speech. European stocks edged higher, while currencies and gold were little changed.
Gold miners have climbed 43% in August, a record monthly performance, while the debasement trade lifts gold, copper and Bitcoin.
Market rate expectations for RBA and BoC adjusted after Australian CPI beat and US-Canada trade conflict; focus turns to Fed Chair Warsh's speech.
Kevin Warsh delivers his first Jackson Hole speech as Fed chair, with markets split on a September rate hike.
Eurozone economic sentiment continued its recovery in August, with confidence improving across sectors, though consumer inflation expectations edged higher.
German unemployment rose by 4,000 in August, less than the expected 5,000, while the jobless rate held at 6.4%.
Lloyds' business confidence index rose 4 points to +53% in August, a five-month high, while the share of firms planning price rises fell to 51%.
Consumer confidence in New Zealand eased 1 point to 98.0 in August, with inflation expectations steady at 4.7%, ahead of the RBNZ's September 2 policy decision.
Tokyo headline CPI matched forecasts at 1.9%; core CPI beat at 1.8%. July unemployment fell to 2.4%.
France Q2 GDP unchanged at 0.0% q/q, missing preliminary +0.2% reading. Annual growth +0.5%.
Almost 90% of economists in a Reuters poll expect the RBNZ to hike rates to 2.75% on September 2, with further tightening ahead.
US will press G20 on growth, imbalances and Iran sanctions compliance at Asheville talks, Treasury official says.
Tokyo's August core CPI beat forecasts, rising to 1.8% y/y, while core-core hit 2.0%, supporting expectations for a BOJ rate hike at the September policy…
Full agenda for the 2026 Jackson Hole symposium includes Thursday reception, Friday and Saturday sessions on financial innovation. All times Mountain.