⚠️3 Things to Watch in Markets This Week: -Jackson Hole -Inflation Data -More Retail Earnings 👉 $DIA $SPY $QQQ $IWM $VIX
"When market participants start to return from their holidays and look back ... they will find central banks still far from having achieved their goals of reining in inflation," ING rates strategists said in a note to clients.Eurozone PMIsdata for August on Tuesday that will be closely watched after July’s composite PMI dipped below 50, pointing to a contraction in business activity.
PMI readings are expected to deteriorate again with energy prices in the euro area still rising.for August later Tuesday, which is expected to hit a fresh record low after dropping to an all-time low in July.of the European Central Bank’s July meeting for any insight on how large of a rate hike to expect in September after officials raised rates by 0.5% last month and flagged another increase at their upcoming meeting without committing on the size.
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