The beginning of the week will be quiet. Only one statistic is on the program in the United States while the English markets will be closed, due to “Summer Bank Holiday”.
The City in “Summer Holiday” mode, a single digit in the United States | Photo credit: Shutterstock
The agenda for the week will start very slowly this Monday. Enough to leave some time to draw conclusions from the last symposium in Jackson Hole and from the intervention of the chairman of the American Federal Reserve, Jerome Powell.
The English markets will be closed. The last Monday of August is traditionally a public holiday across the Channel: it is the ” Summer Bank Holiday », which marks the end of the summer period.
We will simply watch, in the United States, at 4:30 p.m., the publication of the figures of the manufacturing survey of the Federal Reserve of Dallas for the month of August. Coming out at -22.6 for the month of July, they could have recovered to -12.2 points according to the Bloomberg consensus.
NH