ChainCatcher reported that according to Jinshi, next week, the market will usher in several important events, among which Federal Reserve officials will also make intensive speeches next week. Among them:

  • On Monday at 21:15, Federal Reserve Governor Waller gave opening remarks at the Summer Symposium on Money, Banking, Payments and Finance;

  • At 1:35 on Wednesday, 2024 FOMC voting member and Atlanta Fed President Bostic will speak;

  • At 2:00 on Thursday, the Federal Reserve will release the minutes of its monetary policy meeting;

  • On Thursday, the Jackson Hole Global Central Bank Annual Meeting will be held;

  • At 22:00 on Friday, Federal Reserve Chairman Powell will deliver a speech on the economic outlook at the Jackson Hole Annual Meeting.

In addition, the S&P Global PMI data for August in the United States will be released on Thursday night next week. If the data is unexpectedly weak, market concerns about the United States falling into a recession may intensify and cause traders to increase their bets that the Federal Reserve will cut interest rates by a larger margin this year, which will be a blow to the US dollar.