Key events: USA - Average Hourly Earnings (MoM) (Aug) USA - Nonfarm Payrolls (Aug) USA - Unemployment Rate (Aug) USA - ISM Manufacturing PMI (Aug)   ISM Manufacturing Prices (Aug) US equities were on an upward trajectory as August came to a close, bolstered by the anticipation of Friday's employment report for the same month.

Key events:   China - Manufacturing PMI (Aug) Eurozone - CPI (YoY) (Aug) USA - Core PCE Price Index (YoY) (Jul)   USA - Core PCE Price Index (MoM) (Jul)   USA - Initial Jobless Claims On Wednesday, US stocks displayed resilience despite encountering weaker-than-expected economic data, with investor focus shifting towards the upcoming August job report set to be released on Friday.

Key events: USA - Core CPI (MoM) (Jul)   USA - CPI (YoY) (Jul)   USA - CPI (MoM) (Jul)   USA - Initial Jobless Claims Stock futures climbed during overnight trading on Wednesday, building on slight upswings seen in major benchmark indices. Investors were attentively tracking upcoming earnings reports, all the while keeping an eye on a crucial consumer price index announcement that could potentially influence the course of future interest rates.

Key events: USA - Crude Oil Inventories China - CPI (MoM) (Jul) China - PPI (YoY) (Jul) On Tuesday, all three major stock market indicators on Wall Street concluded with losses, as a widespread selloff was prompted by credit rating agency Moody's (NYSE: MCO) downgrading several financial institutions. This event rekindled concerns regarding the well-being of both US banks and the overall economy.

Key events: USA - FOMC Member Harker Speaks      USA - FOMC Member Bowman Speaks      UK - BoE MPC Member Pill Speaks   European markets experienced modest gains on Friday, providing a slight reprieve at the end of an overall negative week. Market sentiment was weighed down by concerns over earnings guidance downgrades and rising long-term yields.

Key events: USA - Average Hourly Earnings (MoM) (Jul) USA - Nonfarm Payrolls (Jul) USA - Unemployment Rate (Jul) Canada - Employment Change (Jul) Canada - Unemployment Rate (Jul) Yesterday, European markets experienced another day of losses, with the DAX declining for the 4th consecutive day and the FTSE100 finishing lower for the 3rd straight session. However, both indices closed off their day's lows, indicating some potential resilience.

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Key events: UK - Retail Sales (MoM) (Jun) Canada - Retail Sales (MoM) (May) On Thursday, both the S&P 500 and Nasdaq experienced declines due to the disappointing quarterly results of Tesla (NASDAQ: TSLA) and Netflix (NASDAQ: NFLX). However, the Dow managed to continue its positive streak for the ninth consecutive day, thanks to Johnson & Johnson (NYSE: JNJ) posting a strong annual forecast, which boosted its share prices.

The dot plot produced by the Federal Reserve has gained immense attention and scrutiny in global financial markets. Since January 2012, the Fed has periodically updated this scatter chart, making it the unofficial forecast of the US central bank's monetary policy, whether intended or not. Additionally, it serves as a valuable source of insights into dissent within the Fed's policy-making committee, despite its cryptic nature and the challenges associated with interpreting it accurately.

Key events:  UK - GDP (MoM) (May) USA - Initial Jobless Claims USA - PPI (MoM) (Jun) The Dow Jones Industrial Average closed higher on Wednesday, despite giving up some of its gains. The positive finish was driven by a decline in Treasury yields and a boost in the tech sector following data that revealed the slowest increase in inflation in over two years. This development has sparked optimism that the anticipated rate hike later this month might be the last one.