People's Bank of China

Key events: Eurozone - ECB's Lane Speaks USA - Core PCE Price Index (MoM) (Aug) USA - Core PCE Price Index (YoY) (Aug) USA - Michigan Consumer Sentiment (Sep) USA - FOMC Member Bowman Speaks The S&P 500 surged to a new record close on Thursday, propelled by a boost in chip stocks, led by Micron, and stronger-than-expected economic data that lifted market sentiment.

Key events: USA - New Home Sales (Aug) USA - Crude Oil Inventories On Tuesday, the S&P 500 and Dow Jones both closed at record highs, brushing off consumer concerns about the economy as Nvidia powered a surge in tech stocks. The S&P 500 rose 0.3%, closing at a new high of 5,735.66, while the NASDAQ Composite increased by 0.6%. The Dow Jones Industrial Average added 83 points, or 0.2%, reaching a record close at 42,208.22.

Key events: Eurozone - CPI (YoY) (Jul) USA - FOMC Member Bostic Speaks USA - Fed Vice Chair for Supervision Barr Speaks The S&P 500 advanced on Monday as concerns about a potential recession continued to diminish, setting the stage for a significant week with the Federal Reserve's release of July meeting minutes. Investors are also anticipating insights from Fed Chairman Jerome Powell at the Jackson Hole central bank symposium on Friday, which could offer clues on future monetary policy directions.

Key events: Eurozone - ECB's Lane Speaks Eurozone - Eurogroup Meetings Canada - New Housing Price Index (MoM) (Jun) USA - Existing Home Sales (Jun) The S&P 500 surged on Monday, led by a tech stock rebound spearheaded by Nvidia, following recent weakness, as investors anticipated quarterly earnings reports from major tech companies this week.

Key events: Eurozone - Eurogroup Meetings Global stock indices tumbled on Friday as a widespread cyber outage disrupted operations across various industries, shaking investor confidence. Concurrently, the dollar strengthened and Treasury yields rose. The S&P 500 and Nasdaq experienced their most significant weekly percentage drops since April.

Key events: USA - Fed Vice Chair for Supervision Barr Speaks USA - Fed Chair Powell Testifies USA - Treasury Secretary Yellen Speaks USA - FOMC Member Bowman Speaks The S&P 500 extended its record streak on Monday, closing at all-time highs for the fourth consecutive session despite cautious sentiment ahead of Federal Reserve Chair Jerome Powell's testimony to Congress and key inflation data expected this week.

Key events: USA - NY Fed 1-Year Consumer Inflation Expectations   UK - MPC Member Haskel Speaks USA - Consumer Credit (May) On Friday, the Dow Jones Industrial Average experienced notable fluctuations, hovering around the 39,300 level. This volatility was driven by US nonfarm payrolls data, which reignited hopes for potential rate cuts. Despite the broader US equity market climbing on renewed expectations of a Federal Reserve rate reduction, the Dow Jones remained stuck in a technical consolidation phase.