This week's focus is the U.S. jobs report on 4 September. The probability of a September FOMC rate hike has risen in line with market expectations following Jackson Hole, while this week's economic indicators and corporate earnings, including Broadcom's results and the Beige Book, are due to be released.
This week's weekly market calendar, covering 30 August to 5 September, centers on the U.S. jobs report due on 4 September. Employment data are expected to influence the September FOMC, and market expectations underlying that outlook have been shifting.
Following market moves after the Jackson Hole meeting, the probability of a September rate hike is reported to have risen from 39.9% to 57.0%. Major releases scheduled for this week also include Broadcom's earnings and the U.S. Beige Book, along with a succession of other key economic indicators and corporate results.
Several additional economic indicators and corporate earnings releases are also scheduled for the same week, and investors will assess market trends in light of these results.