The three events attracting attention in next week's markets are the G20 finance ministers and central bank governors' meeting, the release of the US ISM Manufacturing Index and the release of the US employment report.
Next week, the G20 finance ministers and central bank governors' meeting will be held and is expected to continue through 1 September. Developments in policy coordination will be watched as an external factor. Against this backdrop, attention will focus on the direction of overseas markets. US stocks fell in the previous week, and reports indicated that remarks by Fed Chair Warsh had revived expectations of a September rate hike. There is a view that a cautious stance will be required in domestic markets, particularly toward technology stocks.
As a US economic indicator, the ISM Manufacturing Index for August is scheduled to be released and is expected to provide an important indication of manufacturing trends. The US employment report is scheduled for release on 4 September, and the extent of improvement in employment conditions and wage trends could influence the market's subsequent reaction. There have been reports that expectations of a September rate hike are increasing, and attention should also be paid to movements in long-term interest rates.