NVIDIA earnings, the Jackson Hole meeting and a speech by the Fed chair will be the market's focus this week. The announcement of new economic sanctions related to the situation in Iran is also seen as a potential source of spillover risk.
The Nikkei 225 fell last week against a backdrop of rising interest rates globally. This week, attention will focus on the earnings of US semiconductor giant NVIDIA, scheduled for the 26th, and the Jackson Hole meeting to be held in the United States. Market participants are also focused on a speech by Fed Chair Warsh, seeking to assess recent trends in price indicators and the direction of monetary policy going forward.
An announcement of new economic sanctions related to the situation in Iran has also been flagged, raising concerns that their effects could spill over into crude oil prices, interest rates, the dollar and share prices. Remarks by Treasury officials are also expected to attract attention, potentially creating conditions of heightened uncertainty in the markets.
With these events unfolding simultaneously, investors are expected to proceed cautiously this week, balancing risk aversion against potential opportunities. Markets are expected to move while incorporating the implications of NVIDIA's earnings, the Fed's remarks and changes in the geopolitical and economic environment.