A potential week of truth is hitting the markets. For investors, the actual litmus test and thus a potential stress test could now be imminent. While the Iran conflict could unleash new geopolitical risks at any time and the central bankers' summit in Jackson Hole could readjust interest rate expectations, Nvidia's earnings are likely to become the litmus test for the AI hype.
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Iran war likely to remain an issue – US economic sanctions against Iran in focus
The Iran war, which has not been resolved to date, is likely to continue to worry investors. According to US Treasury Secretary Scott Bessent, the sanctions against the Iranian economy imposed in recent months are to be tightened once again. „At dawn, an economic D-Day begins – the largest financial offensive ever mobilized against an adversary," Bessent wrote on Sunday in a guest commentary for the Financial Times.
Economic Symposium in Jackson Hole from August 27 to 29
From August 27 to 29, the Federal Reserve Bank of Kansas City annually hosts numerous central bankers, policymakers, and economists from around the world for the economic policy symposium in Jackson Hole, Wyoming.
Numerous US economic data on the agenda on Wednesday – US price data could send monetary policy impulses
Investors will focus on several potential market movers on Wednesday. The core personal consumption expenditures price index, durable goods orders, and the GDP growth rate are expected for the United States (2:30 PM).
Investors are likely to eagerly await a speech by Fed Chairman Kevin Warsh at the central bankers' meeting in Jackson Hole on Friday at 4:00 PM. In this context, investors could expect important clues about future US monetary policy.
US earnings season: NVIDIA releases results on Wednesday after US market close
With the US reporting season now drawing to a close, attention turns mid-week after the US market close to a major heavyweight, as NVIDIA (ISIN: US67066G1040) releases its results for the past fiscal quarter.
NVIDIA Corporation monthly chart
