US: Focus on Fed Chair Powell’s speech at Jackson Hole – TDS

According to analysts at TD Securities all eyes will be on Chair Powell's speech at Jackson Hole, where he will speak on the topic of Monetary Policy in a Changing Economy at 10:00 ET.

Key Quotes

“Though we do not expect him to make any substantive policy announcements at this event.”

“On the data front, durable goods orders for July will be released at 8:30 ET; TD is in line with the market and looks for headline sales to fall by 1.0% on aircraft orders, with ex-transport orders up 0.7%.”