Core Insights - The article provides a forward-looking analysis of global economic data and events for the upcoming week, focusing on the U.S. GDP revision and PCE price index, and their potential market impacts [1][5] Economic Data and Events Summary - Monday: Market reactions to Fed Chair Powell's speech at the global central bank conference are anticipated, with a focus on Germany's IFO business climate index, expected to rise for the sixth consecutive month but at a slowing pace, and U.S. new home sales and Dallas Fed business activity index [3] - Tuesday: The Reserve Bank of Australia will release the minutes from its August monetary policy meeting, which may provide insights into future interest rate paths following the third rate cut of the year. U.S. durable goods orders are expected to improve after a significant drop last month, while the Conference Board's consumer confidence index is projected to remain below 100 [3] - Wednesday: Key data includes Australia's CPI for July, which if below 2% could reinforce expectations for further rate cuts by the RBA. Germany's Gfk consumer confidence index will be monitored for potential further deterioration. Nvidia's upcoming earnings report is expected to influence tech stocks and the broader market [3] - Thursday: The U.S. second-quarter GDP annualized growth rate revision is crucial, with the initial estimate showing a 3% increase driven by trade account improvements and consumer confidence recovery, although investment declines offset some growth. Market attention will be on whether the latest data will adjust this figure [4] - Friday: Japan's July employment report will be scrutinized for unemployment stability and labor market tightness, which may support expectations for a Bank of Japan rate hike next year. Germany's employment report and CPI for August will also be key, alongside the U.S. July core PCE price index, which could indicate ongoing inflation pressures affecting Fed rate cut expectations [4]
前瞻:美国GDP和PCE物价决战8月收官行情