Markets will now most likely sit on their hands until Friday’s economic summit

The dollar is stronger today following the slightly hawkish stance of the FOMC Minutes, which hinted at the potential for an earlier-than-expected hike in interest rates. Nothing is likely to happen any time soon though, and equities liked that idea in continuing their positive trend, with the S+P regaining its all time high. Markets will now most likely sit on their hands until Friday’s economic summit at Jackson Hole, where both Janet Yellen and Mario Draghi will be speaking on Friday. Ahead of that, the main focus will be on today’s global manufacturing and services data, and the UK Retail Sales

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