Economic calendar: Powell speech in the spotlight

European stocks set for more or less flat opening of session today
Powell to speak at Fed's Jackson Hole meeting
US data pack for July

Futures markets point to a more or less flat opening of the European session. The big event of the week - Fed's economic symposium at Jackson Hole - will be held today. Meeting will be launched at 2:00 pm BST but a key speech - speech from Chairman Powell - will be delivered at 3:00 pm BST. However, as the event will be held fully virtually, markets are expecting a balanced message and lack of major announcements. Moreover, the event will not be attended by any central bank chief, other than Powell.

Apart from Jackson Hole, US data pack at 1:30 pm BST, including PCE inflation, may trigger some short-term swings on the US dollar market.

1:30 pm BST - US, data pack for July.

Core PCE inflation for. Expected: 3.6% MoM. Previous: 3.5% MoM
Personal income. Expected: 0.2% MoM. Previous: 0.1% MoM
Personal spending. Expected: 0.3% MoM. Previous: 1.0% MoM

3:00 pm BST - US, University of Michigan consumer sentiment for August (final). First release: 70.2

3:00 pm BST - Powell speaks at Jackson Hole symposium

US earnings reports

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Economic reports

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