Nvidia earnings and Jackson Hole: What to watch this week
This week is full of significant events for investors. Retail earnings are mixed, bond yields are rising, and the Treasury Department intervened unexpectedly. President Trump plans to present an economic strategy against Iran, while Nvidia is set to report earnings, potentially impacting the AI trade. Inflation data will influence the Federal Reserve's decision on interest rates, with central bankers discussing this at the Jackson Hole Symposium.
Retail earnings for major companies will continue throughout the week, with Nvidia reporting on Wednesday. Meanwhile, crypto prices are showing signs of recovery, buoyed by efforts to pass new legislation and the Treasury Department's increased bond purchases. However, the Fed's bond buyback program and the Treasury's actions now work in opposite directions, potentially influencing future rate decisions.
The PCE price index on Wednesday will provide further insight into the Fed's stance on inflation and the potential for rate changes.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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