The Jackson Hole Symposium is this week's most anticipated event, in part due to a severe lack of other newsworthy market stories but also because two very important central bankers are scheduled to appear.
The U.S. consumer price index measure of inflation rose 0.1% month-over-month in July but failed to match expectations of a 0.2% rise as we had envisaged in our Australian dollar/U.S. dollar (AUD/USD) currency pair report earlier.
The war of words between Trump and North Korea has largely dictated the direction of the market for the past 24 hours. Safe havens, were the primary beneficiaries over the increased tensions, with Gold, the Swiss Franc, the Japanese Yen, and U.S. Treasuries rising across the board.