Center stage belongs to the Jackson Hole Economic Policy Symposium, running from August 27 to 29 at the Jackson Lake Lodge in Wyoming and hosted, as it is every year, by the Federal Reserve Bank of Kansas City. This edition’s theme is «Financial Innovation: Implications for Payments and Policy».

It will also be the first high-profile public outing for the new Federal Reserve chair, Kevin Warsh, who took office in May and is now expected to sketch out his own view of the world and to measure himself against his international counterparts on financial innovation and payment systems. Markets are still learning his communication style, which is precisely what makes the appointment worth watching.

The data coming out of the United States

In the United States the calendar starts to thicken as early as Tuesday, August 25, with the S&P/Case-Shiller home price index for June, July new home sales, the Conference Board’s consumer confidence index and the Richmond Fed manufacturing index. Together these indicators offer an updated snapshot of how the housing market is holding up and of household morale in an environment where rates remain elevated.

Wednesday, August 26 brings the most anticipated package of the week: the second estimate of second-quarter GDP, July personal income and spending data including the PCE index – the Personal Consumption Expenditures price gauge the Federal Reserve prefers over CPI – and durable goods orders.

Thursday and Friday close out the American week with initial jobless claims, wholesale inventories, the Chicago PMI and the final reading of the University of Michigan consumer sentiment index.

What happens in Europe

In Europe, attention concentrates on Germany and the euro area. On Tuesday, August 25 the Ifo Institute in Munich publishes its business climate index for August, alongside the final estimate of German second-quarter GDP and the French consumer confidence index. Those numbers land at a moment when the European economy is still contending with volatile energy prices and geopolitical uncertainty.

For Italy the most relevant moment falls on Friday, August 28, when Istat – the national statistics office – releases August consumer and business confidence data, a thermometer capable of capturing the mood of households and companies after the summer months. In the same window the Ministry of Economy and Finance will run auctions of BOTs and BTPs, Italy’s short-term bills and longer-dated government bonds, which will keep sovereign yields under close observation.

The indicators out of Asia

In Asia the calendar is every bit as dense. On Tuesday, August 25 Japan updates its final leading indicators for June, while Thursday, August 27 brings the July unemployment rate and an interest rate decision from South Korea. On Wednesday, August 26 Australia publishes July inflation data, including the trimmed mean measure the Reserve Bank of Australia tracks.

The week closes on Sunday, August 30 with China’s official manufacturing PMI for August, together with industrial production figures from Japan and South Korea.

Editor’s note

This article was originally published in Italian on money.it by Redazione Money Premium on August 23, 2026 as «Market movers (24-30 agosto), Jackson Hole e non solo. Ecco gli eventi da monitorare settimana prossima». It has been translated and adapted for an international audience by the Money.it International desk.