Weekly Market Outlook (26-30 August) ...Middle East

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Weekly Market Outlook (26-30 August)
UPCOMING EVENTS:Monday: PBoC MLF, German IFO, US Durable Goods Orders.Tuesday: US Consumer Confidence.Wednesday: Australia Monthly CPI, Nvidia Earnings.Thursday: US Q2 GDP 2nd Estimate, US Jobless Claims.Friday: Tokyo CPI, Japan Retail Sales, Eurozone Flash CPI and Unemployment Rate, Canada GDP, US PCE.TuesdayThe US Consumer Confidence is expected at 100.1 vs. 100.3 prior. The last report saw the present situation index, which is generally a leading indicator for the unemployment rate, falling to a three-year low. Dana M. Peterson, Chief Economist at The Conference Board said: “Confidence increased in July, but not enough to break free of the narrow range that has prevailed over th

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