Investors will be eying several important economic data that affects the movements of the financial markets, especially gold and currencies.
These data include the final reading of GDP growth in the United States next Thursday, amid expectations that the growth estimates for the second quarter will be raised to 6.7%.
Also, markets will be on Monday time with core durable goods orders data for August. Tomorrow Tuesday, the focus shifts to the Consumer Confidence numbers, and we've seen the market become more sensitive to Consumer Confidence in recent months.
As for Thursday, the focus will shift besides the final GDP numbers of the second quarter, to the weekly jobless claims. At the end of the week, inflation figures, personal spending, and ISM manufacturing PMI.
This week, several major central bankers and governors around the world are talking about the economic outlook and monetary policy.
On the monetary policy front, we expect FOMC members' speech to be more sensitive during the week, when Fed Chair Jerome Powell and a number of FOMC members are due to speak.