Monday 19 August 2013

Here Are The Key Economic Events Everyone Will Be Watching This Week

jackson hole grand teton camera photography
Grand Teton National Park, Jackson, Wyoming
August is a popular month for taking a vacation.
Even the global central bankers who'll flock to this week's Kansas City Fed symposium in Jackson Hole, Wyoming are essentially on a vacation.
Legend has it that the Jackson Hole conference's origins were tied to former Fed Chairman Paul Volcker's love for fly-fishing.
"The Jackson Hole conference runs from Thursday night to Saturday," noted the economics team at Bank of America Merrill Lynch. "While Chairman Bernanke is not speaking at the conference there will be some interesting academic papers"
"The data docket in the week ahead is light, but there are two main events worth noting: the minutes of the July FOMC meeting (Wednesday) and initial jobless claims for the August employment survey week (Thursday)," said Deutsche Bank's Joe LaVorgna.

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