Mumbai, Aug. 18 -- Markets enter a crucial week as the Federal Reserve takes center stage. The FOMC minutes will shed light on last meeting's dissenting voices, followed by Chair Powell's Jackson Hole address, which could reset expectations on rate cuts amid mixed US economic signals. Housing data, from NAHB sentiment to building starts and existing home sales, will give fresh clues on the property market. Flash PMIs across major economies, along with retail earnings from Walmart, Target, Lowe's, and Home Depot, will further test consumer resilience and investor sentiment.
Europe braces for inflation pressure and PMI signals In the Eurozone, services growth is likely to cool while manufacturing weakness deepens, with consumer confidence ex...