The US markets will be closed for Labour Day holidays on Monday. So, there won’t be much guidance for markets elsewhere.
But there will be plenty of economic data to digest that include US inflation numbers for August. The headline rate is expected to show a slight rise from 1% in July to 1.1%. That should please the Fed.
China could report a reduction in its trade balance with the rest of world. The balance of trade for August could come in at US$47 billion, which would be lower than the US$62 billion recorded in the previous month.
The European Central Bank will announce its latest interest-rate decision. It is expected to keep the benchmark rate unchanged at 0%. At its July meeting, the central bank indicated that stimulus measures would still be needed to support growth and inflation.
The Malaysian central bank will also announce its latest interest-rate decision....