August 27, 2020

Market

Investors will be looking for clues regarding the performance of monetary policy to achieve inflation and employment targets, since the global economy is still struggling to rebuild, while the coronavirus continues to spread throughout the world.

European stock exchanges and American futures operate on the negative ground awaiting the speech by Federal Reserve Chairman Jerome Powell at 10:10 am at the annual central bankers meeting that begins today.

Yesterday, the S&P 500 and Nasdaq closed at a record high for the fourth and fifth consecutive sessions.

Investors are also monitoring a huge hurricane that hit the continent in Louisiana.