According to Foresight News, investors are expected to remain cautious until Friday, with attention focused on the Jackson Hole meeting scheduled for August 22 at 22:00 UTC+8. In discussions with institutional investors, many anticipate that Federal Reserve Chair Jerome Powell may adopt a hawkish stance during the meeting, as he aims to avoid being compelled to lower interest rates. However, his remarks might be interpreted by the market as dovish, potentially leading to a stock market rise following the Jackson Hole event on Friday.
Foresight News notes that the core agenda of the Jackson Hole meeting includes a keynote speech by Powell titled "Economic Outlook and Framework Review" on August 22 at 22:00 UTC+8. This will be followed by a luncheon speech on the same day and a closing overview panel discussion on August 24 at 00:25 UTC+8.