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European stocks hold more tentative at the open today

  • Eurostoxx -0.2%
  • Germany DAX -0.2%
  • France CAC 40 -0.1%
  • UK FTSE -0.2%
  • Spain IBEX flat
  • Italy FTSE MIB flat

All eyes are on the main event later in Jackson Hole but don’t be surprised if it turns out to be a bit of a dud. The commentary on the sidelines of the symposium might offer more during the weekend but even so, that is not likely to change up market expectations for any of the major central banks. As for the Fed, the US labour market report on 5 September will be the more important key risk event barring any surprises by Powell today. US futures are also rather tepid, with S&P 500 futures down by 0.1% after Wall Street retreated once again yesterday.

This article was written by Justin Low at investinglive.com.

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