{"id":436951,"date":"2026-08-26T18:33:33","date_gmt":"2026-08-26T11:33:33","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-european-news-wrap-markets-await-further-us-iran-news-jackson-hole-event-436951\/"},"modified":"2026-08-26T18:33:33","modified_gmt":"2026-08-26T11:33:33","slug":"investinglive-european-news-wrap-markets-await-further-us-iran-news-jackson-hole-event","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-european-news-wrap-markets-await-further-us-iran-news-jackson-hole-event-436951\/","title":{"rendered":"investingLive European news wrap: Markets await further US-Iran news, Jackson Hole event"},"content":{"rendered":"<div>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/uk-retail-sector-remains-under-pressure-as-cbi-survey-shows-sharp-sales-decline\" rel=\"follow\">UK retail sector remains under pressure as CBI survey shows sharp sales decline<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/oil-prices-sink-as-expectations-for-an-imminent-us-iran-deal-increase-what-s-next\" rel=\"follow\">Oil prices sink as expectations for an imminent US-Iran deal increase. What&#8217;s next?<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/stocks\/nasdaq-analysis-two-critical-levels-to-watch-around-nvidia-earnings\" rel=\"follow\">Nasdaq Analysis: Two Critical Levels to Watch Around Nvidia Earnings<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/switzerland-august-ubs-investor-sentiment-xx-vs-10-0-prior\" rel=\"follow\">Switzerland August UBS investor sentiment +12.1 vs +10.0 prior<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/stocks\/nvidia-earnings-tonight-nvda-levels-and-trade-plan\" rel=\"follow\">Nvidia Earnings Tonight: NVDA Levels and Trade Plan<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/ecb-s-schnabel-says-the-central-bank-must-act-early-to-prevent-second-round-effects\" rel=\"follow\">ECB&#8217;s Schnabel says the central bank must act early to prevent second-round effects<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/orders\/fx-option-expiries-for-26-august-10am-new-york-cut\" rel=\"follow\">FX option expiries for 26 August 10am New York cut<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/what-are-the-main-events-for-today-28\" rel=\"follow\">What are the main events for today?<\/a><\/li>\n<\/ul>\n<p>It&#8217;s been a pretty boring session with limited economic data and news releases. On the data side, the Swiss investor sentiment improved further in August, with the UBS Investor Sentiment Index rising to +12.1 from +10.0 in July, marking the second consecutive month in positive territory and the strongest reading since early 2025. The data points to growing optimism about Switzerland&#8217;s economic outlook.<\/p>\n<p>The UK CBI survey showed UK retail conditions deteriorated sharply in August, with the retail sales balance falling to -48% from -26%.\u00a0Retailers reported weak demand, worsening sentiment, and continued cuts to investment and staffing plans. While sales are expected to remain weak in September, the pace of decline is forecast to slow. Retail price inflation is also expected to accelerate. The CBI called for business rates reform and lower employer taxes to help restore confidence in the sector.<\/p>\n<p>We also got some comments from ECB&#8217;s Schnabel where she\u00a0warned that the central bank must act early to prevent inflation from feeding into wages and broader prices, as inflation is likely to stay above the 2% target for an extended period. She noted that the Eurozone economy is gaining momentum and further tightening will remain data-dependent. Schnabel also sounded worried about the natural gas situation as a key risk that could reignite inflationary pressures.<\/p>\n<p>In the markets, it&#8217;s been just a slow, rangebound price action throughout the entire session as traders await further US-Iran developments ahead of the Jackson Hole event.\u00a0<\/p>\n<p style=\"box-sizing: inherit; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: 22px; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 20px; padding: 0; font-family: Inter, InterFallback, serif; transition: 0.3s; color: rgba(0, 0, 0, 1); letter-spacing: normal; orphans: 2; text-indent: 0; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(255, 255, 255, 1); text-decoration-style: initial; text-decoration-color: initial\">In the American session, we have the US PCE price index and the second estimate of the US Q2 GDP. There&#8217;s always some anticipation for the PCE data, but it&#8217;s rarely a notable market-mover. That&#8217;s because the data is known well in advance, as it can be calculated from the US CPI and PPI data. Anyway, the Core PCE Y\/Y is expected at 3.3% vs 3.3% prior, while the M\/M measure is seen at 0.2% vs 0.1% prior.<\/p>\n<p style=\"box-sizing: inherit; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: 22px; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 20px; padding: 0; font-family: Inter, InterFallback, serif; transition: 0.3s; color: rgba(0, 0, 0, 1); letter-spacing: normal; orphans: 2; text-indent: 0; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(255, 255, 255, 1); text-decoration-style: initial; text-decoration-color: initial\">The market is currently pricing in 65% chance of no change in interest rates at the September FOMC meeting. The pricing will be influenced by potential US-Iran deal, Jackson Hole event and the next CPI report.<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>UK retail sector remains under pressure as CBI survey shows sharp sales decline Oil prices sink as expectations for an imminent US-Iran deal increase. What&#8217;s next? Nasdaq Analysis: Two Critical Levels to&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436951","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436951"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436951\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}