• Inflation and the cost of living crisis continue to dominate the news headlines and remain the key pre-occupation of financial markets and central banks ...
• The Eurozone HICP inflation rate also picked up in July, rising from 8.6% to 8.9%, while the Irish rate was unchanged at 9.6% ..
• Expectations remain that CPI rates will fall back sharply next year, a view that is supported by recent trends in leading indicators of inflation  ...
• A marked deceleration in the pace of global activity this year is a key factor behind the easing of upstream inflationary pressures in recent months ...
• This week, the flash PMI readings for August in the US, Eurozone and UK will feature. ...
• A slew of other survey data are due in the Eurozone also ...
•  In the US, Fed Chair Powell’s speech at the Jackson-Hole Economic Symposium on Friday will be very much the centre of attention later this week. ...

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