{"id":68500,"date":"2023-08-25T11:19:30","date_gmt":"2023-08-25T08:19:30","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=68500"},"modified":"2025-11-28T10:03:00","modified_gmt":"2025-11-28T08:03:00","slug":"jackson-hole-conference-begins-today","status":"publish","type":"post","link":"https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/","title":{"rendered":"Jackson Hole conference begins today"},"content":{"rendered":"<p>ECB President Lagarde and FED Chair Powell are due to speak at Jackson Hole today, with both anticipated by market analysts to have the potential to greatly impact markets. The Jackson Hole symposium is usually attended by central bankers, finance ministers, academics and financial participants from around the world. Therefore, the symposium in itself could lead to increased volatility in the markets. Turkey\u2019s Central Bank takes the markets by surprise with its greater than expected rate hike. The greater than anticipated rate hike which currently brings Turkey\u2019s interest rate to 25%, has taken market analysts by surprise and could potentially indicate the growing influence of the new Central Bank Governor Hafize Gaye Erkan. Japan\u2019s Tokyo Core CPI rate comes in lower than expected, hinting at easing inflationary pressures. Philadelphia Fed President Harker, hints that the bank may be near its terminal rate after having stated that \u201cThe Fed has probably done enough with policy, it is in restrictive stance\u201d according to a report by Reuters. China according to Bloomberg has unveiled policies in order to ease pressure on the Chinese property markets, which could be an attempt to help prop up China\u2019s struggling property developers who have faced numerous criticisms over the past few weeks. Germany\u2019s economy stagnates in Q2, as was expected by market analysts, following their technical recession.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Jackson Hole conference begins today\" width=\"750\" height=\"422\" src=\"https:\/\/www.youtube.com\/embed\/ui3NTtl9v7s?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>WTICash appears to be moving in an sideways &nbsp;fashion, having failed to break below support at the 78.15 (S1) level. We tend to maintain a neutral outlook for the commodity and supporting our case is the RSI indicator below our 4-Hour Chart which currently registers a figure of 50, implying a neutral market sentiment. For our neutral outlook to continue, we would like to see the commodity remaining between the 78.15 (S1) support and 79.80 (R1) resistance levels. For a bullish outlook to, we would like to see a clear break above the 79.80 (R1) resistance level with the next possible target for the bulls being the 83.20 (R2) resistance ceiling. On the other hand, for a bearish outlook we would like to see a clear break below the 78.15 (S1) support level, with the next possible target for the bears being the 75.00 (S2) support base.<\/p>\n\n\n\n<p>Wheat appears to be continuing its ascent, despite temporarily breaking below our upwards moving trendline which was incepted on the 17<sup>th<\/sup> of August. We maintain a bullish outlook for the commodity and supporting our case is aforementioned upwards moving trendline. For our bullish outlook to continue, we would like to see a clear break above the 630 (R1) resistance level, with the next possible target for the bulls being the 662 (R2) resistance ceiling. On the other hand, for a bearish outlook, we would like to see a clear break below the 605 (S1) if not also a clear break below the 575 (S2) support levels with the next possible target for the bears being the 530 (S3) support base. Lastly for a neutral outlook, we would like to see the commodity remaining confined between the 605 (S1) support and 630 (R1) resistance levels.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-other-highlights-for-the-day\"><strong>Other highlights for the day:<\/strong><\/h2>\n\n\n\n<p>In today\u2019s European session, we Germany\u2019s Preliminary IFO figures for August. During the American session we highlight the US University of Michigan Sentiment Final figure for August and on Monday\u2019s Asian session, we note Australia\u2019s Final retail sales rate for July. On a monetary level, we highlight the speeches by Fed Chair Powell and ECB President Lagarde during today\u2019s Jackson Hole symposium.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-wticash-h4-chart\"><strong>#WTICash H4 Chart<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"975\" height=\"473\" src=\"\/wp-content\/uploads\/2023\/08\/image-119.png\" alt=\"support at seven eight point one five  and resistance seven nine point eight zero direction sideways\" class=\"wp-image-68501\" title=\"wti-cash-four-hour-chart\"\/><\/figure>\n\n\n\n<p>Support: 78.15 (S1), 75.00 (S2), 70.60 (S3)<\/p>\n\n\n\n<p>Resistance: 79.80 (R1), 83.20 (R2), 86.90 (R3)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-wheat-h4-chart\"><strong>#Wheat H4 Chart<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"975\" height=\"475\" src=\"\/wp-content\/uploads\/2023\/08\/image-120.png\" alt=\"support at   six zero five and resistance at six three zero direction upwards\" class=\"wp-image-68502\" title=\"wheat-four-hour-chart\"\/><\/figure>\n\n\n\n<p>Support: 605 (S1), 575 (S2), 530 (S3)<\/p>\n\n\n\n<p>Resistance: 630 (R1), 662 (R2) 704 (R3)<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1884\" height=\"461\" src=\"\/wp-content\/uploads\/2023\/08\/image-121.png\" alt=\"\" class=\"wp-image-68503\" title=\"benchmark-25-08-2023\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1049\" height=\"622\" src=\"\/wp-content\/uploads\/2023\/08\/image-123.png\" alt=\"\" class=\"wp-image-68505\" title=\"table-25-08-2023\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1341\" height=\"1125\" src=\"\/wp-content\/uploads\/2023\/08\/image-122.png\" alt=\"\" class=\"wp-image-68504\" title=\"morning-releases-25-08-2023\"\/><\/figure>\n\n\n\n<p class=\"translation-block\">If you have any general queries or comments relating to this article please send an email directly to our Research team at <a href=\"mailto:research_team@ironfx.com\" target=\"_self\">research_team@ironfx.com<\/a><\/p>\n\n\n\n<p>Disclaimer:<br>This information is not considered as investment advice or an investment recommendation, but instead a marketing communication. IronFX is not responsible for any data or information provided by third parties referenced, or hyperlinked, in this communication.<\/p>","protected":false},"excerpt":{"rendered":"<p>ECB President Lagarde and FED Chair Powell are due to speak at Jackson Hole today, with both anticipated by market<\/p>","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-68500","post","type-post","status-publish","format-standard","hentry","category-uncategorized","blog-category-financial-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Jackson Hole Conference Begins Today<\/title>\n<meta name=\"description\" content=\"Markets react to Jackson Hole as Lagarde and Powell speak, while WTI and wheat move sideways with key technical levels in focus.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ironfx.com\/id\/wp-json\/wp\/v2\/posts\/68500\/\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jackson Hole conference begins today\" \/>\n<meta property=\"og:description\" content=\"Markets react to Jackson Hole as Lagarde and Powell speak, while WTI and wheat move sideways with key technical levels in focus.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/\" \/>\n<meta property=\"og:site_name\" content=\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-25T08:19:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-28T08:03:00+00:00\" \/>\n<meta name=\"author\" content=\"IronFX Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/jackson-hole-conference-begins-today\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/jackson-hole-conference-begins-today\\\/\"},\"author\":{\"name\":\"IronFX Team\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/#\\\/schema\\\/person\\\/6727476356d10030d1564b38f6e699b1\"},\"headline\":\"Jackson Hole conference begins today\",\"datePublished\":\"2023-08-25T08:19:30+00:00\",\"dateModified\":\"2025-11-28T08:03:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/jackson-hole-conference-begins-today\\\/\"},\"wordCount\":670,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/#organization\"},\"articleSection\":[\"Uncategorized\"],\"inLanguage\":\"id\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/jackson-hole-conference-begins-today\\\/\",\"url\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/jackson-hole-conference-begins-today\\\/\",\"name\":\"Jackson Hole Conference Begins Today\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/#website\"},\"datePublished\":\"2023-08-25T08:19:30+00:00\",\"dateModified\":\"2025-11-28T08:03:00+00:00\",\"description\":\"Markets react to Jackson Hole as Lagarde and Powell speak, while WTI and wheat move sideways with key technical levels in focus.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/jackson-hole-conference-begins-today\\\/#breadcrumb\"},\"inLanguage\":\"id\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/jackson-hole-conference-begins-today\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/jackson-hole-conference-begins-today\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jackson Hole conference begins today\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/#website\",\"url\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/\",\"name\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\",\"description\":\"&quot;Our Introducing Brokers program offers competitive conditions tailored to our partners&#039; needs. Become an IB and enjoy the highest market rebates.&quot;\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"id\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/#organization\",\"name\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\",\"url\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"id\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/ironfx-forex-trading.jpg\",\"contentUrl\":\"\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/ironfx-forex-trading.jpg\",\"width\":1200,\"height\":627,\"caption\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ironfx-id.com\\\/id\\\/#\\\/schema\\\/person\\\/6727476356d10030d1564b38f6e699b1\",\"name\":\"IronFX Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"id\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"caption\":\"IronFX Team\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Jackson Hole Conference Begins Today","description":"Markets react to Jackson Hole as Lagarde and Powell speak, while WTI and wheat move sideways with key technical levels in focus.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ironfx.com\/id\/wp-json\/wp\/v2\/posts\/68500\/","og_locale":"id_ID","og_type":"article","og_title":"Jackson Hole conference begins today","og_description":"Markets react to Jackson Hole as Lagarde and Powell speak, while WTI and wheat move sideways with key technical levels in focus.","og_url":"https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/","og_site_name":"Complete Turnkey Introducing Brokers (IB) Solution at IronFX","article_published_time":"2023-08-25T08:19:30+00:00","article_modified_time":"2025-11-28T08:03:00+00:00","author":"IronFX Team","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/#article","isPartOf":{"@id":"https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/"},"author":{"name":"IronFX Team","@id":"https:\/\/www.ironfx-id.com\/id\/#\/schema\/person\/6727476356d10030d1564b38f6e699b1"},"headline":"Jackson Hole conference begins today","datePublished":"2023-08-25T08:19:30+00:00","dateModified":"2025-11-28T08:03:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/"},"wordCount":670,"commentCount":0,"publisher":{"@id":"https:\/\/www.ironfx-id.com\/id\/#organization"},"articleSection":["Uncategorized"],"inLanguage":"id"},{"@type":"WebPage","@id":"https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/","url":"https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/","name":"Jackson Hole Conference Begins Today","isPartOf":{"@id":"https:\/\/www.ironfx-id.com\/id\/#website"},"datePublished":"2023-08-25T08:19:30+00:00","dateModified":"2025-11-28T08:03:00+00:00","description":"Markets react to Jackson Hole as Lagarde and Powell speak, while WTI and wheat move sideways with key technical levels in focus.","breadcrumb":{"@id":"https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/#breadcrumb"},"inLanguage":"id","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.ironfx-id.com\/id\/jackson-hole-conference-begins-today\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ironfx-id.com\/id\/"},{"@type":"ListItem","position":2,"name":"Jackson Hole conference begins today"}]},{"@type":"WebSite","@id":"https:\/\/www.ironfx-id.com\/id\/#website","url":"https:\/\/www.ironfx-id.com\/id\/","name":"Solusi Lengkap Turnkey Introducing Broker (IB) di IronFX","description":"&quot;Our Introducing Brokers program offers competitive conditions tailored to our partners&#039; needs. Become an IB and enjoy the highest market rebates.&quot;","publisher":{"@id":"https:\/\/www.ironfx-id.com\/id\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ironfx-id.com\/id\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"id"},{"@type":"Organization","@id":"https:\/\/www.ironfx-id.com\/id\/#organization","name":"Solusi Lengkap Turnkey Introducing Broker (IB) di IronFX","url":"https:\/\/www.ironfx-id.com\/id\/","logo":{"@type":"ImageObject","inLanguage":"id","@id":"https:\/\/www.ironfx-id.com\/id\/#\/schema\/logo\/image\/","url":"\/wp-content\/uploads\/2021\/07\/ironfx-forex-trading.jpg","contentUrl":"\/wp-content\/uploads\/2021\/07\/ironfx-forex-trading.jpg","width":1200,"height":627,"caption":"Complete Turnkey Introducing Brokers (IB) Solution at IronFX"},"image":{"@id":"https:\/\/www.ironfx-id.com\/id\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.ironfx-id.com\/id\/#\/schema\/person\/6727476356d10030d1564b38f6e699b1","name":"IronFX Team","image":{"@type":"ImageObject","inLanguage":"id","@id":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","caption":"IronFX Team"}}]}},"_links":{"self":[{"href":"https:\/\/www.ironfx-id.com\/id\/wp-json\/wp\/v2\/posts\/68500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ironfx-id.com\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ironfx-id.com\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ironfx-id.com\/id\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ironfx-id.com\/id\/wp-json\/wp\/v2\/comments?post=68500"}],"version-history":[{"count":0,"href":"https:\/\/www.ironfx-id.com\/id\/wp-json\/wp\/v2\/posts\/68500\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ironfx-id.com\/id\/wp-json\/wp\/v2\/media?parent=68500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ironfx-id.com\/id\/wp-json\/wp\/v2\/categories?post=68500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ironfx-id.com\/id\/wp-json\/wp\/v2\/tags?post=68500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}