... out how central banks are rethinking their strategies and where this will lead. Dedollarization of Global Finance: Reducing Investments in U.S. Government Debt Recently, global financial systems have been experiencing a significant shift: foreign central banks have begun actively reducing their investments in dollar-denominated assets, particularly U.S. government debt. According to Asia Times, this phenomenon is driven by geopolitical changes, including the freezing of Russian currency reserves in 2022, which undermined confidence in the dollar as a global reserve asset. Why Are Central Banks Moving Away from the Dollar? Historically,...

..., will also report. These quarterly reports will provide a wide perspective on consumer demand in services and the digital economy. Commentary: Wednesday will be one of the critical days of the week. From the morning, markets will focus on news from Asia, Europe, and the U.S.: strong data from Novo Nordisk may influence the pharma sector, while McDonald's report could become an indicator of consumer activity in the fast-food segment. The day's macroeconomic news will be relatively moderate, but the Central Bank of Russia's protocol and the Indian rate decision will be of interest to investors from emerging markets. By evening, the informational backdrop will significantly strengthen: reports from Disney and major players in the services/technology ...

... release of key statistics. Fed and Central Bank Policies: Market Expectations The focus remains on the monetary policy of leading central banks. Weak U.S. labor market data for July has heightened expectations for an easing of monetary policy: investors are ... ... and yen volatility. Any hints at a more "hawkish" stance could influence the yen's exchange rate and sentiments in Asia. Business Activity and Foreign Trade: Macroeconomic Signals Tuesday will see the release of a large block of Services PMI ...

... and the United States Europe: The slowdown in Japan’s GDP growth and weakening inflation in China could result in reduced global demand for European exports, particularly in industrial machinery and luxury goods. Additionally, subdued activity in Asia might lead to increased pressure on the European Central Bank (ECB) to maintain a dovish stance to support the Eurozone’s recovery. United States: Inflation expectations in the U.S. remain a critical factor for Federal Reserve policy. If consumers anticipate rising inflation, this could bolster expectations ...

... concerns about an economic slowdown. Besides Canada , there are no significant macro reports scheduled for the U.S., Europe, or Asia on August 8 — the main business activity indices and inflation reports were already released earlier in the week. Therefore,... ... today, and investor attention shifts towards political news and corporate stories. Nevertheless, any unexpected statements from central bank representatives or new data (for example, updates on U.S.-China trade negotiations) could alter the landscape. In ...