Inflation readings from South Korea, Thailand and the Philippines are slated for release Tuesday as well as PMI readings from China, India and Hong Kong.
UBS expects 'clear signs of slowing' for U.S. economy by November's FOMC meeting
"August was a tough month for investors," said Mark Haefele, global wealth management chief investment officer at UBS, noting that the S&P 500 ended last month down 1.6%. "Contradictory evidence and conflicting interpretations of economic data, asset pricing, and the outlook for Fed policy have buffeted asset prices in recent weeks as expectations of a soft landing for the US economy have ebbed and flowed.
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