The 'Least Important Trading Week Of The Year' Begins, And Markets Are Going Nowhere

Lake Baikal

Photo: Sergey Gabdurakhmanov/Flickr

It’s a real quiet start to what arguably will be the ‘least important trading week of the year,’ according to BTIG’s Dan Greenhaus.Italy is flat.

Spain is flat.

US futures are flat.

Germany is flat.

Peripheral borrowing costs are flat.

This is going to be a week of Lot’s of speeches (The RNC + Bernanke and Draghi later in the week from Jackson Hole) and possibly not much else.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.