U.S. Trade Representative Greer said Canada once had the most favorable access to the U.S., and that political considerations remain a significant factor for Canada.

[Key Events and Data Preview This Week: US PCE, Global Central Bank Annual Meeting, Nvidia & BYD Earnings Reports] 1. Monday: ① Events: US Treasury Secretary Bessenter holds a press conference on specific actions to increase economic sanctions against Iran; Pinduoduo earnings call. ② Earnings Reports: Leapmotor, Pinduoduo, XPeng Motors. 2. Tuesday: ① Data: Germany's final Q2 unadjusted GDP annual rate; Germany's August IFO Business Climate Index; US ADP employment change for the week ending August 8; US June FHFA house price index month-on-month; US June S&P/CS 20-City Composite House Price Index year-on-year (unadjusted); US July new home sales (annualized); US August Conference Board Consumer Confidence Index; US August Richmond Fed Manufacturing Index. ② Events: Reserve Bank of Australia releases minutes of its August monetary policy meeting; 2027 FOMC voting member and Richmond Fed President Barkin speaks on "The Mysterious US Economy". ③ Earnings Reports: Laopu Gold, WuXi Biologics. 3. Wednesday: ① Data: US API crude oil inventories for the week ending August 21; Australia's July unadjusted CPI year-on-year rate; Switzerland's August ZEW investor confidence index; UK's August CBI retail sales balance; US July core PCE price index year-on-year rate; US July personal spending month-on-month rate; US Q2 annualized GDP quarter-on-quarter rate (revised); US July core PCE price index month-on-month rate; US July durable goods orders month-on-month rate; US EIA crude oil inventories for the week ending August 21; US EIA Cushing, Oklahoma crude oil inventories for the week ending August 21; US EIA strategic petroleum reserves for the week ending August 21. ② Events: 2027 FOMC voting member and Richmond Fed President Barkin attends a symposium. ③ Earnings Reports: Li Auto, Nvidia (after US stock market close). 4. Thursday: ① Data: Germany's September GfK Consumer Confidence Index; Canada's Q2 Current Account; US Initial Jobless Claims for the week ending August 22; US EIA Natural Gas Storage for the week ending August 21. ② Events: Jackson Hole Economic Symposium held August 27-29; Nvidia holds earnings call; ECB releases minutes of its monetary policy meeting. ③ Earnings Reports: Vanke, Bilibili, and Marvell Technology (after US stock market close). 5. Friday: ① Data: Japan's July unemployment rate; France's August CPI (preliminary), France's Q2 GDP (final); Switzerland's August KOF Leading Economic Index; Germany's August seasonally adjusted unemployment figures, Germany's August seasonally adjusted unemployment rate; Eurozone's August industrial sentiment index, Eurozone's August economic sentiment index; Canada's June GDP (monthly); US August Chicago PMI, US 2026 non-farm payrolls baseline change (preliminary), US August University of Michigan Consumer Sentiment Index (final), US August one-year inflation expectations (final). ② Events: A new round of domestic refined oil price adjustments will begin; Federal Reserve Chairman Warsh delivers his first speech at the Jackson Hole Economic Symposium [simultaneous interpretation]. ③ Earnings Reports: BYD, Meituan, ICBC, PetroChina, etc. 7. Saturday: ① Data: US total oil rig count for the week ending August 28.

Ontario Premier: It's time to make the U.S. suffer economic pain; restrictions need to be placed on energy, potash, and electricity shipments to the U.S.