Canada's ambassador to the United States Mark Wiseman said talks between the two countries collapsed on the evening of the 22nd because multiple issues remained unresolved, notably discrepancies between the draft written text and what Canada believed had been agreed. Wiseman told reporters on the 23rd the breakdown was not due to a single issue. The collapse has already prompted a new round of tariff measures and could further escalate the Canada–US trade dispute.

Monday — US Treasury Secretary BESSENT holds a press conference on stepped-up Iran sanctions; PDD hosts earnings call; Chinese auto results due from Leapmotor, PDD and XPeng. Tuesday — German Q2 GDP final and IFO, ADP payrolls (week to Aug 8), FHFA house prices, S&P/Case‑Shiller 20‑city, July new‑home sales, US consumer confidence (Aug), Richmond Fed manufacturing; RBA releases Aug policy minutes; Richmond Fed president Barkin (a 2027 FOMC voter) speaks; earnings from Lao Pu Gold and WuXi Biologics. Wednesday — US weekly API and EIA oil stock updates (week to Aug 21), Australia July CPI, Swiss ZEW, UK CBI retail; US core PCE (y/y and m/m), personal spending, Q2 GDP final (annualized), durable goods, and related US data; Barkin on a panel; Li Auto reports and NVIDIA reports after US close. Thursday — German GfK consumer confidence, Canada Q2 current account, initial US jobless claims, EIA gas stocks; Jackson Hole central bank symposium runs Aug 27–29; NVIDIA conference call; ECB minutes; earnings from Vanke, Bilibili and MARVELL (after US close). Friday — Japan July unemployment, France Aug CPI preliminary and Q2 GDP final, Swiss KOF, German Aug unemployment, euro‑area sentiment and industrial confidence, Canada June GDP, US Chicago PMI, prelim 2026 US nonfarm employment benchmark revision, final Michigan consumer sentiment and one‑year inflation expectations; China opens a new domestic retail fuel price window; Fed Chair KEVIN WARSH speaks at Jackson Hole (first appearance there). Corporate calendar includes BYD, Meituan, ICBC and PetroChina. Saturday — US weekly rotary rig count (week to Aug 28).

UK National Grid data shows reactors 2–7 at Xishem have returned to the grid after an outage.