Global markets are preparing for a series of macroeconomic events on Aug. 26-27, including the U.S. July core personal consumption expenditures (PCE) price index, a preliminary second-quarter GDP reading, the Bank of Korea’s benchmark interest rate decision and U.S. initial jobless claims. The PCE data and GDP revision are scheduled for Aug. 26 at 12:30 p.m. UTC, the South Korean decision for Aug. 27 at 1:00 a.m. UTC and jobless claims for Aug. 27 at 12:30 p.m. UTC. Investors will assess the releases for signals about U.S. inflation, economic momentum, labor-market conditions and the future path of interest rates. The core PCE reading is the Federal Reserve’s preferred inflation gauge, while the Bank of Korea’s decision and guidance could affect the Korean won, local bonds and regional market sentiment.