Global markets are set for several risk events during the week of Aug. 24, with renewed U.S.-Iran tensions emerging as the main focus and potentially testing the cryptocurrency market’s long-absent rebound. U.S. Treasury Secretary Bessent said the Trump administration would announce new sanctions against Iran on Monday, while Trump previously warned that countries supporting Iran could face economic consequences. Key events, listed in Beijing time, include Bessent’s news conference on Monday; U.S. July core PCE inflation, personal spending and revised second-quarter real GDP data on Wednesday; Nvidia’s earnings report after the U.S. market close on Wednesday; the Aug. 27-29 Jackson Hole global central-bank meeting and Federal Reserve Chair Warsh’s first speech on Thursday; and Friday releases including the Chicago PMI, the preliminary 2026 nonfarm payroll benchmark revision, the final University of Michigan consumer sentiment reading and the final one-year inflation expectations reading.