PANews reported on Aug. 30, citing Jin10, that shifts in expectations for Federal Reserve policy set the tone for markets this week. After remarks from Fed Chair Waller on Friday, the U.S. dollar rose sharply in short-term trading and closed at 99.69, up 0.85% for the week. With U.S. Treasury yields and the dollar moving higher, gold stayed under pressure and fell 3.24% on the week, while spot silver dropped 3.82%.
Key events in the coming week
The following events are the main items on the market calendar for the new week, all in Beijing time:
- Monday, time to be determined: G20 finance ministers and central bank governors meeting, running through Sept. 1;
- Tuesday 17:00: eurozone August CPI and eurozone July unemployment rate;
- Tuesday 22:00: U.S. August ISM manufacturing PMI, U.S. July JOLTs job openings, and U.S. July construction spending month-on-month;
- Tuesday, time to be determined: 2026 Shanghai Cooperation Organization Council of Heads of State meeting;
- Wednesday 20:15: U.S. August ADP employment change;
- Wednesday 22:00: U.S. July factory orders month-on-month;
- Thursday 02:00: Federal Reserve Beige Book release;
- Thursday 16:00: final reading of eurozone August services PMI;
- Thursday 17:00: eurozone July PPI month-on-month;
- Thursday 20:30: U.S. initial jobless claims for the week ending Aug. 29, and an interview with Federal Reserve Governor Waller;
- Friday 03:00: 2026 FOMC voting member Hammack delivers opening remarks at the “Fed Communities” event;
- Friday 20:30: U.S. August unemployment rate, U.S. August nonfarm payrolls, and U.S. average hourly earnings for August on both yearly and monthly bases.
Payrolls report seen as the key pre-meeting signal
The report said the week’s main macro event will be the U.S. August employment report due on Friday. It will be the final labor-market reading before the Sept. 16 rate meeting and a key window for testing the policy path after Waller turned hawkish.
Earnings from AI-linked names are also on the radar
Nvidia’s strong results and its expectation for roughly 70% revenue growth in the next fiscal year have revived enthusiasm for the AI trade, according to the report. Dell (DELL.O) is scheduled to release second-quarter earnings after the close on Tuesday, Sept. 1. Market expectations call for adjusted earnings per share of $4.91, more than double the level from a year earlier. Broadcom (AVGO.O) is due to report results for the third quarter of fiscal 2026 after the close on Wednesday, Sept. 2.