BlockBeats reported on Sept. 27 that next week’s marquee macro release will be Friday’s U.S. nonfarm payrolls report.
The report includes three core readings — nonfarm payrolls, the unemployment rate and average hourly earnings. Those figures are directly tied to the Federal Reserve’s rate path and stand out as one of the most important labor-market releases ahead of the Fed’s October policy meeting.
Key events on next week’s calendar
The following schedule is listed in Beijing time:
- Wednesday 20:15 — U.S. September ADP employment change
- Wednesday 20:30 — U.S. August core PCE price index, annual rate
- Thursday 16:00 — Bank of England Governor Andrew Bailey speaks
- Thursday 20:30 — U.S. initial jobless claims for the week ending Sept. 26
- Thursday 21:30 — European Central Bank President Christine Lagarde speaks
- Friday 20:30 — U.S. September seasonally adjusted nonfarm payrolls and unemployment rate
Fed officials will be active through the week
Public appearances by Federal Reserve officials will pick up from early Wednesday.
Chicago Fed President Austan Goolsbee, a 2027 FOMC voter, and St. Louis Fed President Alberto Musalem, a 2028 FOMC voter, are both scheduled to speak. New York Fed President John Williams, a permanent FOMC voter, will deliver a keynote speech at the University at Buffalo.
On Thursday, Fed Governor Lisa Cook, Minneapolis Fed President Neel Kashkari and Richmond Fed President Thomas Barkin will also speak. On Friday, Williams and Dallas Fed President Lorie Logan remain on the public schedule.
U.S. earnings to watch
In U.S. equities, Micron (MU.O) is due to report after the close on Wednesday. Nike (NKE.N) will release its latest quarterly results on Thursday. The two companies are tied to two separate market themes: memory chips and consumer demand.