WuBlockchain2026-09-28 03:22:41Week Ahead: U.S. Payrolls, China PMI, BOJ Signals and Eurozone CPI Set the Tone for Rate PricingWuBlockchain’s weekly macro preview highlights a packed calendar from Sept. 28 to Oct. 4, with markets watching China’s September PMI, the Bank of Japan’s September meeting summary and Tankan survey, the U.S. September ISM manufacturing PMI, the eurozone’s preliminary September CPI, and the U.S. September nonfarm payrolls report. The note says China’s data will show whether manufacturing demand is spreading into services and construction, while Japan’s releases will help investors judge how companies are responding after the BOJ raised its policy rate to 1.25% in September. In Europe, the key question is whether the recent inflation rebound remains concentrated in energy or is spreading into core prices. In the U.S., ISM and payrolls are described as the final pricing anchors of the week. If growth and labor data stay firm, markets may raise their expected rate path. If orders and hiring cool sharply, attention could shift from inflation toward growth and earnings risks.560
Policy Regula2026-08-30 04:02:00Markets look to U.S. payrolls and Fed Beige Book in the week aheadPANews, citing Jin10, said shifts in Federal Reserve policy expectations dominated trading this week. After remarks from Fed Chair Waller on Friday, the U.S. dollar jumped in the short term and finished at 99.69, up 0.85% for the week. Higher Treasury yields and a firmer dollar weighed on precious metals, with gold down 3.24% on the week and spot silver off 3.82%. The upcoming week centers on a dense macro calendar. Key releases include eurozone August CPI and July unemployment on Tuesday, followed by U.S. August ISM manufacturing PMI, July JOLTs job openings, and July construction spending. Wednesday brings U.S. August ADP employment and July factory orders. Early Thursday, the Federal Reserve will release its Beige Book, while later that day the market will watch eurozone services PMI, PPI, U.S. weekly jobless claims, and an interview with Fed Governor Christopher Waller. Friday’s U.S. August employment report is described as the main event. It will be the final jobs reading before the Sept. 16 policy meeting and a key test for the policy path after Waller’s hawkish stance. The report will include the unemployment rate, nonfarm payrolls, and average hourly earnings. Investors are also tracking earnings from Dell and Broadcom after Nvidia’s strong results and its roughly 70% revenue growth outlook for the next fiscal year revived enthusiasm around the AI trade.1240
Germany infla2026-07-30 12:08:45Germany Seen Posting 2.8% Inflation in July 2026, With Core Rate at 2.4%Germany is expected to post a 2.8% inflation rate in July 2026, while core inflation, which strips out food and energy, is forecast at 2.4%, according to a report cited by Jin10 and carried by ChainCatcher. Energy prices are projected to rise 8.3% from a year earlier, marking a noticeably faster increase than in the previous month. Analyst Giuseppe Dellamotta said the easing in core inflation would be welcome news for the European Central Bank. If eurozone CPI shows a similar pattern, the chances of a September rate hike would decline. Markets are also watching developments in the Middle East, as any easing in tensions could reduce the urgency for the ECB to tighten monetary policy.2160
ECB2026-07-18 05:39:41Markets expect the ECB to keep its deposit rate at 2.25% next weekMarkets are pricing in no change from the European Central Bank at next Thursday’s rate decision, after a 25-basis-point hike in June. Scotiabank said policy does not need to move in a straight line, especially during periods of elevated uncertainty, framing the current pause expectation around the ECB’s policy path. ECB President Christine Lagarde said on July 1 that upside risks to inflation and downside risks to growth may be more balanced than they were a few weeks earlier. Since then, the conflict between the United States and Iran has flared up again, with both WTI and Brent crude rising by about $12 per barrel. On the data side, eurozone headline CPI for June fell 0.1% month over month, while core CPI eased to 2.4% year over year from 2.6%. Those figures are part of the backdrop for expectations that the ECB will leave its deposit rate unchanged at 2.25%.2060