Monday brings events that may impact the markets. In the eurozone, the readings of the HCOB Germany Composite PMI, Germany Manufacturing PMI, and Eurozone Manufacturing PMI are crucial for assessing the economic health of the region. In the UK, the S&P Global/CIPS UK Composite PMI, UK Manufacturing PMI, and UK Services PMI are also significant. In the U.S., the speech by FOMC Member Bostic and the Chicago Fed National Activity data could influence perceptions of the economy and monetary policy. Additionally, remarks from FOMC members, including Fed Goolsbee and FOMC Member Kashkari, are relevant for understanding potential shifts in market expectations.
Tuesday brings several key events that may impact the markets. In Japan, the au Jibun Bank Japan Manufacturing PMI and Services PMI will provide insights into economic activity. The RBA Interest Rate Decision and accompanying RBA Rate Statement are crucial for Australian markets. In the eurozone, the speech by ECB McCaul and the German Ifo Business Climate Index will offer insights into economic sentiment. In Mexico, the 1st Half-Month Core CPI and CPI data will be important for inflation readings. In the U.S., the FOMC Member Bowman speech and the CB Consumer Confidence report are significant for gauging consumer sentiment. Additionally, the API Weekly Crude Oil Stock data will be important for those following the commodities market.
Wednesday brings several key events that may impact the markets. In Japan, the BoJ Core CPI will provide insights into inflation trends. The Monthly CPI Indicator from Australia is also significant for understanding price pressures. In the eurozone, the ECB Non-monetary Policy Meeting will be closely watched for any hints about future policy direction. In the U.S., the Building Permits data is crucial for assessing the housing market, while New Home Sales will offer further insights into consumer demand. Additionally, the Crude Oil Inventories report will be important for those following the commodities market.
Thursday features a variety of impactful events across the markets. In Japan, the Monetary Policy Meeting Minutes may provide insights into the Bank of Japan's future actions. The RBA Financial Stability Review will be significant for Australia, shedding light on economic conditions. The ECB Economic Bulletin and speeches from key ECB figures, including President Lagarde, will be closely monitored in Europe for hints on monetary policy. In the U.S., several important reports will be released, including GDP figures and Durable Goods Orders, both of which are critical for understanding economic health. Additionally, the Interest Rate Decision from Mexico will be essential for those tracking the MXN.
On Friday, September 27, 2024, several important economic indicators will be released, highlighting Japan, Europe, and the U.S. Japan will report data on the Tokyo CPI, including the Core CPI Ex Food and Energy, which are essential for assessing inflation trends in the region. In Germany, data on the Unemployment Change and the Unemployment Rate will provide insight into the labor market. In the U.S., attention will focus on the Core PCE Price Index, a crucial indicator for the Fed, alongside data on Personal Income and Spending, and the consumer expectations from the Michigan Consumer Sentiment index. Finally, Mexico will release its Trade Balance, which may impact the MXN, as well as data on speculative positions for the MXN and other currencies. It's a day filled with information that could influence market trends and trading strategies.