Let’s take a look at the FXTS Weekly Market Preview for the upcoming week 23rd-27th September 2024. Discover the key events of the week ahead, including economic data releases and the quarterly reports of publicly listed companies.
Check out our FXTS Weekly Market Preview, where we outline the key events of the week ahead, including economic data releases and the quarterly reports of publicly listed companies.
Economic Highlights
This week, global PMI releases will dominate, offering insights into how economies are faring as Q3 concludes. In the US, Federal Reserve (Fed) Chair Jerome Powell’s speech will be closely watched for clues, while focus will also be on the ISM PMI and September labour market report. With slower non-farm payrolls growth and a small unemployment rise expected, these events could present a clearer picture of the Fed’’s rate cut path.
In Europe, the final Q2 GDP for the UK and Eurozone inflation will be under the spotlight. Recent PMI data suggested diverging growth trends, so these updates may provide further insights into inflationary pressures and employment conditions across the region.
Over in the Asia-Pacific region, China’s PMI data will offer early indicators of Q3 economic performance, while Bank of Japan’s Tankan survey is set to reveal shifts in business sentiment. Meanwhile, Australia’s trade and retail sales figures will gauge how its economy is holding up amidst various global challenges.
Key Events
Monday 30th September
Earnings
- Carnival Corporation (CCL) – Q3 2024
Releases
- South Korea (Industrial Production, August)
- Japan (Industrial Production, August prelim)
- China (NBS PMI, September)
- China (Caixin PMI, September)
- Germany (Retail Sales, August)
- UK (GDP, Q2 final)
- Italy (Inflation, September prelim)
- Germany (Inflation, September prelim)
- US (Fed Chair Powell Speech)
Tuesday 1st October
Earnings
- Nike, Inc. (NKE) – Q1 2025
Releases
- Australia (Retail Sales, August)
- Japan (Unemployment Rate, August)
- Japan (BoJ Summary of Opinions, September)
- Japan (Consumer Confidence, September)
- Eurozone (Inflation, September flash)
- Switzerland (Retail Sales, August)
- US (ISM Manufacturing PMI, September)
- US (JOLTs Job Openings, August)
Wednesday 2nd October
Earnings
- RPM International, Inc. (RPM) – Q1 2025
Releases
- South Korea (Inflation, September)
- Eurozone (Unemployment Rate, August)
- Brazil (Industrial Production, August)
- US (ADP Employment Change, September)
Thursday 3rd October
Earnings
- Constellation Brands, Inc (STZ) – Q2 2025
Releases
- Worldwide (Services & Composite PMIs, September)
- Australia (Trade, August)
- Switzerland (Inflation, September)
- Turkey (Inflation, September)
- US (ISM Services PMI, September)
- US (Factory Orders, August)
Friday 4th October
Earnings
- No noteworthy releases
Releases
- France (Industrial Production, August)
- UK (S&P Global Construction PMI, September)
- Italy (Retail Sales, August)
- Canada (Balance of Trade, August)
- US (Non-farm Payrolls, September)
- US (Unemployment Rate, September)
- US (Average Hourly Earnings, September)
For a more detailed look at this week’s market events, head over to our Economic Calendar or read our latest Market News.
