After the Jackson Hole hangover, markets are upon us next week with the preliminary inflation statement for August of the euro countries. In addition, the interest of investors is placed on the unemployment rate for this month.
Tomorrow and Tuesday, there will be sessions with no relevant macroeconomic data in Europe for the markets that are paying attention Wednesday for inflation advance releases from Germany and Spain.
Other indices will be announced on Thursday, including Consumer Prices (CPI), with the same characteristics in other euro area countries such as France, Portugal, and Italy, where the unemployment rate for July for this currency area will also be known. Europe ends the week and starts September with Friday’s release of the Gross Domestic Product (GDP) of Italy.
USA earrings
In the United States, the agenda will be broader during the week, beginning on Tuesday with the consumer confidence index for August after a Monday of little relevant macroeconomic activity for investors. Wednesday is the turn of this month’s Private Employment Survey (ADP). second revision of the GDP of the country in the second quarter.
Thursday in the US will be dominated by the August Personal Consumption Spending Index, known as the deflector PCE, which the US central bank uses as a reference for the consumer price index (CPI) to be adopted in monetary policy decisions.
The agenda of investors in the United States on Friday will be about the unemployment rate for August. However, the non-farm employment creation index, the average hourly wage report, and the ISM indicator of manufacturing activity in this country are also released on the same day.
Asian markets
In Asia, the markets are scheduled for Tuesday’s Unemployment rate in Japan for the month of July and on Thursday’s retail sales of the Japanese country and the Chinese PMI indices for August (the Chinese PMIs compiled by Caixin will be released on Friday).