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Next week’s blockbuster nonfarm payrolls report is coming, ushering in a “super data week” for markets

BlockBeats news,September 27, global markets will see a series of major economic data releases and central bank officials’ speeches next week, with U.S. employment and inflation data, as well as Federal Reserve policy signals, deserving particular attention.

On Tuesday, the United States will release August JOLTs job openings and the September Consumer Confidence Index;

On Wednesday, it will release August core PCE price index, personal spending, the second-quarter GDP final reading, and ADP employment data, while several Federal Reserve officials will deliver speeches;

On Thursday, the United States will release September ISM manufacturing PMI and initial jobless claims, while several Federal Reserve officials, as well as officials from the Bank of England and the European Central Bank, will also speak extensively.

Friday will bring the week’s most important U.S. economic data, including September nonfarm payrolls, the unemployment rate, and average hourly earnings.

Nonfarm employment and wage data will serve as important references for markets assessing the condition of the U.S. labor market and the Federal Reserve’s subsequent policy path. In addition, the EUR region will release September CPI preliminary reading, while Japan will release its August unemployment rate.

On Sunday, OPEC+ and seven oil-producing countries will hold their monthly oil policy meeting, with markets watching for the latest arrangements regarding crude oil supply policy; Australia will also switch to daylight saving time that day.

Original link https://m.theblockbeats.info/flash/369200