- US ISM Manufacturing PMI (August) (September 1st at 15:00 GMT+1)
July's ISM Manufacturing PMI printed at 52.8. The consensus forecast for August is 52.0.
Possible influence: Volatile US Dollar, Gold and US Stocks
- Company Earnings Season (Q2) (September 1st to September 31st)
September includes the last of the 2nd quarter calendar earnings and a few early reporters of their 3rd quarter calendar earnings. Companies reporting their quarterly financials in September include Weibo, Zynga, Nio, Zscaler, Oracle, Adobe, Costco, Federal Express, Nike, and Micron Technology.
- U.S. Unemployment Rate and Non-Farm Payrolls (NFP) (August) (September 2nd at 13:30 GMT+1)
The Unemployment rate for July was 3.5%. It is expected to remain the same at 3.5% for August. Non-Farm Payrolls are expected to fall to 300,000 for August, lower than July’s figure of 528,000.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- OPEC+ Meeting (September 5th)
OPEC+ is scheduled to hold their next meeting on September 5th. OPEC+ is made up of the original OPEC cartel plus Russia.
Possible influence: Volatile Oil, Natural Gas, Gasoline
- Reserve Bank of Australia (September 6th at 05:30 GMT+1)
The Reserve Bank of Australia will meet to decide about interest rates. The rate is currently 1.85%. It was last changed at their August meeting when it was increased by 50 basis points.
Possible Influence: Volatile AUD
● European Central Bank Meeting (September 8th at 13:15 GMT+1)
The ECB will meet to set interest rates and to discuss policy on September 8th. The Eurozone deposit rate is currently at -0.25% and the central bank seems likely to follow other major central banks by raising rates to control inflation.
Possible Influence: Volatile EUR and European stocks
- Inflation data in US (August) (September 13th at 13:30 GMT+1)
Core CPI (excluding food and energy) was 5.9%, Year-over-Year in July. August’s Core CPI is expected to fall to 6.0%, Year-over-Year. Top-line CPI for July came in at 8.5%, Year-over-Year. The forecast for Top-line CPI for August is 8.1%, Year-over-Year.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Retail Sales in US (August) (September 15th at 13:30 GMT+1)
Retail Sales were flat at 0.0%, Month-over-Month, in July. Retail Sales for August are forecast to climb to 0.1%, Month-over-Month. Core Retail Sales for July increased 0.4%, Month-over-Month. Core Retail Sales for August are expected to drop 0.1%, Month-over-Month, in August.
Possible Influence: Volatile US Dollar, Gold and US Stocks
Bank of England Meeting (September 15th at 12:00 GMT+1)
The Monetary Policy Committee of the Bank of England will meet to decide on interest rates. The current rate is 1.75%. It was raised by 50 basis points at their last meeting on August 3rd.
Possible Influence: Volatile British Pound and British stocks
U.S. Federal Reserve Meeting (September 21st at 19:00 GMT+1)
The U.S. Central Bank’s 2-day meeting concludes on September 21st. They will announce their latest interest rate decision and hold a press conference after to discuss their outlook moving forward as well as their plans for adjustments to their balance sheet. The current rate is 2.50%. They raised it 75 basis points at their last meeting on July 26th.
Possible Influence: Volatile US Dollar, Gold and US Stocks
Bank of Japan Meeting (September 22nd at 03:00 GMT+1)
The Bank of Japan meets to set rates which are expected to remain at -0.10%
Possible Influence: Volatile Japanese Yen
- United States GDP, Final Report (2nd Quarter) (September 29th at 13:30 GMT+1)
U.S. GDP fell 1.6% in the 1st Quarter, the final print of the U.S. 2nd Quarter GDP is expected to be negative 0.6%.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Ongoing Tension between the United States, Russia, Europe, and Ukraine (September)
The War in Ukraine entered its seventh month at the time of this writing. There are currently no discussions of peace talks or cease fires. In late August, Ukraine began its long awaited counteroffensive in the Southeastern part of the country around Kherson. Weapons and money continue to pour into Ukraine from Western countries including the United States. The war has stressed many commodities markets and their derivatives including natural gas, oil, and fertilizers that normally come from Russia. The war has also caused instability in agriculture markets such as wheat.
Possible Influence: Volatile US Dollar, Natural Gas, Wheat, Volatile Russian Ruble, Gold, Oil, Palladium, and US Stocks, Palladium, and US Stocks