Economic calendar: how will global turmoil affect preliminary PMI reports?

Wednesday’s macroeconomic calendar will focus primarily on the preliminary September PMI readings . Before noon, data from France, Germany, and the broader Eurozone will show whether the European economy is maintaining its moderate pace of recovery. In Poland, the August unemployment rate will be released, while in the afternoon the main focus will shift to U.S. PMI data. Consensus forecasts continue to point to significantly stronger economic activity in the U.S. than in Europe, particularly in the services sector. Beyond macroeconomic data, markets remain focused on the situation in the Middle East and the Strait of Hormuz , which continues to be an important driver of oil prices, inflation expectations, and global risk sentiment. In commodities, another key event will be the weekly EIA report on U.S. oil inventories . Later in the day, investors will also watch the auction of 5-year U.S. Treasury notes, which could have implications for Treasury yields and the U.S. dollar.
- 07:15 AM BST – France: Flash Manufacturing, Services and Composite PMIs
- 07:30 AM BST– Germany: Flash Manufacturing, Services and Composite PMIs
- 07:30 AM BST – Indonesia: Bank Indonesia interest rate decision
- 08:00 AM BST – Eurozone: Flash Manufacturing, Services and Composite PMIs
- 01:00 PM BST – US: MBA Mortgage Applications
- 02:45 PM BST – US: Flash Manufacturing, Services and Composite PMIs
- 03:05 PM BST – US: Speech by Fed’s Michael Barr
- 03:30 PM BST – US: EIA report on crude oil, gasoline and distillate inventories
- 06:00 PM BST – US: 5-year Treasury note auction
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market




