
Global markets are underpinned by long-term interest rates, which remained elevated at the turn of September amid high energy prices, ample AI-related corporate debt issuance, and wide budget deficits against signs of resilient economic growth. Economic data from the US will be centered on the labor market as FOMC members note the US is at full employment, headlined by the BLS Employment Situation report. ISM PMIs are also featured. In Europe, Eurozone inflation and unemployment rates are awaited. PMIs will also be the focus in China for its first batch of August data. A busy week in Japan will include retail sales, the unemployment rate, industrial production, and consumer confidence. GDP data is due from Brazil, India, and Australia, while central banks in Canada and New Zealand will decide on policy.






