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
Wednesday’s macroeconomic calendar is packed with interesting releases from the world’s largest economies as well as several central bank decisions. Earlier in the day, we already received the RBNZ interest rate decision . Ahead, markets will focus on Eurozone PPI inflation and the Polish Monetary Policy Council’s interest rate decision . In the afternoon, attention will shift primarily to the US, where the ADP employment report and factory orders will be released. We will also receive the Bank of Canada interest rate decision and the latest EIA oil and gas inventory report . Detailed calendar for the day:
- 10:00 AM GMT – Eurozone: PPI inflation for July. Consensus: +0.3% MoM
- 01:15 PM GMT – US: ADP private employment report for August. Consensus: 75–95k , previous: 98k
- 02:00–03:00 PM GMT – Poland: RPP interest rate decision . Markets expect either a hold at 5.75% or a 25 bp rate cut
- 02:45 PM GMT – Canada: Bank of Canada interest rate decision . Rates expected to remain unchanged at 4.25%
- 03:00 PM GMT – US: Factory orders for July. Consensus: -0.3% MoM , unchanged from the previous reading
- 03:30 PM GMT – US: EIA oil and gas inventories . Expected crude oil inventory change: -1.5 million barrels , natural gas: +15 Bcf
