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DTSTART;TZID=UTC:20260907T000000
DTEND;TZID=UTC:20260907T235959
DTSTAMP:20260825T104635Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104635Z
UID:1347-1788739200-1788825599@www.financecalendar.com
SUMMARY:NYSE/NASDAQ: Labor Day 2026
DESCRIPTION:NYSE & Nasdaq are closed on Monday\, September 7\, 2026 for Labor Day. \n\nBond market\nClosed\nNext holiday\nThanksgiving Day\, November 26\, 2026\nRegular hours\n9:30 am to 4:00 pm ET\n\nFull schedule and background: Stock Market Holidays. \nUpdated August 25\, 2026 \n\nUS equity and fixed income markets will be closed on Monday\, September 7\, 2026\, in observance of Labor Day\, a federal public holiday celebrated on the first Monday of September each year. The New York Stock Exchange (NYSE) and the Nasdaq will be fully closed for the session. The closure marks the traditional end of the summer trading season in the United States\, with full trading activity resuming on Tuesday\, September 8\, 2026. The week following Labor Day is historically one of the busiest on the financial calendar\, with institutional investors returning from summer schedules and significant economic data releases concentrated in the opening weeks of September. \nWhat is Labor Day?\nLabor Day is a federal public holiday in the United States honouring the contributions of workers and the labour movement. Observed on the first Monday of September\, the holiday has roots in the late 19th-century labour movement and was declared a federal holiday in 1894. It is one of nine annual NYSE market holidays\, and its position on the calendar gives it particular significance in financial markets as the symbolic dividing line between the summer trading period and the busier autumn season. \nThe summer months of July and August are traditionally characterised by lighter trading volumes\, as institutional portfolio managers and senior traders take vacations\, reducing liquidity and sometimes exaggerating price moves on lower participation. Labor Day weekend is the moment when the market year effectively shifts back into full gear. Volumes typically increase markedly in the week of September 8\, as asset allocators return to desks\, central bank policy meetings move back onto the calendar\, and a dense schedule of economic data releases begins in earnest. \nFrom a market-structure standpoint\, the Labor Day closure is consistent across all major US exchange venues. NYSE\, Nasdaq\, NYSE Arca\, NYSE American\, CBOE\, and their affiliated options and equities platforms all suspend trading for the full session on the first Monday of September. The holiday also falls within the Federal Reserve’s pre-meeting quiet period ahead of the September Federal Open Market Committee (FOMC) meeting\, adding another layer of significance to the post-Labor Day trading week for interest rate markets. \nAt a Glance\n\nMarket holiday date: Monday\, September 7\, 2026\nHoliday: Labor Day (first Monday of September)\nMarkets closed: NYSE\, Nasdaq\, CBOE\, US options exchanges\, US fixed income markets (SIFMA full close)\nCME futures: Equity futures closed September 7; reopen Sunday\, September 6 at 5:00 p.m. CT / reopening for Monday session\nNext trading session: Tuesday\, September 8\, 2026\nEarly close: None; no adjacent early-close recommendation for Friday\, September 4\n\nLabor Day 2026: Markets and Trading Schedule\nThe NYSE Group has designated Monday\, September 7\, 2026\, as a full market holiday. All US equity\, ETF\, and listed options markets will be closed for the entire trading day. There is no partial session or early-close arrangement. Trading resumes with the normal opening session on Tuesday\, September 8\, 2026\, at 9:30 a.m. Eastern Time. \nUS Treasury markets and the broader fixed income complex will observe a full close on Labor Day in line with SIFMA guidance. There is no early close recommended for the preceding Friday\, September 4\, which is itself a notable trading day — the US Employment Situation (Non-Farm Payrolls) for September 2026 is scheduled for that Friday morning. A high-impact jobs report on the last trading day before a three-day weekend has historically produced significant market reactions\, as traders may be reluctant to carry large positions over the long weekend in the event of a surprise reading. \nCME Group equity index futures — covering S&P 500\, Nasdaq 100\, Dow Jones Industrial Average\, and Russell 2000 contracts — will halt trading for the Labor Day session. Electronic trading in these products typically suspends from the prior evening and resumes on Sunday\, September 6\, at 5:00 p.m. Central Time. Energy\, metals\, and agricultural futures may follow separate schedules\, and traders should consult the CME Group’s official holiday calendar for product-specific information. \nWhy Labor Day Matters for Markets\nLabor Day weekend marks the transition from the low-liquidity summer period to the denser\, higher-volume autumn trading season. Historically\, trading volumes in the week following Labor Day are among the highest of the calendar year\, reflecting the return of institutional capital\, the activation of rebalancing programmes\, and the commencement of autumn earnings season build-up. Fixed income markets\, in particular\, often see a surge in new corporate bond issuance in the first week of September\, as companies that delayed capital market activity during the summer rush to price deals before quarter-end on September 30. \nThe Federal Reserve’s September FOMC meeting falls in the third week of September\, making the post-Labor Day period a particularly sensitive time for interest rate markets. The FOMC Rate Decision for September 2026 will be one of the first major policy events of the autumn calendar\, and the economic data flow in the week of September 8 — including any revisions to the August jobs report and the first September sentiment indicators — will inform how markets price the rate decision probability. The Fed enters its pre-meeting quiet period in advance of the September meeting\, meaning no new guidance from policymakers will emerge once that window opens. \nFor equity investors\, the post-Labor Day return has a historical pattern of above-average volatility in certain years. The September effect — a well-documented seasonal tendency for equity markets to underperform in September — is partly attributed to the change in market composition as summer-reduced liquidity gives way to more aggressive institutional positioning. Whether 2026 follows this pattern will depend heavily on the trajectory of inflation\, Federal Reserve signalling\, and the NFP print on September 4. \nThe September 2026 Trading Week\nThe week of September 8\, 2026\, will be the first full trading week after the Labor Day break and one of the most closely watched weeks of the autumn. The Non-Farm Payrolls report released on September 4 will still be reverberating in markets as they reopen for Tuesday’s session. In addition\, the ECB Rate Decision for September 2026 is scheduled for September 10\, just days into the post-holiday week. The combination of a significant US labour market print and a major central bank decision within the same week makes the Labor Day break of 2026 particularly consequential for risk positioning across equities\, foreign exchange\, and interest rate markets. \nThe ECB Rate Decision September 2026\, in particular\, will attract attention from currency traders and European equity investors who have been calibrating their positions around the European Central Bank’s autumn policy trajectory. The US and European central bank calendars running in close proximity to the post-Labor Day reopening creates a compressed period of high-impact events in which position management and risk limits require careful attention. \nSettlement and Operational Implications\nUnder T+1 equity settlement rules\, trades executed on Friday\, September 4\, will settle on Tuesday\, September 8\, with the Monday holiday excluded from the settlement count. Operations teams managing daily cash flows\, fund redemptions\, or repo agreements should plan around this extended settlement window. The combination of a high-impact NFP release on September 4 and a one-day settlement extension means that positions established on the basis of the jobs data will take an additional day to clear through the settlement system. \nCorporate treasury and asset management teams running month-end and quarter-end liquidity operations should note that Labor Day falls early in September 2026\, leaving the full trading month of September active from September 8 onwards. This compresses the effective trading window for September quarter-end rebalancing into a three-week period from September 8 to September 30\, which can intensify end-of-quarter flows in the final week of the month. \nRelated Events\n\nUS Employment Situation (Non-Farm Payrolls) September 2026 — Released on Friday\, September 4\, the last trading day before Labor Day; directly shapes market positioning going into the long weekend.\nECB Rate Decision September 2026 — Scheduled for September 10\, the first major central bank event of the post-Labor Day trading week.\nFOMC Rate Decision September 2026 — The Federal Reserve’s autumn policy meeting\, shaped by the jobs and inflation data released in the week following Labor Day.\n\nFrequently Asked Questions\nWhy is US Labor Day observed in September rather than May 1?\nThe United States chose the first Monday of September rather than May 1 (International Workers’ Day\, observed in most countries) for political reasons in the late 19th century. The September date was promoted by the American Federation of Labor and the Knights of Labor as a way to celebrate workers without association with the socialist movements linked to May Day in Europe. Congress designated it a federal holiday in 1894. For financial markets\, the September date places it at a natural seasonal transition point — the end of the summer trading lull and the start of the busier autumn calendar. \nWhich US markets are closed on Labor Day 2026?\nAll major US equity and derivatives exchanges are closed on Monday\, September 7\, 2026: the NYSE\, Nasdaq\, NYSE Arca\, NYSE American\, CBOE\, and their affiliated options markets. US Treasury and investment-grade bond markets observe a full close per SIFMA guidance. CME Group equity index futures suspend trading and reopen Sunday\, September 6\, at 5:00 p.m. Central Time. Foreign exchange markets continue to operate globally with reduced US participation. \nWhat happens to trades placed on the Friday before Labor Day?\nEquity trades executed on Friday\, September 4\, 2026\, will settle on Tuesday\, September 8\, 2026\, under T+1 settlement rules\, with the Monday holiday excluded from the count. Investors and operations teams should factor this into any funding\, margin call\, or net asset value calculations that depend on same-day or next-day settlement. Options expiries and futures roll dates scheduled around this period should be checked against exchange-specific holiday calendar rules.
URL:https://www.financecalendar.com/event/nyse-nasdaq-labor-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260907T000000
DTEND;TZID=America/New_York:20260907T235959
DTSTAMP:20260902T114741Z
CREATED:20260902T114741Z
LAST-MODIFIED:20260902T114741Z
UID:2513-1788739200-1788825599@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Labour Day 2026? TSX Hours
DESCRIPTION:Toronto Stock Exchange are closed on Monday\, September 7\, 2026 for Labour Day. \n\nNext holiday\nThanksgiving Day\, October 12\, 2026\nRegular hours\n9:30 am to 4:00 pm ET\n\nFull schedule and background: TSX Holidays. \nUpdated September 2\, 2026 \n\nThe Toronto Stock Exchange (TSX) is closed on Monday\, September 7\, 2026 for Labour Day\, a statutory holiday observed across Canada. The TSX Venture Exchange and Canadian bond markets follow the same schedule\, so no equity or fixed income trading takes place in Canada that day. Orders entered on the holiday are queued and will be executed when the market reopens on Tuesday\, September 8\, 2026\, and trades placed that Tuesday settle according to the normal T+1 cycle. For the full run of upcoming closures and early closes\, see the TSX holiday calendar. \nBecause Labour Day falls on the same date across most of North America\, United States markets including the New York Stock Exchange and Nasdaq are also closed on September 7\, 2026. This means Canadian and US equities are shut simultaneously\, which is common for this particular holiday but is not guaranteed for every closure on either calendar. \nWhich markets are closed on Labour Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nTSX (equities)\nClosed\nStatutory holiday in Canada\n\n\nTSX Venture Exchange\nClosed\nFollows TSX schedule\n\n\nCanadian bond market\nClosed\nFixed income dealers observe the holiday\n\n\nMontreal Exchange (derivatives)\nClosed\nFollows Canadian holiday schedule\n\n\nNYSE and Nasdaq\nClosed\nUS Labor Day coincides with Canadian Labour Day\n\n\nCME (US futures)\nClosed for equity index products\nSome contracts have shortened electronic sessions\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nUK does not observe this holiday\n\n\nEuronext\nOpen (regular hours)\nNo European equivalent holiday on this date\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nNot affected by the North American holiday\n\n\n\nIs the market open the day before and after?\nFriday\, September 4\, 2026 is a normal full trading day on the TSX\, with regular hours of 9:30 am to 4:00 pm ET and no early close scheduled. The exchange reopens on Tuesday\, September 8\, 2026 at the usual 9:30 am ET open. There is no early close attached to Labour Day itself; the exchange simply does not open at all. The most recent prior closure was for Civic Day on August 3\, 2026\, and the next scheduled closure after Labour Day is Thanksgiving Day on October 12\, 2026. \nWhy do markets close for Labour Day?\nLabour Day has been a statutory public holiday in Canada since 1894\, marking the contribution of workers to the economy and originating from the labour movement’s campaigns for shorter working hours in the late nineteenth century. It falls on the first Monday of September every year\, which is why the exact date moves between years\, and it typically also marks the unofficial end of summer for many Canadians. \nCanadian exchanges close on this and other statutory holidays partly because banks\, government offices and most businesses are also shut\, meaning trading volumes and settlement infrastructure would be thin and unreliable if markets tried to stay open. Aligning the TSX closure with the US Labor Day\, which falls on the same date\, also avoids the operational complications of running a market when its largest trading partner is shut. \nWhat It Means for Your Money\nIf you place an order with a Canadian broker on Labour Day\, it will simply wait in the queue and be sent to the market when trading resumes on Tuesday morning. Trades executed on the reopening day settle one business day later under the standard T+1 settlement cycle\, so a trade on September 8 settles on September 9\, 2026. \nDividend record dates and options expiries scheduled for the holiday itself are shifted to the next trading day by the exchange\, so investors with positions expiring around this date should check with their broker for the adjusted timetable. Bank transfers and payroll processing in Canada may also be delayed by a day if they rely on the same banking holiday\, since most Canadian banks close for Labour Day as well. Cryptocurrency markets are unaffected by any of this and continue trading 24 hours a day\, seven days a week\, including through the holiday. \nFor long-term investors and pension savers\, a single-day closure has no meaningful effect on portfolio value; it simply pauses the ability to buy or sell for one session. Mortgage rates\, savings account rates and currency markets involving the Canadian dollar are not directly affected by the exchange closure\, though thinner global liquidity around a shared Canada-US holiday can occasionally produce quieter price action in the loonie against the US dollar\, the pound and the euro. \nRemaining TSX holidays in 2026\n\nThanksgiving Day\, October 12\, 2026 (closed)\nChristmas Eve\, December 24\, 2026 (early close at 1:00 pm ET)\nChristmas Day\, December 25\, 2026 (closed)\nBoxing Day (observed)\, December 28\, 2026 (closed)\n\nFrequently Asked Questions\nIs the stock market open on Labour Day 2026?\nNo\, the Toronto Stock Exchange and the TSX Venture Exchange are both closed on Monday\, September 7\, 2026. \nIs the bond market open on Labour Day?\nNo\, the Canadian fixed income market also closes for Labour Day\, alongside equities and derivatives on the Montreal Exchange. \nWhat time does the TSX close before Labour Day?\nFriday\, September 4\, 2026 is a full trading day with regular hours of 9:30 am to 4:00 pm ET; there is no early close before this particular holiday. \nWhen is the next market holiday after Labour Day?\nThe next scheduled TSX closure is Thanksgiving Day on October 12\, 2026. \nAre Canadian banks open on Labour Day?\nMost Canadian banks are closed for the Labour Day statutory holiday\, which can delay processing of transfers and payments initiated that day.
URL:https://www.financecalendar.com/event/tsx-labour-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260907T000000
DTEND;TZID=America/New_York:20260907T235959
DTSTAMP:20260902T123958Z
CREATED:20260902T123958Z
LAST-MODIFIED:20260902T123958Z
UID:2518-1788739200-1788825599@www.financecalendar.com
SUMMARY:Is the Bond Market Open on Labor Day 2026? SIFMA Hours
DESCRIPTION:US Bond Market (SIFMA) are closed on Monday\, September 7\, 2026 for Labor Day. \n\nNext holiday\nColumbus Day\, October 12\, 2026\nRegular hours\n8:00 am to 5:00 pm ET (SIFMA recommended)\n\nFull schedule and background: Bond Market Holidays. \nUpdated September 2\, 2026 \n\nThe US bond market is closed on Monday\, September 7\, 2026 for Labor Day\, following the recommended holiday schedule published by the Securities Industry and Financial Markets Association (SIFMA). SIFMA does not run the bond market itself but issues the trading and settlement recommendations that dealers\, banks and brokers across the US Treasury\, mortgage-backed securities and municipal bond markets follow. On this day there is no new bond trading activity in the US\, no settlement processing\, and no update to benchmark Treasury yields until markets reopen on Tuesday\, September 8\, 2026. Any bond orders entered on the holiday queue for the next business session. For the full run of dates\, see the bond market holidays calendar. \nBecause equities and bonds in the US both observe federal holidays\, the New York Stock Exchange and Nasdaq are also shut that day. Only cryptocurrency markets\, which trade around the clock every day of the year\, remain unaffected. \nWhich markets are closed on Labor Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nUS Bond Market (SIFMA)\nClosed\nNo trading or settlement; recommended closure across Treasuries\, MBS and munis\n\n\nNYSE and Nasdaq (equities)\nClosed\nFederal holiday; both exchanges shut all day\n\n\nCME futures (rates\, equity index\, commodities)\nClosed\nMost CME markets have no trading session; some products have a shortened Sunday evening open\n\n\nUS options (Cboe\, NYSE\, Nasdaq)\nClosed\nFollows the equity market calendar\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nLabor Day is a US-only holiday; UK markets trade as normal\n\n\nEuronext (Paris\, Amsterdam\, Brussels)\nOpen (regular hours)\nNo corresponding European holiday on this date\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nNot a Japanese public holiday\n\n\n\nIs the market open the day before and after?\nFriday\, September 4\, 2026 is a full\, regular trading day for the bond market\, with SIFMA’s recommended hours running from 8:00 am to 5:00 pm ET. There is no early close ahead of Labor Day: the market trades a full session on the Friday\, closes completely on the Monday holiday\, and reopens with normal hours on Tuesday\, September 8\, 2026. Unlike the day after Thanksgiving or Christmas Eve\, Labor Day itself does not come with a shortened trading day either side\, so investors should not expect any 1:00 pm ET early finish connected to this particular holiday. \nWhy do markets close for Labor Day?\nLabor Day became a US federal holiday in 1894\, created to honour the contributions of American workers and the labour movement following decades of organised campaigning for shorter hours and safer conditions. It falls on the first Monday in September each year. \nFinancial markets\, including the bond market\, have observed it as a full closure ever since it became a recognised holiday\, alongside other exchanges and clearing systems that follow the same federal calendar. The pause gives back-office and settlement staff a break at the point in the year when trading volumes typically begin to build again after the quieter summer months\, and it aligns with bank holidays so that most parts of the financial system are shut in unison rather than only some. \nWhat It Means for Your Money\nIf you have a pending bond trade\, a bond fund order\, or a bond ETF trade that would normally settle around this date\, expect it to move by one business day. US Treasury and corporate bond settlement generally runs on a T+1 basis\, so a trade that would have settled on Monday will instead settle on Tuesday\, September 8\, 2026. This has knock-on effects for anyone relying on that cash being available\, including retirees drawing income from bond funds and treasury managers at companies who plan cash flow around coupon payments. \nInterest payments and coupon dates scheduled for Labor Day itself are typically paid on the next business day rather than being lost\, but check the specific terms of any bond or fund you hold if a payment date falls on or near September 7. Mortgage rates\, which are priced off Treasury yields\, will simply reflect the last available yield from Friday’s close until bond trading resumes Tuesday; there is no new pricing signal from the market during the holiday. Bank branches in the US are closed on Labor Day\, so in-person transactions\, wire transfers and some payroll processing may be delayed by a day\, which matters if you are expecting a salary payment or a transfer to clear around this date. Savings account interest continues to accrue as normal since it is calculated daily regardless of market hours. Currency markets\, including trading in the dollar\, pound and euro\, remain largely liquid globally even when the US is closed\, though volumes are typically thinner. Cryptocurrency markets are unaffected and continue trading 24 hours a day\, seven days a week. \nRemaining SIFMA bond market holidays in 2026\n\nColumbus Day: Monday\, October 12\, 2026 (closed)\nVeterans Day: Wednesday\, November 11\, 2026 (closed)\nThanksgiving Day: Thursday\, November 26\, 2026 (closed)\nDay After Thanksgiving: Friday\, November 27\, 2026 (early close\, 2:00 pm ET)\nChristmas Eve: Thursday\, December 24\, 2026 (early close\, 2:00 pm ET)\nChristmas Day: Friday\, December 25\, 2026 (closed)\nNew Year’s Eve: Thursday\, December 31\, 2026 (early close\, 2:00 pm ET)\n\nFrequently Asked Questions\nIs the stock market open on Labor Day 2026?\nNo. The NYSE and Nasdaq are closed on Monday\, September 7\, 2026\, the same day the bond market is closed\, since Labor Day is a shared US federal holiday. \nIs the bond market open the day after Labor Day?\nYes. The bond market resumes its normal SIFMA-recommended hours of 8:00 am to 5:00 pm ET on Tuesday\, September 8\, 2026. \nWhat time does the bond market normally close?\nSIFMA recommends bond trading run from 8:00 am to 5:00 pm ET on a regular day\, though on Labor Day there is no trading session at all. \nWhen is the next bond market holiday after Labor Day?\nThe next scheduled closure is Columbus Day on Monday\, October 12\, 2026. \nAre banks open on Labor Day?\nNo. US retail and commercial banks are generally closed on Labor Day\, which can delay in-person transactions\, wire transfers and some payroll processing by one business day.
URL:https://www.financecalendar.com/event/bond-market-labor-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260907T000000
DTEND;TZID=America/New_York:20260907T235959
DTSTAMP:20260902T124110Z
CREATED:20260902T124109Z
LAST-MODIFIED:20260902T124110Z
UID:2520-1788739200-1788825599@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Labor Day 2026? CME Futures Hours
DESCRIPTION:CME Group Futures close early at 12:00 pm local on Monday\, September 7\, 2026 for Labor Day (Equity Futures Halt 12:00 CT). \n\nNext holiday\nThanksgiving Day (Equity Futures Halt 12:00 CT)\, November 26\, 2026\nRegular hours\n5:00 pm to 4:00 pm CT (Sun-Fri\, with 4:00-5:00 pm daily maintenance break)\n\nFull schedule and background: CME Futures Holidays. \nUpdated September 2\, 2026 \n\nUS stock markets are fully closed on Monday\, September 7\, 2026 for Labor Day\, and CME Group’s equity index futures trading halts at 12:00 pm local time (Central Time) as part of the exchange’s holiday schedule. That means no new equity futures trades can be executed after midday\, and cash equities on the New York Stock Exchange and Nasdaq do not trade at all that day. Any stock orders placed on the holiday sit in the queue and are not executed until markets reopen on Tuesday\, September 8\, 2026. For a full year-round view of futures trading hours\, see the CME Futures Holidays calendar. \nBecause Labor Day falls on the first Monday in September\, both the cash equity market and the futures market observe it\, but in different ways. NYSE and Nasdaq shut completely for the day. CME Group’s equity index futures\, which normally trade almost around the clock from Sunday evening through Friday afternoon\, keep the Sunday overnight session open but halt trading at 12:00 pm Central Time (1:00 pm Eastern Time\, 6:00 pm London time) on the Monday holiday itself. \nWhich markets are closed on Labor Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nNYSE and Nasdaq (equities)\nClosed\nFull-day closure\, no cash equity trading\n\n\nUS bond market (SIFMA recommendation)\nClosed\nSIFMA recommends a full bond market close for Labor Day\n\n\nCME equity index futures (S&P 500\, Nasdaq-100\, Dow)\nHalted from 12:00 pm CT\nSunday overnight session runs\, then trading halts at midday\n\n\nUS options market\nClosed\nFollows the equity market schedule\n\n\nLondon Stock Exchange\nOpen (regular hours)\nUK does not observe US Labor Day\n\n\nEuronext\nOpen (regular hours)\nEuropean exchanges trade as normal\n\n\nTokyo Stock Exchange\nOpen (regular hours)\nJapan does not observe this US holiday\n\n\n\nIs the market open the day before and after?\nFriday\, September 4\, 2026 is a normal full trading day on NYSE and Nasdaq\, with no early close ahead of the long weekend. CME equity futures trade their usual Sunday evening reopening on September 6\, 2026\, but that Sunday-into-Monday session ends early\, halting at 12:00 pm CT on the Monday holiday rather than running through to the next scheduled break. Trading resumes as normal on Tuesday\, September 8\, 2026\, when both cash equities and futures return to their regular hours\, which for CME futures runs 5:00 pm to 4:00 pm CT (Sunday to Friday)\, with a daily maintenance break between 4:00 pm and 5:00 pm. \nWhy do markets close for Labor Day?\nLabor Day was established as a US federal holiday in 1894\, created to honour the American labour movement and the contributions of workers to the country’s economic development. It falls on the first Monday of September every year. \nFinancial exchanges\, including NYSE\, Nasdaq and CME Group\, have observed Labor Day as a full or partial closure for decades\, aligning with the federal holiday calendar and giving traders\, brokers and exchange staff the day off alongside other American workers. The specific arrangement for futures\, where an overnight session runs before halting at midday\, reflects the near-continuous nature of futures trading compared with the fixed daily hours of cash equity markets. \nWhat It Means for Your Money\nIf you have a pending stock trade\, it will not execute on Labor Day itself. Orders placed through a broker on September 7\, 2026 queue up and are filled when trading resumes on September 8\, 2026\, at that day’s opening price rather than any price you might have seen on the holiday. Trade settlement\, which in the US follows a T+1 (trade date plus one business day) cycle\, is also pushed back\, so a trade executed on Friday\, September 4 settles on Tuesday\, September 8 rather than Monday\, since the holiday does not count as a settlement day. \nAnyone holding CME equity futures positions\, often used by professional traders and some pension funds to hedge exposure to the S&P 500 or Nasdaq-100\, should note that the halt at 12:00 pm CT means no adjustments can be made to those positions for the rest of the holiday. Dividend payment dates and options expiry schedules that would normally fall on a holiday are typically shifted to the next business day. Bank transfers and payroll processing through the US banking system are also generally delayed\, as most US banks are closed for Labor Day. Cryptocurrency markets\, unlike traditional exchanges\, continue trading 24 hours a day throughout the holiday with no interruption. \nFor UK\, European and Asian investors\, US market closures on Labor Day mean no fresh price signals from Wall Street during the American trading day\, which can occasionally reduce liquidity and widen spreads in related instruments\, such as US-listed ETFs traded on European exchanges\, even though those local markets remain open. \nRemaining CME Futures holidays in 2026\n\nThanksgiving Day (Equity Futures Halt 12:00 CT)\, November 26\, 2026: early close\nDay After Thanksgiving (Early Close)\, November 27\, 2026: early close at 12:15 pm CT\nChristmas Eve (Early Close)\, December 24\, 2026: early close at 12:15 pm CT\nChristmas Day\, December 25\, 2026: closed\n\nFrequently Asked Questions\nIs the stock market open on Labor Day 2026?\nNo. The New York Stock Exchange and Nasdaq are fully closed on Monday\, September 7\, 2026. \nIs the bond market open on Labor Day?\nNo. SIFMA recommends that the US bond market close for the full day on Labor Day. \nWhat time do CME equity futures halt on Labor Day?\nCME equity index futures trading halts at 12:00 pm local time (Central Time)\, which is 1:00 pm Eastern Time and 6:00 pm London time. \nWhen is the next CME futures holiday after Labor Day 2026?\nThe next scheduled holiday is Thanksgiving Day on November 26\, 2026\, when equity futures again halt trading at 12:00 pm CT. \nAre US banks open on Labor Day?\nNo\, most US banks are closed on Labor Day\, which can delay transfers and payroll processing scheduled for that day.
URL:https://www.financecalendar.com/event/cme-futures-labor-day-equity-futures-halt-12-00-ct-2026-early-close/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260907T195000
DTEND;TZID=America/New_York:20260907T205000
DTSTAMP:20260826T032437Z
CREATED:20260826T032437Z
LAST-MODIFIED:20260826T032437Z
UID:2257-1788810600-1788814200@www.financecalendar.com
SUMMARY:Japan GDP September 2026
DESCRIPTION:Next Japan GDP: Tuesday\, September 8\, 2026 at 8:50 am JST (7:50 pm ET\, 12:50 am London). Covers Q2 2026 data. \n\nConsensus\nNot yet published for the September 8 revision; first preliminary Q2 2026 reading was 0.3% QoQ\, 1.1% annualised versus forecasts of 0.5% and 2.0%\nPrior\nQ1 2026 revised: 0.5% QoQ\, 1.8% annualised\nActual\nPending\n\nFull schedule and background: Japan GDP. \nUpdated August 25\, 2026 \n\nJapan’s Cabinet Office publishes the second preliminary (revised) reading of second-quarter 2026 gross domestic product on Tuesday\, September 8\, 2026\, at 8:50am Japan Standard Time. That falls at 7:50pm ET on Monday\, September 7 in New York and 12:50am London time on the 8th\, because Japan is well ahead of both Western time zones. This revision covers economic activity across April to June 2026. For the full release calendar and background on how Japan reports growth\, see Japan GDP. \nWhat is Japan’s GDP report?\nGross domestic product measures the total value of goods and services produced in Japan over a period\, usually reported quarter on quarter and then annualised\, which extrapolates that quarterly pace over a full year as though it continued unchanged. The Cabinet Office’s Economic and Social Research Institute (ESRI) compiles the figures from spending\, output and income data across households\, businesses and government. \nJapan releases GDP twice for each quarter. A first preliminary estimate comes roughly six weeks after the quarter ends\, built on partial data. A second preliminary estimate follows around six weeks later\, incorporating fuller corporate capital spending and inventory figures from the Ministry of Finance. The September 8 release is this second\, revised estimate for Q2 2026. \nInvestors watch GDP because it is the broadest single gauge of whether an economy is expanding or contracting. For Japan specifically\, the Bank of Japan weighs GDP trends\, alongside inflation and wage data\, when deciding whether conditions justify further interest rate moves after its long exit from ultra-loose policy. \nWhen is the Q2 2026 GDP revision released?\nThe Cabinet Office releases the data at 8:50am JST on September 8\, 2026\, on the ESRI website. There is no scheduling uncertainty attached to this release: Japan’s Cabinet Office confirms exact GDP dates well in advance and has not flagged any change to this slot. \nWhat is the consensus forecast?\nA consensus forecast for the September 8 revision had not been published at the time of writing\, since analyst polls for second preliminary GDP readings typically appear only in the days immediately before release. The number being revised is the first preliminary estimate published on August 17\, 2026\, which showed real GDP growing 0.3% quarter on quarter\, or 1.1% annualised\, according to Trading Economics. That missed economists’ prior expectations of 0.5% quarter on quarter and 2.0% annualised\, and slowed from a downwardly revised 0.5% quarter-on-quarter (1.8% annualised) expansion in Q1 2026\, per the same source. \n\n\n\nMeasure\nPrior (Q1 2026\, revised)\nFirst preliminary Q2 2026\n\n\n\n\nGDP\, quarter on quarter\n0.5%\n0.3%\n\n\nGDP\, annualised\n1.8%\n1.1%\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nRevised above 0.3% QoQ\nYen could firm modestly if traders see it supporting further Bank of Japan tightening\nThe economy grew a bit faster than first thought\, easing concern about a stalling recovery\n\n\nRevised in line with 0.3% QoQ\nLimited reaction\, since the first estimate is already priced in\nGrowth confirmed as modest\, dominated by exports rather than household spending\n\n\nRevised below 0.3% QoQ\, or negative\nYen could soften on reduced expectations of near-term rate rises\nThe economy grew less than reported\, or shrank\, adding to doubts about domestic demand\n\n\n\nThese are possibilities\, not predictions. Capital expenditure data due from the Ministry of Finance ahead of the release is the main swing factor\, since business investment estimates get revised most heavily between the first and second GDP readings. \nWhy does this release matter right now?\nThe first preliminary reading showed private consumption\, which accounts for more than half of Japanese GDP\, flat quarter on quarter\, its first non-positive reading in eight quarters\, according to BigGo Finance. Growth was instead carried by net exports\, which added 0.5 percentage points\, while domestic demand subtracted 0.2 points. Trading Economics reported that economists expect private consumption to soften further in the third quarter as import costs and broader price pressures squeeze households. The Bank of Japan is watching whether wage gains\, real compensation of employees rose 0.8% to 0.9% quarter on quarter in the first estimate\, eventually feed through into stronger spending\, a key condition it has cited for further policy normalisation. \nWhat It Means for Your Money\nMortgages and borrowing: a stronger-than-expected GDP revision would support the case for the Bank of Japan to keep raising rates\, which could push up variable-rate borrowing costs for Japanese households and businesses. A weaker revision reduces that pressure. \nSavings: higher Japanese rates gradually improve returns on yen deposits\, which have been unusually low for years\, though any change from a single GDP revision is likely to be small. \nJobs and wages: soft consumption alongside rising real wages suggests households are saving rather than spending pay gains\, a pattern worth watching if it persists into the third quarter. \nPrices: the GDP deflator\, a broad measure of price changes across the economy\, rose 2.6% year on year in the first estimate\, underscoring that inflation remains a live issue in Japan even as growth slows. \nInvestments\, pensions and currencies: a weaker yen tends to follow disappointing growth data\, which affects returns for anyone holding yen-denominated assets or funds with Japan exposure\, while a firmer yen from a stronger revision can weigh on the earnings of Japan’s export-heavy companies when translated back into yen. Investors in Europe\, the UK and Asia holding Japanese equities or bonds\, directly or through pension funds\, should note that GDP surprises can move both the currency and the Nikkei on the day. \nRelated events\n\nBank of Japan interest rate decisions\, which weigh GDP and wage trends when setting policy\nJapan’s monthly trade balance and export data\, which explain the net trade contribution seen in recent quarters\nJapan’s household spending and wage growth reports\, key inputs into the consumption side of GDP\n\nFrequently Asked Questions\nWhat time is Japan’s GDP released?\nThe Cabinet Office publishes the data at 8:50am Japan Standard Time\, which is 7:50pm ET the previous evening and 12:50am in London. \nWhy does Japan release GDP twice per quarter?\nThe first preliminary estimate uses partial data available about six weeks after the quarter ends\, while the second preliminary estimate\, released roughly six weeks later\, incorporates fuller corporate investment and inventory data. \nHow does GDP affect Bank of Japan policy?\nThe Bank of Japan considers GDP growth alongside inflation and wages when judging whether the economy can sustain higher interest rates\, so weaker growth tends to reduce expectations of near-term tightening. \nWhere is the official GDP release published?\nJapan’s Cabinet Office publishes the data through its Economic and Social Research Institute (ESRI) website. \nWhen is the next Japan GDP release?\nThe first preliminary estimate for Q3 2026 GDP is typically due around mid-November 2026\, roughly six weeks after the quarter ends\, consistent with Japan’s usual publication pattern.
URL:https://www.financecalendar.com/event/japan-gdp-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260908T213000
DTEND;TZID=America/New_York:20260908T223000
DTSTAMP:20260826T032932Z
CREATED:20260826T032932Z
LAST-MODIFIED:20260826T032932Z
UID:2261-1788903000-1788906600@www.financecalendar.com
SUMMARY:China CPI September 2026
DESCRIPTION:Next China CPI: Wednesday\, September 9\, 2026 at 9:30 am CST (9:30 pm ET\, 2:30 am London). Covers August 2026 data. \n\nConsensus\nNot yet published\nPrior\n0.5% YoY\, core 0.9% (July 2026)\nActual\nPending\n\nFull schedule and background: China CPI. \nUpdated August 25\, 2026 \n\nChina’s Consumer Price Index (CPI) for August 2026 is scheduled for release on Wednesday\, September 9\, 2026 at 9:30 am China Standard Time\, which is 9:30 pm ET on Tuesday\, September 8 in the United States and 2:30 am on September 9 in London. The data is published by China’s National Bureau of Statistics (NBS). This report covers price changes for August 2026. Full schedule and background on this release: China CPI. \nWhat is China’s CPI?\nThe Consumer Price Index measures the average change over time in the prices paid by urban and rural households for a fixed basket of goods and services\, including food\, housing\, transport\, healthcare and education. It is the main gauge of inflation in the world’s second-largest economy and is calculated by the National Bureau of Statistics from surveyed prices across cities and provinces. \nMarkets watch China’s CPI closely because it signals the strength of domestic demand. China has spent much of the mid-2020s wrestling with weak consumer spending and periods of outright deflation\, so a persistently low or negative CPI reading points to soft demand at home\, while a pick-up suggests households are spending more freely. The NBS also publishes core CPI\, which strips out volatile food and energy prices and is seen by economists as a cleaner read on underlying demand. \nBecause China accounts for a large share of global manufacturing and trade\, its inflation trend feeds into global supply chains\, commodity prices and the earnings of multinational firms that sell into the Chinese market\, from carmakers to luxury goods groups. \nWhen is the August CPI released?\nThe NBS is scheduled to release the August 2026 CPI report on September 9\, 2026 at 9:30 am local time in Beijing (9:30 pm ET on September 8\, 2:30 am London time on September 9). The figures are published on the NBS website alongside the Producer Price Index (PPI) for the same month. \nWhat is the consensus forecast?\nAs of this writing\, a consensus forecast for the August 2026 reading has not yet been published. Economist polls for China’s CPI typically firm up in the days before release\, closer to early September. \nThe most recent published reading is for July 2026\, when the NBS reported that CPI rose 0.5% year on year\, with core CPI\, which excludes food and energy\, up 0.9% year on year. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (August 2026)\n\n\n\n\nHeadline CPI\, year on year\n0.5%\nNot yet published\n\n\nCore CPI\, year on year\n0.9%\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign domestic demand is firming\, which could ease pressure on Beijing for further stimulus and may lift sentiment toward Chinese equities and the yuan\nPrices are rising a bit faster\, suggesting people and businesses are spending more\n\n\nIn line with consensus\nLikely a limited market reaction\, seen as confirmation of the existing gradual recovery narrative\nInflation is behaving roughly as expected\, so little changes for policy or markets\n\n\nBelow consensus\, or a return to deflation\nCould revive concerns about weak consumer demand and add to calls for more fiscal or monetary support from Beijing\nPrices are flat or falling\, which can mean shoppers are cautious and businesses are struggling to raise prices\n\n\n\nThese are possible market reactions described by analysts\, not predictions of what will happen. \nWhy does this release matter right now?\nChina’s inflation rate has run well below the levels seen in the United States\, the eurozone or the UK for several years\, and the country has flirted with deflation at various points since 2023. The July 2026 reading of 0.5% year on year\, reported by the NBS\, showed prices edging higher but still at a modest pace by historical standards. Policymakers at the People’s Bank of China and central government watch this data as part of their broader push to support household consumption and stabilise the property sector\, both of which have weighed on prices in recent years. \nA weak or negative CPI print keeps pressure on Beijing to maintain supportive fiscal spending and low interest rates\, while a firmer reading would suggest earlier stimulus measures are gaining traction. Either way\, the report lands soon after the PPI figures for the same month\, giving a fuller picture of price pressures from the factory gate through to the shopping basket. \nWhat It Means for Your Money\n\nMortgages and rates: Weak Chinese inflation tends to keep global bond yields lower\, which can filter through to mortgage pricing in the UK\, Europe and the US\, though domestic central bank decisions matter more directly.\nSavings: Soft demand in China can pull down global commodity and shipping costs\, helping to keep imported inflation\, and therefore savings rate pressures\, contained in other economies.\nJobs and wages: Sluggish Chinese consumer spending affects export-oriented businesses worldwide\, from European carmakers to Asian electronics suppliers\, which can influence hiring decisions at firms reliant on Chinese demand.\nPrices: Because China manufactures a large share of the goods bought globally\, its price trends can feed into the cost of imported electronics\, clothing and household goods elsewhere.\nInvestments and pensions: Chinese equities\, and funds with exposure to Chinese consumer and industrial firms\, often move on this data\, while a weaker yuan or renewed deflation fears can also affect broader Asian and emerging market portfolios held in pensions.\nCurrencies: A surprise in either direction can move the yuan\, with knock-on effects for other Asian currencies and\, at the margin\, for the dollar\, euro and pound through shifts in global risk appetite.\n\nRelated events\n\nChina Producer Price Index (PPI)\, released alongside CPI each month by the NBS\nUS CPI report\, the equivalent inflation release for the United States\nPeople’s Bank of China policy announcements\, which respond in part to domestic inflation trends\n\nFrequently Asked Questions\nWhat time is China’s August CPI released?\nIt is due at 9:30 am China Standard Time on September 9\, 2026\, which is 9:30 pm ET the previous evening and 2:30 am in London. \nHow do I read the CPI figure?\nThe headline number is the year-on-year change in prices for the average consumer basket\, while core CPI strips out food and energy to show underlying inflation trends. \nDoes China’s CPI affect UK or US interest rates?\nNot directly\, since the Bank of England and Federal Reserve set policy based on domestic data\, but weak Chinese demand can influence global commodity prices and risk sentiment that feed into those decisions. \nWhere is the official release published?\nThe National Bureau of Statistics publishes the report on its official website\, stats.gov.cn\, in both Chinese and English. \nWhen is the next China CPI release?\nThe following month’s data\, covering September 2026\, is typically published around the middle of October 2026\, following the NBS’s usual monthly schedule.
URL:https://www.financecalendar.com/event/china-cpi-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260910T083000
DTEND;TZID=America/New_York:20260910T093000
DTSTAMP:20260825T104543Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104543Z
UID:1330-1789029000-1789032600@www.financecalendar.com
SUMMARY:US Producer Price Index September 2026
DESCRIPTION:Next US Producer Price Index: Thursday\, September 10\, 2026 at 8:30 am ET (1:30 pm London). Covers August 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nUpdated August 25\, 2026 \n\n← Previous US Producer Price IndexNext US Producer Price Index →\nUS Producer Price Index: September 2026 Preview\nThe Bureau of Labor Statistics (BLS) will publish the Producer Price Index (PPI) for August 2026 on Thursday\, 10 September 2026 at 8:30 a.m. Eastern Time. The PPI measures the average change in selling prices received by domestic producers for their output\, making it a leading indicator of consumer inflation and a direct gauge of cost pressures in the US supply chain. With producer prices having surged to a multi-year high of 6.0 percent year-on-year in April 2026 — the largest 12-month advance since December 2022 — the September release will be closely watched for evidence of whether that acceleration is moderating or embedding itself further into the price pipeline. \nThe August reading arrives at a particularly sensitive moment for monetary policy. The Federal Reserve is navigating a difficult dual-mandate position: consumer inflation has remained above target whilst labour market data has shown signs of cooling. Fresh PPI figures feeding through to the core PCE deflator — the Fed’s preferred inflation measure — will shape the market’s assessment of the pace of any rate adjustments through the remainder of 2026. \n\n\n\nDetail\nInformation\n\n\n\n\nRelease date\n10 September 2026 (Thursday)\n\n\nRelease time\n8:30 a.m. ET / 13:30 BST\n\n\nReference month\nAugust 2026\n\n\nReleasing agency\nBureau of Labor Statistics (BLS)\n\n\nPrevious reading (April 2026)\n+6.0% YoY; +1.4% MoM (final demand)\n\n\nFrequency\nMonthly\n\n\nMarket impact\nMedium-High\n\n\n\nWhat the Producer Price Index Measures\nThe PPI family of indexes tracks prices at the first point of commercial transaction — that is\, what producers receive when they sell\, not what consumers pay at the checkout. The headline figure quoted most frequently is the PPI for Final Demand\, which covers finished goods and services ready for sale to end users including businesses\, government entities\, and exporters. \nWithin final demand\, the BLS publishes three distinct sub-indexes that analysts monitor closely: \nFinal Demand Goods captures physical products sold to end users\, including food\, energy\, and manufactured items. Energy prices are highly volatile and can swing the headline figure substantially month to month. \nFinal Demand Services tracks service prices received by providers — including trade services (retail and wholesale margins)\, transportation and warehousing\, and financial and insurance services. Services inflation has been a key driver of the 2026 PPI surge\, with trade services margins widening significantly as tariff costs were passed through supply chains. \nCore PPI (Less Foods\, Energy\, and Trade Services) strips out volatile components to reveal the underlying trend in producer price inflation. This measure is watched closely by the Federal Reserve as it has the strongest correlation with medium-term consumer inflation. Core PPI was running at 3.6 percent year-on-year as of March 2026. \nPPI data also feeds into the BEA’s calculation of the Personal Consumption Expenditures (PCE) deflator — the Federal Reserve’s preferred inflation gauge. Categories such as healthcare services\, financial services\, and trade margins are sourced directly from PPI in constructing the PCE\, meaning that PPI releases carry forward-looking implications for the Fed’s primary inflation metric. \nRecent Trend and Historical Data\nProducer price inflation has accelerated sharply through the first half of 2026\, driven by a combination of tariff pass-through costs\, elevated energy prices\, and wider trade services margins. After the full-year 2025 average settled at around 3.0 percent year-on-year — down from 3.5 percent in 2024 — the pace of producer inflation re-accelerated early in 2026 and reached its highest 12-month rate since late 2022 by April. \n\n\n\nPeriod\nFinal Demand MoM\nFinal Demand YoY\nCore YoY*\n\n\n\n\nFull year 2024\nn/a\n+3.5%\nn/a\n\n\nFull year 2025\nn/a\n+3.0%\nn/a\n\n\nNovember 2025\nn/a\nn/a\n+3.6%\n\n\nFebruary 2026\n+0.6%\nn/a\n+0.5% MoM\n\n\nMarch 2026\n+0.7%\n+4.3%\n+3.6%\n\n\nApril 2026\n+1.4%\n+6.0%\nn/a\n\n\n\n*Core = Final demand less foods\, energy\, and trade services. Sources: BLS PPI press releases; Trading Economics; JEC Senate data. \nThe April 2026 headline figure of +6.0% year-on-year was the largest 12-month advance since December 2022\, driven by a 1.2 percent rise in final demand services and a 2.0 percent gain in final demand goods within the single month. The BLS release attributed much of the April acceleration to trade services margins — reflecting tariff-related cost pass-through — alongside transportation and warehousing expenses and energy price increases. \nThe jump from March’s 4.3 percent to April’s 6.0 percent year-on-year represented a sharp re-acceleration that caught markets off-guard\, as the consensus expectation had been around 4.9 percent. If the tariff-related component is structural rather than transitory\, August PPI could remain elevated even as the direct duty shock fades from base comparisons. \nWhat the Markets Are Watching\nThree themes will dominate interpretation of the August 2026 PPI reading. \nTariff pass-through: peak or plateau? Much of the 2026 producer price acceleration has been attributed to importers passing tariff costs along the supply chain — first into producer prices\, then eventually into consumer prices. The central question for August is whether this pass-through effect is beginning to abate as businesses absorb costs and supply chain alternatives develop\, or whether it continues to embed itself into price structures. A meaningful deceleration in trade services margins in the August report would be a significant signal that producer inflation is peaking. \nEnergy component dynamics. Final demand energy prices have contributed substantially to the headline volatility in 2026. Oil prices and natural gas movements through July and August will have influenced the energy goods sub-component directly. A reversal or stabilisation in energy prices during summer 2026 would reduce upward pressure on the headline figure. \nCore PPI as the Fed’s signal. The Federal Reserve places greatest weight on measures that strip out the most volatile components. Core PPI (less foods\, energy\, and trade services) was running at 3.6 percent year-on-year as of March 2026. Markets will scrutinise whether the core rate has continued to accelerate in the months since April. A core rate that holds stable or edges lower would ease pressure on the Fed; a further acceleration would complicate the rate path considerably. \nThe PPI is published two days before the September 2026 CPI release\, meaning the two reports together will define the week’s inflation narrative. In prior cycles\, an unexpectedly high PPI has been followed by a CPI reading in the same direction\, although the correlation is imperfect due to differences in scope and weighting. Traders will be positioning across both releases\, making the PPI particularly impactful as the first data point of the pair. \nMarket Scenarios\n\n\n\nScenario\nFinal Demand YoY\nLikely Market Reaction\n\n\n\n\nDeceleration\nBelow 4.5%\nBonds rally; USD softens; equities tick higher on reduced rate expectations; gold eases\n\n\nMild moderation\n4.5% to 5.5%\nBroadly neutral; focus shifts to Thursday CPI and FOMC guidance; limited directional move\n\n\nPersistent elevation\nAbove 5.5%\nBonds sell off; USD strengthens; equities under pressure on hawkish Fed repricing; gold may rally on stagflation concerns\n\n\n\nThe PPI’s market impact is amplified by its position in the data calendar. In September 2026\, it is sandwiched between the employment report (5 September) and CPI (11 September)\, meaning it will be processed as part of a continuous flow of inflation and growth signals rather than in isolation. The Fed’s September policy meeting window will be absorbing all three data releases simultaneously. \nRelated Events\n\nUS Consumer Price Index September 2026 — Published Thursday\, 11 September 2026 (the day after PPI). CPI measures price changes at the consumer level; the PPI-to-CPI transmission is the primary channel through which producer inflation reaches the Fed’s dual mandate.\nUS Employment Situation (Non-Farm Payrolls) September 2026 — Published Friday\, 5 September 2026. Labour market conditions shape wage-cost pressures within PPI services components.\nUS Personal Income and Outlays (PCE) September 2026 — The PCE deflator is constructed partly from PPI services data. A PPI surprise often foreshadows a PCE revision in the same direction.\nFOMC Rate Decision September 2026 — The Federal Reserve will incorporate both PPI and CPI readings into its September policy statement. An elevated PPI could shift the tone of the statement or the dot plot.\nUS Producer Price Index August 2026 — The preceding PPI release (13 August 2026)\, covering July 2026 data\, will provide the immediate prior-month context for the September reading.\n\nFrequently Asked Questions\nWhat time is the PPI released?\nThe BLS publishes the PPI at 8:30 a.m. Eastern Time (13:30 BST) on 10 September 2026. The data is embargoed until that moment. \nWhat is the difference between PPI and CPI?\nPPI measures prices received by producers — what businesses get paid when they sell. CPI measures prices paid by consumers — what households pay at the point of purchase. PPI is considered a leading indicator because cost increases at the producer level typically filter through to consumer prices with a lag of several months. \nWhy did PPI jump so sharply in April 2026?\nThe April 2026 surge to 6.0 percent year-on-year was driven by three main factors: trade services margins widening as tariff costs were passed along supply chains; higher transportation and warehousing costs; and energy price increases. The BLS press release identified trade services as the single largest contributor to the monthly gain in final demand services. \nWhat does core PPI measure?\nCore PPI — formally\, “PPI final demand less foods\, energy\, and trade services” — removes the three most volatile components to provide a cleaner read on underlying producer price inflation. This measure is watched closely by the Federal Reserve because it correlates more reliably with medium-term consumer inflation than the volatile headline figure. \nHow does PPI feed into PCE inflation?\nThe BEA uses specific PPI components — particularly healthcare services\, financial services\, and retail and wholesale trade margins — as direct inputs when constructing the Personal Consumption Expenditures (PCE) deflator. A sustained rise in these PPI sub-categories will translate into higher PCE readings with approximately one month’s lag\, which is why a hot PPI can harden market expectations for a more restrictive Fed stance even before CPI is published. \nWhere can I find the official release?\nThe PPI press release is published by the BLS at bls.gov/ppi on release day. Historical data tables and downloadable files are available through the BLS data retrieval tools and the St. Louis Fed’s FRED database.
URL:https://www.financecalendar.com/event/us-producer-price-index-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260910T083000
DTEND;TZID=America/New_York:20260910T093000
DTSTAMP:20260825T102141Z
CREATED:20260825T102141Z
LAST-MODIFIED:20260825T102141Z
UID:1661-1789029000-1789032600@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: September 10\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Thursday\, September 10\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nActual\nPending\n\nFull schedule and background: US Initial Jobless Claims. \nUpdated August 25\, 2026 \n\n← Previous US Initial Jobless Claims\nThe US Department of Labor releases its weekly Unemployment Insurance Weekly Claims Report on Thursday\, September 10\, 2026\, at 8:30 am ET (1:30 pm London time). This release covers initial jobless claims for the week ending September 5\, 2026\, along with continuing claims data for the week ending August 29\, 2026. Full background and the ongoing release schedule are on the US Initial Jobless Claims hub page. \nInitial jobless claims count the number of people filing for unemployment benefits for the first time in a given week. Economists and the Federal Reserve watch the figure closely because it is the most up-to-date official signal of layoffs in the US labour market\, arriving with only a few days’ lag rather than the month-long wait for the monthly jobs report. \nWhat is the consensus forecast?\nAs of publication\, a consensus forecast specifically for the week ending September 5\, 2026 has not yet been published. Forecasts for weekly jobless claims are typically compiled by Reuters and Bloomberg only in the day or two before release\, so a firm figure will not exist until closer to September 10\, 2026. \nThe most recently published reading\, for the week ending August 15\, 2026\, showed initial claims at 206\,000\, a decrease of 6\,000 from the prior week’s upwardly revised 212\,000\, according to the US Department of Labor. That print came in below the median forecast of 210\,000 in a Bloomberg survey of economists\, according to Bloomberg. Continuing claims\, which measure people still receiving benefits\, rose by 18\,000 to 1\,799\,000 for the week ending August 8\, 2026. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nInitial claims\n206\,000 (week ending August 15\, 2026)\nNot yet published\n\n\nContinuing claims\n1\,799\,000 (week ending August 8\, 2026)\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nAbove consensus\nYields may fall\, stocks could wobble on growth worries\nMore people are losing jobs than expected\, a sign the labour market is weakening faster than thought\n\n\nIn line with consensus\nLimited market reaction\nThe labour market is behaving broadly as expected\, no fresh signal for the Fed\n\n\nBelow consensus\nYields may rise on reduced expectations of Fed rate cuts\nFewer layoffs than expected\, suggesting the jobs market remains resilient\n\n\n\nWhy it matters this week\nWeekly claims have stayed historically low through the summer of 2026\, with the four-week moving average sitting around 204\,000 in mid-August\, according to Department of Labor data. At the same time\, continuing claims have crept higher\, suggesting that while few people are being laid off\, those who do lose a job are taking longer to find new work. This divergence is exactly the kind of detail the Federal Reserve weighs when deciding whether the labour market justifies further interest rate cuts. \nAny report released in the run-up to a Federal Open Market Committee meeting tends to draw extra attention\, because a sudden jump in claims would strengthen the case for a rate cut\, while a low\, stable reading supports a more patient approach. Investors in Europe and Asia watch these releases too\, since US labour market weakness can shift expectations for the dollar\, and in turn for the euro\, the pound and other major currencies. \nWhat It Means for Your Money\nFor most people\, a single week’s jobless claims figure will not change mortgage or savings rates overnight\, but a persistent rise in claims raises the odds that the Federal Reserve cuts interest rates sooner\, which can eventually feed through to lower borrowing costs on mortgages\, car loans and credit cards. \nFor savers\, lower expected interest rates generally mean lower returns on cash savings and money market funds over time\, while for pension and investment portfolios\, weaker labour data can support bond prices even if it unsettles share prices in the short term. \nA weaker than expected US jobs picture can also weigh on the dollar\, which makes imports cheaper for Americans but affects exchange rates for anyone holding pounds\, euros or other currencies against the dollar\, including UK and European holidaymakers and businesses that trade with the US. \nFrequently Asked Questions\nWhat time is the September 10\, 2026 jobless claims report released?\nThe report is released at 8:30 am ET\, which is 1:30 pm London time\, on Thursday\, September 10\, 2026. \nWhat counts as a big miss versus consensus?\nEconomists typically treat a move of more than 15\,000 to 20\,000 above or below the consensus forecast as notable\, since weekly claims data is volatile and smaller swings often reflect seasonal noise rather than a genuine shift in the labour market. \nWhen is the next jobless claims report after this one?\nThe Department of Labor publishes a new initial jobless claims report every Thursday\, so the next release follows one week later\, on September 17\, 2026. \nWho publishes the weekly jobless claims data?\nThe report is published by the US Department of Labor’s Employment and Training Administration\, covering claims filed across all US states. \n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-september-10-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260910T100000
DTEND;TZID=America/New_York:20260910T110000
DTSTAMP:20260825T102205Z
CREATED:20260825T102204Z
LAST-MODIFIED:20260825T102205Z
UID:1662-1789034400-1789038000@www.financecalendar.com
SUMMARY:US Existing Home Sales September 2026
DESCRIPTION:Next US Existing Home Sales: Thursday\, September 10\, 2026 at 10:00 am ET (3:00 pm London). Covers August 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nFull schedule and background: US Existing Home Sales. \nUpdated August 25\, 2026 \n\nUS Existing Home Sales for August 2026 is released on Thursday\, September 10\, 2026 at 10:00 am ET (3:00 pm London) by the National Association of Realtors (NAR). The report covers resale transactions of single-family homes\, townhomes\, condominiums and co-ops that closed during August 2026. Full schedule and background: US Existing Home Sales. \nWhat is existing home sales?\nExisting home sales measures the number of previously owned US homes that changed hands in a given month\, expressed as a seasonally adjusted annual rate (SAAR). That means the monthly figure is adjusted to strip out normal seasonal patterns (fewer sales in winter\, more in spring and summer) and then multiplied up to show what total annual sales would look like if the month’s pace continued for a full year. \nNAR compiles the figure from closed transactions reported by multiple listing services and large brokerages across the country\, covering roughly 90% of the resale market. Because a home sale usually closes 30 to 60 days after a contract is signed\, the report reflects buyer decisions made in June and July rather than August itself. Alongside the headline sales rate\, NAR publishes the median sale price\, the level of unsold inventory\, the months’ supply of homes on the market and the average time a property stays listed. \nMarkets watch this release because housing is one of the most interest rate sensitive parts of the economy. A slowdown in sales tends to show up before it appears in broader growth figures\, and the Federal Reserve tracks housing indicators as part of its assessment of how tight monetary policy is squeezing households. Resale activity also feeds related sectors such as furniture\, removals\, home improvement and mortgage lending\, so a weak or strong print carries knock-on signals for consumer spending. \nWhen is the August existing home sales report released?\nThe National Association of Realtors publishes the report on its newsroom website at 10:00 am ET (3:00 pm London) on Thursday\, September 10\, 2026. This is the standard mid-month release slot NAR uses for existing home sales\, typically the second or third week of the month following the reference period. There is no estimate involved here: NAR has confirmed the September 10 date and time for the August 2026 data. \nWhat is the consensus forecast?\nAs of publication\, a consensus forecast for the August 2026 existing home sales figure has not yet been published. Surveys from data providers such as Trading Economics and Bloomberg typically appear in the days immediately before the release\, once analysts have digested pending home sales data and mortgage application trends for August. The most recent confirmed reading is 4.06 million SAAR for July 2026\, according to the National Association of Realtors. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (August 2026)\n\n\n\n\nExisting-home sales (SAAR)\n4.06 million\nNot yet published\n\n\nMedian existing-home price\nSee table below (June figure: $446\,400)\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus (once published)\nRead as a sign buyers are absorbing current mortgage rates better than expected\, potentially easing pressure on the Fed to cut further\nMore homes sold than expected\, suggesting demand is holding up despite borrowing costs\n\n\nIn line with consensus\nLimited market reaction\, since the print confirms the trend economists were already pricing in\nThe housing market is behaving roughly as expected\, neither accelerating nor stalling\n\n\nBelow consensus (once published)\nCould reinforce views that high mortgage rates are still weighing on affordability\, a theme NAR chief economist Lawrence Yun has flagged in recent releases\nFewer homes sold than expected\, often linked to buyers being priced out or waiting for lower rates\n\n\n\nThese are possibilities based on how similar prints have been discussed by analysts and NAR economists in recent releases\, not predictions of the actual outcome. \nWhy does this release matter right now?\nExisting home sales have hovered near multi-decade lows through 2026\, constrained by mortgage rates that have stayed in the mid-6% range. NAR’s July release put the pace at 4.06 million units\, following a run that saw sales at 3.98 million in March\, 4.02 million in April\, 4.17 million in May and 4.09 million in June\, according to NAR newsroom data. NAR Chief Economist Lawrence Yun has repeatedly pointed to tight mortgage rate driven affordability as the main constraint on buyers\, while noting that wage growth has been outpacing home price growth in recent months\, which has offered some relief. Freddie Mac’s average 30-year fixed mortgage rate stood at 6.49% in June 2026\, up slightly from 6.44% in May\, keeping many would-be buyers on the sidelines or locked into their current homes rather than trading up. \nThe Federal Reserve watches housing turnover as one gauge of how restrictive policy remains. A further slowdown in resales would add to the case for rate cuts\, while a stabilisation or pickup could support the view that the housing market has adjusted to the current rate environment. Inventory has also been rising gradually through 2026\, up 5.8% in April and continuing to climb into the summer\, which analysts say could eventually ease price pressure if the trend persists. \nWhat It Means for Your Money\n\nMortgages and rates: A weaker than expected sales figure can add to arguments for the Federal Reserve to cut interest rates\, which over time can flow through to lower mortgage rates for buyers and those refinancing in the US\, and can also influence sentiment around Bank of England and European Central Bank policy through shared expectations about global borrowing costs.\nSavings: Interest rate expectations tied to housing data affect the returns on savings accounts and money market funds. If the report feeds into expectations of Fed cuts\, savers holding cash may see yields on new deposits edge lower in the months ahead.\nJobs and wages: Home sales support employment in real estate\, mortgage lending\, home improvement and removals. A sustained slowdown can mean fewer hours or hiring in these sectors\, while a pickup tends to support related job creation.\nPrices: Median home prices have posted year-over-year increases for more than 30 consecutive months\, according to NAR data\, even as sales volumes have been subdued. Weak sales alongside rising prices reflects a market where limited supply is keeping prices firm despite fewer transactions.\nInvestments\, pensions and currencies: Housing data is one input into how investors price US growth and interest rate paths\, which affects the dollar\, and indirectly the pound and euro through relative rate expectations. Pension funds holding US Treasuries or mortgage backed securities can see valuations shift on days when housing data surprises markets.\n\nRelated events\n\nUS New Home Sales\, which measures sales of newly built properties and is released separately by the Census Bureau.\nUS Pending Home Sales Index\, an earlier signal based on signed contracts rather than closings\, typically released about a month ahead of existing home sales.\nFreddie Mac’s weekly average mortgage rate survey\, which tracks the borrowing costs directly influencing buyer affordability.\n\nFrequently Asked Questions\nWhat time is the August existing home sales report released?\nThe National Association of Realtors publishes the report at 10:00 am ET\, which is 3:00 pm in London\, on Thursday\, September 10\, 2026. \nHow should I read the existing home sales figure?\nFocus on the seasonally adjusted annual rate (SAAR) figure and compare it with the prior month and consensus forecast once published\, alongside the median price and months’ supply\, which show whether the market favours buyers or sellers. \nHow does this release affect mortgage rates?\nThe report itself does not set rates\, but weak or strong housing data feeds into expectations for Federal Reserve policy\, which in turn influences the direction of mortgage rates over time. \nWhere can I find the official release?\nThe National Association of Realtors publishes the full report and data tables in its newsroom section at nar.realtor. \nWhen is the next existing home sales report?\nNAR typically releases existing home sales data in the second or third week of each month\, meaning the next report covering September 2026 data is expected in mid-October 2026\, though NAR has not yet confirmed the exact date.
URL:https://www.financecalendar.com/event/us-existing-home-sales-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260911T020000
DTEND;TZID=America/New_York:20260911T030000
DTSTAMP:20260825T124716Z
CREATED:20260825T124716Z
LAST-MODIFIED:20260825T124716Z
UID:2163-1789092000-1789095600@www.financecalendar.com
SUMMARY:UK GDP September 2026
DESCRIPTION:Next UK GDP: Friday\, September 11\, 2026 at 7:00 am BST (2:00 am ET\, 7:00 am London). Covers Q2 2026 data. \n\nConsensus\nNot yet published\nPrior\n0.4% q/q growth (three months to June 2026)\nActual\nPending\n\nFull schedule and background: UK GDP. \nUpdated August 25\, 2026 \n\nThe UK’s monthly gross domestic product (GDP) estimate is released on Friday\, September 11\, 2026 at 7:00 am BST (2:00 am ET\, 7:00 am London time) by the Office for National Statistics (ONS). This release covers the economy’s output through July 2026 and\, through its rolling three-month growth measure\, gives the clearest early read on how the economy performed as it moved out of the second quarter of 2026. Full schedule and background on this series: UK GDP report dates. \nWhat is GDP and why does it matter?\nGross domestic product measures the total value of all goods and services produced in the UK over a given period. The ONS builds it from three angles that should\, in theory\, arrive at the same total: output (what businesses produce)\, expenditure (what is spent by households\, government and businesses) and income (wages\, profits and rents earned). Comparing growth from one period to the next shows whether the economy is expanding\, stagnating or shrinking. \nUnlike the United States\, which publishes GDP only on a quarterly basis\, the ONS also publishes a monthly GDP estimate. This gives investors\, the Bank of England and government economists a more frequent\, if noisier\, signal on the economy’s direction between the quarterly figures. Because monthly output data can be volatile\, the ONS also publishes a three-month-on-three-month growth rate\, which smooths out single-month swings and is treated by economists as a closer proxy for the underlying quarterly trend. \nMarkets watch GDP because it feeds directly into the Bank of England’s interest rate decisions\, government borrowing forecasts\, and how investors price UK assets such as gilts (government bonds)\, the pound and shares in domestically focused companies. A weaker-than-expected reading tends to increase the chance of interest rate cuts\, while a stronger reading can push expectations the other way. \nWhen is the July 2026 GDP report released?\nThe ONS is scheduled to publish the GDP monthly estimate covering July 2026 on Friday\, September 11\, 2026 at 7:00 am BST (2:00 am ET). It appears on the ONS website within its GDP monthly estimate\, UK bulletin series. The ONS typically releases monthly GDP data around six to seven weeks after the end of the reference month\, so a July release in mid-September follows the usual pattern; for example\, the April 2026 data was published on June 12\, 2026\, according to the ONS’s own previous releases page. \nWhat is the consensus forecast?\nA consensus forecast for the July 2026 monthly GDP figure has not yet been published this far ahead of the release. City economists and Reuters or Bloomberg polls typically circulate a forecast in the days immediately before an ONS release\, so a specific consensus number is likely to appear closer to September 11\, 2026. \nThe most recent confirmed reading is the three-month-on-three-month growth rate published alongside the ONS’s monthly GDP overview\, which showed the economy growing by 0.4% in the three months to June 2026\, a period that corresponds to the second quarter of 2026 (April to June). This followed growth of 0.6% in the three months to May 2026\, which was itself revised down from an initial estimate of 0.7%\, and unrevised growth of 0.8% in the three months to April 2026\, according to the ONS’s GDP overview page. \n\n\n\nMeasure\nPrior reading\nConsensus\n\n\n\n\nThree-month-on-three-month GDP growth\n0.4% (three months to June 2026)\nNot yet published\n\n\nMonthly GDP (single month\, m/m)\nNot confirmed for June 2026\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nSterling and gilt yields could firm as traders trim expectations for near-term Bank of England rate cuts\nThe economy is growing faster than expected\, which can support jobs and wages but may also keep prices rising\, delaying cheaper mortgage rates\n\n\nIn line with consensus\nLimited market reaction\, as the figure confirms the existing growth path priced in by investors\nThe economy is behaving broadly as expected\, so there is little new information for savers or borrowers\n\n\nBelow consensus\nSterling could soften and gilt yields fall as markets price in a greater chance of interest rate cuts\nWeaker growth raises the risk of slower hiring and can eventually feed through to lower mortgage and savings rates\n\n\n\nThese are possible market reactions based on how similar data has historically been interpreted by analysts\, not predictions of the actual outcome. \nWhy does this release matter right now?\nThe Bank of England’s Monetary Policy Committee weighs GDP growth alongside inflation and the labour market when setting Bank Rate. UK growth slowed through the first half of 2026\, with the ONS recording quarterly growth of 0.6% in the first quarter of 2026 and the rolling three-month growth rate easing from 0.8% in the three months to April 2026 to 0.4% by the three months to June 2026\, according to ONS data. A further slowdown in the July reading would add to the debate over how much room the Bank of England has to cut interest rates further\, while a rebound would support the case for holding rates steady for longer. \nThe reading also matters beyond UK borders. The UK is a major trading partner for the European Union and the United States\, and a weaker UK growth picture can weigh on sentiment toward European equities and the euro\, while a stronger figure can support UK-exposed multinational earnings reported by companies in Asia and North America. \nWhat It Means for Your Money\n\nMortgages: Weaker GDP growth tends to increase the odds of Bank of England interest rate cuts over time\, which can eventually feed through to cheaper tracker and new fixed-rate mortgage deals\, though lenders often react to the wider trend rather than one release.\nSavings: If growth disappoints and rate cuts become more likely\, savings account and cash ISA rates offered by UK banks may drift lower in the following months.\nJobs and wages: GDP growth and employment tend to move together over time. A sustained slowdown can eventually mean fewer job openings or smaller pay rises\, particularly in sectors most exposed to consumer spending.\nPrices: GDP data does not set prices directly\, but weak growth combined with still-high inflation (known as stagflation risk) can complicate the Bank of England’s decisions on interest rates\, indirectly affecting the cost of borrowing for households and businesses.\nInvestments\, pensions and currencies: UK shares and the pound often react to GDP surprises. A weaker reading can pull the pound lower against the dollar and euro\, which affects the cost of holidays abroad and the value of overseas earnings for UK-listed multinational companies held in pension funds.\n\nRelated events\n\nBank of England Monetary Policy Committee interest rate decisions\, which weigh GDP alongside inflation data\nUK monthly inflation (CPI) releases from the ONS\, published separately each month\nUK labour market statistics\, including the unemployment rate and average earnings\, published by the ONS\n\nFrequently Asked Questions\nWhat time is the UK GDP report released?\nThe ONS publishes the July 2026 GDP monthly estimate at 7:00 am BST on September 11\, 2026\, which is 2:00 am ET. \nHow should I read the monthly GDP figure?\nFocus on the three-month-on-three-month growth rate rather than a single month’s number\, as the ONS and most economists treat it as a more reliable guide to the underlying trend because it smooths out monthly volatility. \nHow does UK GDP affect interest rates?\nThe Bank of England’s Monetary Policy Committee uses GDP growth\, alongside inflation and employment data\, to judge whether the economy needs looser or tighter monetary policy\, which in turn influences Bank Rate and borrowing costs. \nWhere can I find the official GDP release?\nThe full bulletin is published on the Office for National Statistics website under its GDP monthly estimate series. \nWhen is the next UK GDP release?\nFollowing the standard monthly cadence\, the next GDP monthly estimate\, covering August 2026 data\, would typically be published in mid-October 2026\, according to the ONS release calendar.
URL:https://www.financecalendar.com/event/uk-gdp-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260911T083000
DTEND;TZID=America/New_York:20260911T093000
DTSTAMP:20260825T104620Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104620Z
UID:1274-1789115400-1789119000@www.financecalendar.com
SUMMARY:US CPI Report September 2026
DESCRIPTION:Next US CPI Report: Friday\, September 11\, 2026 at 8:30 am ET (1:30 pm London). Covers August 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nFull schedule and background: US CPI Report. \nUpdated August 25\, 2026 \n\n← Previous US CPI ReportNext US CPI Report →\nThe US Bureau of Labor Statistics (BLS) will release Consumer Price Index (CPI) data for August 2026 on Friday\, September 11\, 2026\, at 8:30 a.m. Eastern Time. The report will reveal how consumer prices changed during August\, providing a critical inflation reading as the Federal Reserve weighs its next rate decision at the September 2026 meeting just five days later. \n\n  At a Glance \n\nRelease date: Friday\, September 11\, 2026\, at 8:30 a.m. ET\nPublishing body: US Bureau of Labor Statistics (BLS)\nReference month: August 2026\nMost recent reading: 3.8% YoY (April 2026)\nMarket impact: High\n\n\nWhat is the Consumer Price Index?\nThe Consumer Price Index for All Urban Consumers (CPI-U) is the most widely followed measure of inflation in the United States. Published monthly by the BLS\, it tracks changes in the prices paid by urban consumers for a market basket of goods and services covering approximately 93% of the US population. The basket includes categories such as housing\, food\, transport\, energy\, medical care\, apparel\, and recreation\, with housing carrying the largest weighting at around 32%. \nThe BLS collects price data from tens of thousands of retail and service establishments across the country. The resulting index is expressed as the percentage change against the same month one year earlier (the year-over-year or YoY rate) and as the month-over-month (MoM) change. Core CPI\, which strips out volatile food and energy components\, is watched closely by the Federal Reserve (the Fed) as a measure of underlying inflation trends. \nCPI is released roughly 12 to 13 days after the reference month ends. The September 2026 release covers price changes in August 2026\, giving markets a timely read on whether inflationary pressures are easing or persisting. \nUS CPI Release: September 11\, 2026\nThis release takes on particular importance given its proximity to the FOMC meeting on September 16\, 2026. It will be the final CPI print before the Fed delivers its rate decision\, making it one of the most market-sensitive data points on the calendar for the autumn of 2026. The most recent confirmed reading was 3.8% year-over-year for April 2026\, the highest annual inflation rate since May 2023\, driven by energy prices rising 17.9% on an annual basis. \nMonth-over-month\, consumer prices rose 0.6% in April and 0.9% in March\, reflecting the broad impact of higher oil prices. Core CPI rose to 2.8% year-over-year in April. Consensus forecasts for the August reading will be available closer to the release date; at time of publication\, the trajectory points to inflation remaining elevated above the Fed’s 2% target. \nWhy This CPI Release Matters\nThe September 11 release lands just five days before the FOMC decision on September 16\, giving Fed policymakers minimal time to fully digest the data before their meeting. However\, the print will shape market pricing of rate expectations and is likely to trigger significant moves in Treasury yields\, the US dollar\, and equities immediately upon release. \nConsumer price inflation has risen sharply through 2026\, with the annual rate reaching 3.3% in March and 3.8% in April\, driven by an oil price shock linked to geopolitical tensions in the Middle East. Gasoline prices rose 28.4% year-over-year in April\, pushing total energy costs up 17.9%. The question for August data is whether energy prices have stabilised or whether second-round inflationary effects (such as rising transport and services costs) are entrenching. \nFor bonds\, a high reading would push yields upward as markets price out any prospect of near-term rate cuts. For equities\, persistent inflation pressure is most negative for growth and rate-sensitive sectors. The US dollar would likely strengthen on a hot print\, while a cool reading would trigger the opposite moves across all asset classes. \nWhat to Watch For\nThe market’s response will depend on where the headline print lands relative to prevailing expectations: \n\nAbove consensus: A reading at or above 3.8% would signal that inflation is not cooling ahead of the Fed meeting\, reinforcing expectations of a hold in September and potentially pricing in further hikes. Treasury yields and the US dollar would rise sharply; equities would sell off\, led by growth sectors.\nIn line with consensus: A reading in line with expectations would reduce volatility\, with markets focused on the Fed’s forward guidance the following week rather than reacting to the inflation data alone. Attention would shift to sub-components\, especially shelter and core services.\nBelow consensus: A softer print\, say below 3.0%\, would be interpreted as progress towards the Fed’s 2% target and would increase expectations of a September rate cut. Bonds would rally\, equities would rise broadly\, and the US dollar would weaken. This outcome would represent a significant shift in the inflation narrative.\n\nEnergy price volatility remains the key swing factor. Should crude oil prices moderate through the summer\, the August reading could show meaningful relief on the headline figure even if core inflation remains sticky. \nHistorical Context\n\n\n\nMonth\nYoY\nMoM\nCore YoY\n\n\n\n\nApril 2026\n3.8%\n+0.6%\n2.8%\n\n\nMarch 2026\n3.3%\n+0.9%\n2.6%\n\n\nFebruary 2026\n2.4%\n+0.2%\n—\n\n\nJanuary 2026\n2.4%\n—\n—\n\n\nDecember 2025\n2.7%\n—\n—\n\n\n\nSource: US Bureau of Labor Statistics. October and November 2025 data were not published due to the US government shutdown. MoM and core figures not available for all periods shown. \nMarket Positioning\nAs the September 2026 FOMC meeting approaches\, Fed funds futures and bond markets will increasingly reflect the cumulative picture painted by the July and August CPI reports. Should both releases show continued elevation\, the probability of a rate cut at the September meeting would be near zero. A meaningful softening in both prints would increase the chances of a 25 basis point reduction\, which would represent a shift in the monetary policy cycle. \nEquity markets have been navigating a challenging environment as higher borrowing costs weigh on valuations and corporate margins. The August CPI reading will be pivotal in determining whether the second half of 2026 brings relief or further pressure on rate-sensitive sectors. Fixed income investors will be watching shelter and services components most closely as leading indicators of where the broader inflation trend is heading. \nRelated Events\n\nUS CPI Report August 2026 – The preceding monthly release covering July 2026 data\, providing crucial context for the September reading.\nFOMC Rate Decision September 2026 – The Federal Reserve’s rate decision on September 16\, just five days after this CPI release.\nECB Rate Decision September 2026 – The European Central Bank’s policy meeting on September 10\, providing a global monetary policy comparison.\n\nFrequently Asked Questions\nWhat does the CPI measure?\nThe CPI measures the average change in prices paid by urban consumers for a fixed basket of goods and services\, including housing\, food\, transport\, energy\, and medical care. It is the most widely followed measure of consumer price inflation in the United States\, published monthly by the Bureau of Labor Statistics. \nWhen is the September 2026 CPI report released?\nThe September 2026 CPI report will be released on Friday\, September 11\, 2026\, at 8:30 a.m. Eastern Time. The report covers price changes during August 2026. \nWhy is the September 2026 CPI particularly important for markets?\nThe September 11 CPI release falls just five days before the FOMC rate decision on September 16\, 2026. It will be the final major inflation reading before the Fed announces its policy decision\, making it one of the highest-impact data points of the quarter. A significant surprise in either direction is likely to cause sharp moves in equities\, bonds\, and the US dollar.
URL:https://www.financecalendar.com/event/us-cpi-report-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260914T000000
DTEND;TZID=America/New_York:20260914T235959
DTSTAMP:20260902T124248Z
CREATED:20260902T124247Z
LAST-MODIFIED:20260902T124248Z
UID:2522-1789344000-1789430399@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Ganesh Chaturthi 2026? NSE India Hours
DESCRIPTION:NSE India are closed on Monday\, September 14\, 2026 for Ganesh Chaturthi. \n\nNext holiday\nMahatma Gandhi Jayanti\, October 2\, 2026\nRegular hours\n9:15 am to 3:30 pm IST\n\nFull schedule and background: NSE India Holidays. \nUpdated September 2\, 2026 \n\nNSE India and BSE are closed on Monday\, September 14\, 2026 for Ganesh Chaturthi. No equity\, currency or commodity trading takes place on either exchange for the full session\, and this applies to both regular market hours and any pre-open sessions. Orders placed on the holiday queue for the next trading day\, which is Tuesday\, September 15\, 2026. For the full year’s schedule\, see the NSE India holiday calendar. \nGanesh Chaturthi is a fixed exchange holiday declared each year by NSE and BSE under their published trading calendars\, and it affects settlement timing\, dividend record dates and options expiry windows that happen to fall on or near the closure. Indian markets normally trade from 9:15 am to 3:30 pm IST\, and there is no early close scheduled around this holiday. \nWhich markets are closed on Ganesh Chaturthi 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nNSE equities (cash market)\nClosed\nNo trading\, no pre-open session\n\n\nBSE equities\nClosed\nFollows the same holiday calendar as NSE\n\n\nNSE and BSE derivatives (futures and options)\nClosed\nNo expiry processing on the holiday itself\n\n\nCurrency and commodity derivatives (NSE\, MCX)\nClosed\nEvening commodity session also does not run\n\n\nIndian government bond market (RBI-regulated)\nClosed\nFollows the RBI holiday list\, which aligns with this date\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nDoes not observe Indian holidays\n\n\nEuronext\nOpen (regular hours)\nDoes not observe Indian holidays\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nDoes not observe Indian holidays\n\n\nNew York Stock Exchange (NYSE) and Nasdaq\nOpen (regular hours)\nStandard US trading session\, unaffected by this Indian holiday\n\n\n\nIs the market open the day before and after?\nThe trading day before the holiday\, Friday\, September 11\, 2026\, runs a normal full session from 9:15 am to 3:30 pm IST with no early close. The next trading day after the holiday is Tuesday\, September 15\, 2026\, which also runs a full regular session. NSE and BSE do not apply early closes around this particular holiday\, unlike some exchanges that shorten sessions around major festivals. \nWhy do markets close for Ganesh Chaturthi?\nGanesh Chaturthi is a major Hindu festival marking the birth of the deity Ganesha\, celebrated widely across India but with particular intensity in Maharashtra\, home to Mumbai where both NSE and BSE are headquartered. The exchanges have observed it as a non-trading day for decades\, reflecting the cultural significance of the festival in the city where India’s main financial infrastructure is based. \nUnlike some western market holidays tied to public administration or historical events\, many Indian exchange holidays follow the Hindu lunar calendar\, so the exact date moves from year to year. This is why Ganesh Chaturthi fell on September 19 in 2025 and moves to September 14 in 2026. \nWhat It Means for Your Money\nIf you hold Indian shares through a broker\, any buy or sell order placed on September 14\, 2026 will simply sit in the queue and execute when the market reopens on September 15. Indian equity settlement runs on a T+1 cycle\, so a trade executed on the Friday before the holiday settles on the Monday holiday date itself in normal circumstances\, but because the exchange is shut\, settlement for trades from the final pre-holiday session shifts to the next working day. \nDividend record dates and options expiry dates that would otherwise land on September 14 are moved by the exchanges to an adjacent trading day\, so investors tracking ex-dividend dates on Indian stocks should check the revised date on the NSE circular. Bank transfers within India generally continue as usual since retail banking holidays do not always match stock exchange holidays exactly\, though some banks may also be closed depending on the state. Cryptocurrency markets\, which trade 24/7 on global exchanges\, are unaffected by this closure and continue trading through the Indian holiday. Investors with exposure to Indian equity funds or ETFs listed overseas\, including in London or New York\, may see those products trade at a premium or discount to the underlying index on the holiday since the underlying Indian market cannot be arbitraged during the closure. \nRemaining NSE India holidays in 2026\n\nMahatma Gandhi Jayanti\, October 2\, 2026 (closed)\nDussehra\, October 20\, 2026 (closed)\nDiwali Balipratipada\, November 10\, 2026 (closed)\nPrakash Gurpurb Sri Guru Nanak Dev\, November 24\, 2026 (closed)\nChristmas\, December 25\, 2026 (closed)\n\nFrequently Asked Questions\nIs the stock market open on Ganesh Chaturthi 2026?\nNo\, NSE and BSE are both closed on Monday\, September 14\, 2026 for Ganesh Chaturthi\, with no equity\, derivatives or commodity trading taking place. \nIs the bond market open on Ganesh Chaturthi?\nNo\, the Indian government bond market\, which follows the Reserve Bank of India’s holiday calendar\, is also closed on this date. \nWhat time does the market close before the Ganesh Chaturthi holiday?\nThe session on Friday\, September 11\, 2026\, the trading day before the holiday\, closes at the regular time of 3:30 pm IST\, with no early close scheduled. \nWhen is the next NSE India market holiday after Ganesh Chaturthi?\nThe next scheduled closure is Mahatma Gandhi Jayanti on October 2\, 2026. \nAre banks open in India on Ganesh Chaturthi 2026?\nBank holidays in India vary by state and are set separately from stock exchange holidays\, so some banks may be closed in Maharashtra and other states while others remain open\, and customers should check with their specific state’s bank holiday list.
URL:https://www.financecalendar.com/event/nse-india-ganesh-chaturthi-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260914T083000
DTEND;TZID=America/New_York:20260914T093000
DTSTAMP:20260825T125237Z
CREATED:20260825T125237Z
LAST-MODIFIED:20260825T125237Z
UID:2165-1789374600-1789378200@www.financecalendar.com
SUMMARY:Canada CPI September 2026
DESCRIPTION:Next Canada CPI: Monday\, September 14\, 2026 at 8:30 am ET (1:30 pm London). Covers August 2026 data. \n\nConsensus\nNot yet published\nPrior\n3.0% YoY (July 2026)\nActual\nPending\n\nFull schedule and background: Canada CPI. \nUpdated August 25\, 2026 \n\nStatistics Canada publishes the August 2026 Consumer Price Index (CPI) on Monday\, September 14\, 2026 at 8:30 am ET (1:30 pm London). The CPI is the country’s main measure of inflation and this release covers price data collected through August 2026. Full schedule and background: Canada CPI. \nWhat is the Consumer Price Index?\nThe Consumer Price Index tracks the average change over time in the prices Canadian households pay for a fixed basket of goods and services\, from groceries and rent to gasoline and haircuts. Statistics Canada divides the basket into eight major groups\, including food\, shelter\, transportation and recreation\, and weights each group according to how much an average household actually spends on it. \nThe headline figure is the year-over-year change in the all-items index\, but the Bank of Canada pays closer attention to two “core” measures\, CPI-trim and CPI-median\, which strip out the most volatile price swings (usually fuel and some food items) to show the underlying trend. These core measures\, sometimes called underlying inflation\, are central to how the Bank of Canada decides whether to raise\, hold or cut its policy interest rate. \nMarkets watch the CPI closely because it feeds directly into interest rate decisions\, wage negotiations\, pension indexing and government benefit adjustments. A CPI print that surprises to the upside or downside can move the Canadian dollar\, bond yields and stock prices within minutes of release. \nWhen is the August CPI released?\nStatistics Canada releases the August 2026 CPI report on Monday\, September 14\, 2026 at 8:30 am ET (1:30 pm in London). The data is published in The Daily on the Statistics Canada website\, alongside detailed tables covering provinces\, cities and the Bank of Canada’s core inflation measures. Statistics Canada had already flagged this date on its CPI portal ahead of the release\, so there is no uncertainty over timing for this report. \nWhat is the consensus forecast?\nA consensus forecast for the August 2026 CPI has not yet been published by major polling organisations such as Reuters or Bloomberg. Forecaster estimates typically firm up in the days immediately before release\, closer to mid-September 2026. \nThe most recent published reading is the July 2026 CPI\, which showed headline inflation at 3.0% year over year\, up from 2.8% in June\, according to Statistics Canada. That was one tick above the 2.9% median forecast from economists polled by Reuters ahead of the report\, according to IndexBox. The Bank of Canada’s preferred core measures\, CPI-trim and CPI-median\, stood at 1.9% and 2.0% respectively in July. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (August 2026)\n\n\n\n\nHeadline CPI\, year over year\n3.0%\nNot yet published\n\n\nCore (average of CPI-trim and CPI-median)\nApproximately 1.95%\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus (once a forecast is set)\nA hotter than expected print would likely be read as reducing the chance of a near-term Bank of Canada rate cut\, and could firm up the Canadian dollar\, according to commentary from TD Economics on recent CPI reports.\nPrices are rising faster than expected\, which squeezes household budgets and may keep borrowing costs higher for longer.\n\n\nIn line with consensus\nA result matching expectations would likely be treated as confirmation the Bank of Canada can stay on hold\, with limited market reaction\, in line with recent analyst commentary that “the inflation side is looking stable” cited by CBC News.\nNo real change to the outlook for mortgage rates\, savings rates or the loonie.\n\n\nBelow consensus\nA softer print would likely be read as strengthening the case for a rate cut later in 2026\, potentially weighing on the Canadian dollar.\nInflation pressure is easing\, which could eventually translate into lower borrowing costs\, though not immediately.\n\n\n\nThese are possibilities discussed by analysts\, not predictions of the actual outcome. \nWhy does this release matter right now?\nCanadian inflation has been volatile through the middle of 2026. Headline CPI rose to 3.2% in May 2026\, the fastest pace since December 2023\, largely because of a surge in gasoline prices linked to disruption in Middle East energy exports\, according to Trading Economics. It then eased to 2.8% in June as fuel prices cooled\, before climbing back to 3.0% in July as gasoline costs rose again\, according to Statistics Canada. That puts headline inflation at the very top of the Bank of Canada’s 1% to 3% control range. \nDespite the swings in the headline number\, core inflation measures that the Bank of Canada watches most closely\, CPI-trim and CPI-median\, have stayed close to the 2% target through this period. BMO economist Robert Kavcic described the underlying picture as “stable and well-behaved” even with some heat in the July data\, according to CBC News. This August report is the last full CPI print before the Bank of Canada’s next scheduled rate announcement\, so policymakers will be watching whether core inflation holds near target or drifts higher. \nWhat It Means for Your Money\n\nMortgages and loans: If inflation stays elevated\, the Bank of Canada is less likely to cut its policy rate soon\, which keeps variable mortgage rates and other borrowing costs higher for longer. A cooler than expected reading could revive expectations of a rate cut later in 2026.\nSavings: Higher policy rates generally mean better returns on savings accounts and guaranteed investment certificates\, but if real (inflation-adjusted) returns are the concern\, a 3% inflation rate still erodes the purchasing power of cash sitting in low-interest accounts.\nJobs and wages: Persistent inflation above the Bank of Canada’s 2% target can feed into wage negotiations\, as workers push for pay rises to keep pace with the cost of living. This report gives an early read on whether that pressure is building or easing.\nEveryday prices: Gasoline and grocery prices have been the biggest swing factors in recent Canadian CPI reports. Households driving long distances or spending heavily on food will feel these categories most directly.\nInvestments\, pensions and the currency: A surprise in either direction can move the Canadian dollar against the US dollar\, euro and pound within minutes\, and can shift bond yields that underpin pension fund returns. Investors and pensioners with exposure to Canadian bonds or the loonie should expect some short-term volatility around the 8:30 am ET release.\n\nRelated events\n\nThe Bank of Canada’s next scheduled interest rate decision\, which will weigh this CPI print alongside other economic data.\nCanada’s monthly jobs report\, published separately by Statistics Canada\, which feeds into the same labour market picture the Bank of Canada monitors.\nThe United States CPI report\, typically released in the same week\, which can add to or offset currency moves triggered by the Canadian data.\n\nFrequently Asked Questions\nWhat time is the August 2026 Canada CPI released?\nStatistics Canada publishes the report at 8:30 am ET on Monday\, September 14\, 2026\, which is 1:30 pm in London. \nHow do I read the headline versus core CPI figures?\nThe headline figure is the change in the full basket of goods and services\, while core measures such as CPI-trim and CPI-median strip out volatile items like fuel to show the underlying inflation trend the Bank of Canada relies on. \nHow does this report affect Bank of Canada interest rate decisions?\nThe Bank of Canada uses CPI data\, especially the core measures\, to judge whether inflation is on track to return to its 2% target\, which directly influences whether it holds\, cuts or raises its policy interest rate. \nWhere can I find the official release?\nThe report is published in The Daily on the Statistics Canada website\, along with detailed data tables by province and city. \nWhen is the next Canada CPI report after this one?\nStatistics Canada typically releases CPI data roughly one month later\, covering September 2026\, with the exact date confirmed on its CPI release schedule closer to the time.
URL:https://www.financecalendar.com/event/canada-cpi-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260915T020000
DTEND;TZID=America/New_York:20260915T030000
DTSTAMP:20260825T125831Z
CREATED:20260825T125831Z
LAST-MODIFIED:20260825T125831Z
UID:2167-1789437600-1789441200@www.financecalendar.com
SUMMARY:UK Labour Market Report September 2026
DESCRIPTION:Next UK Labour Market Report: Tuesday\, September 15\, 2026 at 7:00 am BST (2:00 am ET\, 7:00 am London). \n\nConsensus\nNot yet published\nPrior\nUnemployment rate 4.9% (April to June 2026)\nActual\nPending\n\nFull schedule and background: UK Labour Market Report. \nUpdated August 25\, 2026 \n\nThe UK Labour Market Report for September 2026 is due for release on Tuesday\, September 15\, 2026 at 7:00am London time (2:00am ET). It is published by the Office for National Statistics (ONS) and covers the rolling three-month period from May to July 2026 for its headline employment\, unemployment and earnings figures\, alongside claimant count and payrolled employee estimates for August 2026. Full schedule and background: UK Labour Market Report. \nWhat is the UK Labour Market Report?\nThe Labour Market Report is the ONS’s monthly overview of how many people in the UK are working\, looking for work\, or neither. Its headline figures come mainly from the Labour Force Survey (LFS)\, a household survey that asks a sample of people about their work status\, which is then used to estimate the employment rate\, the unemployment rate and the economic inactivity rate for the whole population. \nAlongside the survey data\, the report includes faster\, more timely measures: the claimant count (people receiving unemployment-related benefits) and payrolled employees drawn from HM Revenue and Customs Real Time Information (RTI) tax data. It also reports average weekly earnings\, split into regular pay (excluding bonuses) and total pay (including bonuses)\, which is one of the clearest signals of wage pressure in the economy. \nMarkets watch this release closely because the Bank of England uses labour market slack and wage growth as key inputs when setting interest rates. A tight jobs market with strong pay growth tends to support the case for higher borrowing costs\, while rising unemployment and slowing pay growth point the other way. The report also matters beyond the UK: sterling\, gilt yields and UK equities can all move on the release\, with knock-on effects for European and Asian markets that trade UK assets or watch the Bank of England as a signal for other central banks. \nWhen is the September labour market report released?\nThe ONS will publish the report on September 15\, 2026 at 7:00am London time\, which is 2:00am ET. It appears on the ONS labour market overview page\, alongside supporting datasets such as the summary of labour market statistics and the regional labour market breakdown. The ONS has already confirmed this date and time on its release calendar\, so there is no estimation involved for this instalment. \nWhat is the consensus forecast?\nAs of now\, a consensus forecast for the September 2026 release has not yet been published. Surveys of economists by newswires such as Reuters typically appear only in the days immediately before the release\, once August claimant count and payrolled employee data start to firm up expectations. The most recent confirmed reading\, from the ONS bulletin published on August 18\, 2026\, showed the unemployment rate at 4.9% in the three months to June 2026\, up 0.2 percentage points on the year but down 0.1 percentage points on the previous quarter\, according to the ONS Labour Market Overview\, UK: August 2026. Regular pay growth (excluding bonuses) was 3.5% and total pay growth (including bonuses) was 4.1% over the same period\, per the same release. \n\n\n\nMeasure\nPrior (April to June 2026)\nConsensus for May to July 2026\n\n\n\n\nUnemployment rate\n4.9%\nNot yet published\n\n\nEmployment rate\nNot fully confirmed at time of writing\nNot yet published\n\n\nRegular pay growth (ex. bonuses)\n3.5%\nNot yet published\n\n\nClaimant count (most recent month)\n1.665 million (July 2026)\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nUnemployment rate rises above the prior 4.9% and pay growth cools further\nTraders may price in a higher chance of a Bank of England rate cut\, pushing sterling lower against the dollar and euro\nA weaker jobs market and slower wage growth would suggest the economy is cooling\, which could eventually feed through to lower mortgage rates\n\n\nUnemployment rate holds near 4.9% and pay growth is broadly unchanged\nLimited market reaction\, as this would confirm the recent flat trend the Bank of England has already priced in\nLittle immediate change for borrowers or savers\, though a genuinely flat labour market for a long period tends to keep interest rate expectations steady\n\n\nUnemployment rate falls and pay growth accelerates\nGilt yields could rise and sterling could firm\, as markets price out near-term rate cuts\nA tighter jobs market with stronger pay growth would raise the risk that inflation stays higher for longer\, which argues for interest rates staying elevated\n\n\n\nThese are illustrative reactions drawn from how analysts have described the mechanics of the release\, not predictions of what will happen. Reuters and Bloomberg poll a range of economists ahead of most major UK data releases\, and their published median forecast\, once available\, is the most reliable single number to compare the actual result against. \nWhy does this release matter right now?\nThe Bank of England has spent much of 2026 weighing a labour market that has been gradually loosening against inflation that has remained above its 2% target for an extended period. The unemployment rate has drifted higher over the past year\, from 4.5% a year earlier to 4.9% in the most recent confirmed quarter\, according to data compiled in the Wikipedia summary of UK unemployment trends and the ONS bulletins underpinning it. At the same time\, economic inactivity\, the share of working-age people neither working nor looking for work\, has been broadly flat at close to 20.9%\, and youth unemployment has been highlighted by groups such as the Learning and Work Institute as a particular area of concern. \nWage growth has been the other side of the story. Regular pay growth of 3.5% is still running ahead of the Bank’s 2% inflation target\, but it has been slowing gradually\, and real pay\, adjusted for inflation\, has been rising only modestly for most workers according to commentary reported by FE News. The September release\, covering May to July 2026\, will show whether that gradual cooling in both unemployment and pay growth is continuing\, stalling or reversing\, which matters directly for the timing of any further Bank of England interest rate moves. \nWhat It Means for Your Money\n\nMortgages and borrowing: A weaker labour market print tends to increase the chance of a Bank of England rate cut\, which can eventually lower fixed mortgage rates as lenders reprice\, though tracker and variable rate mortgages respond most directly to any actual change in the Bank Rate.\nSavings: If markets price in rate cuts\, banks and building societies often start trimming savings account rates in advance\, so savers relying on easy access or fixed-term deposits may see slightly lower returns on offer in the weeks that follow.\nJobs and wages: A rising unemployment rate or falling vacancies can mean it takes longer to find a new job or negotiate a pay rise\, particularly for younger workers\, where unemployment has already reached its highest level in over a decade according to the Learning and Work Institute.\nPrices and living standards: Wage growth still running above inflation is good news for take-home pay in real terms\, but if pay growth slows sharply while prices stay high\, household budgets can feel tighter even without a formal recession.\nInvestments\, pensions and the pound: UK gilt yields and the pound often move on this data because it feeds directly into Bank of England rate expectations. A softer jobs market can pull sterling lower against the dollar and euro\, which affects the cost of imports and the value of overseas holidays\, while pension funds holding UK bonds are sensitive to shifts in expected interest rates.\n\nRelated events\n\nThe next Bank of England Monetary Policy Committee decision\, which will weigh this labour market data alongside inflation figures.\nThe UK Consumer Prices Index (CPI) release\, published separately by the ONS\, which is read alongside wage growth to judge real pay trends.\nThe next monthly UK Labour Market Report\, due in October 2026\, covering the three months to August 2026.\n\nFrequently Asked Questions\nWhat time is the UK Labour Market Report released?\nThe ONS publishes the report at 7:00am London time on September 15\, 2026\, which is 2:00am ET. \nHow should I read the headline numbers?\nFocus on the direction of the unemployment rate\, the employment rate and regular pay growth compared with the prior quarter\, rather than any single month\, since the underlying survey data can be volatile and subject to revision. \nHow does this release affect UK interest rates?\nThe Bank of England uses labour market slack and wage growth as key evidence when deciding whether to raise\, hold or cut the Bank Rate\, so a notably stronger or weaker report can shift market expectations for the next decision. \nWhere can I find the official release?\nThe report is published on the ONS Labour Market Overview page\, alongside supporting datasets and regional breakdowns. \nWhen is the next UK Labour Market Report due?\nThe following release is scheduled for October 2026\, covering the three months to August 2026\, with the exact date confirmed on the ONS release calendar closer to the time.
URL:https://www.financecalendar.com/event/uk-labour-market-report-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260916T020000
DTEND;TZID=America/New_York:20260916T030000
DTSTAMP:20260825T130401Z
CREATED:20260825T130401Z
LAST-MODIFIED:20260825T130401Z
UID:2169-1789524000-1789527600@www.financecalendar.com
SUMMARY:UK CPI Inflation September 2026
DESCRIPTION:Next UK CPI Inflation: Wednesday\, September 16\, 2026 at 7:00 am BST (2:00 am ET\, 7:00 am London). Covers August 2026 data. \n\nConsensus\nNot yet published\nPrior\n2.9% headline CPI\, 2.6% core CPI (July 2026)\nActual\nPending\n\nFull schedule and background: UK CPI Inflation. \nUpdated August 25\, 2026 \n\nThe Office for National Statistics (ONS) publishes the UK Consumer Price Index (CPI) report for August 2026 on Wednesday\, September 16\, 2026\, at 7:00 am BST (7:00 am London time\, 2:00 am ET). The release is the single most important UK inflation reading of the month and lands one day before the Bank of England’s Monetary Policy Committee (MPC) is next scheduled to meet. Full background and the release schedule are on the UK CPI Inflation hub. \nWhat is the UK CPI report?\nThe Consumer Price Index tracks the average change in prices paid by UK households for a fixed basket of goods and services\, from groceries and fuel to rent\, clothing and haircuts. The ONS collects tens of thousands of prices each month from shops\, websites and service providers\, weights them by how much a typical household spends on each category\, and calculates how much that basket has risen or fallen compared with the same month a year earlier (the “12-month rate”\, commonly called the annual inflation rate). \nAlongside headline CPI\, the ONS publishes core CPI\, which strips out the most volatile items\, energy\, food\, alcohol and tobacco\, to show the underlying trend in prices. It also breaks the data into goods inflation and services inflation. The Bank of England watches services inflation particularly closely because it tends to move with domestic wage growth and is harder to shift with interest rates than volatile energy or food prices. \nMarkets watch CPI because it is the main gauge the Bank of England uses to judge whether interest rates need to rise\, fall or hold steady. A hotter than expected reading tends to push up UK gilt yields and the pound\, on the view that rates will stay higher for longer\, while a cooler reading can do the opposite. \nWhen is the August 2026 CPI report released?\nThe ONS will publish the Consumer price inflation\, UK: August 2026 bulletin on Wednesday\, September 16\, 2026\, at 7:00 am BST (7:00 am London time\, which is 2:00 am ET). The bulletin is released on the ONS website and covers price changes recorded during August 2026. The ONS normally issues CPI data around the middle of each month for the previous month\, and no change to this pattern has been flagged for the August release. \nWhat is the consensus forecast?\nAs of the time of writing\, a consensus forecast for the August 2026 CPI report has not yet been published. City economists and data providers such as Reuters and Bloomberg typically publish their median forecasts in the days immediately before a release\, once August’s energy price moves and other inputs are clearer. Check back closer to September 16\, 2026 for an updated forecast. \nThe most recent published reading is for July 2026. Headline CPI rose to 2.9% in the 12 months to July 2026\, up from 2.6% in June\, according to the ONS. That increase was the first rise in the annual rate since March 2026 and was driven largely by a jump in gas and electricity prices following an Ofgem price cap increase on July 1. Core CPI\, which excludes energy\, food\, alcohol and tobacco\, held at 2.6% in July\, unchanged from June\, while services inflation eased slightly to 3.4% from 3.6%. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (August 2026)\n\n\n\n\nHeadline CPI (annual)\n2.9%\nNot yet published\n\n\nCore CPI (annual)\n2.6%\nNot yet published\n\n\n\nRecent UK CPI readings\n\n\n\nMonth\nHeadline CPI (annual)\nCore CPI (annual)\n\n\n\n\nFebruary 2026\n3.0%\n3.2%\n\n\nMarch 2026\n3.3%\n3.1%\n\n\nApril 2026\n2.8%\n2.5%\n\n\nMay 2026\n2.8%\n2.6%\n\n\nJune 2026\n2.6%\n2.6%\n\n\nJuly 2026\n2.9%\n2.6%\n\n\n\nSource: ONS Consumer price inflation bulletins\, February to July 2026. \nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nGilt yields and the pound could rise as traders price a longer wait for interest rate cuts\, or even a renewed chance of a rate rise\nPrices are climbing faster than expected\, which squeezes household budgets and makes the Bank of England more cautious about cutting borrowing costs\n\n\nIn line with consensus\nA limited market reaction is likely\, since the number would simply confirm what investors already expect\nInflation is behaving broadly as forecast\, so mortgage rates and savings rates are unlikely to move sharply on the data alone\n\n\nBelow consensus\nGilt yields and the pound could fall as markets bring forward expectations for interest rate cuts\nPrice pressure is easing faster than expected\, which could eventually feed through to cheaper borrowing\, though not immediately\n\n\n\nThese are possibilities based on how markets have historically reacted to inflation surprises\, not predictions of what will happen on September 16\, 2026. \nWhy does this release matter right now?\nUK inflation has been drifting away from the Bank of England’s 2% target rather than towards it. After falling to a 15-month low of 2.6% in June 2026\, headline CPI rose to 2.9% in July\, and the Bank has projected inflation could peak near 3.2% in the fourth quarter of 2026\, according to commentary reported by Babypips. A second increase to the Ofgem household energy price cap is expected in October 2026\, which could add further upward pressure to the readings that follow the August data. \nThe MPC held Bank Rate at 3.75% at its July 30\, 2026 meeting\, but the vote was split\, with three of the nine members pushing for an immediate rise to 4.0% because of concerns that higher energy costs could spread into wider prices\, according to the same reporting. The committee’s next scheduled decision falls on September 17\, 2026\, the day after this CPI release\, so the August print will be one of the last major data points policymakers see before that vote. HM Treasury’s August 2026 forecast round\, cited by the Building Cost Information Service\, pencilled in CPI inflation averaging 3.4% in the fourth quarter of 2026 before easing back towards target through 2027. \nWhat It Means for Your Money\nMortgages and borrowing: If inflation surprises to the upside\, lenders may hold fixed mortgage rates higher for longer\, since money markets would price a slower path of interest rate cuts from the Bank of England. A softer print could feed through to slightly cheaper new fixed-rate deals over time\, though rarely overnight. \nSavings: Higher than expected inflation erodes the real value of cash sitting in savings accounts unless the interest rate paid keeps pace. Savers comparing accounts should check whether their rate beats the latest CPI figure\, not just the interest rate itself. \nJobs and wages: The Bank of England watches whether pay growth is running ahead of or behind inflation. If prices rise faster than wages\, household spending power falls even if pay packets are growing in cash terms. \nPrices in everyday life: The report explains why a weekly shop\, energy bill or bus fare feels more or less expensive than a year ago. Energy costs have been the largest single driver of the recent increase in UK inflation. \nInvestments\, pensions and currencies: UK gilts\, the FTSE 100 and the pound can all move on the data\, with knock-on effects for pension funds holding UK bonds. A stronger or weaker pound also changes the cost of imports for UK shoppers and affects how far sterling stretches for anyone travelling to the eurozone or the United States. Investors in Europe and Asia watch UK inflation partly because it shapes expectations for other central banks navigating similar energy-driven price pressures. \nRelated events\n\nBank of England MPC interest rate decision\, scheduled for September 17\, 2026\, the day after this CPI release.\nUK labour market and average earnings statistics\, published monthly by the ONS alongside CPI as part of the same data cycle.\nUS CPI report\, published monthly by the US Bureau of Labor Statistics\, which shapes the global inflation backdrop alongside the UK figures.\n\nFrequently Asked Questions\nWhat time is the August 2026 UK CPI report released?\nThe ONS publishes the report at 7:00 am BST (7:00 am London time) on September 16\, 2026\, which is 2:00 am ET. \nHow should I read the headline CPI figure?\nThe headline figure shows how much prices for a typical household basket have risen over the past 12 months. A higher number means the cost of living is rising faster; a lower number means it is rising more slowly\, not that prices are falling outright unless the figure turns negative. \nHow does the CPI report affect UK interest rates?\nThe Bank of England’s Monetary Policy Committee uses CPI data as one of its main inputs when deciding whether to raise\, cut or hold Bank Rate\, currently held at 3.75% as of the July 30\, 2026 decision. A CPI reading that runs hotter than the Bank expects can reduce the likelihood of a near-term rate cut. \nWhere can I find the official release?\nThe bulletin is published on the ONS release calendar and in the Consumer price inflation series on the ONS website. \nWhen is the next UK CPI report after this one?\nThe ONS publishes CPI data monthly\, so the September 2026 report covering that month’s prices is expected in mid-October 2026\, following the usual publication pattern.
URL:https://www.financecalendar.com/event/uk-cpi-inflation-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260916T083000
DTEND;TZID=America/New_York:20260916T093000
DTSTAMP:20260825T104646Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104646Z
UID:1318-1789547400-1789551000@www.financecalendar.com
SUMMARY:US Retail Sales September 2026
DESCRIPTION:Next US Personal Income and Outlays (PCE): Wednesday\, September 16\, 2026 at 8:30 am ET (1:30 pm London). Covers August 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nFull schedule and background: US Personal Income and Outlays (PCE). \nUpdated August 25\, 2026 \n\n← Previous US Personal Income and Outlays (PCE)Next US Personal Income and Outlays (PCE) →\nThe US Census Bureau will publish the Advance Monthly Sales for Retail and Food Services report for August 2026 on Wednesday\, September 16\, 2026\, at 8:30 AM ET. The release will provide the first official estimate of consumer spending at retail establishments across the United States for the August 2026 reference month. \nAt a Glance\n\n\n\nRelease Date\nWednesday\, September 16\, 2026\n\n\nRelease Time\n8:30 AM ET\n\n\nPublished By\nUS Census Bureau\n\n\nReference Month\nAugust 2026\n\n\nPrior Reading (April 2026)\n+0.5% MoM ($757.1bn)\n\n\nMarket Impact\nHigh\n\n\n\nWhat Is the US Retail Sales Report?\nThe Advance Monthly Sales for Retail and Food Services\, commonly called the retail sales report\, is the US Census Bureau’s early estimate of total receipts at stores selling merchandise and at food services establishments. It covers more than 5\,000 firms selected to represent approximately 3 million retail establishments across the country. The advance release comes approximately two weeks after the reference month ends\, making it one of the most timely measures of consumer spending available to economists and policymakers. \nThe report is published monthly and covers total retail sales\, sales excluding motor vehicles (which are volatile month to month)\, and sales excluding motor vehicles and petrol. The “control group” measure\, which strips out vehicles\, petrol\, building materials\, and food services\, feeds directly into the Bureau of Economic Analysis (BEA) calculation of personal consumption expenditures (PCE)\, a key input to GDP. For this reason\, the retail sales control group figure often receives as much attention as the headline number. \nConsumer spending accounts for roughly 70% of US GDP\, so retail sales data carries outsized weight in economic assessments. A sustained run of strong readings supports the case for a resilient economy and limits the Federal Reserve’s (the Fed’s) scope to cut rates. Weak readings\, by contrast\, can raise recession concerns and shift rate expectations decisively lower. \nUS Retail Sales Release: September 16\, 2026\nThe September 16 release will deliver the first look at retail spending in August 2026. The most recent available data shows April 2026 retail sales at $757.1 billion (USD)\, an increase of 0.5% from March\, itself up 1.6% from February. Year-on-year\, April spending rose 4.9%\, reflecting still-healthy consumer demand despite tariff-driven price pressures. E-commerce sales continue to grow at a faster pace than in-store purchases\, and the grocery sector has absorbed significant food price inflation that has lifted headline dollar values without necessarily indicating volume growth. \nNo formal market consensus forecast for August 2026 retail sales is yet available\, given that the release remains approximately three months away. As consensus estimates from Reuters\, Bloomberg\, and other polling organisations become available in the weeks before the September 16 release\, they will reflect summer spending patterns\, back-to-school purchasing\, and any shifts in petrol prices. The US Retail Sales August 2026 release on August 14 will offer a more immediate benchmark and is likely to shape expectations for the subsequent September reading. \nWhy This Retail Sales Release Matters\nThe September 16 data will arrive just two days before the Federal Open Market Committee (FOMC) begins its two-day meeting scheduled to conclude on September 17 (with the rate decision released on September 16 separately via the FOMC Rate Decision September 2026). This proximity makes the September retail sales release particularly sensitive: a strong reading could reinforce the case for steady rates\, while a soft reading might tip sentiment toward a cut. \nThe report will also arrive in the context of an economy navigating a complex environment. Tariff-related price increases\, particularly on goods imported from major trading partners\, have shifted some consumer behaviour toward domestic alternatives and reduced discretionary spending in certain categories. At the same time\, a still-solid labour market has kept incomes supported\, providing purchasing power even as real wages face pressure from elevated goods inflation. The interaction of these forces will be visible in the August spending data. \nFor equity markets\, retail sales data moves shares of consumer-facing companies most directly: large retailers\, restaurant chains\, and e-commerce platforms. A strong reading could lift the consumer discretionary sector\, while a disappointing figure tends to weigh on shares of companies dependent on household spending confidence. The bond market will also react\, with strong retail data typically pushing Treasury yields higher as investors reduce expectations for rate cuts. \nWhat to Watch For\n\nAbove consensus: A reading above the market forecast would signal that US consumers remain resilient into the late summer months\, supporting the case for the Fed to hold rates steady or extend any pause in cutting. Consumer discretionary equities are likely to react positively\, and the US dollar could strengthen against major peers.\nIn line with consensus: A broadly as-expected reading would confirm stable spending patterns and be unlikely to move markets materially. The focus would shift quickly to the retail sales control group for signals about Q3 GDP momentum.\nBelow consensus: A weaker-than-expected reading\, particularly if also accompanied by downward revisions to prior months\, would raise concern about the consumer’s ability to sustain spending in a high-tariff\, high-cost environment. Markets may price in additional Fed easing\, pushing Treasury yields lower and pressuring the US dollar.\n\nBeyond the headline\, watch for the control group measure\, the exclusion of petrol from total sales (to assess underlying demand stripped of energy price effects)\, and any revisions to July 2026 data that may alter the sequential momentum narrative. \nHistorical Context\n\n\n\nMonth\nMoM Change\nYoY Change\n\n\n\n\nFebruary 2026\n–\n–\n\n\nMarch 2026\n+1.6%\n–\n\n\nApril 2026\n+0.5%\n+4.9%\n\n\nMay 2026\nTBC\nTBC\n\n\nJune 2026\nTBC (released July 17)\n–\n\n\nAugust 2026\nTBC (released September 16)\n–\n\n\n\nSource: US Census Bureau. Monthly retail and food services data\, seasonally adjusted. Complete monthly series for 2025-2026 will be updated as Census publishes each advance release. \nMarket Positioning\nIn the weeks before the September 16 release\, markets will be closely monitoring the US Retail Sales August 2026 release on August 14 as a proxy for the trend. If August data is strong\, analysts will revise their September forecasts upward. If August surprises to the downside\, the September expectation bar will be lowered accordingly. \nConsumer confidence surveys\, credit card spending data from payment processors\, and quarterly earnings guidance from major retailers will all inform the market’s prior for September. Walmart’s Q2 FY2027 earnings (due August 20) and other major retail corporate reports through August will give investors a real-time sense of spending trends ahead of the Census Bureau’s official release. \nRelated Events\n\nUS Retail Sales August 2026 – Released August 14\, the August report will set the trajectory for September spending expectations.\nFOMC Rate Decision September 2026 – The Fed’s September meeting will incorporate August and September spending data as part of its assessment of economic conditions.\nUS CPI Report September 2026 – The September 11 CPI release will accompany the retail sales report as a joint read on consumer conditions in August.\n\nFrequently Asked Questions\nWhat does the US retail sales report measure?\nThe Advance Monthly Sales for Retail and Food Services measures total receipts at retail establishments and food services businesses across the United States. It covers over 3 million retail outlets\, sampled through approximately 5\,000 firms. The report provides the earliest read on consumer spending for the reference month and is used to estimate personal consumption in GDP calculations. \nWhen is the US Retail Sales report for August 2026 released?\nThe US Census Bureau will release the Advance Monthly Retail Sales report for August 2026 on Wednesday\, September 16\, 2026\, at 8:30 AM ET. The report is available on the Census Bureau website at census.gov/retail immediately following release. \nWhy do markets react so strongly to retail sales data?\nConsumer spending accounts for approximately 70% of US GDP. Retail sales data is the most timely monthly measure of that spending\, arriving just two weeks after the reference month ends. Because it directly signals whether consumers are confident and have purchasing power\, it shapes expectations for economic growth\, corporate earnings\, and Federal Reserve policy simultaneously.
URL:https://www.financecalendar.com/event/us-retail-sales-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260917T083000
DTEND;TZID=America/New_York:20260917T093000
DTSTAMP:20260825T104642Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104642Z
UID:1331-1789633800-1789637400@www.financecalendar.com
SUMMARY:US New Residential Construction (Housing Starts) September 2026
DESCRIPTION:Next US New Residential Construction (Housing Starts): Thursday\, September 17\, 2026 at 8:30 am ET (1:30 pm London). Covers August 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nUpdated August 25\, 2026 \n\n← Previous US New Residential Construction (Housing Starts)Next US New Residential Construction (Housing Starts) →\nThe United States Census Bureau\, jointly with the Department of Housing and Urban Development (HUD)\, will release New Residential Construction data for August 2026 on Thursday\, September 17\, 2026\, at 8:30 a.m. Eastern Time. The report\, commonly known as the housing starts report\, covers the number of new privately owned housing units on which construction began during the reference month. Consensus forecasts for August 2026 will develop closer to the release date\, as major polling organisations typically publish estimates in the week prior to the report. \nWhat Is the Housing Starts Report?\nThe New Residential Construction report is a monthly joint release from the Census Bureau and HUD covering three key metrics: housing starts (units where construction began)\, building permits (authorisations for future construction)\, and housing completions (units finished during the month). Seasonally adjusted annual rates (SAAR) are used to remove weather-related and other seasonal distortions\, enabling meaningful month-to-month comparisons. \nHousing starts are divided into two main segments: single-family homes and multi-family units (buildings with five or more units). Single-family starts reflect individual homebuyer demand and builder confidence\, while multi-family starts are heavily influenced by the rental market\, institutional investors\, and financing conditions. The data is released approximately 17 business days after the end of the survey month. \nHousing is a leading economic indicator. Construction activity ripples through dozens of related industries\, including building materials\, appliances\, landscaping\, and financial services\, meaning sustained changes in housing starts typically signal broader economic momentum or slowdown several months ahead. The Federal Reserve (the Fed) monitors residential construction data closely as part of its assessment of economic activity and inflationary pressure in the shelter component of consumer prices. \nHousing Starts Report: September 17\, 2026\nThe September 17 release will cover August 2026 construction activity. Consensus estimates from major financial institutions and polling services are not yet published\, as the report is more than three months away at the time of writing. Market expectations will be shaped by mortgage rate conditions\, builder sentiment surveys (particularly the NAHB/Wells Fargo Housing Market Index)\, and the trend in building permits\, which serve as a forward indicator for starts. \nThe April 2026 report\, the most recent data available at the time of writing\, showed housing starts at a seasonally adjusted annual rate of 1.465 million units\, a decline of 2.8% from the revised March rate of 1.507 million. Within the April figure\, single-family starts fell 9% to 930\,000 units while multi-family starts jumped 14.3% to 529\,000 units\, according to the Census Bureau. Elevated mortgage rates continue to weigh on single-family construction\, while demand for rental housing sustains multi-family activity. \nWhy This Report Matters\nHousing starts are a bellwether for consumer confidence and credit availability. When builders break ground on new homes\, it signals that demand is sufficient to justify the investment\, which in turn reflects household expectations about income\, employment\, and borrowing costs. A sustained decline in single-family starts typically precedes a slowdown in household goods spending\, as new homeowners are significant buyers of furniture\, appliances\, and home improvement products. \nFor the Federal Open Market Committee (FOMC)\, housing data is a critical input. Shelter costs account for a substantial share of the Consumer Price Index (CPI)\, and new residential construction directly affects future rental and ownership supply. If starts remain suppressed\, shelter inflation is likely to stay elevated\, complicating the Fed’s path to its 2% inflation target. The timing of this release is particularly notable: the FOMC Rate Decision on September 16\, 2026\, falls just one day before\, meaning markets will be processing two major data points in rapid succession. \nFor equity markets\, housing starts influence the performance of homebuilders\, building materials companies\, mortgage lenders\, and home improvement retailers. For the bond market\, a stronger-than-expected reading implies continued inflationary pressure in shelter costs\, which could push yields modestly higher. A miss would have the opposite effect\, potentially reinforcing expectations for rate cuts. \nWhat to Watch For\nAnalysts will focus on several key metrics within the September 17 release: \n\nAbove consensus — A stronger-than-expected reading signals sustained builder confidence and healthy demand conditions. A recovery in single-family starts in particular would suggest buyers are returning despite elevated mortgage rates\, and could firm expectations for a longer high-rate environment\, modestly pressuring Treasury bonds.\nIn line with consensus — A matching result would reinforce current market pricing. Attention would shift to the building permits sub-component and any revisions to prior months’ figures\, which frequently move markets even when the headline is neutral.\nBelow consensus — A miss would signal that affordability constraints are weighing more heavily on builders. Single-family starts falling significantly would be the most market-moving scenario\, raising concerns about a broader housing slowdown. Bond yields could ease on expectations that weaker housing activity will dampen shelter inflation.\n\nBeyond the headline figure\, markets will watch: building permits (the most reliable forward indicator for starts over the following one to three months)\, the single-family versus multi-family split\, and any revisions to the prior two months. A sustained drop in permit issuance reliably forecasts lower starts in coming months and is frequently more market-moving than the headline itself. \nHistorical Context\n\n\n\nRelease Date\nReference Month\nActual (SAAR)\nMoM Change\n\n\n\n\nMay 21\, 2026\nApril 2026\n1.465 million\n-2.8%\n\n\nApril 29\, 2026\nMarch 2026\n1.507 million\n+10.8%\n\n\nMarch 12\, 2026\nJanuary 2026\n1.487 million\n+7.2%\n\n\nFebruary 2026\nDecember 2025\n1.387 million\n—\n\n\n\nMarket Positioning\nAs of early June 2026\, housing starts are running above the long-run historical average of approximately 1.43 million units per year\, though well below the pre-financial-crisis peak of 2.49 million units reached in January 2006. The recent divergence between single-family and multi-family construction reflects two competing forces: mortgage rate headwinds suppressing owner-occupier demand\, and a structural undersupply of rental housing sustaining multi-family activity. \nBuilder sentiment\, as measured by the NAHB Housing Market Index\, will be published in the days before the September 17 release and may shape market expectations. Any meaningful shift in mortgage rates between now and August will significantly influence the eventual result. Futures markets will track how the report’s implications intersect with the US CPI Report September 2026\, given housing’s weight in the shelter component of consumer prices. \nRelated Events This Week\n\nFOMC Rate Decision September 2026 — The Fed’s September 16 rate decision directly sets the cost of mortgage finance and builder loans\, making it the critical context for interpreting housing starts one day later.\nUS CPI Report September 2026 — Inflation data released the week before will frame whether housing is providing or absorbing inflationary pressure in the shelter component.\nUS Retail Sales September 2026 — Retail sales data in the same week will complete the picture of consumer demand\, which drives both the need for housing and the spending that follows a home purchase.\n\nFrequently Asked Questions\nWhat does the housing starts report measure?\nThe housing starts report\, formally titled New Residential Construction\, measures the number of new privately owned residential units where construction began during the reference month. Published jointly by the Census Bureau and HUD\, it includes both single-family homes and multi-family buildings. The headline figure is expressed as a seasonally adjusted annual rate (SAAR) to allow meaningful comparison across months. \nWhen is the September 2026 housing starts report released?\nThe August 2026 housing starts data will be published on Thursday\, September 17\, 2026\, at 8:30 a.m. Eastern Time. The report is typically released approximately 17 business days after the end of the survey month\, jointly by the Census Bureau and the Department of Housing and Urban Development. \nHow do housing starts affect financial markets?\nA stronger-than-expected housing starts reading can push Treasury yields modestly higher\, as it implies continued shelter-driven inflation\, and tends to lift shares of homebuilders\, materials companies\, and home improvement retailers. A weaker reading has the opposite effect. The report’s greatest market-moving potential comes when it provides new information about the direction of shelter inflation\, which is a key variable for Federal Reserve policy.
URL:https://www.financecalendar.com/event/us-new-residential-construction-housing-starts-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260917T083000
DTEND;TZID=America/New_York:20260917T093000
DTSTAMP:20260825T105218Z
CREATED:20260825T105218Z
LAST-MODIFIED:20260825T105218Z
UID:2078-1789633800-1789637400@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: September 17\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Thursday\, September 17\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\n206\,000 (week ending August 15\, 2026)\nActual\nPending\n\nFull schedule and background: US Initial Jobless Claims. \nUpdated August 25\, 2026 \n\n← Previous US Initial Jobless Claims\nThe US Initial Jobless Claims report for the week ending September 13\, 2026 is due on Thursday\, September 17\, 2026 at 8:30 am ET (1:30 pm London time). It is published weekly by the US Department of Labor and counts the number of people filing new claims for unemployment benefits\, one of the timeliest signals available on the health of the American labour market. Full schedule and background: US Initial Jobless Claims. \nWhat is the consensus forecast?\nAs of this preview\, a consensus forecast for the week ending September 13\, 2026 has not yet been published. Economist surveys for weekly claims are typically finalised only a day or two before release\, so the figure will firm up closer to September 17. \nThe most recently confirmed reading in this series was for the week ending August 15\, 2026: initial claims fell to 206\,000\, below the median forecast of 210\,000 in a Bloomberg survey of economists\, and down from 212\,000 the previous week\, according to Bloomberg. Continuing claims\, which measure people still receiving benefits after an initial claim\, rose by 18\,000 to 1\,799\,000 in the week ending August 8\, 2026\, according to Trading Economics\, citing Department of Labor data. \n\n\n\nMeasure\nPrior (week ending Aug 15\, 2026)\nConsensus for Sept 13\, 2026 week\n\n\n\n\nInitial claims\n206\,000\nNot yet published\n\n\nContinuing claims\n1\,799\,000 (week ending Aug 8)\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nAbove consensus\nDovish for the Federal Reserve\, often weighs on the dollar and can lift bond prices\nMore people than expected filed for benefits\, a sign hiring may be cooling\n\n\nIn line with consensus\nLimited market reaction\nThe labour market is behaving broadly as expected\, no fresh signal for the Fed\n\n\nBelow consensus\nCan be read as hawkish\, supporting the dollar and pushing bond yields higher\nFewer people filed for benefits than expected\, pointing to continued labour market strength\n\n\n\nWhy it matters this week\nWeekly claims have stayed close to historically low levels through the summer of 2026\, with initial claims hovering in the 199\,000 to 212\,000 range and continuing claims edging up toward 1.8 million\, according to PNC Economics Research. That combination\, low new claims but a slowly rising pool of people still receiving benefits\, suggests employers are not laying off many workers but are taking longer to rehire those who lose a job. \nThe Federal Reserve watches this data closely because it arrives weekly\, far more often than the monthly jobs report\, giving policymakers an early read on whether the labour market is weakening. A sustained rise in claims would add to the case for further interest rate cuts\, while claims staying low would support the view that the US economy remains close to full employment. \nWhat It Means for Your Money\nJobless claims feed directly into how investors think the Federal Reserve will move interest rates\, which in turn affects mortgage rates\, credit card costs and savings account yields in the United States. A run of higher-than-expected claims tends to push bond yields down and can nudge mortgage rates lower\, while unusually low claims can keep borrowing costs elevated for longer. \nFor anyone holding US shares\, US dollar cash\, or funds with American exposure\, from the UK\, Europe and Asia as much as from the US itself\, a weak claims report can weigh on the dollar and lift the pound and euro against it\, while a strong report tends to do the opposite. Pension savers with global equity funds will feel these swings indirectly through fund values rather than in a single headline number. \nNone of this is decisive on its own. Weekly claims are volatile and one release rarely changes the picture; it is the trend over several weeks that tends to matter for mortgage rates\, hiring plans and investment portfolios. \nFrequently Asked Questions\nWhat time is the September 17 jobless claims report released?\nIt is released at 8:30 am ET\, which is 1:30 pm in London\, by the US Department of Labor. \nWhat counts as a big miss versus consensus?\nBecause weekly claims are volatile\, economists generally treat a move of more than 15\,000 to 20\,000 away from consensus as notable enough to shift market expectations for the Federal Reserve. \nWhen is the next jobless claims report after this one?\nJobless claims are published every Thursday\, so the following report covering the week ending September 20\, 2026 is due on September 24\, 2026. \n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-september-17-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260917T193000
DTEND;TZID=America/New_York:20260917T203000
DTSTAMP:20260826T033441Z
CREATED:20260826T033440Z
LAST-MODIFIED:20260826T033441Z
UID:2265-1789673400-1789677000@www.financecalendar.com
SUMMARY:Japan CPI September 2026
DESCRIPTION:Next Japan CPI: Friday\, September 18\, 2026 at 8:30 am JST (7:30 pm ET\, 12:30 am London). Covers August 2026 data. \n\nConsensus\nNot yet published\nPrior\nCore CPI 1.8% YoY (July 2026)\nActual\nPending\n\nFull schedule and background: Japan CPI. \nUpdated August 25\, 2026 \n\nJapan’s Consumer Price Index (CPI) for August 2026 is scheduled for release on September 18\, 2026 at 8:30 am Japan Standard Time\, which is 7:30 pm ET on September 17 and 12:30 am London time on September 18. The figures are published by the Statistics Bureau of Japan and cover price changes for August 2026 compared with a year earlier. Full schedule and background: Japan CPI. \nWhat is Japan CPI?\nThe Consumer Price Index tracks the average change in prices paid by households for a fixed basket of goods and services\, from rice and electricity to rent and rail fares. It is the country’s main measure of inflation and is compiled monthly by the Statistics Bureau of Japan\, part of the Ministry of Internal Affairs and Communications. \nThree versions of the index matter most to markets. The headline figure includes everything. “Core CPI” strips out fresh food\, which swings with weather and harvests\, to give a cleaner read on underlying price trends. A further measure\, sometimes called “core-core” CPI\, also excludes energy\, isolating price pressure that has little to do with volatile oil and gas costs. The Bank of Japan (BOJ) watches the core (ex fresh food) figure most closely when setting interest rates. \nInvestors\, currency traders and the BOJ itself use the release to judge whether inflation is settling near the central bank’s 2% target on a durable basis\, or whether it is being driven by temporary factors such as import costs or subsidy changes. Because Japan spent decades battling deflation\, sustained inflation above target is treated as a genuinely significant shift\, not routine noise. \nWhen is the August Japan CPI released?\nThe Statistics Bureau of Japan will publish the August 2026 CPI report on Friday\, September 18\, 2026\, at 8:30 am local time. The data appears on the bureau’s official website. For readers outside Japan\, that is 7:30 pm Eastern Time the previous evening (September 17) and 12:30 am in London on September 18\, so European and American markets react to the numbers overnight or first thing the next morning depending on their time zone. \nWhat is the consensus forecast?\nA consensus forecast for the August 2026 report has not yet been published. Economist surveys from Reuters and Bloomberg typically appear only in the days immediately before release. The most recent published data is for July 2026\, when the Statistics Bureau reported headline CPI at 1.9% year-on-year and core CPI (ex fresh food) at 1.8% year-on-year\, both up from June\, according to Investing.com. The core-core measure\, which excludes fresh food and energy\, rose to 1.9% year-on-year in July\, according to Trading Economics. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (August 2026)\n\n\n\n\nHeadline CPI (YoY)\n1.9%\nNot yet published\n\n\nCore CPI\, ex fresh food (YoY)\n1.8%\nNot yet published\n\n\nCore-core CPI\, ex fresh food and energy (YoY)\n1.9%\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nYen could strengthen and Japanese government bond yields could rise if traders see this as supporting further Bank of Japan rate hikes\nPrices are rising faster than expected\, adding pressure on the BOJ to keep tightening policy\, which can make borrowing costlier at home but may attract investors seeking higher Japanese yields\n\n\nIn line with prior trend\nMuted reaction\, as this would confirm the gradual pickup in inflation seen since spring\, described by Trading Economics as broadening price pressure\nInflation is behaving roughly as expected\, so the BOJ is unlikely to change its cautious\, gradual approach to rate decisions\n\n\nBelow consensus\nYen could soften if markets read this as reducing the urgency for the BOJ to raise rates further\nPrice growth is cooling\, which could ease pressure on household budgets but may also signal weaker demand in the economy\n\n\n\nThese are possible market reactions based on how similar releases have been discussed by analysts\, not predictions of what will happen in September. \nWhy does this release matter right now?\nJapanese inflation has been gradually accelerating through 2026. Core CPI eased to around 1.6% in the spring before picking up to 1.8% in July\, according to data reported by FX.co. Trading Economics attributed part of the July acceleration to higher energy\, food\, and household goods costs\, with government fuel subsidies gradually being scaled back and geopolitical tensions in the Middle East adding pressure to import costs. \nThe Bank of Japan raised its policy rate by 25 basis points (a basis point is one-hundredth of a percentage point) in June 2026 to its highest level since 1995\, according to Trading Economics\, its first hike since the previous December. Inflation remaining close to\, but still below\, the BOJ’s 2% target keeps the central bank in a delicate position: too little inflation risks a return to the deflationary pressures Japan battled for decades\, while too much risks squeezing households and businesses that have grown used to low borrowing costs. \nWhat It Means for Your Money\nMortgages and borrowing: most Japanese mortgages are variable rate\, so a BOJ that keeps raising interest rates in response to persistent inflation could gradually push up monthly repayments for homeowners in Japan. \nSavings: higher policy rates tend to filter through slowly to Japanese savings accounts\, which have offered near-zero returns for years\, so any further tightening could finally bring modestly better returns for savers. \nJobs and wages: sustained inflation increases pressure on Japanese employers to raise wages to keep pace with living costs\, a dynamic the BOJ is watching closely as a sign that inflation is becoming self-sustaining rather than temporary. \nPrices: higher CPI readings mean everyday costs\, from groceries to utility bills\, are rising faster for households in Japan\, directly affecting spending power. \nInvestments\, pensions and currencies: a firmer yen driven by BOJ rate expectations can affect returns for international investors holding Japanese assets\, while UK\, European and Asian exporters that sell into Japan or compete with Japanese firms watch the yen’s direction closely\, since a stronger yen makes Japanese exports pricier and imports into Japan cheaper. \nRelated events\n\nBank of Japan interest rate decisions\, which respond directly to CPI trends\nTokyo CPI\, a preliminary read on national inflation published roughly three weeks before the national figure\nUS and eurozone inflation releases\, which shape the broader global backdrop against which the yen and other currencies trade\n\nFrequently Asked Questions\nWhat time is the Japan CPI report released?\nThe Statistics Bureau of Japan releases the CPI at 8:30 am Japan Standard Time\, which is 7:30 pm ET the previous day and 12:30 am in London. \nHow should I read the headline versus core CPI figures?\nHeadline CPI includes all items\, while core CPI excludes fresh food (and sometimes energy too) to show the underlying inflation trend that the Bank of Japan focuses on for policy decisions. \nHow does Japan CPI affect interest rates?\nPersistently high core CPI readings increase the likelihood that the Bank of Japan will raise its policy rate further\, while weaker readings reduce that pressure. \nWhere can I find the official Japan CPI release?\nThe data is published on the Statistics Bureau of Japan’s official CPI page. \nWhen is the next Japan CPI report due?\nThe following month’s CPI report\, covering September 2026 data\, is typically published in the second half of October\, following the Statistics Bureau’s usual release pattern.
URL:https://www.financecalendar.com/event/japan-cpi-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260918T020000
DTEND;TZID=America/New_York:20260918T030000
DTSTAMP:20260826T033528Z
CREATED:20260826T033528Z
LAST-MODIFIED:20260826T033528Z
UID:2267-1789696800-1789700400@www.financecalendar.com
SUMMARY:UK Retail Sales September 2026
DESCRIPTION:Next UK Retail Sales: Friday\, September 18\, 2026 at 7:00 am BST (2:00 am ET\, 7:00 am London). Covers August 2026 data. \n\nConsensus\nNot yet published\nPrior\n-0.5% MoM\, +1.6% YoY (July 2026)\nActual\nPending\n\nFull schedule and background: UK Retail Sales. \nUpdated August 25\, 2026 \n\nThe UK Retail Sales report for August 2026 is released on September 18\, 2026 at 7:00 am BST (7:00 am London time\, 2:00 am ET) by the Office for National Statistics (ONS). The release covers retail sales volumes and values for August 2026\, the most closely watched monthly gauge of consumer spending on the high street and online. Full schedule and background: UK Retail Sales. \nWhat is UK Retail Sales?\nUK Retail Sales measures the volume and value of goods sold by retailers in Great Britain\, covering food stores\, non-food stores (such as clothing\, household goods and department stores) and non-store retailing\, which is mostly online. The ONS builds the figures from a monthly survey of around 5\,000 retailers\, adjusting for seasonal patterns and inflation to produce a “volume” measure that strips out the effect of price changes\, so it reflects how much people are actually buying rather than how much they are spending. \nMarkets watch this release closely because consumer spending accounts for roughly 60% of UK economic output. A run of weak retail figures can signal a slowing economy and add pressure on the Bank of England to consider interest rate cuts\, while stronger than expected spending can raise concerns about inflation staying sticky. \nThe headline figure is the month-on-month percentage change in sales volumes\, seasonally adjusted. Economists and journalists also watch the year-on-year change and a version of the data that excludes fuel\, since petrol price swings can distort the picture of underlying consumer demand. \nWhen is the August UK Retail Sales report released?\nThe ONS publishes the August 2026 retail sales bulletin on Friday\, September 18\, 2026 at 7:00 am London time (7:00 am BST\, 2:00 am ET). The data is published on the ONS website as part of its scheduled release calendar and is free to access at the time of release\, with no embargoed press access for the general public. \nWhat is the consensus forecast?\nA consensus forecast for the August 2026 UK retail sales report had not yet been published at the time of writing. Forecasts from economists polled by Reuters and other data providers typically appear in the days immediately before the release. \nThe most recent published figures\, for July 2026\, showed retail sales volumes fell 0.5% month-on-month\, in line with market expectations at the time\, according to data compiled by Trading Economics. This followed a downwardly revised 0.7% rise in June 2026. On an annual basis\, sales were up 1.6% in July\, the smallest annual rise in three months\, down from 3.8% in June. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (August 2026)\n\n\n\n\nRetail sales volumes\, month-on-month\n-0.5%\nNot yet published\n\n\nRetail sales volumes\, year-on-year\n+1.6%\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nSterling could firm and gilt yields may edge up if traders see it as reducing the chance of a near-term Bank of England rate cut\nConsumers spent more than expected\, which could suggest the economy is holding up better than feared\n\n\nIn line with consensus\nLimited market reaction\, as the figure would confirm the existing view of a gradually cooling consumer\nSpending is behaving broadly as economists expected\, so the picture for household finances stays much the same\n\n\nBelow consensus\nSterling could soften and traders may add to bets on a Bank of England rate cut\, according to commentary from analysts tracking UK data surprises\nHouseholds pulled back on spending\, a sign that cost-of-living pressures or weaker confidence are weighing on the high street\n\n\n\nWhy does this release matter right now?\nThe Bank of England watches retail sales as one of several signals on the health of the consumer\, alongside wage growth and inflation. According to Trading Economics\, the July 2026 decline was the first fall in sales since April\, with non-food stores and online retailers pulling back after a burst of early summer promotions and hot weather had pulled demand forward into May and June. Food store sales held up better\, supported by warm weather and World Cup-related spending. \nThis volatility around weather and one-off events like major sporting tournaments makes it harder to read the underlying trend\, which is one reason economists tend to look at the three-month or annual comparison alongside the single month-on-month figure. With UK inflation still running above the Bank of England’s 2% target\, policymakers are watching whether consumer spending cools enough to ease price pressures without tipping the economy into a sharper slowdown. \nWhat It Means for Your Money\n\nMortgages and savings rates: Weaker than expected retail sales can support the case for Bank of England interest rate cuts\, which would eventually feed through to lower mortgage rates for borrowers coming off fixed deals\, but also lower returns on savings accounts.\nJobs and wages: A sustained slowdown in consumer spending can eventually filter through to retail and hospitality employment\, since these sectors depend directly on footfall and sales volumes.\nPrices: If shoppers pull back sharply\, retailers may respond with more discounting\, which can help cool inflation over time\, benefiting anyone doing a weekly food shop or buying big-ticket items.\nInvestments and pensions: UK-focused equity funds and pension holdings with exposure to retailers and consumer goods companies can move on the day of release\, particularly shares of major supermarkets and high street chains.\nThe pound: Sterling often reacts within minutes of the release against the dollar and euro\, since currency traders use consumer data to gauge the likely path of Bank of England policy relative to the US Federal Reserve and European Central Bank.\n\nRelated events\n\nBank of England interest rate decisions\, which weigh consumer spending data heavily when setting rates\nUK Consumer Prices Index (CPI) inflation report\, published separately by the ONS\nUK labour market and wages data\, which together with retail sales gives a fuller picture of household finances\n\nFrequently Asked Questions\nWhat time is UK Retail Sales released?\nThe ONS publishes the release at 7:00 am London time (7:00 am BST)\, which is 2:00 am ET. \nWhere can I find the official release?\nThe data is published on the ONS release calendar and the main ONS retail sales statistical bulletin page. \nHow does retail sales data affect interest rates?\nThe Bank of England uses consumer spending trends\, alongside inflation and wage data\, to judge whether the economy needs looser or tighter monetary policy\, so a run of weak or strong retail figures can shift expectations for future rate decisions. \nWhat is the difference between the value and volume measures?\nThe value measure shows how much money was spent in cash terms\, while the volume measure adjusts for price changes so it reflects the actual quantity of goods bought\, which is why economists focus on the volume figure. \nWhen is the next UK Retail Sales report released?\nThe ONS publishes retail sales monthly\, typically around the third week of the following month\, so the next report covering September 2026 data is expected around mid-October 2026.
URL:https://www.financecalendar.com/event/uk-retail-sales-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260918T091500
DTEND;TZID=America/New_York:20260918T101500
DTSTAMP:20260825T105410Z
CREATED:20260825T105410Z
LAST-MODIFIED:20260825T105410Z
UID:2080-1789722900-1789726500@www.financecalendar.com
SUMMARY:US Industrial Production September 2026
DESCRIPTION:Next US Industrial Production: Friday\, September 18\, 2026 at 9:15 am ET (2:15 pm London). Covers August 2026 data. \n\nConsensus\nNot yet published\nPrior\nIP +0.2% MoM\, manufacturing +0.2% MoM\, capacity utilization 76.3% (July 2026)\nActual\nPending\n\nFull schedule and background: US Industrial Production. \nUpdated August 25\, 2026 \n\nThe US Industrial Production report for August 2026 is released on Friday\, September 18\, 2026 at 9:15 am ET (2:15 pm London) by the Federal Reserve Board\, under its G.17 statistical release. The report covers industrial output data for August 2026. Full schedule and background: US Industrial Production. \nWhat is industrial production?\nIndustrial production measures the physical output of factories\, mines and utilities across the United States. The Federal Reserve compiles the index from data on electricity used by industrial customers\, hours worked in manufacturing\, and physical unit output such as tonnes of steel\, barrels of oil and vehicles assembled. The index is set to a base of 100 in 2017\, so a reading of 103.0 means output is 3.0% higher than the 2017 average. \nThe release also publishes capacity utilization\, which shows what proportion of a factory’s\, mine’s or utility’s total sustainable output is actually being used. A rising utilization rate can signal that firms are running close to their limits\, which sometimes precedes new investment or\, if labour and materials are scarce\, upward pressure on prices. \nMarkets watch this data because it is one of the more direct\, “hard” measures of real economic activity\, in contrast to survey-based indicators such as purchasing managers’ indexes. Central banks\, including the Federal Reserve\, use it alongside employment and spending data to judge whether the economy is expanding\, stalling or overheating. \nWhen is the August 2026 industrial production report released?\nThe Federal Reserve Board publishes the G.17 release at 9:15 am ET (2:15 pm London time) on Friday\, September 18\, 2026. It is published on the Federal Reserve’s G.17 statistical release page. The Fed’s 2026 publication calendar places this release consistently in the third week of the month\, following the same monthly rhythm used throughout the year. \nWhat is the consensus forecast?\nAs of this writing\, a consensus forecast for the August 2026 release has not yet been published. Forecaster surveys such as the Action Economics Forecast Survey and Trading Economics typically firm up in the days before the release\, once more monthly indicators such as manufacturing hours and vehicle assemblies are available. \nThe most recent published reading\, for July 2026\, showed industrial production and manufacturing output each growing 0.2% on the month\, following 0.3% growth in June\, according to the Federal Reserve’s G.17 release. Capacity utilization edged up to 76.3% in July\, which the Fed noted is 3.1 percentage points below its long-run average from 1972 to 2025. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (August 2026)\n\n\n\n\nIndustrial production (MoM)\n+0.2%\nNot yet published\n\n\nManufacturing output (MoM)\n+0.2%\nNot yet published\n\n\nCapacity utilization\n76.3%\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign the factory sector is holding up\, which analysts at Capital Economics have linked in recent notes to strength in AI-related manufacturing investment\nFactories and utilities produced more than expected\, suggesting demand for goods and energy remains firm\n\n\nIn line with consensus\nLimited market reaction\, seen as confirming the existing\, gradual growth trend in the sector\nThe industrial economy is behaving broadly as expected\, neither accelerating nor slowing sharply\n\n\nBelow consensus\nCould add to concerns about softening manufacturing momentum\, a theme flagged in Trading Economics’ coverage of recent misses against forecasts\nOutput fell short of what economists expected\, which can point to weaker orders\, higher costs\, or one-off disruptions such as maintenance shutdowns\n\n\n\nThese are possibilities discussed by economists\, not predictions of the actual outcome. \nWhy does this release matter right now?\nIndustrial output growth has been uneven through 2026. Data compiled by Haver Analytics show industrial production rose at a 4.0% annualised rate in the second quarter of 2026\, after a slower 1.1% annualised pace in the first quarter. Monthly moves have swung between a 0.7% to 0.9% gain in April 2026 and a 0.3% decline in March 2026\, according to Federal Reserve releases\, reflecting choppy demand for durable goods and shifting energy and mining output. \nManufacturing\, which makes up around 78% of the total industrial production index according to Trading Economics\, has been supported this year by investment tied to artificial intelligence infrastructure and data centre buildouts\, a trend highlighted by IBISWorld and Capital Economics. At the same time\, tariffs on imported inputs and elevated oil prices have been cited as headwinds. The Federal Reserve is watching this data as part of its broader assessment of whether the economy can absorb its recent interest rate decisions without a sharp slowdown in output or jobs. \nWhat It Means for Your Money\n\nMortgages and borrowing rates: Industrial production does not move mortgage rates directly\, but a run of weak readings can add to expectations that the Federal Reserve will cut interest rates further\, which tends to pull down longer-term borrowing costs over time.\nSavings: If the data feeds into a weaker growth narrative and lower rate expectations\, savings account and fixed-deposit rates in the US\, and potentially globally as central banks watch each other\, could drift lower in the following months.\nJobs and wages: Factories\, mines and utilities employ millions of workers. A sustained fall in industrial output has historically preceded softer hiring in manufacturing-heavy regions of the US\, and by extension in supplier countries in Asia and Europe.\nPrices: Very high capacity utilization can be an early sign of price pressure\, since factories running near their limits may raise prices rather than lose orders. Conversely\, spare capacity tends to keep goods price inflation contained.\nInvestments\, pensions and currencies: Industrial shares and broader US equity indices can react to surprises in this data\, particularly manufacturing-heavy names. A weaker than expected reading can also weigh on the dollar if it strengthens expectations of Federal Reserve rate cuts\, with knock-on effects for the pound and euro exchange rates against the dollar.\n\nRecent industrial production readings\n\n\n\nMonth\nIndustrial production (MoM)\nManufacturing output (MoM)\n\n\n\n\nMarch 2026\n-0.3%\nn/a\n\n\nApril 2026\n+0.9% (revised)\n+0.7% (revised)\n\n\nMay 2026\n+0.1%\n0.0%\n\n\nJune 2026\n+0.1%\n0.0%\n\n\nJuly 2026\n+0.2%\n+0.2%\n\n\n\nSource: Federal Reserve G.17 statistical releases and Haver Analytics coverage of the underlying data. \nRelated events\n\nUS retail sales\, which is released around the same time each month and offers a demand-side complement to this supply-side measure of output.\nThe ISM Manufacturing PMI\, a survey-based indicator published earlier each month that often foreshadows the direction of industrial production.\nThe next Federal Reserve interest rate decision\, since policymakers weigh industrial output alongside employment and inflation data when setting rates.\n\nFrequently Asked Questions\nWhat time is the August 2026 industrial production report released?\nIt is released at 9:15 am ET\, which is 2:15 pm in London\, on Friday\, September 18\, 2026. \nHow should I read the industrial production index?\nFocus on the month-on-month percentage change and the capacity utilization rate\, and compare both to their recent trend rather than looking at a single month in isolation. \nDoes this report move interest rate expectations?\nIt can\, particularly if it comes in far from consensus\, because the Federal Reserve treats industrial output as one gauge of overall economic momentum when deciding on interest rates. \nWhere can I find the official release?\nThe Federal Reserve Board publishes the G.17 release on its official G.17 statistical release page. \nWhen is the next industrial production report after this one?\nThe Federal Reserve typically publishes the following month’s data in the third week of the subsequent month\, continuing its established monthly schedule.
URL:https://www.financecalendar.com/event/us-industrial-production-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260921T000000
DTEND;TZID=America/New_York:20260921T235959
DTSTAMP:20260902T132850Z
CREATED:20260902T132850Z
LAST-MODIFIED:20260902T132850Z
UID:2551-1789948800-1790035199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Respect for the Aged Day 2026? TSE/JPX Hours
DESCRIPTION:Tokyo Stock Exchange (JPX) are closed on Monday\, September 21\, 2026 for Respect for the Aged Day. \n\nNext holiday\nCitizens' Holiday (Bridge Day)\, September 22\, 2026\nRegular hours\n9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST\n\nFull schedule and background: TSE/JPX Holidays. \nUpdated September 2\, 2026 \n\nNext TSE/JPX Holidays →\nThe Tokyo Stock Exchange (JPX) is closed on Monday\, September 21\, 2026 for Respect for the Aged Day\, a national public holiday in Japan honouring elderly citizens. No cash equities\, index futures or options trade on the exchange that day. Orders placed while the market is shut simply queue and are not executed until the exchange reopens. See the full TSE/JPX holiday calendar for the rest of the year. \nBecause Respect for the Aged Day falls on the third Monday of September\, and Japan observes a rule that inserts a one-off “Citizens’ Holiday” (Bridge Day) whenever a single business day sits between two public holidays\, the JPX will also be closed the following day\, Tuesday\, September 22\, 2026. This creates a rare three-day run of closures heading into the Autumnal Equinox on September 23. \nWhich markets are closed on Respect for the Aged Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nTSE/JPX equities\nClosed\nRegular hours are normally 9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST\n\n\nJPX derivatives (futures and options)\nClosed\nIndex futures\, Nikkei 225 options and other JPX-listed derivatives do not trade\n\n\nNew York Stock Exchange and Nasdaq\nOpen (regular hours)\nThe US holiday\, Labor Day\, falls earlier in September\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nNo UK public holiday coincides with this date\n\n\nEuronext\nOpen (regular hours)\nNormal trading across Amsterdam\, Paris and other Euronext venues\n\n\n\nIs the market open the day before and after?\nThe last trading day before the closure is Friday\, September 18\, 2026\, with regular hours. The JPX then remains shut for three consecutive sessions: Monday\, September 21 (Respect for the Aged Day)\, Tuesday\, September 22 (Citizens’ Holiday\, also called Bridge Day) and Wednesday\, September 23 (Autumnal Equinox Day). Trading resumes with normal hours on Thursday\, September 24\, 2026. There is no early close scheduled around this period; the exchange is either fully open or fully closed on each date. \nWhy do markets close for Respect for the Aged Day?\nRespect for the Aged Day was established as a national holiday to honour elderly citizens and recognise their contribution to society. It was originally fixed on September 15 but moved to the third Monday of September in 2003 under Japan’s Happy Monday System\, a policy designed to create long weekends by shifting certain holidays to Mondays. \nJapan’s Citizens’ Holiday rule adds a further wrinkle: when a single working day falls between two public holidays\, that day automatically becomes a holiday too. In 2026 this converts September 22\, sandwiched between Respect for the Aged Day and the Autumnal Equinox\, into an unscheduled market closure\, extending the break to three days. \nWhat It Means for Your Money\nIf you hold Japanese shares\, ETFs or funds with Tokyo exposure through a UK\, European or US broker\, any order entered during the closure will simply wait in the queue and execute once the JPX reopens on September 24. Settlement of Japanese trades typically follows a T+2 cycle\, so a trade placed just before the holiday run could settle a few days later than usual. Dividend record dates and options expiries that would normally fall within this window are adjusted by the exchange to the nearest open trading day\, so check your broker’s notices if you hold Nikkei-linked derivatives. Domestic bank transfers and payroll processing in Japan also pause on public holidays\, which can matter if you are managing yen-denominated accounts or pensions with Japanese exposure. Cryptocurrency markets are unaffected\, since they trade continuously regardless of national holidays. \nRemaining TSE/JPX holidays in 2026\n\nCitizens’ Holiday (Bridge Day)\, September 22\, 2026\nAutumnal Equinox Day\, September 23\, 2026\nSports Day\, October 12\, 2026\nCulture Day\, November 3\, 2026\nLabor Thanksgiving Day\, November 23\, 2026\nNew Year’s Eve (Market Holiday)\, December 31\, 2026\n\nFrequently Asked Questions\nIs the stock market open on Respect for the Aged Day 2026?\nNo\, the Tokyo Stock Exchange is closed on Monday\, September 21\, 2026\, along with all JPX-listed derivatives markets. \nIs the market also closed the day after?\nYes\, September 22\, 2026 is a Citizens’ Holiday (Bridge Day)\, and September 23 is the Autumnal Equinox Day\, so the JPX is closed for three consecutive sessions. \nWhat time does the Tokyo Stock Exchange normally close?\nOn a regular trading day the JPX operates from 9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST\, split into a morning and afternoon session. \nWhen is the next TSE/JPX market holiday after this one?\nThe next closure is the Citizens’ Holiday (Bridge Day) on September 22\, 2026\, immediately followed by the Autumnal Equinox Day on September 23\, 2026. \nAre Japanese banks open on Respect for the Aged Day?\nNo\, Japanese banks observe the same national public holiday and are closed\, along with most government offices. \nNext TSE/JPX Holidays →
URL:https://www.financecalendar.com/event/tse-jpx-respect-for-the-aged-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260922T000000
DTEND;TZID=America/New_York:20260922T235959
DTSTAMP:20260902T124440Z
CREATED:20260902T124439Z
LAST-MODIFIED:20260902T124440Z
UID:2524-1790035200-1790121599@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Citizens' Holiday (Bridge Day) 2026? TSE/JPX Hours
DESCRIPTION:Tokyo Stock Exchange (JPX) are closed on Tuesday\, September 22\, 2026 for Citizens' Holiday (Bridge Day). \n\nNext holiday\nAutumnal Equinox Day\, September 23\, 2026\nRegular hours\n9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST\n\nFull schedule and background: TSE/JPX Holidays. \nUpdated September 2\, 2026 \n\nThe Tokyo Stock Exchange (JPX) is closed on Tuesday\, September 22\, 2026 for a Citizens’ Holiday\, sometimes called a Bridge Day. This is not a fixed annual holiday. It exists only because September 22 falls between two other public holidays\, Respect for the Aged Day on Monday\, September 21 and Autumnal Equinox Day on Wednesday\, September 23. Under Japanese law\, a weekday sandwiched between two national holidays automatically becomes a holiday itself\, so trading\, clearing and settlement on the JPX are suspended for the day. Orders placed on September 22 will queue for the next session\, and investors watching Japanese equities should expect no fresh cash-market pricing until trading resumes. For the full year of closures\, see the TSE/JPX holiday calendar. \nWhich markets are closed on Citizens’ Holiday (Bridge Day) 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nTokyo Stock Exchange (equities)\nClosed\nCash equities\, ETFs and REITs do not trade\n\n\nOsaka Exchange (JPX derivatives)\nClosed\nNikkei 225 and other futures and options do not trade\n\n\nNew York Stock Exchange and Nasdaq\nOpen (regular hours)\nUS markets follow their own holiday schedule\n\n\nLondon Stock Exchange\nOpen (regular hours)\nNo UK holiday on this date\n\n\nEuronext\nOpen (regular hours)\nNo eurozone holiday on this date\n\n\nHong Kong Stock Exchange\nOpen (regular hours)\nCheck separately for any local observance\n\n\n\nBecause the closure is specific to Japan\, global investors holding Japanese equities\, Japan-focused ETFs or yen-denominated assets will see no price updates from Tokyo that day\, while positions listed in London\, New York or elsewhere continue to trade normally. \nIs the market open the day before and after?\nThe trading day before the Bridge Day\, Friday\, September 18\, 2026\, is a normal full session\, since Monday\, September 21 (Respect for the Aged Day) is itself a separate closure. The JPX is then shut for three consecutive weekdays: September 21 (Respect for the Aged Day)\, September 22 (Citizens’ Holiday) and September 23 (Autumnal Equinox Day). Regular trading resumes on Thursday\, September 24\, 2026\, with normal hours of 9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST. There is no early close scheduled around this period; the JPX does not typically use shortened trading sessions the way some other exchanges do. \nWhy do markets close for Citizens’ Holiday (Bridge Day)?\nJapan’s Public Holidays Law states that if a weekday falls between two national holidays\, it becomes a holiday too\, a rule designed to give workers a continuous break rather than a single isolated day off in the middle of a working week. This provision has produced Bridge Days in various years whenever the calendar lines up this way\, and September is the month most likely to produce one because Respect for the Aged Day and Autumnal Equinox Day often sit close together. The JPX\, along with banks and most Japanese businesses\, follows the national holiday calendar\, so the exchange closes automatically whenever this rule is triggered. \nWhat It Means for Your Money\nIf you hold Japanese shares\, an ETF tracking the Nikkei 225 or TOPIX\, or a fund with meaningful Japan exposure\, any order entered during the closure simply waits and executes at the next available price when trading reopens on September 24. Settlement of trades already executed before the holiday will be delayed by the closed days\, since Japan settles most equity trades on a T+2 basis and non-trading days do not count. Dividend payment dates and options expiry falling near this period may shift slightly to account for the closure\, so check the specific security’s calendar if timing matters. Bank transfers in yen may also be slower\, since Japanese banks generally close alongside the market for national holidays. None of this affects cryptocurrency markets\, which trade 24 hours a day regardless of any exchange holiday. \nRemaining TSE/JPX holidays in 2026\n\nAutumnal Equinox Day\, Wednesday\, September 23\, 2026 (closed)\nSports Day\, Monday\, October 12\, 2026 (closed)\nCulture Day\, Tuesday\, November 3\, 2026 (closed)\nLabor Thanksgiving Day\, Monday\, November 23\, 2026 (closed)\nNew Year’s Eve\, Thursday\, December 31\, 2026 (closed)\n\nFrequently Asked Questions\nIs the stock market open on September 22\, 2026 in Japan?\nNo. The Tokyo Stock Exchange and the Osaka Exchange are both closed for the Citizens’ Holiday (Bridge Day)\, a statutory holiday created because the date falls between two other national holidays. \nAre US and European markets affected by this Japanese holiday?\nNo. The New York Stock Exchange\, Nasdaq\, London Stock Exchange and Euronext all follow their own separate holiday calendars and trade normally on September 22\, 2026. \nIs the Japanese bond market open that day?\nJapanese government bond trading and most domestic banking activity also pause for national holidays\, so banks and bond settlement in Japan are affected alongside the equity market. \nWhen does the JPX reopen after this holiday?\nTrading resumes on Thursday\, September 24\, 2026\, since September 21 to 23 form three consecutive non-trading days. \nWhen is the next TSE/JPX holiday after this one?\nThe next closure is Autumnal Equinox Day on Wednesday\, September 23\, 2026\, the very day immediately following the Bridge Day.
URL:https://www.financecalendar.com/event/tse-jpx-citizens-holiday-bridge-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260923T000000
DTEND;TZID=America/New_York:20260923T235959
DTSTAMP:20260902T124600Z
CREATED:20260902T124600Z
LAST-MODIFIED:20260902T124600Z
UID:2526-1790121600-1790207999@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Autumnal Equinox Day 2026? TSE/JPX Hours
DESCRIPTION:Tokyo Stock Exchange (JPX) are closed on Wednesday\, September 23\, 2026 for Autumnal Equinox Day. \n\nNext holiday\nSports Day\, October 12\, 2026\nRegular hours\n9:00 am to 11:30 am and 12:30 pm to 3:30 pm JST\n\nFull schedule and background: TSE/JPX Holidays. \nUpdated September 2\, 2026 \n\nThe Tokyo Stock Exchange (JPX) is closed on Wednesday\, September 23\, 2026 for Autumnal Equinox Day\, a Japanese national holiday marking the September equinox. No cash equity trading takes place on the TSE that day\, and orders entered on the holiday will simply queue for the next open session. Full schedule and background: TSE/JPX Holidays. \nThis closure sits inside an unusually quiet stretch for Tokyo. Respect for the Aged Day fell on Monday\, September 21\, 2026\, and a “bridge holiday” (a working day sandwiched between two public holidays that is also given as a rest day under Japanese law) followed on Tuesday\, September 22. Combined with the Wednesday equinox holiday\, Tokyo has three consecutive non-trading days before the market reopens. \nWhich markets are closed on Autumnal Equinox Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nTokyo Stock Exchange (cash equities)\nClosed\nNational holiday under Japan’s Act on National Holidays\n\n\nOsaka Exchange (OSE) derivatives\, regular session\nClosed\nStandard trading halted for the holiday\n\n\nOSE/TOCOM holiday trading (Nikkei 225 futures\, commodity futures)\nOpen (holiday trading session)\nJPX runs a limited holiday derivatives session on eligible non-business days\, according to the Japan Exchange Group\n\n\nNew York Stock Exchange and Nasdaq\nOpen (regular hours)\nNot a US holiday\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nNot a UK holiday\n\n\nEuronext\nOpen (regular hours)\nNot observed in continental Europe\n\n\nUS Treasury and SIFMA bond market\nOpen (regular hours)\nNo US holiday recommendation applies\n\n\n\nIs the market open the day before and after?\nThe last trading day before the closure is Friday\, September 18\, 2026\, since the weekend\, Respect for the Aged Day and the bridge holiday remove September 19 to 22 from the calendar. Trading resumes on Thursday\, September 24\, 2026 at the normal opening time. The TSE does not use early closes: every listed holiday is a full-day closure\, and September 23 is no exception. Regular hours on trading days are 9:00 am to 11:30 am and 12:30 pm to 3:30 pm Japan Standard Time (JST)\, which is a lunch break built into the Tokyo session. \nWhy do markets close for Autumnal Equinox Day?\nAutumnal Equinox Day (Shūbun no Hi) has been a public holiday in Japan since 1948 and marks the point when day and night are roughly equal length. It grew out of an earlier imperial ancestral rite and is now a secular holiday when many people visit family graves and shrines. Because the exact date depends on astronomical calculations\, the government does not officially confirm it until the February before\, though the date is predictable years in advance. \nJapanese exchanges close for all national holidays rather than running with reduced staff\, unlike the partial “early close” convention used in the United States around some holidays. \nWhat It Means for Your Money\nIf you hold Japanese shares\, ETFs tracking the Nikkei 225 or TOPIX\, or yen-denominated assets through a broker\, any order placed on September 23 will simply sit until the market reopens on September 24; nothing executes overnight. Settlement of trades already made before the holiday follows Japan’s standard T+2 cycle (trade date plus two business days)\, so the closure can push settlement dates back slightly. Dividend record dates and options expiry tied to the TSE calendar are adjusted around holidays by the exchange\, so check the specific instrument if timing matters. Currency markets\, including USD/JPY\, keep trading through the Tokyo holiday via other financial centres\, though liquidity in the yen can thin noticeably during Japanese public holidays. Cryptocurrency markets are unaffected\, since they trade continuously\, 24 hours a day\, seven days a week. UK and European investors with Japan exposure through funds will simply see no new Tokyo pricing that day\, and the fund’s net asset value calculation may use the prior close. \nRemaining TSE/JPX holidays in 2026\n\nSports Day\, October 12\, 2026 (closed)\nCulture Day\, November 3\, 2026 (closed)\nLabor Thanksgiving Day\, November 23\, 2026 (closed)\nNew Year’s Eve (Market Holiday)\, December 31\, 2026 (closed)\n\nFrequently Asked Questions\nIs the stock market open on Autumnal Equinox Day 2026?\nNo. The Tokyo Stock Exchange is closed on Wednesday\, September 23\, 2026 for the national holiday. \nIs the bond market open in Japan on this day?\nJapanese government bond cash trading follows the exchange holiday schedule and is closed\, though this does not affect the separately operated US Treasury or SIFMA bond markets\, which trade as normal since it is not a US holiday. \nWhat time does the Tokyo market normally close?\nOn regular trading days the TSE closes at 3:30 pm Japan Standard Time\, with a lunch break from 11:30 am to 12:30 pm. \nWhen is the next TSE/JPX market holiday after this one?\nThe next scheduled closure is Sports Day on October 12\, 2026. \nAre Japanese banks open on Autumnal Equinox Day?\nNo. Japanese banks follow the same national holiday calendar as the stock exchange and are closed on September 23\, 2026.
URL:https://www.financecalendar.com/event/tse-jpx-autumnal-equinox-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260923T213000
DTEND;TZID=America/New_York:20260923T223000
DTSTAMP:20260825T130920Z
CREATED:20260825T130920Z
LAST-MODIFIED:20260825T130920Z
UID:2171-1790199000-1790202600@www.financecalendar.com
SUMMARY:Australia Labour Force September 2026
DESCRIPTION:Next Australia Labour Force: Thursday\, September 24\, 2026 at 11:30 am AEST (9:30 pm ET\, 2:30 am London). \n\nConsensus\nNot yet published\nPrior\n4.5% unemployment\, -15\,800 employment change (July 2026)\nActual\nPending\n\nFull schedule and background: Australia Labour Force. \nUpdated August 25\, 2026 \n\nThe Australian Bureau of Statistics (ABS) publishes the Labour Force\, Australia report for September 2026 on Thursday\, September 24\, 2026 at 11:30 am AEST\, which is 9:30 pm ET the previous day and 2:30 am London time. The release covers labour market conditions for August 2026\, including employment\, unemployment and participation. Full background and the release schedule are on the Australia Labour Force hub page. \nWhat is the Australia Labour Force report?\nThe Labour Force survey is Australia’s main monthly measure of jobs\, unemployment and participation in the workforce. The ABS surveys around 26\,000 households and asks whether people worked\, looked for work\, or were unavailable during a fixed reference week. From these responses it builds the headline figures markets watch most closely: the unemployment rate (the share of the labour force without a job but actively looking)\, the employment change (the net number of jobs added or lost)\, and the participation rate (the share of the working-age population either employed or seeking work). \nEconomists and the Reserve Bank of Australia (RBA) track this data closely because it is one of the timeliest signals of how the economy is performing. A tightening labour market\, with a falling unemployment rate and rising wages pressure\, can keep the RBA cautious about cutting interest rates. A weakening labour market\, with rising unemployment and slowing job creation\, can support the case for rate cuts. The report also matters beyond Australia: it feeds into how global investors price the Australian dollar and Asia-Pacific growth expectations\, and it is watched in London and New York trading sessions as an early read on how tight the region’s labour markets remain. \nBecause the survey samples a rotating panel of households\, month-to-month figures can be volatile. The ABS also publishes trend estimates\, which smooth out this variability and are generally seen as a better guide to the underlying direction of the labour market than any single month’s seasonally adjusted number. \nWhen is the September Labour Force report released?\nThe ABS is scheduled to release the Labour Force\, Australia report covering August 2026 data on Thursday\, September 24\, 2026 at 11:30 am AEST (9:30 pm ET\, 2:30 am London time). The report is published on the ABS website under Statistics\, Labour\, Employment and Unemployment. The ABS typically releases this survey in the third or fourth week of the month following the reference period\, though readers should always confirm the exact date on the ABS release calendar closer to the time. \nWhat is the consensus forecast?\nAs of now\, a consensus forecast for the August 2026 Labour Force report has not yet been published. Economist surveys for Australian labour data\, typically compiled by Reuters and Bloomberg\, are usually released only in the days immediately before the report. Readers should check back nearer September 24\, 2026 for updated forecasts. \nThe most recent published reading is for July 2026. In that release\, the ABS reported that employment decreased by 15\,800 people to 14\,807\,200 in seasonally adjusted terms\, while the unemployment rate stood at 4.5%\, according to the ABS Labour Force\, Australia\, July 2026 release. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (August 2026)\n\n\n\n\nUnemployment rate\n4.5%\nNot yet published\n\n\nEmployment change\n-15\,800 people\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus (stronger jobs\, lower unemployment)\nMarkets may pare back expectations of RBA interest rate cuts\, and the Australian dollar could firm\, according to analysts who track RBA rate pricing through swap markets\nA tighter jobs market could keep borrowing costs higher for longer\, though it also signals more people are finding work\n\n\nIn line with consensus\nLimited market reaction\, with attention shifting to wage and inflation data ahead of the next RBA meeting\nThe labour market is behaving broadly as expected\, so little changes for borrowers or savers immediately\n\n\nBelow consensus (weaker jobs\, higher unemployment)\nMarkets may increase bets on RBA rate cuts\, and the Australian dollar could soften\nA cooling jobs market often points to slower wage growth and can eventually feed through to lower borrowing costs\n\n\n\nThese are possibilities discussed by market commentators\, not predictions of how the data or markets will actually move. \nWhy does this release matter right now?\nThe RBA has spent recent quarters weighing a labour market that has cooled gradually from the multi-decade lows in unemployment reached in 2022 and 2023. Through the first half of 2026\, the unemployment rate has hovered in a narrow band between 4.3% and 4.5%\, based on ABS releases from March to July 2026\, suggesting a labour market that is softening only gradually rather than sharply. \nThe RBA uses labour market slack\, alongside inflation\, as a key input into its interest rate decisions. A jobs market that stays resilient gives the central bank more room to hold rates\, while a faster deterioration would add to the case for further cuts. Because Australia is a major commodity exporter and a bellwether for the broader Asia-Pacific region\, shifts in its labour market and interest rate outlook can also influence sentiment toward regional currencies and equity markets in Asia\, and are monitored by trading desks in London and New York as part of the overnight session. \nRecent Labour Force readings\n\n\n\nMonth\nUnemployment rate (seasonally adjusted)\n\n\n\n\nMarch 2026\n4.3%\n\n\nApril 2026\n4.5%\n\n\nMay 2026\n4.4%\n\n\nJune 2026\n4.4%\n\n\nJuly 2026\n4.5%\n\n\n\nSource: ABS Labour Force\, Australia releases. \nWhat It Means for Your Money\nMortgages and interest rates: A weaker labour market report can raise expectations that the RBA will cut its cash rate\, which can eventually lower variable mortgage rates for Australian homeowners. A stronger report can do the opposite\, keeping mortgage costs higher for longer. \nSavings: Interest rates on savings accounts and term deposits tend to move in the same direction as RBA policy\, so a softer jobs market that raises rate cut expectations could eventually mean lower returns for savers\, while a resilient labour market could support higher rates for longer. \nJobs and wages: The report is a direct read on how easy or hard it is to find work in Australia. Rising unemployment can mean slower wage growth and more competition for jobs\, while falling unemployment often supports faster pay rises. \nInvestments and pensions: Australian shares and superannuation funds with exposure to domestic banks and consumer-facing companies can react to shifts in rate expectations triggered by labour data. Global investors\, including those in Europe and Asia holding Australian assets\, watch this data as a guide to growth momentum. \nCurrencies: The Australian dollar tends to be sensitive to labour market surprises because they shift expectations for RBA policy. A weaker than expected report can pressure the currency lower against the US dollar\, pound and euro\, while a stronger report can support it. \nRelated events\n\nReserve Bank of Australia interest rate decisions\, which weigh labour market conditions alongside inflation\nAustralian Wage Price Index releases\, which track wage growth alongside employment trends\nFull release schedule and background: Australia Labour Force hub page\n\nFrequently Asked Questions\nWhat time is the Australia Labour Force report released?\nThe ABS releases the report at 11:30 am AEST\, which is 9:30 pm ET and 2:30 am London time. \nHow do I read the unemployment rate figure?\nA lower unemployment rate generally signals a tighter labour market\, while a rising rate signals more people are out of work and looking for jobs. \nHow does this report affect interest rates?\nThe RBA considers labour market strength when setting its cash rate\, so a materially stronger or weaker than expected report can shift market expectations for future rate moves. \nWhere can I find the official release?\nThe ABS publishes the full report\, including data tables\, on its Labour Force\, Australia page. \nWhen is the next Labour Force report after this one?\nThe ABS publishes Labour Force data monthly\, so the following report\, covering September 2026 data\, is expected roughly four weeks later. Check the ABS release calendar for the confirmed date.
URL:https://www.financecalendar.com/event/australia-labour-force-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260924T043000
DTEND;TZID=America/New_York:20260924T053000
DTSTAMP:20260826T033907Z
CREATED:20260826T033907Z
LAST-MODIFIED:20260826T033907Z
UID:2269-1790224200-1790227800@www.financecalendar.com
SUMMARY:Germany Ifo Business Climate September 2026
DESCRIPTION:Next Germany Ifo Business Climate: Thursday\, September 24\, 2026 at 10:30 am CEST (4:30 am ET\, 9:30 am London). \n\nConsensus\nNot yet published\nPrior\n86.6 (July 2026)\nActual\nPending\n\nFull schedule and background: Germany Ifo Business Climate. \nUpdated August 25\, 2026 \n\nThe Germany Ifo Business Climate index for September 2026 is released on Thursday\, September 24\, 2026 at 4:30 am ET (9:30 am London\, 10:30 am CEST) by the Ifo Institute in Munich. The survey covers business sentiment among roughly 9\,000 German firms in manufacturing\, construction\, wholesale\, retail and services\, gathered during the current month. Full schedule and background: Germany Ifo Business Climate. \nWhat is the Ifo Business Climate index?\nThe Ifo Business Climate index is a monthly survey-based gauge of how German companies view their current situation and their expectations for the next six months. Firms are asked to rate their present business conditions as good\, satisfactory or poor\, and to say whether they expect conditions to improve\, stay the same or worsen. The Ifo Institute converts these answers into balances\, which are then combined into three headline series: the overall Business Climate index\, a Current Situation sub-index and an Expectations sub-index. \nBecause Germany is the largest economy in the euro area\, the Ifo index is watched closely as an early signal for the wider eurozone economy\, not just for Germany itself. Since it is a survey of sentiment rather than a measure of actual output\, it tends to move ahead of hard data such as industrial production or GDP\, which is one reason investors\, the European Central Bank and analysts treat it as a leading indicator. \nThe index is set against a base value of 100\, calibrated to the average business climate of the year 2015. Readings above 100 broadly indicate that sentiment sits above its long-run average\, while readings below 100 suggest sentiment is weaker than typical. Movements from one month to the next\, and the direction of the current situation versus expectations components\, tend to matter more to markets than the absolute level. \nWhen is the September Ifo Business Climate index released?\nThe Ifo Institute is scheduled to publish the September 2026 reading on Thursday\, September 24\, 2026 at 10:30 am CEST (4:30 am ET\, 9:30 am London time). The release is published directly on the Ifo Institute website\, alongside the Current Situation and Expectations sub-indices and a short commentary from Ifo economists. This date follows the institute’s regular monthly publication pattern\, which typically falls in the fourth week of each month. \nWhat is the consensus forecast?\nAs of this writing\, a consensus forecast for the September 2026 reading has not yet been published; economist estimates typically firm up in the days immediately before release as banks and data providers circulate their projections. The most recent confirmed reading is from July 2026\, when the index stood at 86.6 points\, up from 85.7 points in June 2026\, according to the Ifo Institute. Ifo Institute data also show sentiment strengthened further into August 2026\, with reporting from IMEN Economics and InvestingLive pointing to a jump in the headline index that beat the level economists had pencilled in. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nBusiness Climate index\n86.6 (July 2026)\nNot yet published\n\n\nCurrent Situation\nImproved alongside headline in July 2026\nNot yet published\n\n\nExpectations\nDrove the July 2026 improvement\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign German business confidence is strengthening faster than expected\, which could support the euro and European equities\nFirms feel more upbeat about current trading and the months ahead\, which can eventually translate into more hiring and investment\n\n\nIn line with consensus\nLikely to have a limited market reaction\, since the print would confirm the existing trend rather than surprise it\nThe economy is behaving broadly as expected\, so little changes for borrowers\, savers or investors\n\n\nBelow consensus\nCould be read as a warning sign for the wider eurozone growth outlook\, weighing on risk sentiment and the euro\nGerman companies are more cautious than analysts thought\, which can be an early hint of slower growth ahead\n\n\n\nThese are possibilities based on how markets have typically reacted to Ifo surprises in the past\, not predictions of what will happen on September 24\, 2026. \nWhy does this release matter right now?\nGermany’s economy has been closely watched through 2026 as businesses navigate energy costs\, weak export demand from China and the broader question of whether European Central Bank policy is loose enough to support a recovery. The Ifo Institute’s July 2026 data showed sentiment climbing for a second straight month\, with the improvement concentrated in expectations rather than current conditions\, according to the institute’s own commentary on the ifo Business Climate Index page. Reporting on the August 2026 reading described a jump that beat what economists had forecast\, with both the current conditions and expectations components moving higher\, based on coverage from InvestingLive. \nThat run of stronger prints matters because Germany’s industrial base\, particularly manufacturing and autos\, has struggled with weaker global trade and higher input costs in recent years. A steady improvement in the Ifo index would support the view that Germany is climbing out of a prolonged soft patch\, while a stall or reversal in September would raise fresh questions about the durability of that recovery. Policymakers at the ECB use survey indicators like this one\, alongside hard data\, to judge whether the eurozone economy needs continued support or whether growth is becoming self-sustaining. \nWhat It Means for Your Money\n\nMortgages and borrowing costs: A stronger-than-expected Ifo reading can nudge European bond yields higher if it feeds into expectations that the ECB will hold interest rates steady for longer\, which can filter through to mortgage pricing across the eurozone and\, to a lesser extent\, in the UK through cross-border rate correlations.\nSavings: If the data changes expectations for ECB policy\, it can shift returns on euro-denominated savings accounts and money market funds\, though the effect on any single Ifo release is usually modest compared with inflation or ECB meeting outcomes.\nJobs and wages: Business sentiment surveys tend to lead hiring intentions. A sustained pickup in the Ifo index has historically preceded firmer German labour demand\, which matters for workers and companies trading with Germany across the EU.\nPrices: Rising business confidence can eventually translate into firmer pricing power for companies\, a factor the ECB weighs when assessing underlying inflation pressure in the eurozone.\nInvestments\, pensions and currencies: European equities\, particularly German exporters\, and the euro itself can move on Ifo surprises\, since the index is treated as a proxy for the health of the continent’s largest economy. Investors holding European equity funds or pension exposure to the eurozone\, as well as anyone converting pounds or dollars into euros\, may see short-term currency swings around the release.\n\nRelated events\n\nGermany Ifo Business Climate index\, previous months (July and August 2026 readings)\nECB monetary policy decisions and press conferences\nEurozone flash PMI releases\, which are published shortly before the Ifo survey each month\n\nFrequently Asked Questions\nWhat time is the September Ifo Business Climate index released?\nThe Ifo Institute publishes the index at 10:30 am CEST on September 24\, 2026\, which is 4:30 am ET and 9:30 am London time. \nHow should I read the Ifo Business Climate index?\nFocus on the direction of change from the prior month and whether the Current Situation and Expectations sub-indices are moving together or diverging\, rather than the absolute index level alone. \nDoes the Ifo index affect ECB interest rate decisions?\nThe ECB monitors business surveys like the Ifo index as one input among many\, including inflation and labour market data\, when setting monetary policy for the eurozone. \nWhere can I find the official Ifo release?\nThe Ifo Institute publishes the data directly on its ifo Business Climate Index page. \nWhen is the next Ifo Business Climate index released?\nBased on the Ifo Institute’s published schedule\, the following release is due on October 26\, 2026.
URL:https://www.financecalendar.com/event/germany-ifo-business-climate-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260924T083000
DTEND;TZID=America/New_York:20260924T093000
DTSTAMP:20260825T105959Z
CREATED:20260825T105959Z
LAST-MODIFIED:20260825T105959Z
UID:2084-1790238600-1790242200@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: September 24\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Thursday\, September 24\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\n206\,000 (week ended August 15\, 2026)\nActual\nPending\n\nFull schedule and background: US Initial Jobless Claims. \nUpdated August 25\, 2026 \n\n← Previous US Initial Jobless Claims\nThe Initial Jobless Claims report for the week ending September 19\, 2026 is released on Thursday\, September 24\, 2026 at 8:30 am ET (1:30 pm London). The figures come from the US Department of Labor’s Employment and Training Administration and count the number of people filing for unemployment benefits for the first time in a given week. It is the most frequent labour-market data the government publishes\, and it lands every Thursday regardless of what else is happening in markets. For the full release schedule and background on this series\, see US Initial Jobless Claims. \nWhat is the consensus forecast?\nA consensus forecast for this specific week has not yet been published. Weekly jobless claims consensus figures from economists surveyed by outlets such as Reuters and Bloomberg are typically only released a day or two before the report\, so this page will be updated once that number is available. \nThe most recent published data\, for the week ending August 15\, 2026\, showed initial claims falling to 206\,000 from a revised 212\,000 the previous week\, according to the US Department of Labor. That reading was better than the 210\,000 economists had pencilled in\, according to Trading Economics. Continuing claims\, which count people still receiving benefits after their first week\, stood at 1\,799\,000 for the week ending August 8\, 2026\, up 18\,000 on the week. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nInitial claims\n206\,000 (week ended August 15\, 2026)\nNot yet published\n\n\nContinuing claims\n1\,799\,000 (week ended August 8\, 2026)\nNot yet published\n\n\n4-week moving average\n204\,000\n—\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nAbove consensus\nBond yields could fall\, dollar could soften\, stocks may wobble on growth worries\nMore people are losing jobs or struggling to find new ones than expected\, a sign the labour market is cooling faster than thought\n\n\nIn line with consensus\nMuted reaction\, markets stay focused on other data\nThe labour market is behaving roughly as expected\, no fresh signal for the Federal Reserve either way\n\n\nBelow consensus\nYields could rise\, dollar could firm\, doubts creep in about further rate cuts\nFewer people are filing for benefits than expected\, suggesting the jobs market remains sturdier than feared\n\n\n\nWhy it matters this week\nInitial claims have stayed historically low through the summer of 2026\, hovering in the 190\,000 to 210\,000 range even as other data\, including monthly payrolls\, has shown signs of a slowing labour market. The Federal Reserve has been watching this weekly series closely because it is timelier than the monthly jobs report\, and any sustained rise above 220\,000 to 230\,000 would likely be read as a signal that layoffs are accelerating rather than just hiring slowing down. Continuing claims near 1.8 million\, still elevated compared with the lows seen a few years ago\, point to people taking longer to find new roles once they are let go\, a basic mismatch between job losses and rehiring that policymakers weigh when deciding on interest rates. \nBecause this data feeds directly into the debate over how much further the Fed might cut its benchmark interest rate\, a run of weak reports can shift expectations for future Federal Reserve meetings\, which in turn moves everything from mortgage pricing to the value of the dollar against the pound and the euro. \nWhat It Means for Your Money\nIf jobless claims rise sharply and stay high\, it is often read as a sign the economy is slowing\, which can push the Federal Reserve toward further interest rate cuts. Lower rates over time tend to feed through to cheaper mortgages and other borrowing\, though not always immediately\, while savers may see interest rates on cash accounts drift lower too. \nA weaker labour market also matters directly if you or someone in your household is job hunting or worried about redundancy\, since rising claims usually show up first in the industries or regions where layoffs are concentrated. For pensions and investments\, sharp swings in this data can move stock markets in the short term\, though a single week’s figure rarely changes the bigger picture on its own. \nFor anyone holding dollars\, pounds or euros\, a weaker-than-expected reading tends to soften the dollar a touch against both\, while a stronger reading can do the opposite\, though the effect from a single weekly report is usually modest compared with monthly jobs data or Fed meetings. \nFrequently Asked Questions\nWhat time is the jobless claims report released?\nThe report is released at 8:30 am ET\, which is 1:30 pm in London\, every Thursday including September 24\, 2026. \nWhat counts as a big miss from consensus?\nEconomists generally treat a move of more than 15\,000 to 20\,000 above or below the consensus forecast as notable\, since weekly claims can be volatile due to seasonal adjustment quirks and one-off state-level reporting issues. \nWhen is the next jobless claims report?\nThe next weekly release follows on Thursday\, October 1\, 2026\, covering the week ending September 26\, 2026. \n\n\n \n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-september-24-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260924T100000
DTEND;TZID=America/New_York:20260924T110000
DTSTAMP:20260825T110930Z
CREATED:20260825T110930Z
LAST-MODIFIED:20260825T110930Z
UID:2088-1790244000-1790247600@www.financecalendar.com
SUMMARY:US New Home Sales September 2026
DESCRIPTION:Next US New Home Sales: Thursday\, September 24\, 2026 at 10:00 am ET (3:00 pm London). Covers August 2026 data. \n\nConsensus\nA consensus forecast has not yet been published for the August 2026 reading\nPrior\nJuly 2026 data (SAAR)\, released August 25\, 2026; exact figure not yet independently confirmed by publisher\nActual\nPending\n\nFull schedule and background: US New Home Sales. \nUpdated August 25\, 2026 \n\n← Previous US New Home Sales\nThe US New Home Sales report for August 2026 is released on Thursday\, September 24\, 2026 at 10:00 am ET (3:00 pm London time) by the US Census Bureau\, working jointly with the Department of Housing and Urban Development (HUD). The release\, formally titled Monthly New Residential Sales\, covers sales of newly built single-family homes during August 2026. Full schedule and background: US New Home Sales. \nWhat is New Home Sales?\nNew Home Sales measures the number of newly constructed single-family houses sold during the month\, expressed as a seasonally adjusted annual rate (SAAR). A sale is counted at the point a deposit is accepted or a contract is signed\, not when the house is completed or the buyer moves in\, so the figure captures buyer demand earlier than data based on closings. \nThe Census Bureau collects the underlying survey data from homebuilders and combines it with building permit and completion records. Because the sample of newly built homes is relatively small compared with the resale market\, the monthly change carries a wide margin of error\, and single-month swings of 10% or more are common even when the underlying trend is stable. \nMarkets watch the release because new construction feeds directly into GDP through residential investment\, and because homebuilder behaviour is highly sensitive to mortgage rates. A pickup in New Home Sales alongside rising builder confidence often signals that lower or stabilising borrowing costs are starting to work through the economy\, while a slump can flag stress in housing affordability before it shows up in broader growth figures. \nWhen is the August New Home Sales report released?\nThe August 2026 report is scheduled for release on Thursday\, September 24\, 2026 at 10:00 am ET (3:00 pm in London)\, published by the US Census Bureau and HUD on the Census Bureau’s New Residential Sales page. The Census Bureau typically confirms each release date a month in advance in the prior month’s report\, and this date has not been flagged as provisional. \nWhat is the consensus forecast?\nAs this page is being prepared well ahead of the release\, a consensus forecast from a Reuters or Bloomberg economist poll has not yet been published. Consensus estimates for New Home Sales typically appear in the days immediately before the release\, once forecasters have seen related indicators such as mortgage applications\, builder sentiment surveys and pending home sales for the same month. The most recently confirmed print in the series comes from the report covering July 2026 data\, published on August 25\, 2026\, which is the “prior” reading against which the August figure will be compared. \n\n\n\nMeasure\nPrior (July 2026 data)\nConsensus (August 2026 data)\n\n\n\n\nNew Home Sales (SAAR)\nSee August 25\, 2026 Census Bureau release\nNot yet published\n\n\nMedian Sales Price\nSee August 25\, 2026 Census Bureau release\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign of resilient housing demand\, which could support the view that the labour market and consumer spending remain firm; economists such as those at the National Association of Home Builders (NAHB) often link stronger sales to improved builder confidence readings\nMore people are agreeing deals to buy newly built homes than expected\, which can support construction jobs and materials demand\n\n\nIn line\nLimited market reaction\, since traders and the Federal Reserve are more focused on inflation and jobs data for setting interest rate policy\nThe housing market is behaving roughly as expected\, with no fresh signal for mortgage rates or the wider economy\n\n\nBelow consensus\nCould be read as evidence that high mortgage rates and stretched affordability are still weighing on buyers\, a theme regularly highlighted in NAHB and Mortgage Bankers Association commentary\nFewer new homes are being sold than expected\, which can eventually feed through to slower construction activity and softer materials and furnishings demand\n\n\n\nThese are possible interpretations\, not predictions. The actual market reaction depends heavily on what other data is released the same week\, particularly on inflation\, employment and Federal Reserve commentary. \nWhy does this release matter right now?\nNew Home Sales sits alongside Existing Home Sales\, Housing Starts and Building Permits as one of the housing indicators the Federal Reserve monitors when assessing how its interest rate stance is affecting the wider economy. Housing is one of the most rate-sensitive parts of the US economy because most new-build purchases depend on a mortgage\, so changes in the average 30-year fixed mortgage rate tend to show up in new home sales figures faster than in most other spending categories. \nThe National Association of Realtors reported that existing-home sales fell in July 2026\, with NAR chief economist Lawrence Yun describing home sales as having been “remarkably stable” despite elevated mortgage rates in recent months. Builders have continued authorising new construction\, with single-family permits running above year-ago levels according to the Census Bureau’s New Residential Construction release for July 2026\, even as housing starts fell back from June. Whether new home buyers are following that permitting activity through to signed contracts is exactly what the August New Home Sales figure will show. \nWhat It Means for Your Money\n\nMortgages and rates: a stronger than expected reading can reinforce expectations that the Federal Reserve will hold interest rates for longer\, which tends to keep US mortgage rates elevated; a weak reading can support the case for rate cuts\, which would eventually flow through to cheaper mortgages in the US and influence rate expectations in the UK and eurozone too.\nSavings: if the data shifts expectations for Fed rate cuts\, savings account and money market fund rates in the US can move in tandem\, since banks reprice deposit rates in response to changes in the federal funds rate outlook.\nJobs and wages: homebuilding supports construction jobs\, and a sustained slowdown in new home sales can eventually reduce hiring in construction\, real estate and related trades such as flooring\, appliances and furnishings.\nPrices: the median and average sales price data in the same release gives a read on whether new-build home prices are rising or falling\, which feeds into how affordable housing is for first-time buyers in the US.\nInvestments\, pensions and currencies: homebuilder shares and housing-related exchange traded funds often react directly to this release. A surprise can also move the dollar\, since it feeds into the broader picture the Fed uses to set policy\, which in turn affects the pound and the euro through relative interest rate expectations.\n\nRelated events\n\nPrevious release: US New Home Sales\, August 2026 (July 2026 data)\nUS Existing Home Sales\, released monthly by the National Association of Realtors\nUS Housing Starts and Building Permits\, released monthly by the Census Bureau\n\nFrequently Asked Questions\nWhat time is the August 2026 New Home Sales report released?\nIt is released at 10:00 am ET\, which is 3:00 pm in London\, on Thursday\, September 24\, 2026. \nHow should I read the New Home Sales number?\nLook at the seasonally adjusted annual rate compared with the prior month and the same month a year earlier\, and treat single-month moves cautiously given the wide margin of error the Census Bureau attaches to this survey. \nDoes New Home Sales affect Federal Reserve interest rate decisions?\nIt is one of several housing indicators the Fed reviews alongside inflation and employment data\, so it can influence rate expectations but rarely moves policy on its own. \nWhere can I find the official New Home Sales release?\nThe full release is published on the US Census Bureau’s New Residential Sales page at the time of publication. \nWhen is the next New Home Sales report after this one?\nThe Census Bureau typically releases New Home Sales roughly one month later\, covering September 2026 data\, with the exact date confirmed in the August release. \n← Previous US New Home Sales
URL:https://www.financecalendar.com/event/us-new-home-sales-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260924T120000
DTEND;TZID=America/New_York:20260924T130000
DTSTAMP:20260825T104631Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104631Z
UID:1332-1790251200-1790254800@www.financecalendar.com
SUMMARY:COST Earnings September 2026
DESCRIPTION:Next COST Quarterly Earnings: Thursday\, September 24\, 2026 at 12:00 pm ET (5:00 pm London). \n\nConsensus\nEPS $6.43–6.55 (consensus per MarketBeat/TipRanks)\nActual\nPending\n\nUpdated August 25\, 2026 \n\nCostco Wholesale Corporation (NASDAQ: COST) will report its fiscal fourth quarter and full-year 2026 operating results on Thursday\, September 24\, 2026\, after the market close. The release will cover the quarter ending in late August 2026\, completing Costco’s fiscal year 2026. Analysts expect earnings per diluted share of approximately $6.43 to $6.55\, according to consensus estimates tracked by MarketBeat and TipRanks\, representing year-over-year growth from the $5.87 per share reported in fiscal Q4 2025. \nWhat Is the Costco Earnings Report?\nCostco Wholesale Corporation operates the world’s third-largest retailer by revenue and the largest membership-only warehouse club chain globally. The company’s fiscal year runs from early September through late August\, with fiscal Q4 covering approximately June through August each year. Costco’s quarterly earnings reports include net sales\, comparable store sales (a closely watched metric of organic growth)\, membership fee revenue\, and net income. \nCostco’s business model is distinctive: the company earns a substantial portion of its operating income from annual membership fees rather than traditional retail margins\, which makes membership renewal rates and new member additions key indicators of business health. As of fiscal year 2025\, membership fee revenue reached $5.32 billion annually\, providing a predictable and highly recurring income stream. \nThe September earnings release carries particular significance because it covers both the quarterly result and the full fiscal year\, giving analysts and investors a comprehensive view of Costco’s annual performance. A press release and conference call with management typically follow shortly after the close of US trading on the release date. \nCOST Earnings: September 24\, 2026 Schedule\nCostco will publish its fiscal Q4 2026 results on Thursday\, September 24\, 2026\, after the market closes at 4:00 p.m. Eastern Time\, with a conference call expected shortly thereafter. The fiscal quarter covers the period from approximately June through August 2026. \nFor context\, Costco reported its fiscal Q3 2026 results on May 28\, 2026. That quarter saw net sales rise 11.6% year-over-year to $69.15 billion\, comparable store sales increase 9.8%\, and customer traffic improve 2.4%\, according to the company’s investor relations release. The strong Q3 performance sets a high baseline for expectations heading into the final quarter of the fiscal year. \nThe fiscal Q4 FY2025 comparison period (reported September 25\, 2025) showed net sales of $84.4 billion (up 8.0% year-over-year) and earnings per diluted share of $5.87\, representing 11% growth from the prior year. Analysts tracking Q4 FY2026 are using this as their base period\, with consensus EPS forecasts of $6.43 to $6.55. \nWhy Costco Earnings Matter for Markets\nCostco is widely regarded as a proxy for consumer spending health among higher-income households. Its warehouse format caters to members who shop in bulk\, typically purchasing more discretionary goods per trip than at conventional supermarkets. Strong comparable sales at Costco signal robust consumer confidence among a key demographic segment\, whereas a miss can signal that even affluent shoppers are pulling back. \nBeyond consumer sentiment\, Costco’s results illuminate several structural themes that markets are tracking closely in 2026. First\, the impact of tariffs on imported goods: Costco sources a significant proportion of its merchandise internationally\, and any cost pressures from trade policy will likely appear in gross margin commentary or in management guidance. Second\, membership fee dynamics: any deceleration in new member growth or a decline in renewal rates would be a significant negative signal for the long-term revenue base. \nFor sector investors\, Costco’s results influence the broader consumer staples and discount retail universe\, including peers such as Walmart and Target. A strong quarter from Costco typically provides a positive read-through for the retail sector generally\, while any sign of consumer softening tends to weigh on the group. The September release also falls at the end of the summer trading season\, making it a useful signal for early back-to-school and pre-holiday spending trends. \nWhat to Watch For in Fiscal Q4 2026\nMarkets will focus on several key metrics in Costco’s September 24 release: \nComparable store sales (comp sales) will be the headline metric beyond EPS. Analysts are watching for continuation of the mid-to-high single-digit comp trends seen in recent quarters. Any deceleration below 6% would likely disappoint\, while figures above 10% would signal further strength in consumer spending at the warehouse level. \nE-commerce performance will also draw scrutiny. In fiscal Q4 2025\, Costco’s e-commerce sales grew 13.5% year-over-year. With digital adoption continuing across retail\, markets will be looking for sustained or accelerating online growth to offset any in-store traffic moderation. Membership renewal rates\, historically above 90% in the United States and Canada\, and any indication of how the company’s recent membership fee increase (announced in mid-2024) is affecting renewal behaviour\, will be key points in the conference call commentary. \nGross margin trends and any commentary on tariff-related cost pressures will be scrutinised given the trade policy backdrop. Investors will also listen carefully for full-year fiscal 2027 outlook guidance and capital allocation plans\, particularly regarding special dividends\, which Costco has paid several times in recent years. \nRelated Events\n\nFOMC Rate Decision September 2026 — The Federal Reserve’s September 16 interest rate decision will set the consumer credit backdrop against which Costco’s results are interpreted.\nUS Retail Sales September 2026 — Broad retail sales data for the same period will provide context for whether Costco’s performance is sector-specific or reflects wider consumer trends.\nUS Personal Income and Outlays (PCE) September 2026 — The Fed’s preferred inflation measure will frame the broader consumer spending environment surrounding the Costco release.\n\nFrequently Asked Questions\nWhat fiscal quarter does Costco’s September 2026 earnings cover?\nThe September 24\, 2026 earnings release covers Costco’s fiscal fourth quarter of 2026\, which runs from approximately June through August 2026. The release also includes full fiscal year 2026 results\, as Costco’s fiscal year runs from early September to late August each year. \nWhen will Costco report its Q4 2026 earnings?\nCostco Wholesale Corporation is scheduled to release fiscal Q4 2026 results on Thursday\, September 24\, 2026\, after the close of US trading at 4:00 p.m. Eastern Time. A management conference call is expected to follow the press release. \nWhat are analysts expecting from Costco’s Q4 2026 results?\nConsensus EPS estimates for fiscal Q4 2026 are in the range of $6.43 to $6.55 per diluted share\, according to analysts tracked by MarketBeat and TipRanks. This compares with $5.87 per share in the year-ago quarter. Beyond EPS\, comparable store sales growth and membership renewal rates will be the key performance indicators market participants are watching most closely.
URL:https://www.financecalendar.com/event/cost-earnings-september-2026/
CATEGORIES:Economic Indicators
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DTSTART;TZID=America/New_York:20260925T100000
DTEND;TZID=America/New_York:20260925T110000
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CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104554Z
UID:1333-1790330400-1790334000@www.financecalendar.com
SUMMARY:US University of Michigan Consumer Sentiment September 2026
DESCRIPTION:Next US University of Michigan Consumer Sentiment: Friday\, September 25\, 2026 at 10:00 am ET (3:00 pm London). \n\nConsensus\nNot yet published\nActual\nPending\n\nUpdated August 25\, 2026 \n\n← Previous US University of Michigan Consumer SentimentNext US University of Michigan Consumer Sentiment →\nThe University of Michigan will release the final reading of its Consumer Sentiment Index for September 2026 on Friday\, September 25\, 2026\, at 10:00 a.m. Eastern Time. The survey\, formally titled the Surveys of Consumers\, is one of the most closely watched gauges of household confidence in the United States. Consensus forecasts for September 2026 are not yet available at the time of writing\, as major polling services typically publish estimates in the week leading up to the release. The preliminary reading for September\, published on the second Friday of the month\, will provide the first indication of where sentiment stands. \nWhat Is the University of Michigan Consumer Sentiment Index?\nThe University of Michigan’s Surveys of Consumers is a monthly telephone survey of approximately 500 consumers across the United States. Respondents are asked about their personal financial situation\, their expectations for the broader economy\, and their assessments of buying conditions for large items such as homes\, cars\, and major appliances. The resulting composite index has been published continuously since 1952 and is regarded as one of the longest-running and most authoritative measures of US consumer confidence. \nThe survey produces two releases each month: a preliminary reading (the second Friday of the month) based on approximately 60% of the responses collected\, and a final reading (the fourth Friday) incorporating the full sample. The final release also includes sub-indices covering current economic conditions and consumer expectations. Long-run inflation expectations\, a component of the survey\, receive particular attention from Federal Reserve policymakers as an indicator of whether consumers believe inflation is becoming entrenched. \nThe index has a long-run average of approximately 84.5\, measured since 1952. Readings below 70 are generally associated with recessionary conditions or acute economic uncertainty. In May 2026\, the final reading fell to a record low of 44.8\, reflecting the severe pressure on household confidence from elevated consumer prices\, Strait of Hormuz supply disruptions\, and geopolitical uncertainty\, according to the University of Michigan’s report. \nConsumer Sentiment: September 25\, 2026\nThe September 25 release will represent the final sentiment reading for September 2026. This release falls at the tail end of one of the most turbulent periods for consumer confidence in the survey’s history. The index has been trading at record or near-record lows throughout 2026\, driven by high fuel prices\, persistent goods inflation\, and household concern about the economic outlook. \nConsensus estimates for the September 2026 final release are not yet available. Market expectations will be shaped by the preliminary reading (due on September 11\, 2026)\, developments in energy markets\, retail price trends\, and any significant shifts in the labour market between now and the release. The trajectory of mortgage rates\, gasoline prices\, and any easing or worsening of geopolitical tensions will be the primary determinants of whether confidence begins to recover from its historic lows. \nThe FOMC Rate Decision on September 16\, 2026 will also influence sentiment heading into the final reading\, as any shift in the Fed’s stance on rates will directly affect household borrowing costs and the financial outlook for consumers. A more dovish signal from the Fed could provide a modest confidence boost ahead of the September 25 survey completion. \nWhy This Release Matters\nConsumer confidence is a leading indicator of household spending\, which accounts for approximately 70% of US gross domestic product. A sustained decline in sentiment typically precedes a pullback in discretionary spending\, and the record-low readings of 2026 have raised concerns about the resilience of the consumer sector. Markets monitor the UMich index alongside the Conference Board Consumer Confidence Index as a real-time gauge of how households are reacting to macro conditions. \nThe inflation expectations components of the survey carry special weight for the Federal Reserve. Long-run inflation expectations that become unanchored — that is\, move materially above 2.5% — could prompt a more hawkish response from the FOMC\, even if headline inflation appears to be moderating. Conversely\, declining expectations signal that consumers believe price pressures are temporary\, giving the Fed more flexibility to ease policy. The September 2026 reading will therefore feed directly into the debate about when and how aggressively the Fed moves toward rate cuts. \nFor equity markets\, the index provides insight into consumer-facing sectors. Retailers\, travel companies\, restaurant chains\, and auto manufacturers tend to react most directly to sentiment readings\, as these industries are most sensitive to discretionary spending decisions. The August 2026 UMich reading will provide the most recent context by the time markets prepare for the September survey. \nWhat to Watch For\n\nAbove consensus — A recovery in the headline index above recent lows would signal that household confidence is beginning to stabilise. A move toward 50 or higher would be seen as meaningfully positive for consumer-facing equities and could shift expectations about the pace of economic recovery. Long-run inflation expectations declining toward 3% would be broadly welcomed by the Fed.\nIn line with consensus — A reading matching the preliminary estimate would confirm the trend without providing a new directional impulse. Markets would focus on the inflation expectations sub-indices and any differences between the current conditions and future expectations components.\nBelow consensus — A deterioration from already historic lows would raise recession concerns and weigh on consumer discretionary equities. If accompanied by rising long-run inflation expectations\, it would present the Fed with a difficult stagflationary signal.\n\nHistorical Context\n\n\n\nRelease Date\nReference Month\nIndex Reading\nChange\n\n\n\n\nMay 30\, 2026\nMay 2026\n44.8\n-5.0\n\n\nApril 25\, 2026\nApril 2026\n49.8\n—\n\n\nJanuary 30\, 2026\nJanuary 2026\n57.3\n+0.9\n\n\n\nSource: University of Michigan Surveys of Consumers. Long-run average: 84.5. All-time high: 111.4 (January 2000). All-time low: 44.8 (May 2026). \nMarket Positioning\nConsumer sentiment has been under sustained downward pressure throughout 2026\, with the index setting successive record lows. The primary drivers identified by University of Michigan researchers are concerns about energy prices (driven in part by Strait of Hormuz supply disruptions)\, the ongoing elevated cost of essential goods\, and uncertainty about the economic outlook. As of early June 2026\, the index stands approximately 47% below its long-run average\, reflecting conditions comparable to the depths of the 2008-2009 financial crisis\, though for different underlying reasons. \nAny meaningful improvement in energy prices\, a dovish signal from the Federal Reserve\, or easing of geopolitical tensions could provide the catalyst for a sentiment recovery between now and September. Conversely\, a further deterioration in conditions would test the floor of the index further. The US CPI Report September 2026 will be released the week before this final reading and will shape expectations significantly. \nRelated Events This Week\n\nUS CPI Report September 2026 — Inflation data released the week before will directly influence what consumers tell the UMich survey about price pressures and inflation expectations.\nFOMC Rate Decision September 2026 — The Federal Reserve’s September 16 policy decision on interest rates will affect household borrowing conditions and may shift the mood heading into the final survey days.\nUS Personal Income and Outlays (PCE) September 2026 — The PCE data\, released the same week\, will show actual consumer spending alongside sentiment\, providing a test of whether low confidence is translating into spending restraint.\n\nFrequently Asked Questions\nWhat does the University of Michigan Consumer Sentiment Index measure?\nThe index measures household perceptions of their personal financial situation\, current buying conditions\, and expectations about the broader economy over the next year and five years. Based on monthly telephone surveys of approximately 500 US consumers\, it has been published continuously since 1952 and is one of the most widely cited consumer confidence measures globally. \nWhen is the September 2026 final reading released?\nThe final reading of the University of Michigan Consumer Sentiment Index for September 2026 is scheduled for Friday\, September 25\, 2026\, at 10:00 a.m. Eastern Time. A preliminary reading will be published on Friday\, September 11\, 2026\, giving markets an early indication of the month’s trend. \nHow does consumer sentiment affect financial markets?\nA strong sentiment reading typically supports consumer discretionary equities — retailers\, restaurants\, travel\, and automotive sectors — while a weak reading tends to weigh on these stocks and may support bond prices as investors price in slower economic growth. The Federal Reserve also monitors the survey’s inflation expectations sub-components closely: rising long-run expectations signal entrenched inflation concerns and may influence the pace of monetary policy decisions.
URL:https://www.financecalendar.com/event/us-university-of-michigan-consumer-sentiment-september-2026/
CATEGORIES:Economic Indicators
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