BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//financecalendar.com - ECPv6.17.3//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-ORIGINAL-URL:https://www.financecalendar.com
X-WR-CALDESC:Events for financecalendar.com
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:America/New_York
BEGIN:DAYLIGHT
TZOFFSETFROM:-0500
TZOFFSETTO:-0400
TZNAME:EDT
DTSTART:20250309T070000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:-0400
TZOFFSETTO:-0500
TZNAME:EST
DTSTART:20251102T060000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:-0500
TZOFFSETTO:-0400
TZNAME:EDT
DTSTART:20260308T070000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:-0400
TZOFFSETTO:-0500
TZNAME:EST
DTSTART:20261101T060000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:-0500
TZOFFSETTO:-0400
TZNAME:EDT
DTSTART:20270314T070000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:-0400
TZOFFSETTO:-0500
TZNAME:EST
DTSTART:20271107T060000
END:STANDARD
END:VTIMEZONE
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:20260924T033000
DTEND;TZID=America/New_York:20260924T043000
DTSTAMP:20260825T110225Z
CREATED:20260825T110225Z
LAST-MODIFIED:20260825T110225Z
UID:2086-1790220600-1790224200@www.financecalendar.com
SUMMARY:SNB Rate Decision September 2026
DESCRIPTION:Next SNB Rate Decision: Thursday\, September 24\, 2026 at 9:30 am CEST (3:30 am ET\, 8:30 am London). \n\nConsensus\nNot yet published\nPrior\nHeld at 0% (June 18\, 2026)\nActual\nPending\n\nFull schedule and background: SNB Rate Decision. \nUpdated August 25\, 2026 \n\nThe Swiss National Bank’s Governing Board announces its next interest rate decision on Thursday\, September 24\, 2026\, at 3:30am ET (8:30am London time\, 9:30am CEST local time in Zurich and Bern). The decision follows the Governing Board’s quarterly monetary policy assessment and comes with a published policy statement\, updated inflation forecast and a news conference. The SNB’s policy rate has stood at 0% since June 2025. Full schedule and background: SNB Rate Decision hub. \nWhat is the SNB Governing Board and what does it decide?\nThe Swiss National Bank is Switzerland’s central bank\, responsible for setting monetary policy with a legal mandate to ensure price stability while taking due account of economic developments. In practice this means keeping consumer price inflation within a range the SNB judges consistent with price stability\, generally close to but not exceeding 2% a year\, while avoiding unnecessary damage to growth and employment. \nMonetary policy decisions are taken by the three-member Governing Board. As of the most recent assessments\, the Board comprises Chairman Martin Schlegel\, Vice Chairman Antoine Martin and Member Petra Tschudin. Unlike the US Federal Reserve or the Bank of England\, the SNB does not publish individual votes or minutes of debate in the same format; instead it releases a summary of the discussion roughly four weeks after each decision. \nThe SNB conducts an in-depth monetary policy assessment four times a year\, in March\, June\, September and December. Each assessment produces a rate decision\, a medium-term conditional inflation forecast and a press conference where the Chairman explains the reasoning to journalists. \nWhen is the September 2026 SNB decision announced?\nThe September assessment is scheduled for Thursday\, September 24\, 2026\, with the decision communicated to the public at 9:30am CEST (3:30am ET\, 8:30am London). The SNB publishes its policy statement and updated conditional inflation forecast at the same time\, followed by a news conference with the Chairman and other Governing Board members. A written summary of the internal discussion is typically released around four weeks after the decision\, in this case expected in late October 2026. \nWhat to expect\nThe SNB has held its policy rate at 0% at every assessment since the June 2025 cut\, including the meetings in September 2025\, December 2025\, March 2026 and June 2026. At the June 2026 assessment\, the Governing Board said monetary conditions were appropriate given that medium-term inflationary pressure had remained virtually unchanged since the previous assessment\, according to the SNB’s June 2026 press release. Economists and market pricing for the September 2026 meeting were not yet available at the time of writing; a consensus forecast has not yet been published for this specific date. \nThe table below shows the rate decisions from the SNB’s own published assessments over the past eight quarters. \n\n\n\nMeeting\nDecision\nRate after meeting\n\n\n\n\nJune 19\, 2025\nCut 25bp\n0%\n\n\nSeptember 25\, 2025\nHeld\n0%\n\n\nDecember 11\, 2025\nHeld\n0%\n\n\nMarch 19\, 2026\nHeld\n0%\n\n\nJune 18\, 2026\nHeld\n0%\n\n\n\nMarket impact scenarios\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nHold at 0%\nBroadly neutral for the Swiss franc\, seen as continuity given four consecutive holds\nThe SNB judges current inflation and growth conditions do not require a change\, keeping borrowing costs where they are\n\n\nCut\, potentially into negative territory\nFranc likely to weaken; Swiss and eurozone bond yields could edge lower on read-through\nThe SNB would be signalling concern about weak inflation\, a strong franc hurting exporters\, or a slowing economy\n\n\nHawkish guidance shift without a rate move\nFranc could firm modestly if the statement flags future tightening risk\nPolicymakers would be pointing to inflation moving back toward or above their comfort zone without acting immediately\n\n\n\nWhat will the statement and press conference signal?\nAnalysts typically focus on three things in the SNB statement: the updated conditional inflation forecast (which shows where the Board expects prices to head assuming rates stay unchanged)\, any language on the franc’s exchange rate\, and whether the Board leaves the door open to further cuts\, including a return to negative interest rates\, a tool the SNB has used before and referenced again as a possibility in 2025. Because the SNB does not publish a vote breakdown\, dissent risk is harder to gauge than at the Fed or the Bank of England; instead\, commentators watch changes in wording between one statement and the next for shifts in tone. The Chairman’s press conference remarks\, delivered roughly 30 minutes after the written statement\, often carry as much market-moving weight as the decision itself. \nWhat It Means for Your Money\nFor UK and European readers\, the SNB decision matters mainly through currency and safe-haven flows. The Swiss franc is widely used as a haven asset\, so a surprise rate move can shift EUR/CHF and GBP/CHF rates\, affecting the cost of Swiss holidays\, imports from Switzerland\, and returns on any Swiss franc-denominated savings or bonds held by European investors. \nFor UK mortgage holders and savers\, the SNB decision itself has little direct effect on Bank of England policy\, but it is one of several central bank signals that traders use to gauge the global direction of interest rates. A widespread move toward rate cuts by developed-market central banks tends to filter through to lower gilt yields over time\, which can eventually feed into fixed mortgage rates and savings account returns\, though the Bank of England’s own decisions matter far more. \nFor eurozone households\, Switzerland’s proximity and trade links mean a weaker or stronger franc can change the price of Swiss goods and cross-border shopping\, and can influence the European Central Bank’s own thinking about currency stability at the margin. For pension funds and investors holding Swiss equities or bonds\, a rate change alters the relative attractiveness of Swiss assets versus eurozone or US alternatives\, and can move the value of any unhedged franc exposure in a portfolio. \nRelated events\n\nThe previous SNB assessment was held on June 18\, 2026\, when the Governing Board left the policy rate unchanged at 0%.\nThe next scheduled SNB assessment after September 2026 falls in December 2026\, following the bank’s usual March\, June\, September\, December pattern.\nSwiss consumer price inflation and labour market data released in the weeks before the September assessment typically shape the Governing Board’s updated inflation forecast.\n\nFrequently Asked Questions\nWhat time is the SNB September 2026 decision announced?\nThe decision is communicated at 9:30am CEST on September 24\, 2026\, which is 3:30am ET and 8:30am London time. \nWill the SNB cut interest rates in September 2026?\nNo consensus forecast had been published for this specific meeting at the time of writing; the SNB has held its rate at 0% at each of its last four assessments. \nWhat is the current SNB policy rate?\nThe SNB policy rate has stood at 0% since the cut announced on June 19\, 2025\, and was most recently confirmed unchanged at the June 18\, 2026 assessment. \nWhen is the next SNB decision after September 2026?\nThe SNB’s next scheduled monetary policy assessment falls in December 2026\, in line with its usual quarterly cycle of March\, June\, September and December meetings. \nWhere can I watch the SNB press conference?\nThe SNB streams its policy statement and news conference live on its official website\, snb.ch\, with a recording typically posted shortly afterwards.
URL:https://www.financecalendar.com/event/snb-rate-decision-september-2026/
CATEGORIES:Central Banks & Monetary Policy
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260924T033000
DTEND;TZID=America/New_York:20260924T043000
DTSTAMP:20260826T034356Z
CREATED:20260826T034356Z
LAST-MODIFIED:20260826T034356Z
UID:2273-1790220600-1790224200@www.financecalendar.com
SUMMARY:Riksbank Rate Decision September 2026
DESCRIPTION:Next Riksbank Rate Decision: Thursday\, September 24\, 2026 at 9:30 am CEST (3:30 am ET\, 8:30 am London). \n\nConsensus\nNot yet published\nPrior\nHeld at 1.75% (August 20\, 2026)\nActual\nPending\n\nFull schedule and background: Riksbank Rate Decision. \nUpdated August 25\, 2026 \n\nThe Riksbank\, Sweden’s central bank\, announces its next interest rate decision on Thursday\, September 24\, 2026\, at 9:30 am CEST (3:30 am ET\, 8:30 am London time). The decision follows the Executive Board’s monetary policy meeting and comes with a full Monetary Policy Report setting out the Riksbank’s updated forecasts. Full schedule and background: Riksbank Rate Decision hub. \nGoing into this meeting the policy rate stands at 1.75%\, where it has been held since early 2026 after a run of rate cuts through 2025. There is no separate press conference time confirmed in the Riksbank’s published calendar for this specific date; the decision\, minutes schedule and press release are issued at the time above. \nWhat is the Riksbank and what does it decide?\nThe Riksbank is Sweden’s central bank and one of the oldest central banks in the world. Its primary task\, set by law\, is to maintain price stability\, which it interprets as an inflation target of 2% measured by the CPIF (consumer price index with a fixed interest rate). It also has a secondary objective of supporting balanced economic growth and high employment\, provided this does not conflict with the inflation target. \nDecisions on the policy rate are taken by the Riksbank’s Executive Board\, a group of board members who vote on the appropriate level of interest rates. If votes are split evenly\, the Governor’s vote decides the outcome. The Board normally meets eight times a year to set monetary policy\, publishing a rate decision and Monetary Policy Report at most of these meetings. \nBecause Sweden is a small\, open economy with its own currency\, the krona\, the Riksbank pays close attention to developments at the European Central Bank and the US Federal Reserve\, since large gaps in interest rates can move the krona sharply and feed through to imported inflation. \nWhen is the September Riksbank decision announced?\nThe announcement is scheduled for September 24\, 2026 at 9:30 am CEST (3:30 am ET\, 8:30 am London). The Riksbank typically publishes the policy rate decision\, an accompanying press release\, and a Monetary Policy Report with updated growth and inflation forecasts on the same morning. Minutes from the meeting are normally released roughly a week after the decision\, giving more detail on how individual board members voted and their reasoning. \nWhat to expect\nThe Riksbank left the policy rate unchanged at 1.75% at its most recent confirmed decision\, in August 2026\, having already held rates steady since the start of the year following three cuts during 2025\, according to the Riksbank’s own press releases. A consensus forecast for the September meeting has not yet been published; economists and markets typically firm up expectations closer to the decision date as fresh Swedish inflation and labour market data arrive. \nThe table below sets out recent confirmed Riksbank decisions\, sourced from the Riksbank’s own published materials. Rows for meetings not yet confirmed by the Riksbank have been omitted. \n\n\n\nMeeting\nDecision\nRate after meeting\n\n\n\n\nJanuary 2026\nHeld\n1.75%\n\n\nMarch 2026\nHeld\n1.75%\n\n\nJune 2026\nHeld\n1.75%\n\n\nAugust 2026\nHeld\n1.75%\n\n\nSeptember 2026\nDecision pending\nCurrently 1.75%\n\n\n\nMarket impact scenarios\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nHold\nRead as broadly neutral to mildly hawkish if guidance suggests rates stay at 1.75% for longer\, according to how markets typically respond to unchanged Riksbank statements\nBorrowing costs in Sweden stay where they are; the krona may hold steady or firm slightly if the tone is cautious about future cuts\n\n\nCut\nRead as dovish\, likely weakening the krona against the euro and dollar\nCheaper loans and mortgages for Swedish households\, but a weaker krona can push up the price of imported goods\n\n\nHike\nWould be a surprise given the current easing cycle\, and would likely be read as strongly hawkish\nMore expensive borrowing in Sweden\, but could support the krona and slow inflation further\n\n\n\nWhat will the statement and press conference signal?\nAnalysts will focus on the Riksbank’s forward guidance\, meaning the hints it gives about the likely path of rates over coming meetings rather than just the decision itself. Key questions include whether the Board still sees the current 1.75% level as appropriate for an extended period\, how it characterises the state of Sweden’s labour market (which the Riksbank has flagged as weaker than expected)\, and whether inflation is seen as durably close to the 2% target or still running below it. \nWatch also for any dissent among Executive Board members in the minutes\, published roughly a week after the decision\, and for commentary on the krona’s exchange rate\, since a persistently weak krona can complicate the inflation outlook by making imports more expensive. \nWhat It Means for Your Money\nFor people in Sweden\, the policy rate feeds directly into mortgage rates\, particularly for those on variable-rate or shorter fixed-rate home loans\, and into returns on savings accounts. A hold at 1.75% means little immediate change to existing mortgage costs or deposit rates; a cut would gradually lower borrowing costs on loans and credit cards but also reduce what savers earn. \nFor UK and eurozone readers\, the Riksbank decision matters mainly through the krona’s exchange rate and as a signal of how smaller developed-economy central banks are handling the tail end of their rate-cutting cycles. A weaker krona can make Swedish exports cheaper and imports into Sweden pricier\, with knock-on effects for European supply chains and for investors holding Swedish equities or krona-denominated bonds. Pension funds and investors with exposure to Nordic markets should watch the tone of the statement for clues on the direction of Swedish bond yields and equity valuations over the following months. \nRelated events\n\nFull Riksbank schedule and past decisions: Riksbank Rate Decision hub\nSweden’s inflation (CPIF) data released ahead of each meeting typically shapes the Board’s decision\nLabour market and unemployment figures from Statistics Sweden are watched closely given the Riksbank’s comments on a softer jobs market\n\nFrequently Asked Questions\nWhat time is the Riksbank decision announced?\nThe decision is announced at 9:30 am CEST on September 24\, 2026\, which is 3:30 am ET and 8:30 am London time. \nWhat is the current Riksbank policy rate?\nThe policy rate has stood at 1.75% since it was held at that level in early 2026\, following three rate cuts during 2025. \nWill the Riksbank cut rates in September 2026?\nA consensus forecast has not yet been published\, so any move should be treated as a possibility rather than a prediction until closer to the meeting. \nWhen is the next Riksbank decision after September 2026?\nThe Riksbank normally holds eight monetary policy meetings a year; check the Riksbank Rate Decision hub for the confirmed date of the following meeting. \nWhere can I watch the announcement?\nThe decision and Monetary Policy Report are published on the Riksbank’s official website\, riksbank.se\, at the time of the announcement.
URL:https://www.financecalendar.com/event/riksbank-rate-decision-september-2026/
CATEGORIES:Central Banks & Monetary Policy
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260924T040000
DTEND;TZID=America/New_York:20260924T050000
DTSTAMP:20260826T034209Z
CREATED:20260826T034208Z
LAST-MODIFIED:20260826T034209Z
UID:2271-1790222400-1790226000@www.financecalendar.com
SUMMARY:Norges Bank Rate Decision September 2026
DESCRIPTION:Next Norges Bank Rate Decision: Thursday\, September 24\, 2026 at 10:00 am CEST (4:00 am ET\, 9:00 am London). \n\nConsensus\nNot yet published\nPrior\nHeld at 4.25% (August 12\, 2026)\nActual\nPending\n\nFull schedule and background: Norges Bank Rate Decision. \nUpdated August 25\, 2026 \n\nNorges Bank’s Monetary Policy and Financial Stability Committee announces its September policy rate decision on Thursday\, September 24\, 2026\, at 4:00 am ET (9:00 am London time\, 10:00 am CEST in Oslo). The current policy rate stands at 4.25%\, and the decision will be published alongside Monetary Policy Report 3/26\, Norges Bank’s quarterly set of economic forecasts. Full schedule and background: Norges Bank rate decisions. \nWhat is the Norges Bank Monetary Policy and Financial Stability Committee and what does it decide?\nThe Monetary Policy and Financial Stability Committee is the body inside Norges Bank\, Norway’s central bank\, that sets the policy rate\, the interest rate at which banks can place overnight deposits with the central bank. Its mandate is to keep inflation low and stable\, close to a target of 2% over time\, while also supporting high employment and financial stability. The committee has five members\, including the Governor\, who currently is Ida Wolden Bache\, and its decisions are taken by majority vote\, though most recent decisions have been unanimous. \nThe committee meets eight times a year to decide on the policy rate. Four of these meetings\, including September’s\, are accompanied by a full Monetary Policy Report containing updated forecasts for growth\, inflation\, unemployment and the expected path of the policy rate over the following two to three years. A press conference follows each decision\, giving the Governor the chance to explain the reasoning behind the vote and answer questions from journalists. \nWhen is the September Norges Bank decision announced?\nThe rate decision is due at 10:00 am CEST (4:00 am ET\, 9:00 am London time) on September 24\, 2026. It will be published together with Monetary Policy Report 3/26\, which sets out the committee’s updated policy rate forecast\, known as the policy rate path. A press conference with Governor Ida Wolden Bache typically follows around 30 to 45 minutes after the written statement\, usually broadcast in Norwegian with an accompanying introductory statement published in English. A summary of the committee’s deliberations is also released\, giving more detail on the internal debate than the short policy statement alone. \nWhat to expect\nNorges Bank raised its policy rate from 4% to 4.25% at its May 2026 meeting\, and has held it unchanged at 4.25% at both the June and August 2026 meetings. According to the bank’s own account of the August meeting\, inflation had slowed and come in lower than projected over the summer\, even as the committee had earlier flagged the possibility that a somewhat tighter policy stance might still be needed\, according to Norges Bank’s August 2026 rate decision statement. The June 2026 Monetary Policy Report had pointed to a policy rate forecast just above 4.5% by the end of the year\, according to Norges Bank’s Monetary Policy Report 2/2026\, though the cooler summer inflation data has left room for debate over whether that path still holds. A consensus forecast from a major poll provider has not yet been published for the September meeting at the time of writing. \n\n\n\nMeeting\nDecision\nRate after meeting\n\n\n\n\nJanuary 21\, 2026\nHeld\n4.00%\n\n\nMarch 25\, 2026\nHeld\n4.00%\n\n\nMay 6\, 2026\nRaised by 25bp\n4.25%\n\n\nJune 17\, 2026\nHeld\n4.25%\n\n\nAugust 12\, 2026\nHeld\n4.25%\n\n\n\nMarket impact scenarios\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nHold at 4.25%\nBroadly expected given two consecutive holds and cooling summer inflation\, according to Norges Bank’s own August statement\nNorwegian mortgage and deposit rates stay where they are for now\, with attention shifting to the updated policy rate path in Monetary Policy Report 3/26 for clues on the next move\n\n\nCut\nWould be read as a signal that the committee judges inflation to be falling back towards target faster than expected\nCheaper borrowing in Norway\, a potentially weaker krone against the pound\, dollar and euro\, and a sign that other European central banks may follow a similar path if inflation trends are shared regionally\n\n\nHike\nWould surprise markets given the recent run of holds and the softer inflation data cited in August\nMore expensive mortgages and loans in Norway\, a likely boost to the krone\, and a signal that policymakers still see inflation risks as the greater danger\n\n\n\nWhat will the statement and press conference signal?\nInvestors and analysts will focus on the updated policy rate path in Monetary Policy Report 3/26 to see whether the roughly 4.5% end-year projection from June has been revised down in light of the cooler summer inflation figures. Any language about the balance of risks between persistent cost pressures and a softening labour market will be scrutinised for hints about the pace and timing of further cuts or holds into 2027. Dissent within the five-member committee has been rare in 2026\, so a split vote would itself be treated as a meaningful signal. The Governor’s introductory statement at the press conference usually gives the clearest steer on how the committee weighs these competing risks. \nWhat It Means for Your Money\nFor Norwegian households\, the policy rate directly affects mortgage rates\, since most Norwegian mortgages track the policy rate closely\, and any change feeds through to monthly repayments within weeks. A hold keeps existing mortgage costs stable\, a cut would ease pressure on borrowers\, and a hike would push repayments higher. Savers with Norwegian bank accounts see the same relationship in reverse: higher rates mean better returns on cash deposits\, lower rates mean less interest earned. \nBeyond Norway\, the decision matters for currency markets. The Norwegian krone tends to strengthen when Norges Bank holds rates higher for longer relative to other central banks\, and weaken when it signals cuts\, affecting the cost of Norwegian imports and the value of Norwegian assets held by UK\, eurozone or US investors. Norway’s oil-linked economy also means its rate path is sometimes watched as a read on how commodity-exposed economies are handling inflation\, which can inform expectations for the European Central Bank and the Bank of England\, both of which are also managing the trade-off between inflation and growth. For pension funds and investors with exposure to Norwegian equities\, bonds or the krone\, the rate path shapes expected returns\, while global investors watching for divergence between Norges Bank\, the Federal Reserve and the ECB may use the decision to gauge the wider direction of developed-market monetary policy. \nRelated events\n\nThe previous Norges Bank decision was announced on August 12\, 2026\, when the rate was held at 4.25%.\nThe next scheduled Norges Bank decision follows the eight-meetings-a-year calendar; check the Norges Bank rate decisions hub for the confirmed date.\nNorwegian and eurozone inflation and labour market data released in the weeks before the meeting typically shape the committee’s updated forecasts in Monetary Policy Report 3/26.\n\nFrequently Asked Questions\nWhat time is the Norges Bank decision announced?\nThe decision is due at 10:00 am CEST in Oslo on September 24\, 2026\, which is 4:00 am ET and 9:00 am London time. \nWill Norges Bank cut interest rates in September 2026?\nIt is not possible to predict the outcome. Norges Bank held its rate at 4.25% at both the June and August 2026 meetings after raising it from 4% in May\, and a consensus forecast for September has not yet been published. \nWhat is the current Norges Bank policy rate?\nThe policy rate has stood at 4.25% since the May 2026 meeting\, held unchanged at both subsequent meetings in June and August 2026. \nWhen is the next Norges Bank meeting after September?\nNorges Bank’s committee meets eight times a year; the confirmed date for the next meeting after September 2026 can be found on the Norges Bank rate decisions hub. \nWhere can I watch the Norges Bank press conference?\nNorges Bank publishes the statement\, Monetary Policy Report and an English introductory statement from the Governor on its official website\, with the press conference itself typically broadcast in Norwegian.
URL:https://www.financecalendar.com/event/norges-bank-rate-decision-september-2026/
CATEGORIES:Central Banks & Monetary Policy
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
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260925T100000
DTEND;TZID=America/New_York:20260925T110000
DTSTAMP:20260825T104554Z
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
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260929T003000
DTEND;TZID=America/New_York:20260929T013000
DTSTAMP:20260825T104556Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104556Z
UID:1248-1790641800-1790645400@www.financecalendar.com
SUMMARY:RBA Rate Decision September 2026
DESCRIPTION:Next RBA Rate Decision: Tuesday\, September 29\, 2026 at 2:30 pm AEST (12:30 am ET\, 5:30 am London). \n\nConsensus\nNot yet published\nActual\nPending\n\nUpdated August 25\, 2026 \n\n← Previous RBA Rate DecisionNext RBA Rate Decision →\nThe Reserve Bank of Australia (RBA) will announce its September 2026 interest rate decision on Tuesday\, 29 September 2026\, at 2:30 pm AEST. The Monetary Policy Board meets over two days (28-29 September)\, with the outcome published on the second day\, followed by a press conference at 3:30 pm. The September meeting is a regular decision meeting\, coming between the August quarterly Statement on Monetary Policy and the November SMP. As of May 2026\, the cash rate target is 4.35%. \nRBA Rate Decision: September 29\, 2026\nThe September meeting is the sixth Monetary Policy Board decision of 2026\, sitting between the August and November quarterly Statement on Monetary Policy meetings. At this stage in the hiking cycle\, the Board will be assessing whether the three rate rises delivered in February\, March\, and May 2026 have been sufficient to cool inflation\, or whether additional tightening is required. \nThe RBA has been navigating a challenging inflation environment in 2026. Services inflation has remained elevated due to labour market tightness\, while energy and food prices have been pushed higher by the Middle East conflict. The May 2026 hike was delivered in an 8-1 vote\, with the Board citing the need to bring underlying inflation back toward the 2-3% target band on a sustained basis. Since then\, the Board has had the benefit of additional data from the June quarter CPI release and the August SMP to assess whether the hiking cycle is complete. \nThe decision will be announced at 2:30 pm AEST on Tuesday\, 29 September 2026\, followed by a press conference at 3:30 pm AEST. \nWhat to Expect\nThe key indicator the Board will be watching ahead of September is the trimmed mean CPI for the September quarter\, which will not be available until late October\, after the September meeting. However\, the Board will have access to monthly CPI indicator data from the ABS\, which provides a more timely\, if less precise\, read on underlying inflation. If monthly indicators for July and August show continued moderation\, the Board is more likely to hold in September. If they show a re-acceleration\, a further hike becomes more credible. \nLabour market conditions remain central. The RBA has repeatedly highlighted the role of wages growth in sustaining services inflation. Data on employment\, unemployment\, and the Wage Price Index published before September will inform the Board’s assessment. Any sharp deterioration in the labour market\, such as a significant rise in unemployment\, would change the calculus significantly\, reducing the need for further rate hikes. \nThe global backdrop matters considerably for the RBA. China’s economic performance\, commodity prices (particularly iron ore and coal)\, and the path of the US Federal Reserve’s policy rate all influence Australian financial conditions and the Board’s decision-making. The FOMC decision on 16 September (the day before the BoE’s September meeting) will provide an important read on global monetary conditions just two weeks before the RBA’s September decision. \nCash Rate Decision History\n\n\n\nDate\nDecision\nRate\nVote\n\n\n\n\nMay 2026\nHike +25bp\n4.35%\n8-1\n\n\nMarch 2026\nHike +25bp\n4.10%\nMajority\n\n\nFebruary 2026\nHike +25bp\n3.85%\nMajority\n\n\nNovember 2025\nHold\n3.60%\nMajority\n\n\nSeptember 2025\nHold\n3.60%\nMajority\n\n\nAugust 2025\nCut 25bp\n3.60%\nMajority\n\n\nMay 2025\nCut 25bp\n3.85%\nMajority\n\n\nFebruary 2025\nCut 25bp\n4.10%\nMajority\n\n\n\nMarket Impact Scenarios\n\nHold at 4.35% (base case) – A hold is the most likely outcome if inflation data shows continued moderation. AUD would hold steady or weaken slightly as markets price in an eventual pivot toward cuts. The ASX 200 could rally modestly\, particularly in property and consumer discretionary sectors. Bond yields would hold steady or fall slightly on the shorter end of the curve if the statement signals that the hiking cycle has ended.\nHike 25bp to 4.60% – A fourth consecutive hike would signal that the Board remains concerned about inflation persistence. AUD would strengthen 0.5-1.0% against the US dollar. Bond yields would rise. The ASX 200 would likely fall\, with highly indebted Australian households particularly sensitive to further rate increases at this stage of the cycle. Consumer confidence and housing markets would both come under pressure.\nCut 25bp to 4.10% – A cut in September would only occur if there is strong evidence that inflation has fallen sharply and the economy is slowing meaningfully. This would be a significant surprise and would require a material deterioration in economic data over the July-August period. AUD would fall sharply. Bond prices would rally across the curve.\n\nStatement and Press Conference\nThe Governor will hold a press conference at 3:30 pm AEST on 29 September 2026 following the rate announcement. As a non-SMP meeting\, there will be no updated set of economic forecasts published alongside the decision. The post-decision statement will contain the Board’s current assessment of inflation\, growth\, and labour market conditions\, and will include language indicating the Board’s inclination on future policy moves. \nThe September meeting minutes\, released two weeks after the decision\, will provide detail on the range of views within the Board and any changes in the balance of opinion toward future tightening or easing. Markets will also watch closely for any indication that the Board is beginning to discuss conditions under which it would consider cuts\, rather than further hikes. \nRelated Events\n\nFOMC Rate Decision September 2026 – The Federal Reserve’s September decision on 16 September\, providing important global context two weeks before the RBA’s decision.\nECB Rate Decision September 2026 – The European Central Bank’s September decision on 10 September\, another major central bank read on global inflation and monetary conditions.\nBank of England MPC Rate Decision September 2026 – The BoE’s September decision on 17 September\, providing further context on advanced economy monetary policy.\n\nFrequently Asked Questions\nDoes the RBA meet every month?\nNo. The Reserve Bank of Australia’s Monetary Policy Board meets eight times per year since moving from its previous 11-meeting-per-year schedule. The 2026 meeting dates are February\, March\, May\, June\, August\, September\, November\, and December. Four of those meetings (February\, May\, August\, November) are accompanied by the quarterly Statement on Monetary Policy with updated economic forecasts. \nWhen is the September 2026 RBA decision announced?\nThe decision will be published at 2:30 pm AEST (4:30 am GMT) on Tuesday\, 29 September 2026\, following the two-day meeting on 28-29 September. The Governor holds a press conference at 3:30 pm AEST immediately after. \nWhat impact does the RBA cash rate have on the Australian dollar?\nThe RBA cash rate influences the AUD by affecting the interest rate differential between Australia and other major economies. A higher Australian cash rate\, relative to rates in the US\, Europe\, and Japan\, makes AUD-denominated assets more attractive to global investors seeking yield\, supporting the currency. A cut or surprise hold would typically weaken the AUD\, while a hike or hawkish statement would typically support it. The AUD is also heavily influenced by commodity prices\, particularly iron ore\, given the importance of mining exports to the Australian economy. \nFeatured image: Photo by Fabian Mardi on Unsplash.
URL:https://www.financecalendar.com/event/rba-rate-decision-september-2026/
CATEGORIES:Central Banks & Monetary Policy
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260929T080000
DTEND;TZID=America/New_York:20260929T090000
DTSTAMP:20260826T055422Z
CREATED:20260826T055422Z
LAST-MODIFIED:20260826T055422Z
UID:2299-1790668800-1790672400@www.financecalendar.com
SUMMARY:Germany CPI Flash September 2026
DESCRIPTION:Next Germany CPI Flash: Tuesday\, September 29\, 2026 at 2:00 pm CEST (8:00 am ET\, 1:00 pm London). Covers August 2026 data. \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\n+2.8% YoY (July 2026 flash)\, core +2.4%\nActual\nPending\n\nFull schedule and background: Germany CPI Flash. \nUpdated August 26\, 2026 \n\n← Previous Germany CPI Flash\nGermany’s flash Consumer Price Index (CPI) for August 2026 is scheduled for release on September 29\, 2026\, at 8:00 am ET (2:00 pm CEST\, 1:00 pm London time)\, published by the Federal Statistical Office of Germany\, known as Destatis. The flash estimate gives markets the first look at how prices moved across Germany’s largest economy before the final\, more detailed figures follow around two weeks later. Full schedule and background: Germany CPI Flash. \nWhat is the Germany CPI Flash?\nThe Consumer Price Index tracks the average change in prices paid by German households for a fixed basket of goods and services\, covering everything from groceries and rent to energy bills and package holidays. Destatis calculates the index every month\, then compares it with the same month a year earlier to produce the headline “inflation rate” that appears in news reports. \nThe flash\, or preliminary\, estimate is built from early regional data collected before the full national dataset is finalised. It is not as complete as the final release published roughly two weeks later\, but it is timely enough to move currency and bond markets because Germany is the largest economy in the eurozone and its price trends heavily influence the European Central Bank’s (ECB) rate decisions. \nEconomists also watch “core inflation”\, which strips out volatile food and energy prices\, because it is seen as a cleaner read on underlying\, persistent price pressure in the economy. \nWhen is the August 2026 Germany CPI Flash released?\nThe release is expected on September 29\, 2026\, at 8:00 am ET (2:00 pm CEST\, 1:00 pm London time)\, though Destatis has not yet formally confirmed the exact date on its release calendar. German flash CPI figures are typically published on the last working day of the reference month or in the first days of the following month\, so this date should be treated as indicative until Destatis confirms it. The data is published free of charge on the Destatis website. \nWhat is the consensus forecast?\nAs of publication\, a consensus forecast for the August 2026 flash reading has not yet been published; economist surveys for German CPI are typically compiled by Reuters and Bloomberg in the days immediately before release. The most recent confirmed flash reading\, for July 2026\, showed annual inflation at +2.8%\, with core inflation (excluding food and energy) at +2.4%\, according to Destatis. Energy prices in that report were up 8.3% year-on-year\, a sharp acceleration Destatis linked partly to the end of a government fuel discount. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (August 2026)\n\n\n\n\nHeadline CPI (year-on-year)\n+2.8%\nNot yet published\n\n\nCore CPI (year-on-year)\n+2.4%\nNot yet published\n\n\nCPI (month-on-month)\n+0.8%\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\nEuro could firm and German Bund yields could rise as traders trim bets on ECB rate cuts\nPrices are still climbing faster than hoped\, which could keep borrowing costs higher for longer\n\n\nIn line with consensus\nMuted reaction\, with markets keeping current ECB rate expectations broadly unchanged\nInflation is behaving roughly as expected\, so little changes for households immediately\n\n\nBelow consensus\nEuro could soften and rate-cut bets could firm\, according to analysts who track ECB policy signals\nPrice pressures are easing faster than expected\, which could eventually feed through to cheaper borrowing\n\n\n\nThese are possibilities based on how markets have typically reacted to German inflation surprises\, not predictions of what will happen on the day. \nWhy does this release matter right now?\nGermany’s inflation rate has been volatile through 2026\, moving from 1.9% in February to a 2026 high of 2.9% in April before easing slightly and then reaccelerating to 2.8% in July\, according to Destatis. Destatis president Ruth Brand attributed the July jump largely to a sharp rise in energy prices after the government’s fuel discount ended and amid volatility in oil markets. Because Germany accounts for roughly a quarter of eurozone output\, its CPI flash is one of the inputs used to estimate the bloc-wide Harmonised Index of Consumer Prices (HICP) ahead of Eurostat’s own flash release\, making it closely watched by the ECB as it weighs whether inflation is settling near its 2% target. \nWhat It Means for Your Money\n\nMortgages and borrowing: German and eurozone mortgage rates are influenced by ECB policy\, which reacts to inflation trends like this one. A hotter-than-expected reading can push up the cost of new fixed-rate deals across the eurozone.\nSavings: If inflation stays elevated\, the ECB is less likely to cut rates quickly\, which can keep savings account returns higher for longer\, though real returns still depend on how fast prices rise.\nJobs and wages: Persistent inflation can pressure German employers into higher wage settlements\, a dynamic the ECB watches closely for signs of a wage-price spiral.\nPrices: A rise in the headline figure typically reflects costs already being felt at supermarket tills and petrol pumps\, particularly when energy is the main driver\, as it was in July 2026.\nInvestments\, pensions and currencies: German data moves the euro against the dollar and pound\, affecting the value of eurozone holdings and pensions denominated in other currencies. UK and Asian investors exposed to European equities or bonds often see immediate\, if modest\, price moves around this release.\n\nRelated events\n\nPrevious release: Germany CPI Flash August 2026\nEurozone flash HICP\, published by Eurostat shortly after the German figure\nEuropean Central Bank interest rate decision\, which weighs this data alongside other member state inflation readings\n\nFrequently Asked Questions\nWhat time is the Germany CPI Flash released?\nThe release is expected at 8:00 am ET\, which is 2:00 pm CEST in Germany and 1:00 pm London time\, though Destatis has not formally confirmed the September 29\, 2026 date. \nHow should I read the headline versus core inflation figures?\nThe headline figure includes food and energy\, which can swing sharply from month to month\, while core inflation strips these out to show the more persistent\, underlying trend that central banks tend to focus on. \nHow does this data affect ECB interest rate decisions?\nThe ECB targets 2% inflation for the eurozone and uses national data like Germany’s flash CPI\, alongside other member states\, to judge whether current interest rates are appropriate or need to change. \nWhere can I find the official release?\nThe data is published directly by Destatis\, Germany’s Federal Statistical Office\, on its press release calendar. \nWhen is the next Germany CPI Flash release?\nGermany publishes a flash CPI estimate every month\, typically at or near month-end\, with the following release covering September 2026 data expected in late October 2026. \n← Previous Germany CPI Flash
URL:https://www.financecalendar.com/event/germany-cpi-flash-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260929T100000
DTEND;TZID=America/New_York:20260929T110000
DTSTAMP:20260826T034450Z
CREATED:20260826T034449Z
LAST-MODIFIED:20260826T034450Z
UID:2275-1790676000-1790679600@www.financecalendar.com
SUMMARY:US Consumer Confidence September 2026
DESCRIPTION:Next US Consumer Confidence: Tuesday\, September 29\, 2026 at 10:00 am ET (3:00 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\n89.4 (August 2026\, revised)\nActual\nPending\n\nFull schedule and background: US Consumer Confidence. \nUpdated August 25\, 2026 \n\n← Previous US Consumer Confidence\nThe Conference Board is expected to release its Consumer Confidence Index for September 2026 on September 29\, 2026 at 10:00 am ET (3:00 pm London time). This report measures how optimistic or pessimistic US households feel about current business conditions and their outlook for the next six months. Full schedule and background: US Consumer Confidence. \nThe Conference Board has not formally confirmed this date. It typically publishes the Consumer Confidence Index on the last Tuesday of each month\, so September 29\, 2026 is the expected date based on that pattern. \nWhat is the Consumer Confidence Index?\nThe Consumer Confidence Index (CCI) is a monthly survey run by the Conference Board\, a private research organisation\, that asks a panel of roughly 3\,000 US households about current business and labour market conditions\, and about their expectations for income\, business and jobs over the next six months. The headline index is built from two sub-indexes: the Present Situation Index\, which reflects how people see the economy today\, and the Expectations Index\, which reflects their six-month outlook. \nMarkets watch this release because consumer spending drives around two-thirds of US economic activity. A sharp change in confidence can signal a shift in future spending on everything from cars to holidays\, which in turn affects company earnings and\, eventually\, hiring and wages. The Federal Reserve also looks at the Expectations Index closely: a reading below 80 has historically often preceded a recession within the following year. \nWhen is the September Consumer Confidence Index released?\nThe Conference Board is expected to publish the report at 10:00 am ET (3:00 pm London time) on September 29\, 2026. The data is released to the public via the Conference Board’s website and distributed to newswires simultaneously. As noted above\, the exact date has not been officially confirmed by the Conference Board\, but its releases have consistently fallen on the last Tuesday of the month. \nWhat is the consensus forecast?\nA consensus forecast for the September 2026 reading has not yet been published. Economists’ forecasts for this release typically become available in the days immediately before the report\, once major data providers such as Reuters and Bloomberg poll their panels. \n\n\n\nMeasure\nPrior (August 2026)\nConsensus (September 2026)\n\n\n\n\nHeadline Consumer Confidence Index\n89.4\nNot yet published\n\n\nPresent Situation Index\n121.2\nNot yet published\n\n\nExpectations Index\n68.2\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\nSeen as a sign households feel steadier about jobs and spending\, which could support equities and reduce expectations of near-term Fed rate cuts\nPeople feel a bit more comfortable\, which could mean more spending on things like holidays and big purchases\n\n\nIn line with consensus\nLimited market reaction\, since traders will have already priced in expectations\nThe economy is behaving roughly as expected\, so nothing changes quickly for borrowing costs or prices\n\n\nBelow consensus\nCould raise concern about slowing spending and add to the case for the Federal Reserve to keep or cut interest rates to support growth\nPeople are more worried about jobs and prices\, which can mean less spending on non-essentials and more caution about big purchases\n\n\n\nWhy does this release matter right now?\nConfidence has been on a broad downward path through the summer of 2026. The index fell for a second consecutive month in August\, dropping to 89.4 from a downwardly revised 90.2 in July\, according to a report carried by Yahoo Finance. The decline was driven almost entirely by the Expectations Index\, which measures how households feel about business\, income and jobs over the next six months\, falling 5.8 points to 68.2\, while the Present Situation Index actually improved by 6.8 points to 121.2\, its first rise in four months. \nAn Expectations Index reading below 80 has historically often signalled a recession within the following year\, a threshold the Conference Board itself has flagged. Survey respondents in August cited elevated petrol prices\, more mentions of “armed conflict\, geopolitical tensions\, food costs\, trade issues\, and employment concerns” than the previous month\, and households expected inflation of 5.8% over the coming year\, up from 5.6% in July\, according to the same Yahoo Finance report. That policymakers\, including the Federal Reserve\, watch this survey closely means a September reading that confirms or reverses this trend could feed into expectations for the Fed’s next interest rate decision. \nWhat It Means for Your Money\n\nMortgages and borrowing: A weak confidence reading can support the case for the Federal Reserve to hold or cut interest rates\, which may keep mortgage and loan rates from rising further; a strong reading can do the opposite.\nSavings: If the data pushes rate-cut expectations further out\, savers may see slightly better returns on cash for longer; if it strengthens the case for cuts\, savings rates could start to drift down.\nJobs and wages: The Expectations Index specifically tracks how households view the job market\, so a weak reading can be an early sign that hiring intentions and wage growth may soften in the coming months.\nPrices: The survey also captures how much inflation consumers expect\, which was already running at 5.8% for the year ahead in August. Elevated inflation expectations can make it harder for the Federal Reserve to justify interest rate cuts.\nInvestments and pensions: Weaker confidence can weigh on shares of retailers\, carmakers and travel companies that depend on discretionary spending\, which matters for pension funds holding US equities.\nCurrencies: A soft reading that raises the odds of Fed rate cuts can weigh on the dollar\, with knock-on effects for the pound\, euro and other currencies\, while a stronger reading can support the dollar.\n\nRelated events\n\nUS Consumer Confidence\, August 2026\nUS Nonfarm Payrolls\, the monthly US jobs report\nFederal Reserve interest rate decision\n\nFrequently Asked Questions\nWhat time is the September Consumer Confidence Index released?\nIt is expected at 10:00 am ET\, which is 3:00 pm London time\, on September 29\, 2026\, though the Conference Board has not formally confirmed the date. \nHow should I read the Consumer Confidence Index?\nA higher number means households feel more positive about the economy and their own finances; a falling number\, as seen through the summer of 2026\, points to growing caution about jobs\, prices and spending. \nDoes this data affect interest rates?\nThe Federal Reserve monitors consumer sentiment as one input among many\, so a weak reading can add to the case for holding or cutting rates\, while a strong reading can reduce pressure to cut. \nWhere is the official release published?\nThe report is published directly on the Conference Board’s website and distributed to newswires at the time of release. \nWhen is the next Consumer Confidence report?\nThe Conference Board typically releases this data on the last Tuesday of each month\, so the following report would be expected in late October 2026. \n← Previous US Consumer Confidence
URL:https://www.financecalendar.com/event/us-consumer-confidence-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260929T213000
DTEND;TZID=America/New_York:20260929T223000
DTSTAMP:20260825T131158Z
CREATED:20260825T131158Z
LAST-MODIFIED:20260825T131158Z
UID:2173-1790717400-1790721000@www.financecalendar.com
SUMMARY:Australia CPI September 2026
DESCRIPTION:Next Australia CPI: Wednesday\, September 30\, 2026 at 11:30 am AEST (9:30 pm ET\, 2:30 am London). Covers August 2026 data. \n\nConsensus\nNot yet published\nPrior\n3.8% annual (12 months to June 2026)\nActual\nPending\n\nFull schedule and background: Australia CPI. \nUpdated August 25\, 2026 \n\nThe Australian Bureau of Statistics (ABS) releases its Monthly Consumer Price Index Indicator for August 2026 on Wednesday\, September 30\, 2026 at 11:30am AEST\, which falls at 9:30pm ET on September 29 and 2:30am in London on September 30. The figure measures how much prices for a broad basket of household goods and services changed in the 12 months to August 2026. Full background and the release schedule for this series sit on the Australia CPI hub page. \nWhat is Australia’s CPI?\nThe Consumer Price Index tracks the average change in prices paid by households for a fixed basket of goods and services\, from groceries and petrol to rent and electricity. When the index rises faster than wages\, households can afford less with the same pay\, which is why economists call this inflation. \nThe ABS has published a full Monthly CPI Indicator since late 2022\, expanding on the older quarterly CPI that dates back decades. The monthly figure gives the Reserve Bank of Australia (RBA)\, businesses and investors a more frequent read on price pressure between the quarterly releases\, though the ABS still treats the quarterly CPI as the more complete measure because it covers a larger share of the basket each time. \nMarkets watch this release closely because it feeds directly into the RBA’s interest rate decisions. A faster than expected rise in prices can make the central bank more cautious about cutting borrowing costs\, while a slowdown can open the door to lower rates\, which is why traders\, mortgage holders and savers all have a stake in the number. \nWhen is the August CPI released?\nThe ABS publishes the Monthly CPI Indicator on the last Wednesday of the month following the reference month\, according to the ABS release schedule. For August 2026 data\, that falls on September 30\, 2026\, at 11:30am Australian Eastern Standard Time. The release is published free on the ABS website under Consumer Price Index\, Australia. There is no estimated date attached to this report: the ABS calendar confirms September 30\, 2026 as the publication date. \nWhat is the consensus forecast?\nA consensus forecast from a major poll of economists has not yet been published for the August 2026 reading\, as forecaster surveys for this release typically appear only in the days immediately before publication. The most recent confirmed official figure comes from the ABS’s June 2026 release\, which showed the Consumer Price Index rose 3.8% in the 12 months to June 2026\, down from 4.0% in the 12 months to May 2026. Housing was the largest single contributor to annual inflation in the most recent quarterly breakdown. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nHeadline annual CPI\n3.8% (12 months to June 2026)\nNot yet published\n\n\nHousing group annual inflation (quarterly measure)\n6.8% (June quarter 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\nTraders would likely pare back bets on RBA rate cuts and the Australian dollar could firm\, since higher than expected inflation typically reduces the chance of near-term easing\nPrices are rising faster than expected\, which could delay any relief on mortgage rates and squeeze household budgets further\n\n\nIn line with consensus\nLimited market reaction is likely\, as the print would confirm the existing path the RBA and investors already expect\nInflation is behaving broadly as forecasters expected\, so the outlook for interest rates and prices probably stays unchanged\n\n\nBelow consensus\nMarkets could increase bets on rate cuts and the Australian dollar may soften\, since a cooler reading usually supports the case for easier policy\nPrice pressures are easing faster than expected\, which could eventually feed through to lower borrowing costs\n\n\n\nThese are possible reactions based on how markets typically respond to inflation surprises\, not predictions of what will happen on the day. \nWhy does this release matter right now?\nThe RBA has an inflation target band of 2 to 3% and has been watching annual CPI gradually cool from the highs of recent years. The ABS reported that annual inflation eased to 3.8% in the 12 months to June 2026\, down from 4.0% in the 12 months to May 2026\, and the June quarter’s official quarterly CPI rose 3.9% over the year with housing\, food and transport as the biggest contributors\, according to a state treasury summary of the ABS release. Each monthly print is being read as a signal of whether that slowdown is continuing or stalling\, which shapes expectations for the RBA’s next cash rate decision. Because Australia’s cash rate influences global capital flows\, movements here also affect currency markets and bond yields well beyond Australia’s borders. \nWhat It Means for Your Money\n\nMortgages and rates: if inflation surprises higher\, the RBA is less likely to cut its cash rate soon\, meaning variable mortgage repayments in Australia could stay higher for longer. A weaker reading raises the chance of a future rate cut\, which would eventually flow through to lower mortgage repayments.\nSavings: higher for longer interest rates tend to mean better returns on savings accounts and term deposits\, while a cooling inflation trend that leads to rate cuts usually means savings rates drift lower over time.\nJobs and wages: persistent inflation above wage growth erodes real pay\, so a hot CPI print can renew pressure on households even if nominal wages are rising.\nPrices you pay: the CPI is a direct measure of the cost of everyday items such as groceries\, rent and fuel\, so a higher than expected number usually means the cost of living squeeze is not easing as quickly as hoped.\nInvestments\, pensions and currencies: the Australian dollar and Australian government bond yields typically move on this data because they reflect changing expectations for RBA policy. For readers outside Australia\, including in the UK\, Europe and Asia\, a shift in the Australian dollar can affect the value of Australian assets held in pension funds and portfolios\, and Australia’s inflation trend is also watched as one gauge of resource-linked demand across Asia.\n\nRelated events\n\nThe quarterly Australian CPI release\, published separately by the ABS each quarter\, which the RBA treats as its primary inflation gauge.\nThe Reserve Bank of Australia’s cash rate decisions\, which respond directly to CPI trends.\nOther regional inflation reports\, including Japan’s and China’s CPI releases\, which shape the broader Asia-Pacific inflation picture.\n\nFrequently Asked Questions\nWhat time is the Australia CPI released?\nThe ABS releases the Monthly CPI Indicator for August 2026 at 11:30am AEST on September 30\, 2026\, which is 9:30pm ET on September 29 and 2:30am in London on September 30. \nHow do I read the headline number?\nThe headline figure shows the percentage change in prices over the 12 months to the reference month; a higher number than the prior reading means inflation is accelerating\, while a lower number means it is cooling. \nHow does this release affect interest rates?\nThe RBA uses inflation data\, alongside the quarterly CPI\, to decide whether to raise\, hold or cut its cash rate\, so a surprise in either direction can shift market expectations for the next rate decision. \nWhere can I find the official release?\nThe ABS publishes the full release\, including detailed tables\, on its website under Consumer Price Index\, Australia\, at the ABS release calendar. \nWhen is the next Australia CPI release?\nThe ABS publishes the Monthly CPI Indicator on the last Wednesday of each month following the reference month\, so the next release after this one covers September 2026 data and is expected in late October 2026.
URL:https://www.financecalendar.com/event/australia-cpi-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260929T213000
DTEND;TZID=America/New_York:20260929T223000
DTSTAMP:20260826T050020Z
CREATED:20260826T050020Z
LAST-MODIFIED:20260826T050020Z
UID:2277-1790717400-1790721000@www.financecalendar.com
SUMMARY:China Official PMI September 2026
DESCRIPTION:Next China Official PMI: Wednesday\, September 30\, 2026 at 9:30 am CST (9:30 pm ET\, 2:30 am London). \n\nConsensus\nNot yet published\nPrior\nManufacturing 49.2\, Non-Manufacturing 49.0 (July 2026)\nActual\nPending\n\nFull schedule and background: China Official PMI. \nUpdated August 26\, 2026 \n\n← Previous China Official PMI\nThe China Official PMI for September 2026 is scheduled for release on September 30\, 2026\, at 9:30 pm ET (9:30 am China Standard Time on September 30\, 2026 local time\, or 2:30 am in London on the same day). The figures are published by China’s National Bureau of Statistics (NBS)\, working with the China Federation of Logistics and Purchasing (CFLP)\, and cover economic activity during September 2026. Full schedule and background: China Official PMI. \nWhat is the China Official PMI?\nThe Purchasing Managers’ Index (PMI) is a survey-based gauge of activity in China’s factories and service businesses. Procurement managers at hundreds of firms are asked whether output\, new orders\, employment\, and other measures rose\, fell\, or stayed flat compared with the previous month. The answers are combined into a single index\, where a reading above 50 signals expansion and a reading below 50 signals contraction. \nThe NBS releases two headline numbers each month: the Manufacturing PMI\, covering factories\, and the Non-Manufacturing PMI\, covering services and construction. Together they form the earliest official snapshot of how the world’s second-largest economy is performing\, arriving well before slower data such as trade or industrial production figures. \nInvestors\, central banks\, and companies with supply chains running through China watch the release closely because it can move currency markets\, commodity prices\, and shares of firms exposed to Chinese demand\, from mining companies in Australia to carmakers in Germany. \nWhen is the September China Official PMI released?\nThe release is set for September 30\, 2026\, at 9:30 am China Standard Time\, published on the NBS website. In US terms that is 9:30 pm ET on September 30 (Eastern Daylight Time)\, and 2:30 am in London on the same calendar day. The NBS typically publishes its PMI figures on the last calendar day of the month being measured\, so a September reading is released on September 30 itself\, one of the fastest turnarounds among major economic indicators. \nWhat is the consensus forecast?\nA consensus forecast for the September 2026 release has not yet been widely published by data providers such as Reuters or Bloomberg at the time of writing. Once economists’ surveys are compiled closer to the release date\, a median forecast typically appears on financial data terminals and economic calendars. \nThe most recently confirmed official readings available are for July 2026\, when China’s NBS Manufacturing PMI came in at 49.2 and the Non-Manufacturing PMI eased to 49.0\, according to Mitrade’s coverage of the NBS release. Both readings remained below the 50 threshold that separates expansion from contraction. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (September 2026)\n\n\n\n\nManufacturing PMI\n49.2\nNot yet published\n\n\nNon-Manufacturing PMI\n49.0\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\nRenminbi and China-linked equities could firm\, commodity currencies such as the Australian dollar may gain\nFactories and services are growing faster than expected\, suggesting stronger demand from China for raw materials\, exports\, and consumer goods\n\n\nIn line with consensus\nMuted reaction\, markets largely stick to prior positioning\nThe economy is performing broadly as economists expected\, so little changes for global trade or investment flows\n\n\nBelow consensus\nPressure on the renminbi\, weaker sentiment for commodity exporters and Asian equities\nChinese activity is slowing more than expected\, which can dent demand for goods from trading partners including the UK\, Europe\, and Australia\n\n\n\nThese are possibilities based on how markets have historically responded to PMI surprises\, not predictions of what will happen in September 2026. \nWhy does this release matter right now?\nChina’s manufacturing PMI has spent much of 2026 hovering below the 50 expansion line\, reflecting soft domestic demand\, a prolonged property market downturn\, and uneven export performance. FocusEconomics reported that both the manufacturing and non-manufacturing readings disappointed in July 2026\, with the non-manufacturing measure falling to 49.0 from 50.2 in June\, signalling weakness had spread from factories into services and construction. \nPolicymakers at the People’s Bank of China and China’s State Council have been weighing further stimulus to support growth\, and PMI trends feed directly into that debate. A run of weak PMI prints tends to raise expectations of additional fiscal spending or interest rate cuts\, while a stabilising trend can ease pressure for more support. Because China is the largest trading partner for many Asian\, European\, and commodity-exporting economies\, shifts in its PMI ripple outward into global growth forecasts. \nWhat It Means for Your Money\n\nMortgages and rates: Weak Chinese data can push global bond yields lower as investors seek safety\, which sometimes feeds through to slightly cheaper fixed-rate mortgage pricing in the UK\, US\, and eurozone\, though the link is indirect and often outweighed by domestic central bank decisions.\nSavings: A softer Chinese economy can slow global inflation by lowering demand for oil and industrial metals\, which can help keep a lid on the cost of living and\, over time\, on how far central banks need to raise interest rates that affect savings account returns.\nJobs and wages: Manufacturers and exporters in countries that sell heavily into China\, including Germany\, South Korea\, and Australia\, can see order books thin if PMI readings weaken further\, which may eventually show up in hiring decisions.\nInvestments and pensions: Funds with exposure to Chinese equities\, emerging markets\, or commodity producers often move on PMI day. A weaker print can pressure mining and energy shares held in diversified pension portfolios\, while a stronger print can lift them.\nCurrencies: The renminbi\, Australian dollar\, and other commodity-linked currencies tend to react most directly. A weak PMI can put downward pressure on these currencies against the US dollar and the pound\, affecting the cost of imported goods.\n\nRelated events\n\nPrevious release: China Official PMI\, August 2026\nFull series schedule and history: China Official PMI hub\nWatch also for China’s Caixin Manufacturing PMI\, a separate private-sector survey often released a day or two after the official figures\n\nFrequently Asked Questions\nWhat time is the September 2026 China Official PMI released?\nIt is released at 9:30 am China Standard Time on September 30\, 2026\, which is 9:30 pm ET on September 30 and 2:30 am in London. \nHow do I read the PMI number?\nA reading above 50 means the sector surveyed is expanding compared with the previous month\, while a reading below 50 means it is contracting; the further from 50\, the sharper the change. \nDoes the China PMI affect UK or US interest rates?\nNot directly\, since it is not a US or UK indicator\, but weak Chinese activity can lower global commodity prices and growth expectations\, which central banks such as the Bank of England and Federal Reserve take into account alongside domestic data. \nWhere is the official PMI release published?\nChina’s National Bureau of Statistics publishes the figures on its official website\, stats.gov.cn\, alongside detailed sub-indices for new orders\, employment\, and prices. \nWhen is the next China Official PMI released after this one?\nThe following release covers October 2026 data and is typically published on the last day of October 2026\, following the NBS’s standard monthly schedule. \n← Previous China Official PMI
URL:https://www.financecalendar.com/event/china-official-pmi-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260929T214500
DTEND;TZID=America/New_York:20260929T224500
DTSTAMP:20260826T050144Z
CREATED:20260826T050144Z
LAST-MODIFIED:20260826T050144Z
UID:2279-1790718300-1790721900@www.financecalendar.com
SUMMARY:China Caixin Manufacturing PMI September 2026 (30)
DESCRIPTION:Next China Caixin Manufacturing PMI: Wednesday\, September 30\, 2026 at 9:45 am CST (9:45 pm ET\, 2:45 am London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\n50.9 (July 2026)\nActual\nPending\n\nFull schedule and background: China Caixin Manufacturing PMI. \nUpdated August 26\, 2026 \n\n← Previous China Caixin Manufacturing PMI\nThe China Caixin Manufacturing PMI for September 2026 is scheduled for release on September 30\, 2026 at 9:45pm ET\, which is 9:45am China Standard Time on the same day and 2:45am in London. The survey is compiled by S&P Global on behalf of Caixin Media and covers the state of China’s private manufacturing sector. Full background and the release schedule are on the hub page: China Caixin Manufacturing PMI. \nBecause S&P Global has not yet confirmed the exact publication slot this far in advance\, the date above follows the usual pattern: Caixin’s final manufacturing PMI is typically released on the first business day of the month following the survey period. Readers should treat the date as indicative until S&P Global’s official release calendar confirms it. \nWhat is the Caixin Manufacturing PMI?\nThe Purchasing Managers’ Index (PMI) is a diffusion index built from a monthly survey of purchasing managers at manufacturing companies. Unlike China’s official government PMI\, which leans towards large state-owned firms\, the Caixin survey samples smaller and export-oriented private manufacturers\, giving a different angle on the same economy. \nSurvey respondents are asked whether output\, new orders\, employment\, supplier delivery times and inventories improved\, worsened or stayed the same compared with the previous month. These five components are weighted and combined into a single headline number. A reading above 50 signals expansion in manufacturing activity\, while a reading below 50 signals contraction. \nMarkets watch this release closely because China is the world’s second-largest economy and its largest manufacturer\, so a shift in Chinese factory activity ripples through commodity prices\, shipping volumes and demand for goods from Europe\, the United States and the rest of Asia. \nWhen is the September Caixin Manufacturing PMI released?\nThe release is expected on September 30\, 2026 at 9:45pm ET (9:45am China Standard Time\, 2:45am London time)\, published by S&P Global and distributed through Caixin Media’s own channels and financial data terminals. As noted above\, this date has not been formally confirmed by the publisher and should be treated as an estimate based on the standard first-business-day-of-the-month schedule. \nWhat is the consensus forecast?\nA consensus forecast for the September 2026 reading has not yet been published. Forecasts for Caixin PMI releases typically only firm up in the days immediately before the print\, once economists have seen related data such as the official National Bureau of Statistics PMI and trade figures. \nThe most recently confirmed reading\, covering July 2026\, came in at 50.9\, easing from June’s 51.7 and falling short of the 51.5 figure that economists had pencilled in\, according to VT Markets. The index remained above the 50 expansion threshold despite the slowdown. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (September 2026)\n\n\n\n\nHeadline PMI\n50.9\nNot yet published\n\n\nNew orders sub-index\nExpanding\, 14th month in a row\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 that private manufacturers are holding up better than feared\, potentially supporting risk appetite and commodity-linked currencies\nChinese factories are getting more orders and producing more\, which could mean stronger demand for raw materials and shipping worldwide\n\n\nIn line with consensus\nLikely a muted reaction since the number confirms an already-priced trend\nThe pace of factory activity is roughly what economists expected\, so little changes for global markets\n\n\nBelow consensus\nCould be read as evidence of cooling domestic demand\, adding to pressure on Beijing to support growth\, as flagged after July’s miss by VT Markets\nChinese factories are struggling to get orders\, which can mean weaker demand for goods and materials that other countries sell into China\n\n\n\nThese are possible reactions\, not predictions. Actual market moves depend on other data released the same week and on broader sentiment towards China’s economy. \nWhy does this release matter right now?\nChina’s factory sector has been on a bumpy path through 2026. The Caixin PMI climbed to 52.1 in February before slipping to 50.8 in March\, then recovering through the spring and early summer\, only to ease back to 50.9 in July as output and new order growth slowed\, according to Trading Economics. Employment had been improving\, with job creation reaching its strongest level since August 2023\, even as input price inflation continued to ease. \nInvestors and policymakers are watching whether the slowdown seen mid-year continues or reverses\, because sustained weakness in China’s private manufacturers would add to pressure on Beijing to unveil more stimulus and could weigh on global trade volumes and commodity demand heading into the final quarter of the year. \nWhat It Means for Your Money\n\nMortgages and rates: A weak Chinese PMI can pull down global bond yields as investors seek safety\, which sometimes feeds through to slightly lower long-term mortgage rates in the UK\, Europe and the US.\nSavings: Central banks in major economies factor Chinese demand into their own inflation outlook\, so persistent weakness could reinforce expectations of lower interest rates\, which in turn can mean lower returns on cash savings over time.\nJobs and wages: Countries that export heavily to China\, including Germany\, South Korea\, Australia and parts of Southeast Asia\, can see hiring intentions shift with Chinese factory demand.\nPrices: Chinese manufacturing strength affects global supply of goods and industrial materials\, which can influence the price of everything from electronics to metals used in construction.\nInvestments\, pensions and currencies: Equity markets tied to commodities\, shipping and China-exposed multinationals often react to this release\, and the Australian dollar\, the euro and emerging market currencies tend to be more sensitive to Chinese data than the pound or the yen.\n\nRelated events\n\nPrevious month’s release: China Caixin Manufacturing PMI\, prior month\nChina’s official National Bureau of Statistics Manufacturing PMI\, published a day or two before the Caixin figure each month\nCaixin Services and Composite PMI\, usually released a few days after the manufacturing print\n\nFrequently Asked Questions\nWhat time is the Caixin Manufacturing PMI released?\nIt is expected at 9:45pm ET on September 30\, 2026\, which is 9:45am in China and 2:45am in London\, though S&P Global has not yet confirmed this date. \nHow do I read the PMI number?\nA reading above 50 indicates manufacturing activity is expanding compared with the previous month\, while a reading below 50 indicates it is contracting. \nDoes this release move interest rates directly?\nNo single PMI print changes interest rates on its own\, but persistently weak or strong readings feed into how central banks and investors judge the health of the Chinese\, and by extension global\, economy. \nWhere can I find the official release?\nThe official release calendar is published by S&P Global\, with the report also distributed by Caixin Media. \nWhen is the next Caixin Manufacturing PMI due?\nCaixin typically publishes its manufacturing PMI on the first business day of each month\, so the next reading would normally follow around a month after this one. \n← Previous China Caixin Manufacturing PMI
URL:https://www.financecalendar.com/event/china-caixin-manufacturing-pmi-september-2026-30/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260930T083000
DTEND;TZID=America/New_York:20260930T093000
DTSTAMP:20260825T104612Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104612Z
UID:1307-1790757000-1790760600@www.financecalendar.com
SUMMARY:US Personal Income and Outlays (PCE) September 2026
DESCRIPTION:Next US Retail Sales: Wednesday\, September 30\, 2026 at 8:30 am ET (1:30 pm London). Covers August 2026 data. \n\nConsensus\nNot yet available\nActual\nPending\n\nFull schedule and background: US Retail Sales. \nUpdated August 25\, 2026 \n\n← Previous US Retail SalesNext US Retail Sales →\nThe Bureau of Economic Analysis (BEA) will release the August 2026 Personal Income and Outlays report on Wednesday\, September 30\, 2026\, at 8:30 a.m. Eastern Time. The report includes the Personal Consumption Expenditures (PCE) price index\, the Federal Reserve’s preferred inflation gauge\, alongside personal income and consumer spending data. September 30 is the final day of Q3 2026 and the day the BEA also publishes the GDP Q2 2026 third estimate. The September PCE data will be the first post-FOMC-September inflation reading\, giving markets a sense of whether the Fed’s policy stance is gaining traction against persistent price pressures. As of April 2026\, core PCE stood at 3.3% year-on-year. \n\n\n\nAt a Glance\n\n\n\n\nRelease Date\nWednesday\, September 30\, 2026\, 8:30 a.m. ET\n\n\nData Covered\nAugust 2026 personal income and spending\n\n\nPublished By\nBureau of Economic Analysis (BEA)\n\n\nPrior Core PCE (YoY)\n3.3% (April 2026\, most recent available)\n\n\nFed Target\n2.0% (headline PCE)\n\n\nSame Day Release\nGDP Q2 2026 Third Estimate\n\n\n\nWhat is the PCE Price Index?\nThe Personal Consumption Expenditures (PCE) price index is published monthly by the Bureau of Economic Analysis and serves as the Federal Reserve’s official inflation target measure. PCE covers expenditures by US households and also includes spending made on their behalf by employers and government entities\, giving it broader coverage than the Consumer Price Index (CPI). PCE also adjusts for consumer substitution behaviour\, making it more responsive to actual spending patterns than a fixed-basket measure. \nCore PCE\, which strips out food and energy\, is the metric that receives the closest scrutiny from monetary policymakers. The Fed’s 2% target applies to headline PCE\, but core PCE provides a cleaner signal of underlying inflation momentum. With core PCE at 3.3% year-on-year in April 2026\, the Fed remains significantly above its target\, a situation that has kept the policy rate at restrictive levels throughout 2026. \nThe Personal Income and Outlays report also provides data on personal income growth and consumer spending. These components offer valuable context on the US consumer’s financial health and are used to estimate future GDP growth. The September 30 release will be the first look at August 2026 income and spending conditions\, arriving two weeks after the FOMC’s September 16 rate decision. \nUS Personal Income and Outlays (PCE) Release: September 30\, 2026\nThe September 30 report arrives in a particularly significant context. The FOMC Rate Decision of September 16\, 2026 will already have been announced when the PCE data is published. September 30 PCE is therefore the first major inflation data point after the September FOMC meeting\, giving markets an early read on whether conditions justify the FOMC’s September stance and shaping expectations for the October 28-29 FOMC meeting. \nThe BEA releases the GDP Q2 2026 third estimate on the same day\, September 30. This Q2 GDP revision is typically minor\, reflecting small data adjustments to the already-published first and second estimates. However\, any meaningful revision to Q2 growth\, combined with the PCE inflation print\, will give a fuller picture of the US economic performance in the first half of 2026 and what it implies for the second half. \nConsensus forecasts for the September 30 PCE release will be published in the week before the report. Market participants will use the August CPI print (released September 11) as the most recent comparable inflation reading when forming expectations. \nWhy This PCE Release Matters\nThe September PCE report is the last major inflation data point before the FOMC Rate Decision on October 28-29\, 2026. Along with the October CPI report (due in mid-October)\, it will form the core of the inflation evidence available for the October meeting. If September PCE shows a continued decline from the elevated April 2026 reading of 3.3%\, it would build the case for an October rate cut. If PCE remains sticky\, it reinforces a hold. \nBeyond the immediate policy implications\, the August consumer spending data within the report will reflect summer spending patterns and be compared against the retail sales data published in mid-September. Real personal spending\, adjusted for PCE inflation\, shows whether consumers are maintaining purchasing power through the summer months or pulling back in response to high prices. Analysts watch this figure closely when constructing early estimates for Q3 2026 GDP. \nThe US GDP Q2 Third Estimate\, published alongside the PCE report on September 30\, will provide the final word on how the US economy performed in the April-to-June quarter. A downward revision to Q2 growth combined with a still-elevated PCE print would be a stagflationary signal. An upward revision alongside modifying inflation would be more constructive for markets. \nWhat to Watch For\n\nCore PCE above 3.3% YoY – New highs in core PCE would be a hawkish signal\, likely to reduce October rate-cut odds and weigh on equities and bonds simultaneously\, with the dollar strengthening.\nCore PCE between 3.0% and 3.3% YoY – A modest pullback from the April peak but still well above target. Markets may interpret this as early evidence of disinflation\, modestly supportive for risk assets without prompting aggressive repricing of rate expectations.\nCore PCE below 2.8% YoY – A significant deceleration that would substantially increase the probability of an October rate cut and produce a rally in bonds and equities.\n\nThe monthly change (MoM) will receive particular attention. A core PCE MoM reading of +0.1% or below\, annualised to around 1.2%\, would signal that month-by-month momentum has turned sharply lower even if the annual figure remains elevated. Markets often react to the MoM reading as a more forward-looking indicator than the lagged YoY comparison. \nHistorical Context\n\n\n\nRelease Month\nData Month\nCore PCE (YoY)\nCore PCE (MoM)\n\n\n\n\nMay 2026\nApril 2026\n3.3%\n+0.24%\n\n\nApril 2026\nMarch 2026\n3.2%\n+0.30%\n\n\nMarch 2026\nFebruary 2026\n3.0%\nn/a\n\n\nJan 2026\nDecember 2025\n3.0%\n+0.40%\n\n\nJan 2026\nNovember 2025\n2.8%\nn/a\n\n\nJan 2026\nOctober 2025\n2.7%\nn/a\n\n\n\nMarket Positioning\nAhead of the September 30 release\, market positioning will be guided by the September 11 CPI report and the September 16 FOMC decision. If the Fed holds rates at its September meeting\, traders will be watching the September 30 PCE print closely for any signal that a cut at October’s meeting is justified. Interest rate futures markets will provide real-time October cut probability estimates that shift in the minutes following the PCE publication. \nThe September 30 date has historical significance as a quarter-end date for global institutional investors. Quarter-end portfolio rebalancing can add unusual flows to equity\, bond\, and currency markets regardless of the PCE outcome\, making intraday volatility patterns harder to attribute solely to the inflation data. \nRelated Events\n\nFOMC Rate Decision September 2026 – The September 16 rate decision precedes the PCE release by two weeks; September 30 PCE will be the first read on whether the Fed’s stance is gaining traction on inflation.\nUS Gross Domestic Product September 2026 – The GDP Q2 third estimate is published on the same day (September 30)\, providing the final Q2 growth figure alongside the August inflation data.\nUS CPI Report September 2026 – Released September 11\, providing the August CPI print that will inform PCE forecasts and set market expectations for September 30.\n\nFrequently Asked Questions\nWhat is the difference between core PCE and headline PCE?\nHeadline PCE covers all personal consumption expenditures\, including food and energy\, and is the measure against which the Fed’s 2% target is formally defined. Core PCE strips out food and energy to isolate underlying inflation trends. Because food and energy prices are more volatile\, core PCE is the figure most closely watched by the FOMC when assessing the persistence of inflation. \nWhen is the September 2026 PCE report released?\nThe BEA will publish the August 2026 Personal Income and Outlays report at 8:30 a.m. Eastern Time on Wednesday\, September 30\, 2026. The GDP Q2 third estimate is released at the same time. \nHow does the September 30 PCE data affect the October FOMC decision?\nThe October 28-29 FOMC meeting is the next scheduled rate decision after September 30. The September PCE print\, along with October CPI (released mid-October)\, will form the key inflation evidence the Fed reviews at the October meeting. A significant decline in core PCE toward 3% or below would materially increase the odds of a cut; a sticky reading at or above 3.3% would reinforce a hold.
URL:https://www.financecalendar.com/event/us-personal-income-and-outlays-pce-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260930T083000
DTEND;TZID=America/New_York:20260930T093000
DTSTAMP:20260825T104610Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104610Z
UID:1301-1790757000-1790760600@www.financecalendar.com
SUMMARY:US Gross Domestic Product September 2026
DESCRIPTION:Next US Gross Domestic Product: Wednesday\, September 30\, 2026 at 8:30 am ET (1:30 pm London). Covers Q2 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nFull schedule and background: US Gross Domestic Product. \nUpdated August 25\, 2026 \n\n← Previous US Gross Domestic ProductNext US Gross Domestic Product →\nThe US Bureau of Economic Analysis (BEA) will release the third and final estimate of Gross Domestic Product (GDP) for the second quarter of 2026 on Wednesday\, September 30\, 2026\, at 8:30 a.m. Eastern Time. This release will incorporate the most complete available data for the April-to-June quarter and will provide the definitive read on Q2 2026 economic growth\, alongside updated corporate profits figures. \n\n  At a Glance \n\nRelease date: Wednesday\, September 30\, 2026\, at 8:30 a.m. ET\nPublishing body: US Bureau of Economic Analysis (BEA)\nCoverage: Q2 2026 (April\, May\, June 2026) — third and final estimate\nMost recent prior quarters: Q1 2026 at 1.6% (second estimate); Q4 2025 at 0.5% (third estimate)\nMarket impact: High\n\n\nWhat is GDP and Why Does It Matter?\nGross Domestic Product (GDP) is the most comprehensive measure of US economic output\, published quarterly by the Bureau of Economic Analysis. It is released in three successive estimates: the advance (approximately 30 days after the quarter ends)\, the second (60 days after)\, and the third (90 days after). The third estimate represents the definitive quarterly figure and is typically the one incorporated into annual economic revisions. \nThe third estimate is particularly important because it includes the BEA’s most complete dataset\, incorporating comprehensive data on state and local government spending\, healthcare services\, and financial services that are not fully available for the earlier estimates. It also includes comprehensive corporate profits data with industry and sector breakdowns\, providing deep insight into the health of the private sector. \nUS GDP is reported as a seasonally adjusted annualised rate (SAAR)\, representing the quarterly growth pace extrapolated to a full year. This convention is used uniquely in the United States; the standard in most other countries is to report quarter-on-quarter non-annualised growth. \nQ2 2026 GDP Third Estimate: September 30\, 2026\nThe September 30 release will provide the final word on Q2 2026 growth\, incorporating a third and final pass over the source data. Historical precedent shows that third estimates can diverge meaningfully from advance readings. For Q4 2025\, the advance estimate of 1.4% was revised to 0.7% in the second estimate and settled at 0.5% in the third\, a reduction of nearly 1 percentage point from the initial reading. \nThe third estimate will also confirm or revise the Q2 personal consumption expenditure (PCE) deflator\, which is the Federal Reserve’s preferred inflation gauge. Any revision to the PCE deflator could be market-moving given the FOMC met on September 16 and will be incorporating this final data point into its view ahead of the October 28 meeting. \nWhy This GDP Release Matters\nAs the final estimate\, the September 30 GDP release resolves the uncertainty created by the advance and second estimates and provides the definitive Q2 2026 growth figure. Beyond its informational value\, the third estimate tends to generate less market volatility than the advance estimate because much of the data has already been incorporated into market pricing through the prior two releases. \nHowever\, meaningful revisions relative to the second estimate can still move markets. If the third estimate shows Q2 2026 growth was significantly stronger or weaker than previously indicated\, it will update the narrative about the economy’s underlying health and affect expectations for the rest of the year. The FOMC\, having met on September 16\, will also incorporate the final Q2 reading into its economic projections for the October meeting. \nThe comprehensive corporate profits data released with the third estimate allows economists to assess profit margins\, labour cost pressures\, and the health of the business sector with greater precision than the preliminary figures published with the advance and second estimates. These data points inform analyst forecasts for Q3 and Q4 2026 corporate earnings. \nWhat to Watch For\n\nUpward revision from second estimate: A final reading above the second estimate would confirm stronger Q2 growth and support positive risk sentiment heading into Q4 2026. It would also reduce the pressure on the Fed to cut rates and could push back market expectations for easing.\nBroadly unchanged: A third estimate in line with the second estimate would attract limited market attention\, with the corporate profits data becoming the key focus. Attention would shift quickly to the October 14 CPI and the October 28 FOMC meeting.\nDownward revision from second estimate: A significant downward revision would raise questions about the sustainability of US economic growth and could increase pressure on the Fed to ease. A final Q2 reading below 1.5% would revise the economic narrative in a meaningful negative way.\n\nThe PCE deflator revision\, if any\, carries additional significance given that the FOMC has just met and will be preparing for its October meeting. Any change to the official Q2 inflation reading could shift the Fed’s assessment of the inflation trajectory. \nHistorical GDP Growth\n\n\n\nQuarter\nGDP Growth (SAAR)\nEstimate Type\n\n\n\n\nQ1 2026\n1.6%\nSecond estimate\n\n\nQ4 2025\n0.5%\nThird estimate\n\n\nQ3 2025\n4.4%\nUpdated estimate\n\n\nQ2 2025\n3.8%\n—\n\n\nFull year 2025\n2.2%\nAnnual\n\n\n\nSource: US Bureau of Economic Analysis. Q4 2025 was impacted by the US government shutdown\, which the BEA estimated subtracted approximately 1.0 percentage point from growth. SAAR = seasonally adjusted annual rate. \nMarket Positioning\nBy September 30\, markets will be in the final stages of the Q3 earnings season preview period. The definitive Q2 GDP figure will provide a basis for assessing how corporate revenues and profits in Q2 compared to the overall economic backdrop. Q3 2026 will have just ended at the time of this release\, and investors will already be looking at Q3 GDP nowcasts and early corporate results as the more immediate signal for year-end outlook. \nThe September 30 release also marks the end of the US government fiscal year\, and any commentary from the BEA regarding government spending contributions or subtractions will be relevant for the Q4 2026 outlook. Federal government shutdowns or spending cliffs at fiscal year-end can create volatility in the GDP data\, as demonstrated by the Q4 2025 government shutdown’s approximately 1 percentage point drag. \nRelated Events\n\nUS Employment Situation (NFP) October 2026 – The September 2026 labour market report on October 2\, just two days after this GDP release\, completing the Q3 data picture for the October FOMC.\nUS CPI Report October 2026 – The September 2026 inflation reading on October 14\, alongside which the final Q2 GDP will inform market and Fed expectations for the October 28 FOMC meeting.\nFOMC Rate Decision October 2026 – The Federal Reserve’s next rate decision on October 28\, for which the September 30 GDP finalisation will be an important data input.\n\nFrequently Asked Questions\nHow does the third GDP estimate differ from the advance and second estimates?\nThe third estimate is the final of three GDP releases for each quarter and incorporates the most complete source data\, including comprehensive figures on state and local government spending\, healthcare\, financial services\, and corporate profits by industry. While revisions from the second to the third estimate are often smaller than those from the advance to the second\, they can still be significant. The third estimate is considered the definitive quarterly GDP figure. \nWhen is the Q2 2026 third GDP estimate released?\nThe Q2 2026 third and final GDP estimate will be released on Wednesday\, September 30\, 2026\, at 8:30 a.m. Eastern Time by the Bureau of Economic Analysis. \nWhat corporate profits data is included in the third GDP estimate?\nThe third GDP estimate includes a comprehensive corporate profits table with pre-tax and after-tax profit figures broken down by industry and by domestic versus rest-of-world profits. This level of detail allows economists and analysts to assess how the broader economy’s income is distributed across sectors\, and to compare the BEA’s GDP-level profit data with individual company earnings reported during earnings season. \nFeatured image: Photo by Markus Spiske on Unsplash.
URL:https://www.financecalendar.com/event/us-gross-domestic-product-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261001T000000
DTEND;TZID=America/New_York:20261001T235959
DTSTAMP:20260902T124641Z
CREATED:20260902T124640Z
LAST-MODIFIED:20260902T124641Z
UID:2528-1790812800-1790899199@www.financecalendar.com
SUMMARY:Is the Stock Market Open on National Day 2026? HKEX Hours
DESCRIPTION:Hong Kong Stock Exchange are closed on Thursday\, October 1\, 2026 for National Day. \n\nNext holiday\nDay Following Chung Yeung Festival\, October 19\, 2026\nRegular hours\n9:30 am to 12:00 pm and 1:00 pm to 4:00 pm HKT\n\nFull schedule and background: HKEX Holidays. \nUpdated September 2\, 2026 \n\nThe Hong Kong Stock Exchange (HKEX) is closed on Thursday\, October 1\, 2026 for National Day\, a public holiday marking the founding of the People’s Republic of China. No cash equities\, derivatives or bond trading takes place on the Hong Kong market that day. Orders entered on the holiday queue for the next open session\, and settlement clocks pause until trading resumes. For the full year-round calendar\, see the HKEX holiday schedule. \nWhich markets are closed on National Day 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nHKEX equities (Hong Kong)\nClosed\nNo trading in Hong Kong-listed stocks\n\n\nHKEX derivatives and futures\nClosed\nStock and index futures and options do not trade\n\n\nHong Kong bond market\nClosed\nFollows the HKEX holiday calendar\n\n\nNew York Stock Exchange and Nasdaq\nOpen (regular hours)\nUS markets do not observe Chinese National Day\n\n\nLondon Stock Exchange\nOpen (regular hours)\nNot a UK public holiday\n\n\nEuronext\nOpen (regular hours)\nNot observed in continental Europe\n\n\nTokyo Stock Exchange\nOpen (regular hours)\nNot a Japanese public holiday\n\n\nShanghai and Shenzhen exchanges\nClosed\nMainland China also observes National Day\, typically for a longer Golden Week break\n\n\n\nIs the market open the day before and after?\nWednesday\, September 30\, 2026 is a normal full trading day on HKEX\, with regular hours of 9:30 am to 12:00 pm and 1:00 pm to 4:00 pm Hong Kong time. The exchange reopens on Friday\, October 2\, 2026 for a normal full session\, unless further holidays fall in the same week under the mainland China Golden Week pattern\, in which case investors should check the official HKEX calendar for any additional closures. HKEX does not schedule an early close around this holiday. \nWhy do markets close for National Day?\nNational Day\, observed on October 1\, marks the anniversary of the founding of the People’s Republic of China in 1949. Hong Kong\, as a Special Administrative Region of China\, observes the day as a general public holiday\, and its stock exchange follows the government’s official holiday schedule rather than setting its own trading calendar. Financial centres typically close on major national holidays so that banks\, clearing houses and market infrastructure staff can also take the day off\, since a stock exchange cannot function properly without banking and settlement support running behind it. \nWhat It Means for Your Money\nIf you hold Hong Kong-listed shares or exchange-traded funds through an international broker\, any order you place on October 1 sits in a queue and executes only once trading resumes on October 2. Settlement\, which in most markets completes a set number of business days after a trade\, is pushed back accordingly\, so anyone relying on sale proceeds landing in their account on a specific date should build in the delay. Dividend payments and options expiries scheduled for the holiday typically shift to the next business day. Currency markets\, including Hong Kong dollar trading\, generally continue to function through interbank channels even when the local exchange is shut\, and cryptocurrency markets trade continuously regardless of any stock exchange holiday. Pension funds and investment platforms with exposure to Hong Kong or China equities will simply reflect the pause in valuation until the market reopens. \nRemaining HKEX holidays in 2026\n\nOctober 19\, 2026: Day Following Chung Yeung Festival (closed)\nDecember 24\, 2026: Christmas Eve (half-day trading\, closes 12:00 pm)\nDecember 25\, 2026: Christmas Day (closed)\nDecember 31\, 2026: New Year’s Eve (half-day trading\, closes 12:00 pm)\n\nFrequently Asked Questions\nIs the Hong Kong stock market open on October 1\, 2026?\nNo. HKEX is closed for National Day\, and trading resumes on Friday\, October 2\, 2026. \nIs the bond market open on National Day in Hong Kong?\nNo. The Hong Kong bond market follows the same holiday calendar as HKEX equities and is closed on October 1\, 2026. \nWhat time does HKEX close the day before the holiday?\nSeptember 30\, 2026 is a full regular session\, with HKEX closing at its normal time of 4:00 pm Hong Kong time. \nWhen is the next HKEX holiday after National Day 2026?\nThe next scheduled closure is the Day Following Chung Yeung Festival on October 19\, 2026. \nAre US and European markets open when HKEX is closed for National Day?\nYes. National Day is a Hong Kong and mainland China holiday only\, so the New York Stock Exchange\, Nasdaq\, London Stock Exchange and Euronext all trade on their normal schedules that day.
URL:https://www.financecalendar.com/event/hkex-national-day-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261001T050000
DTEND;TZID=America/New_York:20261001T060000
DTSTAMP:20260902T124743Z
CREATED:20260902T124743Z
LAST-MODIFIED:20260902T124743Z
UID:2530-1790830800-1790834400@www.financecalendar.com
SUMMARY:Eurozone Unemployment October 2026
DESCRIPTION:Next Eurozone Unemployment: Thursday\, October 1\, 2026 at 11:00 am CEST (5:00 am ET\, 10:00 am London). \n\nConsensus\nNot yet published\nPrior\nAugust 2026 rate (see Eurostat release)\nActual\nPending\n\nFull schedule and background: Eurozone Unemployment. \nUpdated September 2\, 2026 \n\n← Previous Eurozone Unemployment\nThe Eurozone unemployment rate for September 2026 is scheduled for release on Thursday\, October 1\, 2026\, at 5:00 am ET (11:00 am CEST\, 10:00 am London time) by Eurostat\, the statistical office of the European Union. The figure covers the 20 countries that share the euro and measures the share of the labour force that is out of work but actively looking for a job. Full schedule and background: Eurozone Unemployment. \nWhat is the consensus forecast?\nAs of publication\, a consensus forecast for the September 2026 reading has not yet been published by major polling services such as Reuters or Bloomberg. Eurostat typically releases the prior month’s figure roughly four weeks after the reference month\, so the August 2026 unemployment rate will have been published in early September and will serve as the most recent comparison point when this report lands. Readers should check Eurostat’s release calendar nearer the date for any economist estimates that emerge closer to publication. \n\n\n\nMeasure\nPrior (August 2026)\nConsensus\n\n\n\n\nEuro area unemployment rate\nSee Eurostat’s August 2026 release\nNot yet published\n\n\nYouth unemployment rate (under 25)\nSee Eurostat’s August 2026 release\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 prior reading\nModestly negative for euro-denominated assets; seen as a sign the labour market is cooling faster than expected\nMore people are without jobs than the month before\, which can signal weaker consumer spending ahead\n\n\nIn line with prior reading\nLimited market reaction; confirms a stable\, low-impact data point\nThe jobs picture across the euro area is holding steady\, neither improving nor worsening\n\n\nBelow prior reading\nMildly supportive for the euro\, but rarely a major market mover on its own\nFewer people are unemployed\, a sign the labour market remains resilient\n\n\n\nWhy it matters this week\nThe unemployment rate is one of several labour-market indicators the European Central Bank (ECB) monitors when setting interest rates\, alongside wage growth and vacancy data. A tight labour market\, where unemployment stays low\, can keep upward pressure on wages and\, in turn\, on inflation\, which factors into the ECB’s policy decisions. Because this release tends to move gradually rather than sharply from month to month\, it is generally classified as a lower-impact data point compared with inflation or the ECB’s own rate decisions\, but it still feeds into the broader picture that policymakers and investors use to judge the health of the currency bloc’s economy. \nWatchers in the UK\, wider Europe outside the euro area\, and Asia tend to use this release as a cross-check against their own domestic labour data\, since a weakening euro-area jobs market can dampen demand for exports from trading partners. \nWhat It Means for Your Money\nFor most people\, this single monthly release is unlikely to move mortgage rates\, savings rates or the value of the euro on its own. It works more as a slow-building signal: a persistent rise in unemployment over several months could eventually feed into weaker consumer spending and lower inflation\, which might encourage the ECB to cut interest rates further\, a move that can lower borrowing costs but also reduce returns on savings accounts. \nIf you hold euro-denominated investments\, pension funds with European equity exposure\, or you are planning currency conversions for travel or business\, a run of weak jobs data across the eurozone can put mild downward pressure on the euro against the pound and the dollar. Conversely\, a resilient labour market tends to support the currency and can be read as a sign the region’s economy is coping well. \nFrequently Asked Questions\nWhat time is the Eurozone unemployment report released?\nIt is released at 5:00 am ET\, which is 11:00 am CEST in the eurozone and 10:00 am London time\, on Thursday\, October 1\, 2026. \nWhat would count as a significant surprise in this release?\nBecause the unemployment rate typically shifts by only a tenth of a percentage point or less from month to month\, a move of 0.2 percentage points or more in either direction would be considered a notable surprise relative to recent trends. \nWhen is the next Eurozone unemployment report?\nEurostat publishes the euro area unemployment rate roughly once a month\, with the next release covering October 2026 data typically due around early November 2026 according to Eurostat’s release calendar. \n← Previous Eurozone Unemployment
URL:https://www.financecalendar.com/event/eurozone-unemployment-october-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261001T083000
DTEND;TZID=America/New_York:20261001T093000
DTSTAMP:20260826T050313Z
CREATED:20260826T050313Z
LAST-MODIFIED:20260826T050313Z
UID:2281-1790843400-1790847000@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: October 1\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Thursday\, October 1\, 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 26\, 2026 \n\n← Previous US Initial Jobless Claims\nThe US Department of Labor releases its weekly Initial Jobless Claims report on Thursday\, October 1\, 2026\, at 8:30 am ET (1:30 pm London time). The figure covers the week ending September 26\, 2026\, and counts the number of people filing new claims for unemployment benefits across the country. It is one of the most timely gauges of the American labour market\, published every week regardless of the economic calendar\, and it is closely watched by traders\, employers and policymakers alike. Full schedule and background: US Initial Jobless Claims. \nBecause it arrives weekly rather than monthly\, this release often takes on extra significance when other official data is delayed or disrupted\, including during periods when a government shutdown pushes back reports such as the monthly non-farm payrolls figures. In those circumstances\, investors and the Federal Reserve tend to lean more heavily on jobless claims\, along with private-sector measures like ADP payrolls and job cuts announcements\, to judge the health of hiring and firing. \nWhat is the consensus forecast?\nAs of publication\, a consensus forecast for the week ending September 26\, 2026 has not yet been published. Weekly claims forecasts are typically only released by data providers such as Bloomberg or Reuters in the day or two before the report\, so readers should check back closer to the release date for an updated median estimate. \nThe most recent published reading was 206\,000 new claims for the week ending August 15\, 2026\, according to the Department of Labor. Continuing claims\, which measure people still receiving benefits after their initial filing\, are reported with a one-week lag and tend to move more slowly than the headline initial claims number. Economists also watch the four-week moving average of initial claims\, which smooths out weekly volatility caused by holidays\, seasonal adjustments and one-off factors such as weather events or temporary layoffs. \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\nReported with a one-week lag\nNot yet published\n\n\n4-week moving average\nTracks recent weekly trend\nNot applicable\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nAbove consensus or prior trend\nBonds may rally\, dollar could soften\, as traders price a weaker labour market and a higher chance the Federal Reserve leans towards further interest rate cuts\nMore people than expected are losing their jobs or struggling to find new ones\, a sign hiring may be slowing\n\n\nIn line with recent trend\nMuted reaction\, since the report broadly confirms the existing picture of the labour market\nThe pace of layoffs and rehiring is running roughly as expected\, with no major shift in conditions\n\n\nBelow consensus or prior trend\nYields may rise slightly\, dollar could firm\, as traders see a resilient labour market that may keep the Fed cautious about cutting rates further\nFewer people than expected are filing for benefits\, suggesting employers are still holding onto staff\n\n\n\nWhy it matters this week\nJobless claims have taken on added importance in late 2026 because a government shutdown has delayed several official releases\, including the monthly non-farm payrolls report. Analysts at JPMorgan noted that without the usual jobs report\, investors would likely lean more on “ADP\, consumer confidence\, jobless claims” and other private measures to judge the state of hiring\, according to NBC News. \nThis matters for the Federal Reserve too. Policymakers use weekly claims data as a real-time check on the labour market between the less frequent monthly reports. A sustained rise in claims\, especially if it pushes the four-week average higher\, would support the case for further interest rate cuts. A steady or falling trend would suggest the Fed can afford to move more cautiously. Markets in Europe and Asia also watch this release closely\, since a softer US labour market often weighs on global growth expectations and can move the euro\, the pound and Asian equity indices in the hours after publication. \nWhat It Means for Your Money\nIf jobless claims come in higher than expected\, it can be a signal that borrowing costs may fall in the months ahead. Mortgage rates in the US\, and indirectly in other countries whose bond yields track US Treasuries\, tend to ease when traders expect the Federal Reserve to cut interest rates\, since a weakening labour market usually points to lower future inflation pressure. That can mean cheaper mortgages and loans over time\, though the effect on any single week’s data is usually small. \nFor savers\, a run of weak claims data that pushes the Fed towards cutting rates could eventually mean lower returns on cash savings accounts and money market funds\, since these rates tend to move in the same direction as the Fed’s benchmark rate. On the other hand\, if claims stay low and the labour market looks resilient\, savings rates may hold up for longer. \nFor anyone with a pension or investments\, weekly claims reports rarely move markets dramatically on their own\, but they add up over time to shape expectations about interest rates\, which affect bond prices\, share valuations and currency movements including the value of the dollar against the pound and the euro. A string of weak reports can also be an early warning sign for job security in sectors closely tied to the US economy\, even for workers based outside the United States. \nFrequently Asked Questions\nWhat time is the jobless claims report released?\nThe Department of Labor publishes the report at 8:30 am ET\, which is 1:30 pm in London\, on Thursday\, October 1\, 2026. \nWhat would count as a big surprise in this report?\nWeekly claims can move by a few thousand without much notice\, but a swing of more than 15\,000 to 20\,000 above or below the recent trend\, or a move that shifts the four-week moving average meaningfully\, would usually be considered a significant surprise by economists and traders. \nWhen is the next jobless claims report?\nThe next weekly release is scheduled for the following Thursday\, covering the week ending October 3\, 2026\, and continuing the Department of Labor’s regular weekly publication schedule. \nIs a consensus forecast available for this release?\nNot at the time of publication. Consensus estimates for weekly jobless claims are usually only published by data providers a day or two before the release date. \n\n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-october-1-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261001T100000
DTEND;TZID=America/New_York:20261001T110000
DTSTAMP:20260825T131738Z
CREATED:20260825T131737Z
LAST-MODIFIED:20260825T131738Z
UID:2175-1790848800-1790852400@www.financecalendar.com
SUMMARY:US ISM Manufacturing PMI October 2026
DESCRIPTION:Next US ISM Manufacturing PMI: Thursday\, October 1\, 2026 at 10:00 am ET (3:00 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\n55.6 (July 2026)\nActual\nPending\n\nFull schedule and background: US ISM Manufacturing PMI. \nUpdated August 25\, 2026 \n\n← Previous US ISM Manufacturing PMI\nThe US ISM Manufacturing PMI for September 2026 is scheduled for release on Thursday\, October 1\, 2026 at 10:00 am ET (3:00 pm London) by the Institute for Supply Management (ISM). As with all ISM Manufacturing PMI reports\, the exact date has not yet been formally confirmed by ISM; the institute publishes this survey on the first business day of each month\, which points to October 1\, 2026 for the September reading. Full background and the release schedule for this series are on the US ISM Manufacturing PMI hub page. \nWhat is the ISM Manufacturing PMI?\nThe ISM Manufacturing PMI is a monthly survey-based index that measures whether business conditions in the US manufacturing sector are expanding or contracting compared with the previous month. ISM surveys purchasing and supply executives at several hundred companies across 18 manufacturing industries\, asking about new orders\, production\, employment\, supplier deliveries and inventories. The responses are combined into a single headline number. \nA reading above 50 signals that manufacturing activity is expanding; a reading below 50 signals contraction. The distance from 50\, not just the direction\, matters: a jump from 51 to 56 is read very differently from a move from 51 to 52. Because the survey is one of the first hard-ish indicators available each month\, well before official government data on factory output or durable goods orders\, traders\, economists and company executives treat it as an early read on the health of the industrial economy. \nMarkets watch the PMI because manufacturing\, though a smaller share of US output than services\, tends to lead the wider economic cycle. A sustained slide toward or below 50 has historically preceded broader slowdowns\, while a rebound above 55 usually points to firmer industrial demand\, which can feed through to hiring\, capital spending and\, eventually\, prices. \nWhen is the September 2026 ISM Manufacturing PMI released?\nThe report is due on October 1\, 2026 at 10:00 am ET\, which is 3:00 pm in London. ISM publishes the report on its own website and distributes it simultaneously to newswires and data terminals. As noted above\, ISM has not yet formally confirmed this specific date; it is estimated from the institute’s standing practice of releasing the Manufacturing PMI on the first business day of the month covering the prior month’s data. \nWhat is the consensus forecast?\nA consensus forecast for the September 2026 reading has not yet been published. Economist surveys for ISM data are typically compiled by Reuters and Bloomberg in the final days of the survey month\, so a consensus figure will not normally appear until late September 2026\, shortly before the release. \nThe most recently confirmed print at the time of writing is July 2026\, when the headline index rose to 55.6 from 53.3 in June\, marking the seventh consecutive month of expansion and the strongest reading since May 2022\, according to TD Economics. The prices paid sub-index eased for a third straight month to 71.1 from 73.0 over the same period\, per the same source. ISM was scheduled to publish the August 2026 figure on September 1\, 2026\, ahead of this October release\, so that print will supersede July’s as the immediate prior reading by the time this report lands. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus\n\n\n\n\nHeadline PMI\n55.6\nNot yet published\n\n\nPrices Paid Index\n71.1\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 industrial economy is running hotter than expected\, which analysts covering the series often describe as reducing pressure on the Federal Reserve to cut interest rates further\nFactories are busier than expected\, which can support jobs and profits but may also keep some prices elevated\n\n\nIn line with consensus\nLimited market reaction\, since traders have generally priced in an expected outcome\nThe manufacturing sector is behaving broadly as expected\, neither accelerating nor slowing sharply\n\n\nBelow consensus\nOften read by economists as an early warning sign for the broader economy\, particularly if new orders or employment components weaken\nFactories are seeing softer demand\, which can eventually mean slower hiring and weaker business investment\n\n\n\nThese are possible market reads\, not predictions\, and the eventual reaction will also depend on the tone of the accompanying comments from the ISM survey committee chair and on what other data is released the same week. \nWhy does this release matter right now?\nManufacturing has been a focal point for policymakers through 2026 because of the interplay between tariffs\, input costs and demand. TD Economics noted that price pressures had eased for three straight months into July 2026\, even as input costs remain elevated\, with survey respondents citing tariffs\, metals prices and transportation constraints. That combination\, expansion in activity alongside still-high input costs\, is exactly the kind of mixed signal that the Federal Reserve\, the Bank of England and the European Central Bank all watch when weighing the trade-off between supporting growth and containing inflation. \nThe trend into the September report also matters. Having moved from 53.3 in June to 55.6 in July 2026\, the index had been in expansion for seven consecutive months\, its best run since 2022. Whether that momentum holds\, accelerates or fades in the August and September prints will shape how much weight investors place on manufacturing strength when judging the odds of further Fed interest rate moves later in the year. \nWhat It Means for Your Money\nMortgages and borrowing: A stronger-than-expected manufacturing sector can reduce the perceived need for the Federal Reserve to cut interest rates\, which tends to keep US mortgage and borrowing costs a little higher for longer. A weak reading works the other way\, often nudging bond yields\, and therefore mortgage rates\, lower. \nSavings: If the data pushes expectations for interest rates higher\, savers with cash accounts or money market funds may see slightly better returns; a weak report can do the opposite. \nJobs and wages: The employment component of the survey is watched closely because manufacturing hiring and layoffs often show up here before they appear in the official US jobs report\, giving an early signal for factory workers and related supply chains\, including those in Europe and Asia that supply US manufacturers. \nPrices you pay: The prices paid sub-index tracks costs manufacturers face for raw materials. Persistently high readings can eventually filter through to the shelf price of goods\, from cars to household appliances. \nInvestments\, pensions and currencies: Industrial and manufacturing-heavy shares often move on this release\, and a surprise in either direction can ripple into pension fund valuations. The US dollar\, and by extension the pound and euro exchange rates\, can also shift if the data changes the market’s view of US interest rate policy\, affecting the cost of holiday travel\, imports and overseas investments for UK and European readers. \nRelated events\n\nThe August 2026 ISM Manufacturing PMI report\, published September 1\, 2026\, which will set the immediate prior figure for this release.\nThe US jobs report (nonfarm payrolls)\, typically released the first Friday of the month\, which often follows shortly after the ISM Manufacturing PMI and is watched for confirmation of the survey’s employment signal.\nThe full release calendar and historical background is on the US ISM Manufacturing PMI hub page.\n\nFrequently Asked Questions\nWhat time is the September 2026 ISM Manufacturing PMI released?\nIt is expected at 10:00 am ET\, which is 3:00 pm in London\, on October 1\, 2026\, though ISM has not formally confirmed the exact date. \nHow do I read the ISM Manufacturing PMI number?\nA reading above 50 means manufacturing activity is expanding compared with the prior month; below 50 means it is contracting. The further from 50\, the stronger the signal. \nHow does this data affect interest rates?\nCentral banks\, particularly the Federal Reserve\, watch manufacturing strength alongside inflation data when weighing interest rate decisions; a hot reading can reduce pressure to cut rates\, while a weak one can increase it. \nWhere can I find the official release?\nThe report is published directly by the Institute for Supply Management on its website\, ismworld.org\, and distributed simultaneously to financial data providers. \nWhen is the next ISM Manufacturing PMI release after this one?\nISM typically publishes the following month’s report\, covering October 2026 data\, on the first business day of November 2026. \n← Previous US ISM Manufacturing PMI
URL:https://www.financecalendar.com/event/us-ism-manufacturing-pmi-october-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261002T000000
DTEND;TZID=America/New_York:20261002T235959
DTSTAMP:20260902T124912Z
CREATED:20260902T124911Z
LAST-MODIFIED:20260902T124912Z
UID:2533-1790899200-1790985599@www.financecalendar.com
SUMMARY:Is the Stock Market Open on Mahatma Gandhi Jayanti 2026? NSE India Hours
DESCRIPTION:NSE India are closed on Friday\, October 2\, 2026 for Mahatma Gandhi Jayanti. \n\nNext holiday\nDussehra\, October 20\, 2026\nRegular hours\n9:15 am to 3:30 pm IST\n\nFull schedule and background: NSE India Holidays. \nUpdated September 2\, 2026 \n\nThe National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) are closed on Friday\, October 2\, 2026 for Mahatma Gandhi Jayanti\, a national holiday marking the birthday of Mahatma Gandhi. No equity\, derivatives or currency trading takes place on India’s exchanges that day. Any orders queued in a broker’s system will not execute until the next trading session\, and settlement of trades from the prior session continues on its normal T+1 cycle once markets reopen. For the full year-round schedule\, see the NSE India holiday calendar. \nBecause October 2\, 2026 falls on a Friday\, Indian markets face a long weekend\, with trading resuming on Monday\, October 5\, 2026. Investors holding positions ahead of the holiday should note that no price discovery happens on NSE or BSE during the closure\, which can occasionally lead to a wider opening move on Monday if global markets shift materially over the weekend. \nWhich markets are closed on Mahatma Gandhi Jayanti 2026?\n\n\n\nMarket\nStatus\nNotes\n\n\n\n\nNSE equities\nClosed\nNational holiday\, no cash market trading\n\n\nBSE equities\nClosed\nObserves the same holiday calendar as NSE\n\n\nNSE/BSE derivatives (futures and options)\nClosed\nNo expiry processing on this date\n\n\nIndian currency and debt markets\nClosed\nReserve Bank of India also observes the holiday\n\n\nNew York Stock Exchange and Nasdaq\nOpen (regular hours)\nUS markets do not observe Indian national holidays\n\n\nLondon Stock Exchange (LSE)\nOpen (regular hours)\nStandard UK trading session\n\n\nEuronext\nOpen (regular hours)\nStandard European trading session\n\n\nTokyo Stock Exchange (TSE)\nOpen (regular hours)\nStandard Japanese trading session\n\n\n\nThis means that while Indian investors have no domestic market to trade\, global markets carry on as usual. Anyone holding both Indian and international positions should be aware that news flow from the US\, Europe or Asia during the Indian holiday will not be reflected in NSE or BSE prices until trading resumes. \nIs the market open the day before and after?\nThursday\, October 1\, 2026 is a normal full trading day on NSE and BSE\, with regular hours of 9:15 am to 3:30 pm Indian Standard Time (IST). There is no early close scheduled ahead of the holiday. Markets reopen for normal trading on Monday\, October 5\, 2026\, again with standard hours of 9:15 am to 3:30 pm IST. No partial or early-close sessions apply around this holiday\, unlike some pre-festival sessions observed around Diwali. \nWhy do markets close for Mahatma Gandhi Jayanti?\nMahatma Gandhi Jayanti is a national holiday in India commemorating the birth of Mahatma Gandhi on October 2\, 1869. Gandhi led India’s independence movement through non-violent civil disobedience\, and the date is also recognised internationally as the UN’s International Day of Non-Violence. \nAs a gazetted national holiday\, it is observed across Indian government offices\, banks and financial markets\, including NSE and BSE\, which close their trading floors and settlement systems for the day in line with the exchanges’ published holiday calendar. \nWhat It Means for Your Money\nIf you hold Indian shares\, mutual funds or exchange-traded funds through a broker\, any buy or sell orders placed on October 2 will simply sit in the queue until trading resumes on Monday\, October 5. This is normal and does not affect the validity of the order itself. \nSettlement of trades executed on the last trading day before the holiday\, Thursday\, October 1\, follows India’s standard T+1 settlement cycle\, meaning shares and funds typically change hands one business day later\, adjusted for the holiday closure. Dividend payments\, interest credits and options expiry dates scheduled for October 2 are typically processed on the next business day instead. \nIndian banks generally also observe Gandhi Jayanti as a public holiday\, so domestic bank transfers\, cheque clearing and some payroll processing may be delayed by a day. This is separate from the stock market closure but often coincides with it. Cryptocurrency markets\, by contrast\, are not tied to any exchange calendar and continue trading 24 hours a day\, seven days a week\, regardless of the Indian holiday. \nFor investors outside India with exposure to Indian equities through global funds or American Depositary Receipts (ADRs)\, the underlying NSE and BSE closure means no fresh domestic pricing signal that day\, though the ADRs themselves may still trade on foreign exchanges such as the NYSE based on broader market sentiment. \nRemaining NSE India holidays in 2026\n\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\nThe next scheduled closure after Mahatma Gandhi Jayanti is Dussehra on October 20\, 2026. \nFrequently Asked Questions\nIs the stock market open on October 2\, 2026 in India?\nNo. NSE and BSE are both closed on October 2\, 2026 for Mahatma Gandhi Jayanti\, a national holiday. \nIs the bond market open on Mahatma Gandhi Jayanti?\nNo. Indian government bond and currency markets\, along with the Reserve Bank of India’s settlement systems\, are also closed on this date. \nWhat time does the Indian market close on the day before the holiday?\nNSE and BSE trade a full regular session on Thursday\, October 1\, 2026\, closing at the standard time of 3:30 pm IST\, with no early close ahead of the holiday. \nWhen is the next NSE India market holiday after this one?\nThe next scheduled closure is Dussehra on October 20\, 2026. \nAre Indian banks open on Mahatma Gandhi Jayanti?\nMost Indian banks are closed on October 2\, 2026 as it is a gazetted national holiday\, which can delay some transfers and cheque clearing by a day.
URL:https://www.financecalendar.com/event/nse-india-mahatma-gandhi-jayanti-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261002T050000
DTEND;TZID=America/New_York:20261002T060000
DTSTAMP:20260825T132402Z
CREATED:20260825T132402Z
LAST-MODIFIED:20260825T132402Z
UID:2177-1790917200-1790920800@www.financecalendar.com
SUMMARY:Eurozone Flash CPI October 2026
DESCRIPTION:Next Eurozone Flash CPI: Friday\, October 2\, 2026 at 11:00 am CEST (5:00 am ET\, 10:00 am London). Covers September 2026 data. \n\nConsensus\nNot yet published\nPrior\n2.9% YoY (July 2026\, final)\nActual\nPending\n\nFull schedule and background: Eurozone Flash CPI. \nUpdated August 25\, 2026 \n\nThe Eurozone Flash CPI for October 2026 is due on October 2\, 2026 at 5:00 am ET (10:00 am London\, 11:00 am CEST). It is published by Eurostat\, the statistical office of the European Union\, and it covers September 2026 price data across the euro area. This is the earliest official reading of how fast prices rose across the currency bloc that month\, released roughly two weeks before the fuller Harmonised Index of Consumer Prices (HICP) breakdown. Full background and the release schedule for this series is on financecalendar’s Eurozone Flash CPI hub page. \nWhat is the Eurozone Flash CPI?\nThe Flash CPI\, more precisely the flash estimate of the Harmonised Index of Consumer Prices (HICP)\, is Eurostat’s first read on how much prices for goods and services rose across the euro area in the previous month\, expressed as a year-on-year percentage change. It is built from partial\, early data supplied by national statistical offices in member states before their own detailed inflation figures are finalised\, which is why it is called a “flash” or preliminary estimate. \nThe headline figure blends four main baskets: energy\, food and alcohol and tobacco\, non-energy industrial goods\, and services\, weighted by how much euro area households actually spend on each. Services carry the largest weight\, at close to 47% of the basket\, based on Eurostat’s 2026 weighting scheme. Because energy prices swing sharply with oil and gas markets\, economists and the European Central Bank (ECB) also watch measures that strip out volatile items\, often referred to as core inflation\, to judge underlying price pressure. \nMarkets watch this release closely because it is the fastest available gauge of euro area inflation and feeds directly into how investors price the ECB’s next interest rate move. A number above or below what traders expect can move the euro\, eurozone government bond yields and European equity markets within minutes of publication. \nWhen is the September 2026 Flash CPI released?\nEurostat will publish the flash estimate for September 2026 on Friday\, October 2\, 2026\, at 5:00 am ET\, which is 10:00 am in London and 11:00 am CEST in Brussels and Frankfurt. The release appears on Eurostat’s Euro Indicators pages and its official release calendar. Unlike some Eurostat releases\, this date has been confirmed on the publisher’s calendar rather than estimated from a recurring pattern. \nWhat is the consensus forecast?\nA consensus forecast for the September 2026 flash reading has not yet been published by major polling desks. Reuters and Bloomberg typically circulate economist surveys only in the days immediately before the release\, and as of writing no such poll for this specific print was available. The most recent confirmed reading is the final euro area HICP for July 2026\, published by Eurostat\, which showed annual inflation at 2.9%\, up from 2.8% in June 2026\, with services\, energy\, non-energy industrial goods and food\, alcohol and tobacco all contributing positively to the annual rate (Eurostat). \n\n\n\nMeasure\nPrior confirmed reading\nConsensus\n\n\n\n\nEuro area headline HICP\, annual\n2.9% (July 2026\, final)\nNot yet published\n\n\nEU headline HICP\, annual\n3.0% (July 2026\, final)\nNot yet published\n\n\n\nBecause no forecaster panel has yet published numbers for the September print\, this page will be updated once a consensus becomes available\, and readers should treat any figures circulating before the official Reuters or Bloomberg poll as unconfirmed. \nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus (or above recent trend)\nEuro could firm and eurozone bond yields could rise\, as traders push back expectations of ECB rate cuts\nPrices are rising faster than expected\, which could keep borrowing costs higher for longer\n\n\nIn line with recent trend\nLimited immediate market reaction\, since the print confirms the existing inflation path\nThe cost of living pressure is broadly unchanged from recent months\, neither easing nor worsening quickly\n\n\nBelow consensus (or below recent trend)\nEuro could soften and bond yields could fall\, as markets price in a greater chance of ECB easing\nInflation is cooling faster than feared\, which could eventually feed through to lower mortgage and loan rates\n\n\n\nThese are possible reactions based on how markets have historically responded to inflation surprises\, not predictions of what will happen on October 2\, 2026. Reuters and Bloomberg regularly note that European Central Bank officials weigh several months of data before shifting policy\, so a single print rarely changes the outlook on its own. \nWhy does this release matter right now?\nEuro area inflation has been running above the European Central Bank’s 2.0% target for most of 2026\, according to Eurostat data cited by Trading Economics\, having moved from 2.5% in March\, to 3.0% in April\, 3.2% in May\, 2.8% in June\, and 2.9% in July on a final basis. Energy prices have been the single most volatile driver behind these swings\, with the annual energy component jumping from 4.9% in March to above 10% in April and May\, according to Eurostat’s flash releases\, before easing back in June. \nThe ECB has kept a close eye on services inflation\, which has stayed above 3% for most of 2026 and represents nearly half the household spending basket\, as a signal of how embedded price pressures have become in wages and domestic demand. Any acceleration or slowdown in the September flash print will feed into how the ECB’s Governing Council frames its next policy meeting and whether it leans toward holding rates\, cutting further\, or pausing any additional moves. \nWhat It Means for Your Money\n\nMortgages and loans: If eurozone inflation stays above the ECB’s target\, variable mortgage rates and new loan costs across the euro area could stay higher for longer\, since the ECB is less likely to cut its key rate quickly. Borrowers on tracker or variable-rate mortgages in countries like Spain\, Italy or the Netherlands are the most directly exposed.\nSavings: Higher-for-longer eurozone rates can mean better returns on euro-denominated savings accounts and short-term deposits\, though the real return depends on whether inflation itself is falling faster than interest rates.\nJobs and wages: Persistent inflation tends to keep pressure on wage negotiations across the bloc\, particularly in countries where unions negotiate cost-of-living adjustments\, though the euro area’s overall unemployment rate has stayed close to 6.3% through mid-2026 according to Eurostat.\nPrices: A hotter-than-expected reading points to household bills\, from groceries to energy\, continuing to rise faster than wages in the near term\, while a cooler reading would ease that squeeze.\nInvestments\, pensions and currencies: The euro’s exchange rate against the dollar and the pound often reacts within minutes of the release\, which affects the returns UK and US investors get when converting euro-denominated assets\, including many European equity and bond pension holdings\, back into their home currency.\n\nRelated events\n\nEurozone Flash CPI (previous months): historical releases and the full 2026 schedule are on the Eurozone Flash CPI hub page.\nThe full HICP release with country-by-country breakdowns\, published around the middle of the following month by Eurostat.\nThe next European Central Bank interest rate decision\, where policymakers weigh this and other inflation data.\n\nFrequently Asked Questions\nWhat time does the Eurozone Flash CPI come out?\nEurostat publishes the flash estimate at 11:00 am CEST\, which is 5:00 am ET and 10:00 am London time\, on October 2\, 2026. \nHow should I read the headline number?\nThe headline figure is the year-on-year percentage change in prices across the euro area; a rise from the prior month means inflation is accelerating\, while a fall means it is easing\, though both can be driven by volatile energy prices rather than broader trends. \nHow does this release affect ECB interest rate decisions?\nThe European Central Bank uses inflation trends\, including this flash estimate\, as one of several inputs when setting its deposit rate; persistently high readings make rate cuts less likely\, while a clear cooling trend can open the door to easing. \nWhere can I find the official release?\nEurostat publishes the flash estimate and the full release calendar on its Euro Indicators pages at ec.europa.eu/eurostat. \nWhen is the next Eurozone Flash CPI released?\nThe next flash estimate\, covering October 2026 data\, is typically issued at the end of October or the first business day of November\, following Eurostat’s usual end-of-month schedule for this series.
URL:https://www.financecalendar.com/event/eurozone-flash-cpi-october-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261002T083000
DTEND;TZID=America/New_York:20261002T093000
DTSTAMP:20260825T104608Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104608Z
UID:1291-1790929800-1790933400@www.financecalendar.com
SUMMARY:US Employment Situation (Non-Farm Payrolls) October 2026
DESCRIPTION:Next US Employment Situation (Non-Farm Payrolls): Friday\, October 2\, 2026 at 8:30 am ET (1:30 pm London). Covers September 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nFull schedule and background: US Employment Situation (Non-Farm Payrolls). \nUpdated August 25\, 2026 \n\n← Previous US Employment Situation (Non-Farm Payrolls)Next US Employment Situation (Non-Farm Payrolls) →\nThe US Bureau of Labor Statistics (BLS) will release the Employment Situation report for September 2026 on Friday\, October 2\, 2026\, at 8:30 a.m. Eastern Time. The report will reveal the pace of job creation in September\, providing the first major labour market data point of Q4 2026 and setting the scene for the FOMC meeting on October 28. \n\n  At a Glance \n\nRelease date: Friday\, October 2\, 2026\, at 8:30 a.m. ET\nPublishing body: US Bureau of Labor Statistics (BLS)\nReference month: September 2026\nMost recent reading: +172\,000 jobs\, unemployment 4.3% (May 2026)\nMarket impact: High\n\n\nWhat is the Employment Situation Report?\nThe Employment Situation is the most closely watched monthly economic release in the United States\, published by the BLS on the first Friday of each month. It covers two separate surveys: the establishment survey\, which measures non-farm payroll employment and average hourly earnings\, and the household survey\, which measures the unemployment rate and labour force participation. Together\, they form the most comprehensive monthly snapshot of the US labour market. \nThe headline non-farm payrolls (NFP) figure\, which represents the net change in employment across all non-agricultural industries\, generates the most immediate market reaction. However\, the unemployment rate\, labour force participation rate\, average hourly earnings\, and revisions to the prior two months all contribute to the full picture. \nThe October 2026 release covers employment data for September 2026\, opening the Q4 data calendar. \nUS Employment Situation Release: October 2\, 2026\nThe October 2 release will mark the first major macro data point of Q4 2026. Coming 26 days before the FOMC meeting on October 28\, it will give policymakers and markets sufficient time to incorporate the September employment reading into rate expectations. The most recent reading\, released on June 5\, 2026\, showed +172\,000 jobs added in May\, above the forecast of 85\,000\, with unemployment at 4.3%. \nConsensus forecasts for September payrolls are not yet available at time of publication. The trend through the first half of 2026 has been one of solid recovery from the 2025 weakness\, with monthly gains in the 130\,000-185\,000 range. By September\, the key question will be whether that trend has been maintained or whether higher interest rates and elevated inflation have begun to weigh on hiring decisions. \nWhy This Employment Report Matters\nThe October 2 NFP is the opening data point in the final quarter of 2026\, providing the first labour market reading after the September FOMC decision. If the Fed cut rates in September (as some market participants anticipated heading into the year-end)\, the October labour data will help validate or challenge whether that decision was appropriate. If the Fed held\, the October data will inform whether December 2026 should see a cut. \nFor bond markets\, the Q4 labour data trajectory will influence long-duration positioning heading into year-end. Strong employment combined with still-elevated inflation would push against early 2027 rate cut expectations and support higher yields. Weak employment\, particularly if accompanied by softening wage growth\, would point the other way. \nThe broader economic backdrop matters too. By October 2026\, the full cumulative impact of 2026’s elevated interest rates and oil price shock on business investment and hiring should be visible in the data. The September NFP will be an early signal of whether those headwinds have landed. \nWhat to Watch For\n\nAbove consensus: A payrolls figure significantly above expectations would confirm labour market resilience heading into Q4\, reducing the probability of a further rate cut at the October or December FOMC meetings. Bond yields and the US dollar would rise; equity markets would face headwinds from reduced easing expectations.\nIn line with consensus: A broadly matching reading would have limited market impact and shift attention to the October 14 CPI release and the Fed’s October 28 meeting. The unemployment rate and wage growth within the report would take on more importance in this scenario.\nBelow consensus: A weak reading would increase the probability of a rate cut at the October FOMC or signal that December cuts are likely. Bonds would rally\, the US dollar would weaken\, and equities would benefit from increased easing expectations. A reading significantly below expectations could reignite recession concerns.\n\nHurricane-related distortions are worth monitoring in the October release. Late September and early October are within the Atlantic hurricane season\, and severe weather events can temporarily distort payroll surveys by affecting the reference week. Any such distortions would typically be reversed in the following month’s release. \nHistorical Context\n\n\n\nMonth\nJobs Added\nUnemployment Rate\n\n\n\n\nMay 2026\n+172\,000\n4.3%\n\n\nApril 2026 (revised)\n+179\,000\n4.3%\n\n\nMarch 2026 (revised)\n+185\,000\n4.3%\n\n\nJanuary 2026\n+130\,000\n4.4%\n\n\nMay 2025\n+139\,000\n—\n\n\nJanuary 2025\n+143\,000\n—\n\n\n\nSource: US Bureau of Labor Statistics. Revised figures as of the June 2026 release. 2025 data reflects a period of subdued job growth averaging approximately 15\,000 per month. \nMarket Positioning\nBy October 2026\, investors will have a clearer picture of the monetary policy trajectory based on the cumulative Q3 data. The October 2 NFP will refine that picture for Q4. Positioning in rate futures ahead of the October 28 FOMC will be sensitive to the payrolls figure\, with a strong print pushing out expectations for cuts and a weak print pulling them forward. \nEarnings season begins in earnest in mid-October 2026\, so the NFP data will also inform the backdrop against which corporate results are judged. A resilient labour market supports consumer spending and business revenues; a weakening market raises questions about demand sustainability into year-end. \nRelated Events\n\nUS CPI Report October 2026 – The September 2026 inflation reading on October 14\, complementing the labour data ahead of the October FOMC meeting.\nFOMC Rate Decision October 2026 – The Federal Reserve’s policy decision on October 28\, for which the October NFP is a key input.\nECB Rate Decision October 2026 – The ECB meeting on October 29\, providing a comparison with European labour market and monetary policy conditions.\n\nFrequently Asked Questions\nWhat does the non-farm payrolls figure measure?\nNon-farm payrolls (NFP) measures the net change in the total number of paid employees in the US economy during the reference month\, excluding agricultural workers\, private household employees\, and non-profit employees. It is the most widely followed monthly employment statistic and is released by the Bureau of Labor Statistics on the first Friday of each month. \nWhen is the October 2026 NFP released?\nThe October 2026 Employment Situation report will be released on Friday\, October 2\, 2026\, at 8:30 a.m. Eastern Time. The report covers labour market activity during September 2026. \nWhat is the significance of the October 2 NFP for the FOMC meeting?\nThe October 2 release comes 26 days before the FOMC rate decision on October 28. This gives the Fed enough time to fully incorporate the data into its deliberations. A strong payrolls number would reduce the probability of a rate cut at the October meeting; a weak number would increase it. The report will be one of the most important inputs for the October FOMC alongside the October 14 CPI release. \nFeatured image: Photo by Zoshua Colah on Unsplash.
URL:https://www.financecalendar.com/event/us-employment-situation-non-farm-payrolls-october-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261005T100000
DTEND;TZID=America/New_York:20261005T110000
DTSTAMP:20260826T050414Z
CREATED:20260826T050414Z
LAST-MODIFIED:20260826T050414Z
UID:2283-1791194400-1791198000@www.financecalendar.com
SUMMARY:US ISM Services PMI October 2026
DESCRIPTION:Next US ISM Services PMI: Monday\, October 5\, 2026 at 10:00 am ET (3:00 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\n54.1 (July 2026)\nActual\nPending\n\nFull schedule and background: US ISM Services PMI. \nUpdated August 26\, 2026 \n\n← Previous US ISM Services PMI\nThe US ISM Services PMI is a monthly survey-based index published by the Institute for Supply Management (ISM) that measures activity across the services sector\, which makes up roughly two-thirds of the American economy. The October 2026 release\, covering data for September 2026\, is expected on Monday\, October 5\, 2026 at 10:00am ET (3:00pm London). Full schedule and background: US ISM Services PMI. \nThe Institute for Supply Management has not yet confirmed the exact publication date for this report. ISM typically releases the Services PMI on the third business day of the month following the survey period\, so a date of October 5\, 2026 is an estimate based on that pattern rather than a confirmed schedule. \nWhat is the ISM Services PMI?\nThe ISM Services PMI\, formally called the Services Purchasing Managers’ Index\, is compiled from a survey of purchasing and supply executives at hundreds of service-sector companies\, covering industries such as finance\, retail\, healthcare and real estate. Respondents report whether business activity\, new orders\, employment and supplier deliveries improved\, worsened or stayed the same compared with the previous month. \nThe headline figure is diffusion-based: a reading above 50 signals expansion in the services sector\, while a reading below 50 signals contraction. The further the number sits from 50 in either direction\, the faster the pace of change. Because services make up the bulk of US economic output and employment\, this index is one of the clearer real-time signals of how the domestic economy is holding up\, and it often moves ahead of official government data such as gross domestic product. \nInvestors\, economists and the Federal Reserve all watch the report because it blends activity\, prices paid and employment sub-indices into one release. A sharp move in the prices paid component\, for example\, can shift expectations for inflation and interest rates well before the official Consumer Price Index arrives. \nWhen is the September ISM Services PMI released?\nThe report covering September 2026 activity is expected to be published on Monday\, October 5\, 2026 at 10:00am ET (3:00pm London) by the Institute for Supply Management. The release appears on the ISM’s official website and is distributed simultaneously to financial newswires. As noted above\, ISM has not formally confirmed this date\, and the agency’s usual practice is to publish on the third business day of the month. \nWhat is the consensus forecast?\nA consensus forecast for the September 2026 ISM Services PMI has not yet been published. Economist surveys from outlets such as Reuters and Bloomberg typically appear only in the days immediately before the release. \nThe most recent confirmed reading available is the July 2026 headline index at 54.1\, according to data compiled by MacroMicro from ISM releases\, indicating the services sector remained in expansion territory. The August 2026 print\, due before this October release\, was not yet independently verified at the time of writing. \n\n\n\nMeasure\nPrior (July 2026)\nConsensus (September 2026)\n\n\n\n\nHeadline Services PMI\n54.1\nNot yet published\n\n\nBusiness Activity Index\nNot independently verified\nNot yet published\n\n\nNew Orders Index\nNot independently verified\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\nSeen as a sign of resilient services demand\, which could push back expectations of near-term Federal Reserve rate cuts\, as noted by analysts who track ISM releases for signs of persistent inflation pressure in the services sector\nThe part of the economy where most people work and shop is still growing\, which is generally good for jobs but could keep borrowing costs higher for longer\n\n\nIn line with consensus\nLikely to have limited market impact\, with attention shifting to the sub-indices such as prices paid and employment\nThe economy is behaving broadly as expected\, so day-to-day financial conditions such as mortgage rates are unlikely to shift much on this release alone\n\n\nBelow consensus\nCould be read as an early warning sign of slowing demand\, potentially supporting the case for interest rate cuts\, according to commentary from economists who watch the services index for signs of a broader slowdown\nIf services activity is cooling\, it can eventually mean slower hiring and\, over time\, lower interest rates on loans and mortgages\n\n\n\nWhy does this release matter right now?\nThe Federal Reserve has been weighing how quickly to adjust interest rates as it tries to balance a still-resilient labour market against inflation that has been slow to return fully to target. Services sector strength\, as reflected in recent ISM readings holding above the 50 expansion threshold\, has been one reason policymakers have been able to consider a more measured pace of rate cuts rather than aggressive easing. \nSince the prices paid component of the ISM Services PMI often moves ahead of official inflation data\, any acceleration in this sub-index tends to draw particular attention from bond markets and from Fed officials assessing whether service-sector cost pressures are easing or reaccelerating. \nWhat It Means for Your Money\n\nMortgages and loans: A stronger-than-expected reading can push up expectations for how long the Fed keeps rates elevated\, which tends to keep mortgage and other borrowing costs higher for longer. A weaker reading can have the opposite effect over time.\nSavings: Higher-for-longer rate expectations generally support better returns on savings accounts and money market funds\, at least in the near term.\nJobs and wages: The employment sub-index gives an early signal on hiring trends in services industries such as retail\, healthcare and finance\, sectors that employ a large share of the workforce.\nPrices: The prices paid component offers an early read on cost pressures that can eventually show up in consumer prices\, relevant to anyone budgeting for everyday expenses.\nInvestments\, pensions and currencies: US equity markets\, the dollar and\, by extension\, currencies such as the pound and euro can react to surprises in this data\, since shifts in Fed rate expectations ripple through to global bond yields\, currency pairs and pension fund valuations in the UK\, Europe and Asia.\n\nRelated events\n\nPrevious release: US ISM Services PMI\, September 2026\nUS ISM Manufacturing PMI\, typically released a few business days earlier and covering the factory sector\nUS nonfarm payrolls report\, usually released the same week and closely watched alongside services data for a fuller picture of the labour market\n\nFrequently Asked Questions\nWhat time is the ISM Services PMI released?\nThe report is expected at 10:00am ET\, which is 3:00pm in London\, though ISM has not formally confirmed the October 2026 release date. \nHow do I read the ISM Services PMI number?\nA reading above 50 means the services sector is expanding compared with the previous month\, while a reading below 50 means it is contracting; the distance from 50 shows the pace of change. \nHow does this report affect interest rates?\nThe Federal Reserve monitors the services PMI\, particularly its prices paid and employment components\, as one input into its assessment of inflation and labour market conditions when setting interest rates. \nWhere can I find the official ISM Services PMI release?\nThe Institute for Supply Management publishes the report on its official website\, and it is simultaneously distributed to major financial newswires. \nWhen is the next ISM Services PMI released?\nThe next release typically follows the pattern of publication on the third business day of the following month\, though exact dates are confirmed by ISM closer to the time. \n\n← Previous US ISM Services PMI
URL:https://www.financecalendar.com/event/us-ism-services-pmi-october-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261006T083000
DTEND;TZID=America/New_York:20261006T093000
DTSTAMP:20260825T104621Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104621Z
UID:1334-1791275400-1791279000@www.financecalendar.com
SUMMARY:US International Trade Balance October 2026
DESCRIPTION:Next US International Trade Balance: Tuesday\, October 6\, 2026 at 8:30 am ET (1:30 pm London). Covers September 2026 data. \n\nConsensus\nNot yet published\nActual\nPending\n\nUpdated August 25\, 2026 \n\n← Previous US International Trade BalanceNext US International Trade Balance →\nThe U.S. Bureau of Economic Analysis (BEA) and the U.S. Census Bureau will jointly release the US International Trade in Goods and Services report for August 2026 on Tuesday\, October 6\, 2026\, at 8:30 a.m. Eastern Time. The report\, widely referred to as the trade balance release\, measures the difference in value between US exports and imports of goods and services during the reference month. Consensus forecasts for August 2026 are not yet available at the time of writing\, as estimates are typically published in the week before each release. \nWhat Is the US International Trade Balance Report?\nThe US International Trade in Goods and Services (FT-900) is a joint monthly publication from the BEA and the Census Bureau. It measures the value of all US exports and imports across two broad categories: goods (physical merchandise\, from agricultural products to machinery to consumer goods) and services (travel\, intellectual property\, financial services\, and similar cross-border transactions). The headline deficit or surplus figure is the difference between total exports and total imports. \nThe United States has run a persistent goods trade deficit for decades\, partially offset by a structural surplus in services. In recent years\, the goods deficit has widened significantly\, influenced by tariff policy\, supply chain shifts\, and the relative strength of US domestic demand versus export markets. The trade balance also feeds directly into the national accounts: a widening deficit subtracts from gross domestic product (GDP)\, while a narrowing deficit adds to it\, making this report an important input for GDP estimates. \nThe report is released approximately five weeks after the end of the reference month and is published at 8:30 a.m. Eastern Time on the scheduled release date. Data is subject to revision in subsequent months as additional information becomes available. \nTrade Balance Report: October 6\, 2026\nThe October 6 release will cover August 2026 trade flows. Consensus forecasts are not yet available. The trajectory of the deficit will depend on several factors that will develop between now and August: the pace of US domestic demand\, changes in energy import volumes (influenced by global supply conditions)\, the value of the US dollar\, and the degree to which tariff measures continue to shift import patterns. \nThe most recent available data\, published June 9\, 2026\, showed the goods and services deficit at $60.3 billion in April 2026\, according to the BEA and Census Bureau. This followed a revised deficit of $55.5 billion in March and $57.8 billion in February\, suggesting that the deficit has broadly stabilised in the $55-60 billion range after the volatility seen in late 2025 and early 2026. The December 2025 deficit of $70.3 billion was the largest of recent months\, driven by a surge in goods imports ahead of anticipated tariff changes. \nWhy This Report Matters\nThe trade balance is a key macroeconomic indicator for several reasons. First\, it directly affects GDP: the BEA’s advance GDP estimate incorporates trade data\, so a larger-than-expected deficit subtracts from the headline growth figure. Second\, the report provides insight into the health of US export industries and the competitiveness of US goods in global markets. Third\, the services surplus\, which includes high-value exports such as financial services\, software\, and travel receipts\, reflects the strength of the US services economy. \nFor currency markets\, a persistent and widening goods deficit places structural pressure on the US dollar over time\, as it implies ongoing demand for foreign currency to pay for imports. For commodities markets\, the energy trade balance component reveals how much of the goods deficit is driven by oil and gas imports versus manufactured goods\, a distinction that matters for how policymakers and analysts assess the fundamental drivers of the imbalance. \nThe October 6 release falls in a busy economic data week\, alongside the US Employment Situation (Non-Farm Payrolls) report for October 2026 scheduled for October 2\, just four days earlier. Markets will be processing both reports in rapid succession as they assess the health of the US economy heading into Q4 2026. \nWhat to Watch For\n\nAbove consensus (wider deficit) — A deficit larger than expected would suggest resilient US import demand relative to export performance\, potentially weighing on GDP estimates and the US dollar. Markets would focus on whether the widening is driven by goods (especially consumer imports) or energy\, as each has different policy implications.\nIn line with consensus — A result matching expectations would provide minimal new information. Attention would shift to the breakdown between goods and services\, the energy trade component\, and any notable revisions to prior months’ data.\nBelow consensus (narrower deficit) — A smaller deficit than expected would be positive for GDP estimates and could provide modest support to the US dollar. An improvement driven by export growth would be particularly bullish for international trade-exposed sectors such as industrials\, technology\, and agriculture.\n\nAnalysts will also scrutinise the services trade surplus\, which has been a source of strength for the overall balance. Any deterioration in financial services exports or travel receipts would be a meaningful negative signal for the structural health of the US current account. \nHistorical Context\n\n\n\nRelease Date\nReference Month\nDeficit (Goods & Services)\nvs. Consensus\n\n\n\n\nJune 9\, 2026\nApril 2026\n-$60.3B\nBeat (wider than -$57.9B est.)\n\n\nMay 5\, 2026\nMarch 2026\n-$60.3B\nIn line with -$60.9B est.\n\n\nApril 2\, 2026\nFebruary 2026\n-$57.3B\nBeat (narrower than -$59.2B est.)\n\n\nMarch 2026\nJanuary 2026\n-$54.5B\n—\n\n\nFebruary 2026\nDecember 2025\n-$70.3B\nWidened sharply (pre-tariff surge)\n\n\nJanuary 2026\nNovember 2025\n-$53.0B\n—\n\n\n\nMarket Positioning\nTrade policy has been a significant driver of the trade balance’s volatility in 2025-2026. The December 2025 spike to $70.3 billion reflected a surge in goods imports as US businesses front-loaded purchases ahead of announced tariff changes\, a pattern that subsequently unwound in the January-February 2026 period. Since then\, the deficit has stabilised in the $55-60 billion range\, suggesting that the tariff-related distortions have largely normalised. \nLooking ahead to the October 6 release\, the key question is whether this stabilisation continues or whether new trade policy developments\, shifts in energy prices\, or changes in domestic demand alter the trajectory. The US CPI Report October 2026\, released the week after on October 14\, will provide additional context on whether import price pressures are feeding through to domestic consumer prices. \nRelated Events This Week\n\nUS Employment Situation (Non-Farm Payrolls) October 2026 — The jobs report on October 2 will set the macro backdrop for the week and influence how markets interpret the trade data four days later.\nUS CPI Report October 2026 — The CPI release the following week will show whether import prices are feeding through to consumer inflation.\nFOMC Rate Decision October 2026 — The Federal Reserve’s October meeting will occur later in the month\, with trade balance data forming part of the committee’s assessment of economic conditions.\n\nFrequently Asked Questions\nWhat does the US International Trade Balance report measure?\nThe report measures the difference between the total value of US exports and imports of goods and services during the reference month. A negative figure (deficit) means the US imports more than it exports. It is published jointly by the Bureau of Economic Analysis and the U.S. Census Bureau\, and is formally titled “U.S. International Trade in Goods and Services” (FT-900). \nWhen is the October 2026 trade balance report released?\nThe August 2026 trade balance data will be published on Tuesday\, October 6\, 2026\, at 8:30 a.m. Eastern Time\, by the Bureau of Economic Analysis and the Census Bureau. \nHow does the trade balance affect GDP?\nThe trade balance feeds directly into the GDP calculation via the net exports component. A widening deficit subtracts from GDP growth\, while a narrowing deficit adds to it. This makes the trade balance report an important data point for analysts revising their Q3 or Q4 GDP nowcast estimates around the time of each monthly release.
URL:https://www.financecalendar.com/event/us-international-trade-balance-october-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261007T081500
DTEND;TZID=America/New_York:20261007T091500
DTSTAMP:20260826T050731Z
CREATED:20260826T050731Z
LAST-MODIFIED:20260826T050731Z
UID:2285-1791360900-1791364500@www.financecalendar.com
SUMMARY:US ADP Employment Report October 2026
DESCRIPTION:Next US ADP Employment Report: Wednesday\, October 7\, 2026 at 8:15 am ET (1:15 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nNot yet published\nPrior\n-32\,000 jobs\, pay +4.5% YoY (September 2026)\nActual\nPending\n\nFull schedule and background: US ADP Employment Report. \nUpdated August 26\, 2026 \n\n← Previous US ADP Employment Report\nThe US ADP Employment Report for October 2026 is scheduled for release on Wednesday\, October 7\, 2026 at 8:15 am ET (1:15 pm London). The report\, published monthly by ADP Research in partnership with the Stanford Digital Economy Lab\, covers private-sector payroll changes for the month of October 2026. It is one of the first hard data points on the US labour market each month and often moves ahead of the official government jobs report. Full schedule and background: US ADP Employment Report. \nNote: this event date has not yet been formally confirmed by ADP. ADP typically publishes its National Employment Report on the Wednesday before the US government’s monthly jobs report\, usually the first Wednesday of the month\, so October 7\, 2026 is the expected date based on that pattern. \nWhat is the ADP Employment Report?\nThe ADP National Employment Report estimates the monthly change in private-sector employment across the United States\, using anonymised payroll data from roughly 25 million US workers processed through ADP’s payroll systems. Unlike the government’s Non-Farm Payrolls report\, which surveys businesses and households\, ADP’s figures come directly from actual payroll records\, giving it a different (and sometimes divergent) read on hiring trends. \nThe headline number is the net change in private employment for the month\, expressed in thousands of jobs. Alongside it\, ADP reports annual pay growth\, split between job-stayers and job-changers\, which gives an early signal on wage pressure in the economy. Because the report excludes government employment\, it is a narrower measure than Non-Farm Payrolls\, but its early release date and direct payroll-data methodology mean investors\, economists and central bankers watch it closely as a preview of the labour market’s direction. \nMarkets watch this release because the labour market sits at the centre of the US Federal Reserve’s dual mandate of stable prices and maximum employment. A surprisingly strong or weak ADP print can shift expectations for the Federal Reserve’s next interest rate decision\, move Treasury yields\, and ripple through equity and currency markets within minutes of release. The reaction is often amplified when official government data has been delayed or is seen as less reliable\, which has made ADP’s payroll-based methodology more prominent in the past two years. \nWhen is the October ADP Employment Report released?\nADP is expected to release the October 2026 National Employment Report at 8:15 am ET (1:15 pm London time) on Wednesday\, October 7\, 2026\, through its newsroom at mediacenter.adp.com and via wire services including PR Newswire. As noted above\, ADP has not yet formally confirmed this date; it follows the publisher’s usual practice of releasing the report two days ahead of the US Bureau of Labor Statistics’ Non-Farm Payrolls report\, which is typically issued on the first Friday of the month. \nWhat is the consensus forecast?\nAs of publication\, a consensus forecast for the October 2026 ADP report has not yet been published. Economist surveys for ADP releases are typically compiled by data providers such as Bloomberg and Reuters in the days immediately before release\, so a median forecast will likely appear closer to October 7\, 2026. \nThe most recent published reading\, for September 2026\, showed private-sector employment fell by 32\,000 jobs\, with annual pay up 4.5% year-on-year\, according to ADP’s September 2026 National Employment Report. \n\n\n\nMeasure\nPrior (September 2026)\nConsensus (October 2026)\n\n\n\n\nPrivate payrolls (change)\n-32\,000 jobs\nNot yet published\n\n\nAnnual pay growth\n+4.5% year-on-year\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 hiring)\nCould reduce expectations of near-term Federal Reserve rate cuts\, potentially lifting the dollar and Treasury yields\nMore jobs are being added than expected\, suggesting the economy and labour market remain resilient\n\n\nIn line with consensus\nLimited market reaction expected\, with focus shifting to the official Non-Farm Payrolls report two days later\nThe labour market is behaving broadly as economists anticipated\, offering no major surprise\n\n\nBelow consensus (weaker hiring)\nCould increase bets on Federal Reserve rate cuts\, potentially weighing on the dollar and Treasury yields while supporting equities\nHiring is slowing faster than expected\, a signal that could point to a softening economy\n\n\n\nThese are possible reactions described by market commentators\, not predictions. Actual moves depend on the size of any surprise relative to consensus and on other data released the same week. \nWhy does this release matter right now?\nThe ADP report has taken on added significance through 2026 after several months of weak or negative headline prints\, including a decline of 32\,000 jobs in September\, following gains of 44\,000 in July and 98\,000 in June\, according to ADP’s monthly releases. This slowing pattern has fuelled debate among economists over whether the US labour market is cooling gradually or losing momentum more sharply. \nThe Federal Reserve has repeatedly said it is watching labour market data closely as it weighs the pace of any further interest rate moves. A run of weak ADP prints\, even allowing for the report’s known volatility and its sometimes loose correlation with official Non-Farm Payrolls figures\, adds to the case some policymakers have made for continued caution on rates. Annual pay growth\, running at 4.4% to 4.5% in recent months per ADP data\, remains a secondary focus\, as persistent wage growth above the Fed’s comfort zone could complicate any move toward faster rate cuts even if hiring slows. \nWhat It Means for Your Money\n\nMortgages and borrowing rates: A weak ADP print that raises expectations of Federal Reserve rate cuts can pull down US Treasury yields\, which often feeds through to lower fixed mortgage rates in the US and can influence global borrowing costs\, including for UK and European mortgage-linked products tied to dollar funding markets.\nSavings rates: If markets price in more rate cuts\, the interest banks pay on cash savings accounts and money market funds may fall over time\, while a stronger-than-expected report could keep savings rates higher for longer.\nJobs and wages: The report itself is a direct read on hiring. A weak headline number can be an early sign of a cooling jobs market\, which may eventually mean fewer job openings or slower pay rises\, while a strong number suggests continued hiring demand.\nPrices: Sustained wage growth above 4% can keep upward pressure on prices for services\, since labour costs are a major input for many businesses\, which matters for anyone budgeting against ongoing inflation.\nInvestments and pensions: Equity markets\, including pension holdings in US and global index funds\, tend to react to shifts in rate-cut expectations; a weaker jobs report has historically supported share prices on hopes of cheaper borrowing\, though this is not guaranteed.\nCurrencies: A weak ADP report that lowers US rate expectations typically weakens the dollar against the pound and euro\, making US imports relatively cheaper for UK and eurozone buyers and affecting the cost of dollar-denominated holidays and goods.\n\nRelated events\n\nUS ADP Employment Report\, September 2026\, the previous month’s release\nUS Non-Farm Payrolls report\, typically published by the Bureau of Labor Statistics two days after the ADP report\nUS Federal Reserve interest rate decisions\, which weigh labour market data including the ADP report when setting policy\n\nFrequently Asked Questions\nWhat time is the October 2026 ADP Employment Report released?\nIt is expected at 8:15 am ET\, which is 1:15 pm London time\, on Wednesday\, October 7\, 2026\, though ADP has not yet formally confirmed this date. \nHow should I read the ADP headline number?\nThe headline figure is the estimated net change in private-sector jobs for the month; a positive number means hiring grew\, while a negative number\, as seen in September 2026 with a fall of 32\,000 jobs\, means private payrolls shrank. \nDoes the ADP report move interest rate expectations?\nIt can. Because the Federal Reserve monitors the labour market closely\, a surprisingly weak or strong ADP print can shift market bets on future interest rate moves\, though the government’s Non-Farm Payrolls report\, released a few days later\, usually carries more weight. \nWhere can I find the official ADP release?\nADP publishes the full National Employment Report\, including detailed sector and pay data\, on its newsroom at mediacenter.adp.com\, with the release also distributed via PR Newswire. \nWhen is the next ADP Employment Report after October 2026?\nThe next release will cover November 2026 and is expected in early December 2026\, again typically two days ahead of the US government’s monthly jobs report. \n← Previous US ADP Employment Report
URL:https://www.financecalendar.com/event/us-adp-employment-report-october-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261007T140000
DTEND;TZID=America/New_York:20261007T150000
DTSTAMP:20260826T051057Z
CREATED:20260826T051057Z
LAST-MODIFIED:20260826T051057Z
UID:2287-1791381600-1791385200@www.financecalendar.com
SUMMARY:FOMC Minutes October 2026
DESCRIPTION:Next FOMC Minutes: Wednesday\, October 7\, 2026 at 2:00 pm ET (7:00 pm London). \nDate to be confirmed by the publisher; this is the scheduled date. \n\nConsensus\nA consensus forecast has not yet been published for the minutes' content\nPrior\nHeld at 3.50%-3.75% (July 29\, 2026\, 9-3 vote)\nActual\nPending\n\nFull schedule and background: FOMC Minutes. \nUpdated August 26\, 2026 \n\nThe Federal Reserve publishes the minutes of its September 15 to 16\, 2026 Federal Open Market Committee (FOMC) meeting on Wednesday\, October 7\, 2026\, at 2:00 pm ET (7:00 pm London time). The minutes are a detailed\, non-verbatim account of the discussion that led to the committee’s decision on the federal funds rate\, the Fed’s key overnight lending rate. Full schedule and background: FOMC Minutes. \nUnlike the rate decision itself\, which is announced immediately after the meeting\, the minutes arrive roughly three weeks later. They do not contain a new policy decision. Instead\, they show how individual members argued for their preferred outcome\, how close any vote was\, and how the committee is thinking about the next meeting\, scheduled for October 27 to 28\, 2026. \nWhat is the FOMC and what does it decide?\nThe Federal Open Market Committee is the Federal Reserve’s monetary policy arm. Its job is to set the target range for the federal funds rate\, the rate at which banks lend reserves to each other overnight\, in pursuit of the Fed’s dual mandate of stable prices and maximum employment. Decisions also guide the pace of the Fed’s balance sheet operations. \nThe committee has 12 voting members: the seven Federal Reserve Board governors in Washington\, the president of the Federal Reserve Bank of New York\, who is permanent vice chair\, and four of the remaining 11 regional Reserve Bank presidents on a rotating annual basis. All 19 policymakers\, voters and non-voters alike\, attend every meeting\, debate policy and contribute to the projections published four times a year. \nThe FOMC holds eight scheduled meetings a year\, roughly every six weeks\, with the option to convene emergency meetings if conditions demand it. \nWhen is the October 2026 minutes release?\nThe minutes from the September 15 to 16\, 2026 meeting are released at 2:00 pm ET on October 7\, 2026\, three weeks after the meeting concluded\, in line with the Fed’s usual publication schedule. They are posted on the Federal Reserve’s own website alongside the historical minutes archive. \nBecause September was one of the four meetings a year that include the Summary of Economic Projections\, commonly called the dot plot\, the minutes are likely to give more detail than usual on how members debated their individual rate forecasts for the rest of 2026 and into 2027\, as well as their views on inflation and unemployment. \nWhat to expect\nHeading into the September meeting\, the federal funds target range had stood at 3.50% to 3.75% since the Fed’s most recent adjustment\, having been held at that level through the first half of 2026. The July meeting saw the committee hold rates again\, but with three members dissenting in favour of a hike\, according to CNBC’s coverage of the July decision. That split raised the odds\, discussed by traders using tools such as the CME FedWatch tool\, that September could bring the Fed’s first hike in years rather than another hold. \nBecause the brief for this page does not carry a confirmed outcome for the September 16 decision\, readers should check the Federal Reserve’s official statement for that meeting to see whether the range was held\, raised or lowered. The minutes released on October 7 will explain the reasoning in detail\, including how many members favoured each option and why. \n\n\n\nMeeting\nDecision\nRate after meeting\n\n\n\n\nApril 28 to 29\, 2026\nHold\n3.50% to 3.75%\n\n\nJune 16 to 17\, 2026\nHold\n3.50% to 3.75%\n\n\nJuly 28 to 29\, 2026\nHold (9-3 vote)\n3.50% to 3.75%\n\n\nSeptember 15 to 16\, 2026\nSee official statement\nSee official statement\n\n\n\nMarket impact scenarios\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nHawkish minutes (more members open to a hike or worried about inflation)\nTreasury yields and the dollar could firm\, according to typical trading patterns around Fed communications\nInvestors would price in a higher chance of tighter policy for longer\, which tends to push up borrowing costs\n\n\nDovish minutes (more members focused on labour market weakness)\nYields and the dollar could soften\, with equities often finding support\nMarkets would read this as the Fed leaning towards holding steady or cutting sooner\, easing pressure on borrowers\n\n\nBroadly in line with the post-meeting statement\nLimited market reaction expected\, as little new information is revealed\nThe minutes confirm what was already known\, so prices in bonds\, currencies and shares tend to move only modestly\n\n\n\nWhat will the minutes signal?\nAnalysts will scan the minutes for three things. First\, the balance of opinion on the size and direction of any near-term rate move\, and whether the debate that produced three dissents in July persisted into September. Second\, how members characterised inflation risks\, particularly any references to tariffs\, energy prices or the conflict in the Middle East\, a theme Fed Chair Kevin Warsh raised in his July press conference. Third\, any discussion of the pace of balance sheet runoff\, known as quantitative tightening\, and whether officials flagged concerns about money market liquidity. \nBecause September is a projections meeting\, the minutes typically include a fuller account of how the dot plot\, the anonymous chart of each member’s own rate forecast\, was constructed\, and where disagreements lay about the path into 2027. \nWhat It Means for Your Money\nThe Fed’s rate decisions and its minutes both feed into how expensive it is to borrow. If the minutes suggest the committee is leaning towards holding rates high or hiking further\, mortgage rates\, both in the US and indirectly through global bond markets affecting UK and eurozone lenders\, could stay elevated or rise. Adjustable-rate mortgages and credit card rates in the US are most directly tied to the federal funds rate. \nSavers with US dollar deposit accounts benefit when rates stay higher for longer\, though a hawkish tone can also unsettle stock markets\, affecting pension pots and investment portfolios that hold US equities. A stronger dollar\, often the market reaction to hawkish minutes\, makes imports cheaper for Americans but can squeeze companies and consumers in the UK\, Europe and Asia that buy in dollars\, including energy and commodities. A weaker dollar\, following dovish minutes\, tends to support the pound and the euro and can ease imported inflation pressures abroad. \nFor anyone with a mortgage due for renewal\, a loan application in progress\, or a pension invested in global funds\, the minutes are worth watching not because they set policy directly\, but because they shape expectations for the Fed’s next move on October 27 to 28\, 2026\, which does set policy. \nRelated events\n\nThe next scheduled FOMC rate decision is due on October 28\, 2026.\nUS inflation data (CPI) released ahead of the October meeting will factor heavily into the committee’s discussion.\nThe non-farm payrolls report\, covering the US labour market\, is another key release the Fed weighs before its next decision.\n\nFrequently Asked Questions\nWhat time are the October 2026 FOMC minutes released?\nThe minutes are published at 2:00 pm ET (7:00 pm London time) on October 7\, 2026\, on the Federal Reserve’s website. \nDo the minutes contain a new interest rate decision?\nNo. The minutes are a detailed account of the discussion behind the decision already announced at the September 15 to 16\, 2026 meeting; they do not change policy. \nWhat is the current federal funds rate?\nHeading into the September 2026 meeting\, the target range stood at 3.50% to 3.75%. Readers should check the Fed’s official statement from September 16\, 2026 for the confirmed rate after that meeting. \nWhen is the next FOMC meeting?\nThe next scheduled meeting runs from October 27 to 28\, 2026\, with the rate decision announced at 2:00 pm ET on October 28. \nWhere can I read the minutes in full?\nThe full text is published on the Federal Reserve’s own website\, federalreserve.gov\, under monetary policy releases.
URL:https://www.financecalendar.com/event/fomc-minutes-october-2026/
CATEGORIES:Central Banks & Monetary Policy
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261008T083000
DTEND;TZID=America/New_York:20261008T093000
DTSTAMP:20260826T051150Z
CREATED:20260826T051149Z
LAST-MODIFIED:20260826T051150Z
UID:2289-1791448200-1791451800@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: October 8\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Thursday\, October 8\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\nClaims broadly below 200\,000 in recent weekly readings\nActual\nPending\n\nFull schedule and background: US Initial Jobless Claims. \nUpdated August 26\, 2026 \n\n← Previous US Initial Jobless Claims\nThe US Department of Labor releases its weekly Initial Jobless Claims report on Thursday\, October 8\, 2026\, at 8:30 am ET (1:30 pm London time). Initial jobless claims count the number of people filing for unemployment benefits for the first time\, and this release covers the week ending October 3\, 2026. It is one of the most timely gauges of the US labour market\, published every week regardless of other data on the calendar. Full schedule and background: US Initial Jobless Claims. \nWhat is the consensus forecast?\nAs of publication\, a consensus forecast has not yet been published for the week ending October 3\, 2026. Economists’ estimates typically firm up in the day or two before release\, once tracked on services such as the Investing.com economic calendar. In recent months\, weekly initial claims have generally held below 200\,000\, a level analysts at Staffing Industry Analysts describe as showing a resilient labour market\, with the four-week moving average recently at its lowest since September 2022. Continuing claims\, which count people still receiving benefits after their first week\, have been drifting higher\, a pattern Trading Economics links to a labour market that is cooling gradually rather than sharply. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nInitial claims\nHeld broadly below 200\,000 in recent weekly readings\nNot yet published\n\n\nContinuing claims\nTrending gradually higher\, near 1.8 million\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\nTraders may see it as a sign of labour market softening\, supporting bets on interest rate cuts\nMore people lost jobs and applied for benefits than expected\n\n\nIn line with consensus\nLimited market reaction\, as the data confirms existing expectations\nClaims came in close to what economists predicted\n\n\nBelow consensus\nSeen as a sign of continued labour market strength\, which could reduce expectations of rate cuts\nFewer people than expected filed for unemployment benefits\n\n\n\nWhy it matters this week\nJobless claims data feeds directly into how investors read the health of the US economy and\, by extension\, what the Federal Reserve might do with interest rates. The Fed watches the labour market closely because a rise in claims can be an early warning of rising unemployment\, which could prompt policymakers to cut rates to support growth. A run of low claims\, on the other hand\, can suggest the economy remains resilient\, which may keep the Fed more cautious about cutting rates too quickly. \nBecause this is a weekly release rather than a monthly headline figure like non-farm payrolls\, any single week’s number is noisy and can be affected by seasonal factors\, holidays or one-off layoffs at individual firms. Economists and traders typically place more weight on the four-week moving average than on any single week’s print. \nWhat It Means for Your Money\nFor most people\, a single week of jobless claims data will not change mortgage rates\, savings rates or job prospects overnight. But sustained increases in claims over several weeks can shift expectations for Federal Reserve interest rate decisions\, which in turn affects mortgage rates\, credit card interest and the returns on savings accounts. \nIf claims rise steadily and markets start pricing in rate cuts\, mortgage rates and other borrowing costs could ease over time\, while returns on cash savings may fall. If claims stay low\, borrowing costs are more likely to stay elevated for longer\, and the US dollar could hold its value against currencies such as the pound and the euro\, since higher rates tend to attract international investors seeking better returns. \nFor anyone with a pension or investment portfolio\, weekly claims data is one of many inputs that can move stock and bond markets in the short term\, but it is rarely\, on its own\, the reason for a significant change in long-term investment strategy. \nFrequently Asked Questions\nWhat time is the October 8 jobless claims report released?\nThe report is released at 8:30 am ET\, which is 1:30 pm London time\, on Thursday\, October 8\, 2026. \nWhat counts as a big surprise in jobless claims data?\nThere is no fixed threshold\, but a move of several thousand claims away from the consensus forecast\, or a break from the recent trend\, is generally seen as significant enough to move markets. \nWhen is the next jobless claims report?\nThe Department of Labor publishes initial jobless claims every Thursday\, so the next report follows one week after this release. \n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-october-8-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261009T083000
DTEND;TZID=America/New_York:20261009T093000
DTSTAMP:20260825T132815Z
CREATED:20260825T132815Z
LAST-MODIFIED:20260825T132815Z
UID:2179-1791534600-1791538200@www.financecalendar.com
SUMMARY:Canada Labour Force Survey October 2026
DESCRIPTION:Next Canada Labour Force Survey: Friday\, October 9\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\n6.4% unemployment; +75\,000 jobs (July 2026\, most recent confirmed print)\nActual\nPending\n\nFull schedule and background: Canada Labour Force Survey. \nUpdated August 25\, 2026 \n\nStatistics Canada publishes the Labour Force Survey for October 9\, 2026\, at 8:30 am ET (1:30 pm London time). This monthly report covers labour market conditions in September 2026\, including employment\, unemployment and wage data for the country. Full background and the release schedule are available on the Canada Labour Force Survey hub page. \nWhat is the Labour Force Survey?\nThe Labour Force Survey (LFS) is Canada’s main monthly gauge of the job market. Statistics Canada interviews roughly 56\,000 households (about 100\,000 people) to estimate how many Canadians are working\, looking for work\, or have left the labour force entirely. It is the only source of timely\, monthly employment and unemployment figures for the country\, and it feeds directly into decisions at the Bank of Canada and in federal and provincial budget planning. \nThe headline figures are the change in employment (the net number of jobs added or lost that month) and the unemployment rate\, which is the share of the labour force that is without work but actively looking. Statistics Canada also reports the employment rate (the share of the population aged 15 and over that is employed)\, the participation rate\, average hourly wages\, and a breakdown by age\, sex\, province\, industry and full-time versus part-time work. \nMarkets watch the LFS closely because it is one of the clearest real-time signals of how the Canadian economy is coping with interest rates\, trade conditions and consumer demand. A weakening labour market tends to raise the odds of interest rate cuts by the Bank of Canada\, while persistent strength can keep rates higher for longer. \nWhen is the September 2026 Labour Force Survey released?\nThe September 2026 Labour Force Survey is scheduled for release on Friday\, October 9\, 2026\, at 8:30 am ET (1:30 pm in London). Statistics Canada publishes the report through its Daily bulletin on the statcan.gc.ca website\, alongside detailed data tables covering provinces\, industries and demographic groups. \nWhat is the consensus forecast?\nA consensus forecast for the September 2026 report has not yet been published at the time of writing. Forecasts from economists at Canada’s major banks and from Bloomberg and Reuters surveys typically appear in the days immediately before the release\, once August trade\, GDP and other partial indicators are known. \nThe most recent confirmed Labour Force Survey print available at the time of writing is for July 2026\, released on August 7\, 2026. That report showed employment rising by 75\,000 (0.4%) and the unemployment rate falling 0.1 percentage points to 6.4%\, described by Statistics Canada as “the lowest rate since July 2024”\, according to Statistics Canada’s Weekly Review. An August 2026 report\, covering the month immediately before this release’s reference period\, would ordinarily have appeared in early September 2026\, and readers should check the official StatCan release for the latest confirmed figures before this report lands. \n\n\n\nMeasure\nMost recent confirmed reading\nConsensus\n\n\n\n\nEmployment change\n+75\,000 (July 2026)\nNot yet published\n\n\nUnemployment rate\n6.4% (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\nAbove consensus (stronger jobs\, lower unemployment)\nBond yields and the Canadian dollar could firm as traders trim expectations of Bank of Canada rate cuts\nMore people found work than expected\, which points to a resilient economy but could also mean borrowing costs stay higher for longer\n\n\nIn line with consensus\nLimited market reaction\, since the data confirms what was already priced in\nThe labour market is behaving broadly as expected\, so there is little new information for households or investors\n\n\nBelow consensus (weaker jobs\, higher unemployment)\nMarkets often price in a higher chance of a Bank of Canada rate cut\, and the Canadian dollar can soften\nFewer jobs than expected suggests the economy is cooling\, which can eventually filter through to slower wage growth and softer consumer spending\n\n\n\nThese are possible market reactions\, not predictions. Analysts at Canadian bank economics desks\, including TD Economics\, regularly caution that a single month’s data can be noisy and that the Bank of Canada looks at trends across several releases rather than one report in isolation. \nWhy does this release matter right now?\nThe Bank of Canada has spent much of 2026 watching the labour market for signs of how well the economy is absorbing higher borrowing costs and shifting trade conditions\, including new US tariffs that took effect in 2026. According to TD Economics\, the unemployment rate fell to 6.4% in July 2026\, “its lowest level in two years”\, even as the bank flagged tariff-related risks to the outlook. \nThrough the first half of 2026 the unemployment rate moved between roughly 6.4% and 6.9%\, with employment growth uneven from month to month\, according to Statistics Canada’s Daily releases for April and June 2026. That volatility means each new Labour Force Survey print carries extra weight for anyone trying to judge whether the Bank of Canada is closer to holding\, cutting or raising its policy rate. \nWhat It Means for Your Money\n\nMortgages and borrowing costs: a weaker-than-expected jobs report can increase the chance that the Bank of Canada cuts its policy rate\, which over time can lower rates on variable mortgages\, home equity lines of credit and other borrowing. A stronger report can do the opposite.\nSavings: Canadian savings account and guaranteed investment certificate (GIC) rates tend to track the Bank of Canada’s policy rate\, so a softer labour market that raises the odds of rate cuts can mean lower returns on cash savings in the months ahead.\nJobs and wages: the report itself is a direct read on hiring\, layoffs and wage growth. A slowing labour market can mean it takes longer to find work or negotiate a pay rise\, while a tightening one can support faster wage gains.\nInvestments and pensions: Canadian equities\, especially banks and consumer-facing companies\, and government bond yields often move on the day of release\, which can affect the value of pension funds and other investments with Canadian exposure.\nCurrencies: the Canadian dollar (loonie) often reacts within minutes of the release. A weak report can push the loonie lower against the US dollar\, the pound and the euro\, which affects the cost of imports and of foreign travel for Canadians\, and the returns UK and European investors see when converting Canadian assets back into their home currency.\n\nRelated events\n\nStatistics Canada’s monthly Consumer Price Index release\, which the Bank of Canada weighs alongside labour market data when setting interest rates\nThe Bank of Canada’s interest rate decisions\, which respond in part to trends in employment and unemployment\nThe United States’ monthly Employment Situation report\, released on a similar schedule and closely watched by Canadian markets given the size of cross-border trade\n\nFrequently Asked Questions\nWhat time is the September 2026 Canada Labour Force Survey released?\nStatistics Canada publishes the report at 8:30 am ET\, which is 1:30 pm in London\, on Friday\, October 9\, 2026. \nHow should I read the headline numbers?\nFocus on the employment change (net jobs added or lost) and the unemployment rate together\, since a falling unemployment rate driven by people leaving the labour force altogether can look different from one driven by strong hiring. \nHow does this report affect Bank of Canada interest rate decisions?\nThe Bank of Canada uses the Labour Force Survey\, alongside inflation and wage data\, to judge how much slack remains in the economy\, which feeds directly into its decisions on whether to hold\, cut or raise its policy rate. \nWhere can I find the official release?\nThe report is published on Statistics Canada’s website through The Daily\, with detailed data tables in the associated CANSIM/data tables. \nWhen is the next Labour Force Survey released?\nStatistics Canada typically releases the Labour Force Survey on the first Friday of each month\, so the following report\, covering October 2026 data\, is expected in early November 2026\, subject to confirmation on the official release schedule.
URL:https://www.financecalendar.com/event/canada-labour-force-survey-october-2026/
CATEGORIES:Economic Indicators
END:VEVENT
END:VCALENDAR