Today’s macro calendar is packed with key releases that could shake the markets ahead of next week’s Fed meeting 💥
🇺🇸 The spotlight is on the delayed U.S. CPI report for September — data that will guide the Fed’s next interest rate move.
Adding to the mix are preliminary PMI figures from Europe, the UK and the U.S., giving investors a fresh look at global business activity 📈
Meanwhile, the U.S. government remains shut down for a fourth week, keeping several agencies — including the Bureau of Labor Statistics — partially frozen 🕒
Still, due to the high importance of inflation data, the BLS confirmed the CPI would be released with delay.
🕘 Key releases to watch today (BST):
🇫🇷 08:15 — France PMI (Services 48.7, Manufacturing 48.2)
🇩🇪 08:30 — Germany PMI (Services 51.1, Manufacturing 49.5)
🇪🇺 09:00 — Eurozone PMI (Services 51.2, Manufacturing 49.8)
🇬🇧 09:30 — UK PMI (Services 51.0, Manufacturing 46.6)
🇺🇸 13:30 — U.S. CPI for September (YoY 3.1%, MoM 0.4%)
🇺🇸 14:45 — U.S. PMI Data
🇺🇸 15:00 — University of Michigan Sentiment (forecast 55.0)
The results could set the tone for markets into the weekend — and the Fed’s next move next week 🔥
💬 Stay alert, follow the data, and trade smart with NordFX!
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