What’s Ahead: Weekly Macroeconomic Calendar for September 29 – October 3, 2025

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This week promises to be busy, though without "explosive" central bank meetings. On the agenda are key US labor market data, Eurozone inflation, and a block of Purchasing Managers' Index (PMI) reports from China, the UK, the Eurozone, and the US. The busiest days will be Tuesday and, of course, Friday, which traditionally concludes the week with a powerful block of American statistics. Prepare for local volatility and opportunities for targeted trades!

Monday, September 29

United States
● 5:15 p.m. GMT: US President Trump's Speech. The head of state's statements can cause short-term movements, especially concerning the dollar or stock indices.

Tuesday, September 30

China
● 1:30 a.m. GMT: Manufacturing Purchasing Managers' Index (PMI) (Sept). (Fcast. 49.6; Prev. 49.4). An indicator of the health of China's industrial sector. Affects sentiment towards risk assets.

Australia:
● 4:30 a.m. GMT: Interest Rate Decision (Sept). (Fcast. 3.60%; Prev. 3.60%). If the rate remains unchanged, the market will look for signals in the central bank's accompanying statement.

United Kingdom:
● 6:00 a.m. GMT: GDP (QoQ) (Q2). (Fcast. 0.3%; Prev. 0.3%). An important indicator of economic growth. A deviation from the forecast will affect the pound.
6:00 a.m. GMT: GDP (YoY) (Q2). (Fcast. 1.2%; Prev. 1.2%). The overall annual dynamics of the UK economy.

United States:
● 2:00 p.m. GMT: CB Consumer Confidence (Sept). (Fcast. 95.3; Prev. 97.4). An indicator of consumer sentiment, impacting the dollar and the stock market.
2:00 p.m. GMT: JOLTS Job Openings (Aug). (Fcast. 7.150M; Prev. 7.181M). Reflects the strength of the US labor market. Important for the dollar.

Wednesday, October 1

Eurozone:
● 9:00 a.m. GMT: Consumer Price Index (CPI) (YoY) (Sept). (Fcast. 2.2%; Prev. 2.0%). Preliminary Eurozone inflation. Higher than forecast is positive for the euro.

United States:
● 12:15 p.m. GMT: ADP Non-Farm Employment Change (Sept). (Fcast. 53K; Prev. 54K). A leading indicator of the US labor market, a precursor to official Non-Farm Payrolls.
1:45 p.m. GMT: Manufacturing Purchasing Managers' Index (PMI) (Sept). (Fcast. 52.0; Prev. 52.0). An indicator of activity in the US manufacturing sector.
2:30 p.m. GMT: Crude Oil Inventories. (Fcast. -0.607M). Influences oil prices and, indirectly, the currencies of exporting countries.

Thursday, October 2

Switzerland
● 6:30 a.m. GMT: Swiss Consumer Price Index (CPI) (MoM) (Sept). (Fcast. -0.2%; Prev. -0.1%). Inflation data for Switzerland, affecting the franc.

United States
●12:30 p.m. GMT: Initial Jobless Claims. (Fcast. 229K; Prev. 218K). Another indicator of the health of the US labor market.

Friday, October 3

Eurozone
●8:00 a.m. GMT: S&P Global Composite Purchasing Managers' Index (PMI) (Sept). (Fcast. 51.2; Prev. 51.2). A broad indicator of Eurozone economic activity.
●8:00 a.m. GMT: Services Purchasing Managers' Index (PMI) (Sept). (Fcast. 51.4; Prev. 51.4). Dynamics in the key sector of the Eurozone economy.

United States:
● 12:30 p.m. GMT: Average Hourly Earnings (MoM) (Sept). (Fcast. 0.3%; Prev. 0.3%). An important inflation indicator.
12:30 p.m. GMT: Non-Farm Employment Change (Sept). (Fcast. 51K; Prev. 22K). THE MAIN EVENT OF THE WEEK! Will set the tone for the dollar market.
12:30 p.m. GMT: Unemployment Rate (Sept). (Fcast. 4.3%; Prev. 4.3%). To be viewed in conjunction with employment change.
1:45 p.m. GMT: Services Purchasing Managers' Index (PMI) (Sept). (Fcast. 53.9; Prev. 53.9). Reflects dynamics in the largest sector of the US economy.
2:00 p.m. GMT: ISM Non-Manufacturing PMI (Sept). (Fcast. 52.0; Prev. 52.0). A comprehensive indicator of the health of the services sector, strongly influencing the dollar.

Tips for traders


 ● Prioritize US data: Especially on Friday. These releases are capable of setting the main tone for movements in global markets.
 ● Be prepared for volatility: At the moment of key news releases, markets can show sharp movements. Use adequate stop-losses.
 ● Analyze the context: Look not only at the figures but also at overall market expectations and the rhetoric of central banks.
 ● Manage risks: During periods of high uncertainty or before major releases, review the size of your positions or consider staying out of the market.