Global Economic Update: Key Data to Watch
The week of September 29 – October 3, 2025, is pivotal for traders and investors as they eagerly await crucial economic data releases. Manufacturing data, central bank speeches, and U.S. jobs data are among the key highlights that will shape market trends.
Economic Calendar Overview
The economic calendar for the week is packed with significant data releases from around the world. Here’s a breakdown of what to expect:
Monday, September 29
- Euro Area: Industrial Sentiment for September is expected to be -10.9, slightly worse than the previous -10.3.
- USA: Federal Reserve officials, including Waller and Hammack, are scheduled to give speeches, which may provide insights into the Fed’s future monetary policy decisions.
Tuesday, September 30
- China: The NBS Manufacturing PMI for September is forecasted to be 49.6, a slight improvement from 49.4 in the previous month.
- Thailand: Industrial Production YoY for August is expected to show a decrease of -2%, improving from -3.98% previously. Retail Sales YoY for July was 30.5%.
- Euro Area: ECB President Lagarde’s speech could influence eurozone monetary policy expectations.
- USA: JOLTs Job Openings for August are expected to be around 7.1 million, slightly less than the 7.181 million reported previously.
Wednesday, October 1
- Thailand: The S&P Global Manufacturing PMI for September will provide insights into the manufacturing sector’s health.
- Japan: The Tankan Large Manufacturers Index for Q3 is forecasted to be 15, up from 13.
- Euro Area: The Inflation Rate YoY Flash for September is expected to be 2.3%, up from 2%, and the Core Inflation Rate YoY Flash is forecasted to remain at 2.3%.
- USA: The MBA 30-Year Mortgage Rate for September 26 was 6.34%. The ISM Manufacturing PMI for September is expected to be 49.2, slightly better than the previous 48.7. The EIA Crude Oil Stocks Change for September 26 showed a decrease of -0.607M.
Thursday, October 2
- Japan: BoJ Uchida’s speech may offer clues about the Bank of Japan’s future policy directions.
- USA: Initial Jobless Claims for September 27 are expected to be around 220K, slightly higher than the 218K reported previously.
Friday, October 3
- Japan: The Unemployment Rate for August is expected to be 2.4%, up from 2.3%. BoJ Uchida is scheduled to give another speech.
- Thailand: Business Confidence for September will be released.
- USA: Non-Farm Payrolls for September are forecasted to be 23K, slightly higher than the 22K previously. The Unemployment Rate for September is expected to remain at 4.3%. The ISM Services PMI for September is forecasted to be 52, unchanged from the previous month.
Conclusion
The week ahead is filled with critical economic data that will have significant implications for global markets. Investors and traders will be closely watching these releases to make informed decisions about their investments. The speeches by central bank officials, manufacturing data, and jobs reports will provide valuable insights into the health of the global economy and potential future trends. As the world navigates through economic uncertainties, staying updated with the latest data releases is essential for making strategic investment decisions.
