Global Weekly Preview: All eyes on US jobs as markets juggle global data storm

Global markets enter a packed but shortened US week with August jobs data firmly in focus. Investors will look for confirmation on whether the labor market slowdown flagged in earlier reports continues, with payrolls, unemployment, wages, and job openings all on deck. ISM PMIs and trade figures will add depth to the growth outlook. Canada will also post labor and trade data alongside key PMI releases, while Brazil’s GDP and industrial figures round out the Americas.

Europe awaits inflation pulse, UK retail rebound in focus

In Europe, inflation numbers from the Eurozone and Switzerland will be watched closely after mixed signals across member states. Germany’s factory orders and regional retail sales will provide fresh insights into consumer and industrial trends, while labor data for the Euro Area, Italy, and Spain could test optimism. Turkey is set for a strong GDP reading, paired with easing inflation, while the UK eyes a rebound in retail sales, alongside updates on housing and lending.

Asia looks to PMIs and GDPs for growth signals

Across Asia, China’s PMIs will reveal the impact of Beijing’s latest economic support efforts, with services expected to stay more resilient than manufacturing. Japan will release spending and wage data, while Australia highlights its GDP and trade numbers. Elsewhere, South Korea, Malaysia, and Southeast Asia will deliver GDP, trade, inflation, and PMI reports, giving investors a broad read on regional growth momentum.

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