- OPEC and Non OPEC Ministerial Meeting (September 1st)
At a virtual meeting OPEC+ will discuss whether to make any alterations to the current deal agreed last month of adding 400,000 bpd to production from September.
Possible Influence: Volatile Brent and Crude Oil (WTI) prices
- US ISM Manufacturing PMI (August) (September 1st at 15:00 GMT+1)
July’s PMI printed at 59.5. The consensus forecast for August is 58.5.
Possible influence: Volatile US Dollar, Gold and US Stocks
- The Reserve Bank of Australia Meeting (September 7th at 5:30 GMT+1)
Current rates in Australia are 0.10%. The bank is expected to leave rates unchanged.
Possible Influence: Volatile AUDUSD
- Bank of Canada Meeting (September 8th at 16:00 GMT+1)
The current rate is 0.25% and is expected to remain at this level.
Possible Influence: Volatile USDCAD
- European Central Bank Interest Rate Decision (September 9th at 13:45 GMT+1)
ECB set to meet to discuss interest rates. No change in deposit rate expected currently at -0.50%.
Possible Influence: Volatile Euro
- U.S. Unemployment Rate and Non-Farm Payrolls (NFP) (August) (September 3rd at 13:30 GMT+1)
The Unemployment rate for July was 5.4%. It is expected to fall to 5.2% in August. Non-Farm Payrolls are expected to fall to 728,000 for August, lower than July’s figure of 943,000.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Inflation data in US (August) (September 14th at 13:30 GMT+1)
Core CPI (excluding food and energy) was 4.3%, Year-over-Year in July. August’s Core CPI is expected to remain the same at 4.3%, Year-over-Year.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Retail Sales in US (August) (September 16th at 13:30 GMT+1)
Retail Sales fell 1.1%, Month-over-Month, in July. Retail Sales for August are forecast to drop 0.3%, Month-over-Month.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Bank of Japan Meeting (September 21st at 00:30 GMT+1)
Current rates are -0.10%. The BoJ is expected to leave rates unchanged.
Possible Influence: Volatile USDJPY
- US Federal Reserve Meeting (September 21st-22nd)
The U.S. Federal Reserve FOMC will hold its September meeting to decide on short term interest rates and whether or not to adjust the current Quantitative Easing Program that currently buys $120 billion per month in Treasuries and Mortgage Backed Securities.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Bank of England Meeting (September 23rd at 12:00 GMT+1)
The current rate is 0.10% and is expected to remain at this level. The bank will also discuss whether and when to modestly reduce its support to the UK economy via bond buying (QE).
Possible Influence: Volatile GBPUSD
- U.S. Fiscal Spending (September)
The United States Congress will be working on moving two major fiscal bills forward. They are a $3.5 trillion budget bill and a $1.2 trillion infrastructure bill. The Democratic Leadership in both Houses of Congress will need to thread a needle to keep both the moderate and progressive wing of their party happy.
Possible Influence: Volatile US Stocks and Indices, Global Stocks and Indices, Commodities, Currencies
- Iranian and US negotiations on nuclear deal (September)
The talks to revive the Iranian Nuclear deal remain in limbo. There is nothing formal scheduled for September at the time of this writing.
Possible Influence: Volatile Brent, Crude Oil prices