Germany's August import prices beat expectations
German import prices rose more than expected in August, with both monthly and annual readings exceeding forecasts.
Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
German import prices rose more than expected in August, with both monthly and annual readings exceeding forecasts.
German September CPI is seen accelerating to 3.1% y/y, driven by energy costs. Focus falls on core inflation for signals on the ECB's policy path.
Oil slips, yen firms, Nikkei up 1.0% despite weak data; Australian CPI rises 4.0%, China PMIs beat.
JPMorgan CEO Jamie Dimon argues the dollar's reserve currency role relies on a strong US economy and urges Washington to complete trade deals with allies.
China's September manufacturing PMI rose to 52.1, beating expectations, while services also exceeded forecasts.
Australia's headline CPI rose to 4% in August, meeting economists' expectations and accelerating from the prior 3.5%.
China's official manufacturing PMI met expectations at 50.1 in September, while non-manufacturing and composite readings also improved.
ANZ's September survey shows NZ business confidence easing to +52, with late responses hit by higher oil prices. Inflation expectations held at 3.25%.
Japan's August factory output fell 1.7% against a forecast rise, and retail sales growth slowed, complicating the outlook for near-term BoJ rate increases.
Fed's Williams sees no urgency for an October rate hike, lowering market odds to below 50% from 70% last week.
Federal Reserve officials turned hawkish on Tuesday, but Williams said there is no urgency for another hike after September's increase.
Australia's August CPI is due one day after the RBA's 25bp rate rise, with headline inflation forecast at 4.0% and trimmed mean steady at 3.6%.
China's official manufacturing PMI is expected to rise above 50 in September, while private-sector surveys show a mixed picture ahead of the holiday.
Chinese PMIs and Australian CPI lead Asia's economic calendar on September 30.
Chicago Fed President Goolsbee warns the Fed's 5.5 years above inflation target is risky, calling for a supply-shock policy rethink.