September 8 – September 12, 2025 Economic report and policy meetings
Monday, September 8th
Australia: Westpac Consumer Confidence Change – Sept, Westpac Consumer Confidence Index – Sept, NAB Business Confidence – Aug
Euro-Zone:
France: Vote of No-Confidence on PM Francois Bayrou
Germany: Balance of Trade – Jul, Exports (MoM) – Jul, Industrial production (MoM) – Jul, Imports (MoM) – Jul
Spain: Consumer Confidence – Jul
Japan: Eco Watchers Survey Current – Aug, Eco Watchers Survey Outlook – Aug
New Zealand: Manufacturing Sales (YoY) – Q2
Singapore: Foreign Exchange Reserves – Aug
U.K.: BRC Retail Sales Monitor (YoY) – Aug
U.S.: Used Car Pries (MoM) – Aug, Used Car Pries (YoY) – Aug, Consumer Inflation Expectations – Aug, Consumer Credit Change – Jul, 3-month Bill auction, 6-month Bill auction
Tuesday, September 9th
China: Inflation Rate (YoY) – Aug, Inflation Rate (MoM) – Aug, PPI (YoY) – Aug
Euro-Zone: ECB Montagner Speech, ECB Machado Speech
France: Industrial production (MoM) – Jul
Germany: Bundesbank Nagel Speech
Japan: Machine Tool Orders (YoY) – Aug
Korea: Unemployment Rate – Aug
Mexico: Inflation Rate (MoM) – Aug, Inflation Rate (YoY) – Aug, Auto Exports (YoY) – Aug, Auto Production (YoY) – Aug, Core Inflation Rate (MoM) – Aug, Core Inflation Rate (YoY) – Aug, Foreign Exchange Reserves – Aug
South Africa: GDP Growth Rate (QoQ) – Q2, GDP Growth Rate (YoY) – Q2
U.K.: BoE Breeden Speech
U.S.: NFIB Business Optimism Index – Aug, Non-Farm Payrolls Annual Revision, API Crude Oil Stock Change – Sept/05, 3-Year Note auction
Wednesday, September 10th
Australia: Consumer Inflation Expectations – Sept, RBA Connolly Speech
Brazil: Inflation Rate (MoM) – Aug, Inflation Rate (YoY) – Aug
Euro-Zone: ECB Buch Speech
Italy: Industrial Production (MoM) – Jul, Industrial Production (YoY) – Jul
Spain: Industrial Production (YoY) – Jul
Japan: Reuters Tankan Index – Sept, BSI Large Manufacturing (QoQ) – Q3, PPI (MoM) – Aug, PPI (YoY) – Aug
Mexico: Consumer Confidence – Aug
Switzerland: SNB Schlegel Speech
U.K.: RICS House Price Balance – Aug
U.S.: PPI (MoM) – Aug, Core PPI (MoM) – Aug, Core PPI (YoY) – Aug, PPI – Aug, PPI Ex Food, Energy and Trade (MoM) – Aug, PPI Ex Food, Energy and Trade (YoY) – Aug, PPI (YoY) – Aug, Wholesale Inventories (MoM) – Jul, Wholesale Trade Sales (MoM) – Jul, 17-Week Bill auction, 10-Year Note auction
Thursday, September 11th
Australia: RBA Jones Speech
Brazil: Retail Sales (MoM) – Jul, Retail Sales (YoY) – Jul, Business Confidence – Sept
China: Vehicle Sales (YoY) – Aug
Euro-Zone: ECB Donnery Speech, ECB Deposit Facility Rate, ECB Interest Rate Decision, Marginal Lending Rate, ECB Press Conference, ECB Staff Macroeconomic Projections
France: IEA Oil Market Report
Germany: Current Account – Jul
Italy: BTP Auction
Mexico: Industrial Production (MoM) – Jul, Industrial Production (YoY) – Jul
New Zealand: Business NZ PMI – Aug, Electronic Retail Card Spending (MoM) – Aug, Electronic Retail Card Spending (YoY) – Aug
South Africa: Current Account – Q2, Gold Production (YoY) – Jul, Mining Production (MoM) – Jul, Mining Production (YoY) – Jul, Manufacturing Production (MoM) – Jul, Manufacturing Production (YoY) – Jul
U.S.: CPI (MoM) – Aug, CPI (YoY) – Aug, CPI Ex-Food and Energy (MoM) – Aug, CPI Index NSA – Aug, CPI Core Index SA – Aug, Real Avg Hourly Earnings (YoY) – Aug, , Real Avg Weekly Earnings (YoY) – Aug, Initial Jobless Claims – Sept/06, Initial Claims 4-week Moving Avg – Sept/06, Continuing Claims – Aug 30th, Household Change in Net Worth – 2Q, Federal Budget Balance – Aug, 4-week Bill auction, 8-week Bill Auction, 30-Year Bond auction
Friday, September 12th
Canada: Building Permits (MoM) – Jul, Capacity Utilization – Q2
China: New Yuan Loans – Aug, M2 Money Supply (YoY) – Aug, Outstanding Loan Growth (YoY) – Aug
Euro-Zone:
France: Harmonized Inflation Rate (MoM) Final – Aug, Harmonized Inflation Rate (YoY) Final – Aug, Inflation
Rate (MoM) Final – Aug, Inflation Rate (YoY) Final – Aug
Germany: Harmonized Inflation Rate (MoM) Final – Aug, Harmonized Inflation Rate (YoY) Final – Aug, Inflation Rate (MoM) Final – Aug, Inflation Rate (YoY) Final – Aug, Bundesbank Nagel Speech
Spain: Harmonized Inflation Rate (MoM) Final – Aug, Harmonized Inflation Rate (YoY) Final – Aug, Inflation Rate (MoM) Final – Aug, Inflation Rate (YoY) Final – Aug, Core Inflation Rate (YoY) Final – Aug
India: Inflation Rate (YoY) – Aug, Inflation Rate (MoM) – Aug, Foreign Exchange Reserves – Sept/05
Japan: Capacity Utilization (MoM) – Jul, Industrial Production (MoM) Final – Jul, Industrial Production (YoY) Final – Jul
Switzerland: Consumer Confidence – Aug
U.K.: GDP (MoM) – Jul, GDP 3-month Avg – Jul, Goods Trade Balance – Jul, Goods Trade Balance Non-EU – Jul, Industrial Production (MoM) – Jul, Manufacturing Production (MoM) – Jul, Balance of Trade – Jul, Construction Output (YoY) – Jul, GDP (YoY) – Jul, Industrial Production (YoY) – Jul, Manufacturing Production (YoY) – Jul, NIESR Monthly GDP Tracker – Aug
U.S.: University of Michigan Consumer Sentiment Index– Sept, U. of Michigan Current Conditions– Sept, U. of Michigan Expectations – Sept, U. of Michigan 1-year Inflation Expectations – Sept, U. of Michigan 5–10-year Inflation Expectations Prel – Sept
Bold denotes likely market-moving newsflash which traders consider significant to foreign exchange levels or otherwise important/noteworthy information, i.e., market holiday’s which will affect standard settlement dates.
Contact Comerica Foreign Exchange
800.746.6439
248.371.6808
800.318.9062
562.951.2450
800.736.6734
214.890.4341
416.367.4438
This publication has been prepared for general educational/informational purposes only and should not be considered as investment advice or a recommendation for any particular security, strategy or investment product, or as personalized investment advice. The information contained herein has been obtained from sources believed to be reliable, but Comerica does not represent, or guarantee, its completeness or accuracy. The views expressed herein are solely those of the author(s) at the time of publication. Comerica will not be responsible for updating any information contained within this publication, and such information is subject to change without notice. Comerica does not assume any liability for any direct, indirect or consequential losses that may result from reliance upon this publication.