Global economic data, Fed outlook and major earnings scheduled for Sept. 1-4

  • The calendar covers South Korean inflation and fiscal data, U.S. employment and business surveys, global economic releases and major technology-company earnings.
  • U.S. August payrolls are expected to rise by 65,000 to 80,000 after a 23,000 decline in July, with unemployment forecast at 4.1% to 4.2%.
  • South Korea’s first-half current-account surplus reached a record $191.01 billion, supported by semiconductor exports, while its budget proposal may exceed 800 trillion won.

The Sept. 1-4 calendar combines key U.S. labor, manufacturing and services indicators with South Korean inflation, fiscal and trade data, eurozone prices, global GDP releases and major corporate earnings. U.S. August nonfarm payrolls are expected to increase by 65,000 to 80,000 after a 23,000 decline in July, with unemployment at 4.1% to 4.2% and monthly wage growth of 0.3% to 0.4%. South Korea’s August inflation may return to around 3% as last year’s mobile telecom fee discounts fall out of the comparison, while the government is expected to propose spending above 800 trillion won, approximately $583.3 billion. The Federal Reserve Beige Book, comments from Fed Governor Christopher Waller, and a reported statement by Federal Reserve Chair Kevin Warsh will add to market debate over monetary policy. The schedule also includes earnings from MongoDB, NIO, Broadcom, Dell Technologies, Snowflake, Lululemon and Zscaler.

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