Markets are entering a data-heavy stretch that could redefine expectations for growth, inflation, and central bank policy. While central banks often dominate the headlines, this week the spotlight turns to economic releases from the U.S., Europe, and Australia. Traders should brace for potential volatility as each data point could sway currencies, bonds, and equities alike.
Here are the top three events to watch this week:
1. US Core PCE Index (Friday)
The week culminates with the Fed’s preferred inflation gauge—the Core Personal Consumption Expenditures (PCE) Index. This release is critical because it provides the most accurate read on underlying price pressures in the U.S. If the numbers show sticky inflation, markets may start pricing in fewer or later Fed rate cuts. On the flip side, a soft print could renew hopes for earlier easing, sparking risk-on sentiment globally.
Why it matters: Core PCE has a direct influence on the Fed’s policy trajectory, making it the most market-moving release of the week.
2. Flash PMIs (Tuesday – US, Germany, UK)
Purchasing Managers’ Index (PMI) reports will set the tone early in the week. Investors will watch for signs of economic resilience—or weakness—in major economies like the U.S., Germany, and the UK. With global growth concerns still simmering, even small surprises in these forward-looking surveys could shift sentiment in both equity and FX markets.
Why it matters: PMIs are among the fastest indicators of business activity, offering a near real-time snapshot of growth momentum.
3. Australia CPI (Wednesday)
Midweek, Australia’s inflation data takes the stage. The Reserve Bank of Australia (RBA) has been balancing sticky inflation with a slowing economy, so this report could tip the scales for future policy moves. A hotter-than-expected print may reignite bets on further tightening, while a softer outcome could open the door for a more dovish stance.
Why it matters: As a commodity-driven economy, Australia’s inflation path influences not only the Australian dollar but also broader market risk appetite in Asia-Pacific trading.
Final Takeaway
While the SNB’s rate decision is on the radar, this week is primarily about inflation and growth signals. The trio of Flash PMIs, Australia’s CPI, and especially the U.S. Core PCE will shape how traders and central banks alike gauge the next chapter in the global economic story.Top Economic Events to Watch | September 22 - 26, 2025
Markets are entering a data-heavy stretch that could redefine expectations for growth, inflation, and central bank policy. While central banks often dominate the headlines, this week the spotlight turns to economic releases from the U.S., Europe, and Australia. Traders should brace for potential volatility as each data point could sway currencies, bonds, and equities alike.
Here are the top three events to watch this week:
1. US Core PCE Index (Friday)
The week culminates with the Fed’s preferred inflation gauge—the Core Personal Consumption Expenditures (PCE) Index. This release is critical because it provides the most accurate read on underlying price pressures in the U.S. If the numbers show sticky inflation, markets may start pricing in fewer or later Fed rate cuts. On the flip side, a soft print could renew hopes for earlier easing, sparking risk-on sentiment globally.
Why it matters: Core PCE has a direct influence on the Fed’s policy trajectory, making it the most market-moving release of the week.
2. Flash PMIs (Tuesday – US, Germany, UK)
Purchasing Managers’ Index (PMI) reports will set the tone early in the week. Investors will watch for signs of economic resilience—or weakness—in major economies like the U.S., Germany, and the UK. With global growth concerns still simmering, even small surprises in these forward-looking surveys could shift sentiment in both equity and FX markets.
Why it matters: PMIs are among the fastest indicators of business activity, offering a near real-time snapshot of growth momentum.
3. Australia CPI (Wednesday)
Midweek, Australia’s inflation data takes the stage. The Reserve Bank of Australia (RBA) has been balancing sticky inflation with a slowing economy, so this report could tip the scales for future policy moves. A hotter-than-expected print may reignite bets on further tightening, while a softer outcome could open the door for a more dovish stance.
Why it matters: As a commodity-driven economy, Australia’s inflation path influences not only the Australian dollar but also broader market risk appetite in Asia-Pacific trading.
Final Takeaway
While the SNB’s rate decision is on the radar, this week is primarily about inflation and growth signals. The trio of Flash PMIs, Australia’s CPI, and especially the U.S. Core PCE will shape how traders and central banks alike gauge the next chapter in the global economic story.Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Publication date:
2025-09-23 13:23:20 (GMT)
The terms and conditions of use set out below (referred to as "FX Blue's Terms"), form a contractual agreement governing FX Blue's relationship with you in relation to your use of this Website (“Agreement”) and you agree to be legally bound by FX Blue's Terms just as if you had signed this Agreement. By using this Website and any Information, you are agreeing to comply with and be bound by FX Blue's Terms, including any revisions that may be made to FX Blue's Terms from time to time. FX Blue reserves the right, in FX Blue's sole discretion, to change, modify, add or remove portions of FX Blue's Terms at any time by posting the revisions on the Website. You should check FX Blue's Terms periodically for changes as by using the Website after FX Blue posts any changes to FX Blue's Terms, you are agreeing to accept those changes, whether or not you have reviewed them, and you waive any right you may have to receive individualised notice of such changes. FX Blue's Terms may be supplemented by additional terms and conditions pertaining to specific content and activities. You agree and understand that such additional terms and conditions are hereby incorporated by reference to FX Blue's Terms. Your continued use of the Website means that you accept any new or modified FX Blue Terms.