As we approach the end of September, markets are closely watching key economic indicators and geopolitical events. In Europe, German retail sales showed a modest rebound, while in the U.S., upcoming data releases are set to provide further insights into economic conditions.
In Asia, stock markets are gaining ground ahead of the U.S. PCE inflation data, with regional economic data also in focus. In Germany, retail sales rose by 1.3% in August, which was below the expected 2.0% increase but marked a recovery from the previous month's decline. Meanwhile, German import prices surged by 1.0% in August, indicating rising cost pressures. The Euro remains under pressure, trading near its lowest level since May 2025, as the U.S. Dollar strengthens ahead of the U.S. PCE…
Today's market focus is on the upcoming U.S. economic data releases, which are expected to provide further clarity on inflation and employment trends. Meanwhile, the Euro's weakness and rising cost pressures in Germany highlight ongoing economic challenges in Europe. This brief is a snapshot of public commentary at the time of writing — not financial advice.
| Better than expected | As expected | Worse than expected | |
|---|---|---|---|
| DXY | ▲ | – | ▼ |
| EUR/USD | ▼ | – | ▲ |
| GBP/USD | ▼ | – | ▲ |
| XAU/USD | ▼ | – | ▲ |
| NQ | ▼ | – | ▲ |