5 world market themes for the coming week

It is back to searching data for signs of how quickly, or not at all, further cutbacks can come from large economies, the central bank of Switzerland and world leaders are gathering in New York for the general meeting of the UN against a tense geopolitical background.

1. Back to interest rates

The American Federal Reserve has just lowered rates since December and indicated that more is coming.

That is the background for the entire Series US data in the coming days, including housing, sustainable goods, consumer sentiment and inflation.

Monthly reports on new and existing home sales are owed if investors roads or the prospect of a series of tariff reductions can elevate the housing market.

An updated view on the quarter of the quarter of the quarter of the quarter of the quarter of the quarter of the quarter of the quarter of the quarter of the quarter of the growth, before the week on Friday is closed with a study of consumer sentiment and the price index of the personal consumption spending, a well -viewed inflation meter. As the focus shifts to the economic view of inflation, all weaker than expected numbers can be damaged further the dollar became the lowest level since 2022 on Wednesday. 2. A Frank discussion

The Swiss National Bank will meet on Thursday and traders do not expect a change in the bench market rate, currently at 0%.

SNB officials have indicated that the bar is high for a drop to negative territory, even in the light of the headache caused by a strong Swiss franc. It is about 15% region against the dollar to date and is planned for the largest annual profit since 2002.

The profit on the euro is more modest, an increase of approximately 0.5%, but it has almost continuously pushed higher in the last seven years against the single European currency, for a total increase of 30%.

For Swiss exporters, such as Nestle, Novartis or Richemont, currency relief contributes to hefty American rates. Swiss inflation has been picked up, which could give the SNB more wobble space to do nothing, for the time being.

3. Tarief barometer

After a wave of meetings from the Central Bank, economies around the world will assess the health of business activity.

In Europe, the provisional estimates for the PMI of the Euro Zone in September can show further improvement in the production sector and a stabilization in expansive territory for services.

The data must also provide more clarity about the impact of American rates, according to a mixed image from recent figures.

If confirmed, the PMI image would correspond to the optimistic economic prospects of the European Central Bank after it had left the rates stable in September with 2%.

The Britain’s Flash PMI, also Tuesday, follows the last BOE decision to leave the rates stable. The concern of companies about the prospect of tax increases and the highest inflation between advanced economies should remain, although the services in August grew the most in more than a year.

4. Deviation from the pressure

The consumer prize of Australia on Wednesday in August will occur at the policy meeting of Reserve Bank of Australia on 30 September, where officials are generally expected to knock on rates.

Investors and policymakers will hope that the latest inflation figures will show some signs of relaxation, after the shock of July 2.8% above the pre-cast head reading after an increase in electricity prices.

That is probably the case, given that new electricity discounts are reflected in last month’s figures and the seasonal travel pressure would have been blurred.

Augustus Banengata also pointed to a gradual cooling on the labor market, because employment unexpectedly decreased while the unemployed rate remained stable.

Yet the RBA remains careful, where assistant -governor Sarah Hunter says that the economic prospects are currently balanced with risks on both the top and the disadvantage.

5. Not the United Nations

World leaders meet in New York for the General Assembly of the United Nations at a loaded time for global politics.

There is no shortage of hot button problems at the annual meeting dominated by Trump’s return to the rostrum, war in Gaza and Ukraine and nuclear tensions with Iran.

Leaders gather on Monday for a TOP – organized by France and Saudi Aarabia – who aims to build Momentum into a two -state solution between Israel and the Palestinians.

Trump will speak on Tuesday, while the Israeli Prime Minister Benjamin Netanyahu – wanted by the International Criminal Court for alleged war crimes and crimes against humanity in Gaza that denies Israel – has to tackle the meeting on Friday. In the meantime, a handful of our allies is preparing to recognize a Palestinian state at the meeting.

Both Ukrainian President VolodyMyr Zenskiy and the Russian Foreign Minister Sergei Lavrov will tackle the meeting, while a diplomatic push through Tehran tries to prevent a return from Snapback Sanctions about Iran’s nuclear program.