Friday – September 2
8:00 a.m. The European producer price index release could create some shockwaves. PPI is forecast to be up 1.0% on a month-to-month basis in a slight moderation from the 1.1% pace the month prior. However, the projected 36% year-over-year jump in PPI could grab some attention.
8:30 a.m. The U.S. jobs report for August is expected to show 300K jobs adds for the month and an unemployment rate that holds steady at 3.5%. Average hourly earnings are seen moderating to a +0.4% pace from +0.5% in July.