☄ Calendar of key events for this week

Monday, September 7
• USA: no trading (Labor Day)
• Canada: no trading (Labor Day)

Tuesday, September 8
• Nothing important

Wednesday, September 9
• Nothing important

Thursday, September 10
• USA: producer inflation (PPI) for August, 15:30
• USA: unemployment benefit claims, 15:30
• USA: Fed balance sheet, 23:30

Friday, September 11
• USA: consumer inflation (CPI) for August, 15:30

The main thing this week: inflation data on Thursday and Friday. That’s what will show whether the thesis about slowing price growth holds, and which direction the Fed’s rate decision for the September meeting will swing.

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