Phoenix Investment Bank (Labuan) Ltd.Market CompassPHOENIX · ISSUE ZERO

PHOENIX MARKET COMPASS · ISSUE ZERO

Inflation and policy return to the foreground

Global equity benchmarks weakened and U.S. yields rose in the week to 11 September. U.S. inflation releases, an ECB rate increase and stronger UK monthly output frame the next round of policy decisions.

Week ending 11 September 2026Prepared 14 September 2026 · MYT

Weekly comparison: 4–11 September. Each series retains its own observation convention. EIA Brent is delayed and is clearly dated separately.

In this edition

Phoenix Global Markets

Sourced market facts · Source observations and calculated Friday-to-Friday changes. Index construction and currency vary; compare conventions before drawing conclusions.

Equities

Equities · 4–11 September 2026
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
WORLDUSD gross-return index points535.42529.99-1.0%Method 1STOXX
S&P 500USD7,718.607,656.98-0.8%Method 2Yahoo Finance
NASDAQUSD26,506.9926,333.04-0.7%Method 2Yahoo Finance
DOW JONESUSD53,414.2552,573.29-1.6%Method 2Yahoo Finance
RUSSELL 2000USD2,975.652,903.94-2.4%Method 2Yahoo Finance
S&P/TSXCAD36,513.8035,697.50-2.2%Method 2Yahoo Finance
FTSE 100GBP10,831.1010,650.40-1.7%Method 2Yahoo Finance
DAXEUR26,046.4025,568.56-1.8%Method 2Yahoo Finance
CAC 40EUR8,278.778,179.77-1.2%Method 2Yahoo Finance
STOXX EUROPE 600USD gross-return index points513.22504.66-1.7%Method 1STOXX
NIKKEI 225JPY65,020.9464,011.34-1.6%Method 2Yahoo Finance
HANG SENGHKD25,650.8724,805.63-3.3%Method 2Yahoo Finance
SHANGHAICNY3,930.123,888.11-1.1%Method 2Yahoo Finance
NIFTY 50INR23,897.7023,398.10-2.1%Method 2Yahoo Finance
ASX 200AUD9,005.908,741.20-2.9%Method 2Yahoo Finance
KOSPIKRW6,687.216,909.91+3.3%Method 2Yahoo Finance
IBOVESPABRL185,147.00187,207.00+1.1%Method 2Yahoo Finance
EMERGINGUSD gross-return index points301.32300.89-0.1%Method 1STOXX

Observation methodology

  1. STOXX end-of-day USD gross-return index. Weekly percentage is the change in this same index series.
  2. Yahoo Finance daily published index Close, exchange-local observation date. Index methodologies differ; not all displayed indexes are price-return indexes.

FX

FX · 4–11 September 2026
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
EUR/USDUSD per EUR1.16221.1592-0.3%Method 1ECB
GBP/USDUSD per GBP1.35301.3508-0.2%Method 1ECB
USD/JPYJPY per USD156.2468154.0373-1.4%Method 1ECB
USD/SGDSGD per USD1.26691.2679+0.1%Method 1ECB
USD/HKDHKD per USD7.84037.8420+0.0%Method 1ECB

Observation methodology

  1. ECB euro reference rates cross-calculated consistently into the displayed USD pair. Reference observations are for information, not transaction execution. Quote percentage and non-USD currency performance are distinct. Change shows quoted-pair movement.

Rates

Rates · 4–11 September 2026
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
US 2Ypercent4.37%4.63%+26 bpMethod 1U.S. Treasury
US 10Ypercent4.78%4.96%+18 bpMethod 1U.S. Treasury

Observation methodology

  1. U.S. Treasury daily par yield derived from indicative bid-side quotations at or near 3:30 p.m. ET; not an executed price.

Commodities

Commodities · 4–11 September 2026
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
GOLD DECUSD$4,429.80$4,366.20-1.4%Method 1Yahoo Finance
SILVER DECUSD$66.047$64.554-2.3%Method 2Yahoo Finance
BRENTUSD per barrel$102.24$109.51UnavailableLagged observation; Friday comparison unavailableMethod 3EIA

Observation methodology

  1. Yahoo Finance daily Close for continuous futures ticker GC=F; source currently labels Gold Dec 26. Not a spot benchmark; contract rolls may affect longer comparisons.
  2. Yahoo Finance daily Close for continuous futures ticker SI=F; source currently labels Silver Dec 26. Not a spot benchmark; contract rolls may affect longer comparisons.
  3. EIA Europe Brent spot-price FOB daily observation; not a futures settlement or closing price.

ASEAN

ASEAN · 4–11 September 2026
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
FBM KLCIMYR1,708.101,686.74-1.3%Method 1Yahoo Finance
STRAITS TIMESSGD5,801.965,695.93-1.8%Method 1Yahoo Finance

Observation methodology

  1. Yahoo Finance daily published index Close, exchange-local observation date. Index methodologies differ; not all displayed indexes are price-return indexes.

Phoenix Equity Map

Regional benchmarks

Regional USD gross-return benchmarks
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
STOXX Global 1800USD gross-return index points535.42529.99-1.0%Method 1STOXX
STOXX North America 600USD gross-return index points740.21733.66-0.9%Method 1STOXX
STOXX Europe 600USD gross-return index points513.22504.66-1.7%Method 1STOXX
STOXX Asia/Pacific 600USD gross-return index points296.89294.22-0.9%Method 1STOXX
STOXX Emerging Markets 1500USD gross-return index points301.32300.89-0.1%Method 1STOXX

Observation methodology

  1. STOXX end-of-day USD gross-return index. Weekly percentage is the change in this same index series.

U.S. sector ETF proxies

Sector ETF closing-price comparisons
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
XLK · TechnologyUSD187.28187.67+0.2%Method 1Yahoo Finance
XLF · FinancialsUSD58.1057.25-1.5%Method 1Yahoo Finance
XLP · StaplesUSD84.5883.38-1.4%Method 1Yahoo Finance
XLY · DiscretionaryUSD114.91112.96-1.7%Method 1Yahoo Finance
XLE · EnergyUSD64.0665.14+1.7%Method 1Yahoo Finance
XLI · IndustrialsUSD175.27172.37-1.7%Method 1Yahoo Finance
XLV · Health careUSD171.45165.36-3.6%Method 1Yahoo Finance

Observation methodology

  1. Yahoo Finance daily Close field (unadjusted close), exchange-local observation date; not intraday or adjusted total return.

Selected global companies

Selected company closing-price comparisons
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
MSFTUSD499.70495.63-0.8%Method 1Yahoo Finance
AAPLUSD319.97332.27+3.8%Method 1Yahoo Finance
AMZNUSD258.51256.78-0.7%Method 1Yahoo Finance
JPMUSD358.64356.23-0.7%Method 1Yahoo Finance
NVDAUSD230.36218.29-5.2%Method 1Yahoo Finance
GOOGLUSD338.46338.50+0.0%Method 1Yahoo Finance
TSLAUSD354.08365.44+3.2%Method 1Yahoo Finance
XOMUSD159.47165.99+4.1%Method 1Yahoo Finance

Observation methodology

  1. Yahoo Finance daily Close field (unadjusted close), exchange-local observation date; not intraday or adjusted total return.

Sector ETFs and companies show price returns, not total returns. These are selected indicators, not a complete market universe or recommendations.

Phoenix Market Drivers

Global equities

Global equities weakened over the week

Sourced fact · 11 September 2026
STOXX Global 1800 USD gross return fell 1.0% between the two Fridays. Europe declined 1.7%, Asia-Pacific 0.9% and emerging markets 0.1%.

Phoenix interpretation: regional breadth weakened, while index currency and construction still matter for comparisons.

STOXX

Rates

Treasury yields rose and the curve flattened

Sourced fact · 11 September 2026
The U.S. 2-year par yield rose from 4.37% to 4.63%; the 10-year rose from 4.78% to 4.96%. The 2s10s spread narrowed from 41 to 33 basis points.

Phoenix interpretation: higher yields at both maturities raise financing sensitivity, even as the curve becomes flatter.

U.S. Treasury

U.S. inflation

U.S. headline inflation rose 0.4% in August

Sourced fact · 11 September 2026
August CPI rose 0.4% month on month, seasonally adjusted, and 3.4% year on year, unadjusted.

Phoenix interpretation: separate the monthly impulse from the annual comparison when assessing cost pressure.

U.S. Bureau of Labor Statistics

Euro area policy

ECB raised policy rates by 25 basis points

Sourced fact · 10 September 2026
The ECB announced a 25-basis-point increase. The deposit facility rate becomes 2.50% from 16 September.

Phoenix interpretation: distinguish the decision date from the effective date when discussing funding conditions.

European Central Bank

UK growth

UK monthly GDP increased 0.4% in July

Sourced fact · 11 September 2026
ONS estimates July GDP rose 0.4% month on month. Services grew 0.4%, production 0.2% and construction 0.1%.

Phoenix interpretation: the release strengthens the activity picture but describes July, rather than September conditions.

Office for National Statistics

Equity leadership

Energy led the selected U.S. sector proxies

Sourced fact · 11 September 2026
The XLE closing price rose 1.7% over the week; XLK gained 0.2% while XLV fell 3.6%. These are ETF price changes, not total returns.

Phoenix interpretation: sector exposure can matter more than the broad index for portfolio and business comparisons.

Yahoo Finance

Malaysia / ASEAN

Malaysia and Singapore benchmarks declined

Sourced fact · 11 September 2026
The FBM KLCI closed at 1,686.74, down 1.3% on the week. The Straits Times Index closed at 5,695.93, down 1.8%.

Phoenix interpretation: local market performance should be considered alongside currency translation and sector composition.

Yahoo Finance

Phoenix FX Monitor

Yen gained against the dollar

Sourced fact · 11 September 2026
ECB-derived USD/JPY fell from 156.2468 to 154.0373. This corresponds to a 1.4% gain for the yen against USD; the quoted pair moved in the opposite direction.

Phoenix interpretation: state both the quote convention and the currency being measured to avoid reversing the signal.

European Central Bank

Data snapshot

Complete core cross-asset readings
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
STOXX Global 1800USD gross-return index points535.42529.99-1.0%Method 1STOXX
STOXX North America 600USD gross-return index points740.21733.66-0.9%Method 1STOXX
STOXX Europe 600USD gross-return index points513.22504.66-1.7%Method 1STOXX
STOXX Asia/Pacific 600USD gross-return index points296.89294.22-0.9%Method 1STOXX
STOXX Emerging Markets 1500USD gross-return index points301.32300.89-0.1%Method 1STOXX
US 2Ypercent4.37%4.63%+26 bpMethod 2U.S. Treasury
US 10Ypercent4.78%4.96%+18 bpMethod 2U.S. Treasury
GOLD DECUSD$4,429.80$4,366.20-1.4%Method 3Yahoo Finance
SILVER DECUSD$66.047$64.554-2.3%Method 4Yahoo Finance
BRENTUSD per barrel$102.24$109.51UnavailableLagged observation; Friday comparison unavailableMethod 5EIA

Observation methodology

  1. STOXX end-of-day USD gross-return index. Weekly percentage is the change in this same index series.
  2. U.S. Treasury daily par yield derived from indicative bid-side quotations at or near 3:30 p.m. ET; not an executed price.
  3. Yahoo Finance daily Close for continuous futures ticker GC=F; source currently labels Gold Dec 26. Not a spot benchmark; contract rolls may affect longer comparisons.
  4. Yahoo Finance daily Close for continuous futures ticker SI=F; source currently labels Silver Dec 26. Not a spot benchmark; contract rolls may affect longer comparisons.
  5. EIA Europe Brent spot-price FOB daily observation; not a futures settlement or closing price.

LBMA Gold Price PM: -0.66% one-week USD return through 2026-09-11, as reported by World Gold Council. Price levels are not provided by that endpoint. This spot benchmark differs from the December gold futures close above.

Phoenix FX Monitor - G20

EUR, GBP and AUD quotes are USD per currency. Other quotes are currency units per USD. Weekly change always measures the named currency against USD; it is not always the quoted-pair percentage change.

G20 currency performance against USD
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
EUR · EUR/USDUSD per EUR1.16221.1592-0.3%Method 1ECB
GBP · GBP/USDUSD per GBP1.35301.3508-0.2%Method 1ECB
JPY · USD/JPYJPY per USD156.2468154.0373+1.4%Method 1ECB
AUD · AUD/USDUSD per AUD0.72030.7173-0.4%Method 1ECB
CAD · USD/CADCAD per USD1.38001.3858-0.4%Method 1ECB
CNY · USD/CNYCNY per USD6.71096.7082+0.0%Method 1ECB
INR · USD/INRINR per USD94.490295.5551-1.1%Method 1ECB
BRL · USD/BRLBRL per USD5.11145.1108+0.0%Method 1ECB
MXN · USD/MXNMXN per USD16.899116.9771-0.5%Method 1ECB
KRW · USD/KRWKRW per USD1,350.35281,342.7881+0.6%Method 1ECB
IDR · USD/IDRIDR per USD17,635.553317,602.6484+0.2%Method 1ECB
TRY · USD/TRYTRY per USD48.442248.5964-0.3%Method 1ECB
ZAR · USD/ZARZAR per USD15.967216.1587-1.2%Method 1ECB

Observation methodology

  1. ECB euro reference rates cross-calculated consistently into the displayed USD pair. Reference observations are for information, not transaction execution. Quote percentage and non-USD currency performance are distinct. Change shows currency performance against USD.

Phoenix FX Monitor - Asia

Regional reference-rate comparisons, calculated from the same ECB reference observations. These are indicative reference rates, not executable quotes.

Asian currency performance against USD
Series / market4 Sep 202611 Sep / latestWeekly changeObservationSource
MYR · USD/MYRMYR per USD4.04454.0705-0.6%Method 1ECB
SGD · USD/SGDSGD per USD1.26691.2679-0.1%Method 1ECB
HKD · USD/HKDHKD per USD7.84037.8420+0.0%Method 1ECB
THB · USD/THBTHB per USD32.920333.0650-0.4%Method 1ECB
PHP · USD/PHPPHP per USD62.650162.6294+0.0%Method 1ECB

Observation methodology

  1. ECB euro reference rates cross-calculated consistently into the displayed USD pair. Reference observations are for information, not transaction execution. Quote percentage and non-USD currency performance are distinct. Change shows currency performance against USD.

Phoenix Macro Watch

U.S. inflation

August CPI rose 0.4% month on month, seasonally adjusted, and 3.4% year on year, unadjusted. Released 11 September 2026.

U.S. producer prices

Final-demand PPI increased 0.4% month on month, seasonally adjusted, and 5.4% over 12 months, unadjusted, in August. Released 10 September 2026.

Euro area policy

The ECB announced a 25-basis-point increase. The deposit facility rate becomes 2.50% from 16 September. Released 10 September 2026.

UK growth

ONS estimates July GDP rose 0.4% month on month. Services grew 0.4%, production 0.2% and construction 0.1%. Released 11 September 2026.

Phoenix Perspective

Phoenix interpretation: inflation and funding costs deserve joint attention. The U.S. price releases and ECB decision make it useful to test financing and operating plans against both persistent cost pressure and uneven demand. These releases do not, by themselves, explain every weekly market move.

Developments

Read the source-linked Phoenix Market Drivers above alongside the market tables. Official release periods, release dates and market close dates are distinct. Market correlations do not establish a single cause.

Phoenix Scenario Lens

Base context

Keep separate assumptions for energy costs, borrowing rates and customer demand. Current releases show these forces can move in different directions.

Upside context

Lower input-cost pressure alongside resilient activity would improve planning flexibility. Watch official inflation releases and the next policy statements for evidence.

Risk context

More persistent energy inflation or tighter funding conditions could pressure margins and investment budgets. Assess exposure and liquidity buffers; this is scenario context, not a prediction.

Phoenix Client Lens

Businesses

Stress-test energy, freight and refinancing assumptions together, using your actual contractual exposures.

Founders

Review cash runway under higher funding costs and slower collections before committing to expansion.

Investors

Compare valuation sensitivity, earnings exposure and currency translation separately; the edition is not a recommendation.

Partners

Use the MYT calendar to plan briefings around policy decisions and regional releases, with contingency for unscheduled changes.

From Phoenix, Fintrade and External Reading

Commentary and source-labelled supporting reading. Original publication dates and publisher attribution are retained.

From Phoenix

Phoenix Investment Bank (Labuan) Ltd.

Originally published 26 August 2026

Banking's Next Competitive Advantage Is Resilience

Phoenix commentary on operational resilience as a strategic banking capability.

Why read it: Adds the Phoenix/PIBL commentary layer distinct from official market data.

Phoenix-authored commentary.

Read Banking's Next Competitive Advantage Is Resilience
Phoenix Investment Bank (Labuan) Ltd.

Originally published 24 August 2026

The New Risk Map for Banks, Borrowers and Investors

Phoenix commentary on how risk conditions are shifting for lenders, borrowers and investors.

Why read it: Connects the weekly data pack to Phoenix's broader risk framing.

Phoenix-authored commentary.

Read The New Risk Map for Banks, Borrowers and Investors
Phoenix Investment Bank (Labuan) Ltd.

Originally published 21 August 2026

Beyond the Single Bank Loan: Why Corporate Asia Is Turning to Syndicated Financing

Phoenix commentary on the move from bilateral borrowing towards syndicated capital.

Why read it: Links Asia's funding choices to liquidity, risk-sharing and cross-border execution.

Phoenix-sponsored commentary.

Read Beyond the Single Bank Loan: Why Corporate Asia Is Turning to Syndicated Financing

From Fintrade

Fintrade Securities Corporation Ltd (FSCL)

Originally published 21 August 2026

Labuan at the Heart of Asia's Emerging Wealth Economy

Fintrade commentary on Labuan's role in Asia's evolving private-wealth landscape.

Why read it: Adds a regional capital-flow and financial-centre perspective.

Fintrade-sponsored commentary.

Read Labuan at the Heart of Asia's Emerging Wealth Economy
Fintrade Securities Corporation Ltd (FSCL)

Originally published 20 August 2026

The New Logic of Global Capital

Fintrade commentary on how capital allocation is changing across markets and jurisdictions.

Why read it: Frames the weekly cross-asset readings within longer-term capital shifts.

Fintrade-sponsored commentary.

Read The New Logic of Global Capital
Fintrade Securities Corporation Ltd (FSCL)

Originally published 18 August 2026

Real-Time Payments Are Rewriting Cross-Border Commerce

Fintrade commentary on faster settlement and the changing infrastructure of international trade.

Why read it: Connects currency markets with payment rails, liquidity and treasury operations.

Fintrade-sponsored commentary.

Read Real-Time Payments Are Rewriting Cross-Border Commerce

External Reading

STOXX Ltd.

Publication date not supplied by source

STOXX Global 1800 - USD Gross Return

Defines the proposed developed-market benchmark and its regional construction.

Why read it: Provides the global equity baseline used before comparing North America, Europe and Asia-Pacific.

Public index page for the benchmark series.

Read STOXX Global 1800 - USD Gross Return
European Central Bank

Originally published 27 August 2026

Account of the 22-23 July 2026 monetary policy meeting

Records the ECB's policy discussion, inflation-risk assessment and market context.

Why read it: Adds dated policy context to the G20 FX and rates modules without treating market moves as single-cause events.

Public official source.

Read Account of the 22-23 July 2026 monetary policy meeting
World Gold Council

Publication date not supplied by source

Gold and major asset returns

Places gold's weekly return alongside other major asset classes.

Why read it: Restores a defensive and real-rate-sensitive signal to the edition's commodity coverage.

Weekly-return reference used with source citation.

Read Gold and major asset returns
STOXX

Source observation / release 11 September 2026

Global equities weakened over the week

STOXX Global 1800 USD gross return fell 1.0% between the two Fridays. Europe declined 1.7%, Asia-Pacific 0.9% and emerging markets 0.1%.

External source reading.

Read Global equities weakened over the week
U.S. Bureau of Labor Statistics

Source observation / release 11 September 2026

U.S. headline inflation rose 0.4% in August

August CPI rose 0.4% month on month, seasonally adjusted, and 3.4% year on year, unadjusted.

External source reading.

Read U.S. headline inflation rose 0.4% in August
Office for National Statistics

Source observation / release 11 September 2026

UK monthly GDP increased 0.4% in July

ONS estimates July GDP rose 0.4% month on month. Services grew 0.4%, production 0.2% and construction 0.1%.

External source reading.

Read UK monthly GDP increased 0.4% in July
Yahoo Finance

Source observation / release 11 September 2026

Malaysia and Singapore benchmarks declined

The FBM KLCI closed at 1,686.74, down 1.3% on the week. The Straits Times Index closed at 5,695.93, down 1.8%.

External source reading.

Read Malaysia and Singapore benchmarks declined

Sources and methodology

Price change = (11 September close / 4 September close - 1) × 100. Yield changes are expressed in basis points. FX currency performance uses the inverse return when the quote is currency units per USD. Calculations use unrounded observations; displays are rounded.

Source observations were retrieved on 14 September 2026. The selected Friday is 11 September. EIA has not yet published that Friday observation in the retrieved source, so Brent carries its actual date and no weekly comparison. Data can be revised by its publisher.

Disclosures

General market information and Phoenix interpretation only; not investment advice or a recommendation. Historical results do not predict future performance. Read full Disclosures.

Subscription availability

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Phoenix Economic Calendar

Snapshot checked 14 September 2026 for 14–18 September. This frozen edition is not a live calendar. Status and actuals reflect the snapshot, even after the scheduled event. Importance is Phoenix editorial judgement; unknown times, unverified actuals and uncollected forecasts remain explicit.

2026-09-14

2026-09-14 · 2 events
Event / regionTime (MYT)Actual / statusPreviousFull details
Consumer prices · AugustCanada14 Sep 20:30 MYTAwaiting verificationTime elapsed · actual unverifiedNot collected
Event details: Consumer prices · August
Importance
High
Local time
08:30 EDT (UTC−4)
Forecast
Not collected

Statistics Canada

Scheduled time has elapsed; the official actual was not retrieved.

Manufacturing sales · JulyCanada14 Sep 20:30 MYTAwaiting verificationTime elapsed · actual unverifiedNot collected
Event details: Manufacturing sales · July
Importance
Medium
Local time
08:30 EDT (UTC−4)
Forecast
Not collected

Statistics Canada

Scheduled time has elapsed; the official actual was not retrieved.

2026-09-15

2026-09-15 · 8 events
Event / regionTime (MYT)Actual / statusPreviousFull details
Residential property prices · AugustChina15 Sep 09:30 MYTNot releasedScheduled · provisional timetableNot collected
Event details: Residential property prices · August
Importance
Medium
Local time
09:30 CST (UTC+8)
Forecast
Not collected

NBS China calendar

NBS annual timetable; subject to adjustment.

Industrial production · AugustChina15 Sep 10:00 MYTNot releasedScheduled · provisional timetableNot collected
Event details: Industrial production · August
Importance
High
Local time
10:00 CST (UTC+8)
Forecast
Not collected

NBS China calendar

Published with the monthly national-economy briefing.

Retail sales · AugustChina15 Sep 10:00 MYTNot releasedScheduled · provisional timetableNot collected
Event details: Retail sales · August
Importance
High
Local time
10:00 CST (UTC+8)
Forecast
Not collected

NBS China calendar

Monthly consumption indicator.

Fixed investment and property development · January–AugustChina15 Sep 10:00 MYTNot releasedScheduled · provisional timetableNot collected
Event details: Fixed investment and property development · January–August
Importance
High
Local time
10:00 CST (UTC+8)
Forecast
Not collected

NBS China calendar

Cumulative investment measures.

Labour market, wages and claimant countUnited Kingdom15 Sep 14:00 MYTNot releasedScheduledUnemployment 4.9%; regular pay +3.5% y/y (Apr–Jun)
Event details: Labour market, wages and claimant count
Importance
High
Local time
07:00 BST (UTC+1)
Forecast
Not collected

ONS release calendar

Previous release

LFS estimates carry quality qualifications.

ZEW economic sentiment · SeptemberGermany / euro area15 Sep 17:05 MYTNot releasedScheduledNot collected
Event details: ZEW economic sentiment · September
Importance
Medium
Local time
11:05 CEST (UTC+2)
Forecast
Not collected

ZEW release dates

Empire State manufacturing · SeptemberUnited States15 Sep 20:30 MYTNot releasedScheduled20.6 (Aug)
Event details: Empire State manufacturing · September
Importance
Medium
Local time
08:30 EDT (UTC−4)
Forecast
Not collected

New York Fed

Released at or shortly after the stated time.

Wholesale trade · JulyCanada15 Sep 20:30 MYTNot releasedScheduledNot collected
Event details: Wholesale trade · July
Importance
Medium
Local time
08:30 EDT (UTC−4)
Forecast
Not collected

Statistics Canada

2026-09-16

2026-09-16 · 9 events
Event / regionTime (MYT)Actual / statusPreviousFull details
Consumer prices · AugustUnited Kingdom16 Sep 14:00 MYTNot releasedScheduledCPI +2.9% y/y; +0.3% m/m (Jul)
Event details: Consumer prices · August
Importance
High
Local time
07:00 BST (UTC+1)
Forecast
Not collected

ONS release calendar

Previous release

Producer prices · AugustUnited Kingdom16 Sep 14:00 MYTNot releasedScheduledNot collected
Event details: Producer prices · August
Importance
Medium
Local time
07:00 BST (UTC+1)
Forecast
Not collected

ONS release calendar

Industrial production · JulyEuro area16 Sep · time not verifiedNot releasedDate confirmed · time unverified0.0% m/m; +0.1% y/y (Jun)
Event details: Industrial production · July
Importance
Medium
Local time
Time not verified (Europe/Luxembourg)
Forecast
Not collected

Eurostat industrial production

Date verified from the previous official release; exact event time not retrieved.

Hourly labour costs · Q2Euro area16 Sep · time not verifiedNot releasedPlanned update · time unverified+3.2% y/y (Q1)
Event details: Hourly labour costs · Q2
Importance
Medium
Local time
Time not verified (Europe/Luxembourg)
Forecast
Not collected

Eurostat labour costs

Official article has a planned update on this date.

Retail and food-services sales · AugustUnited States16 Sep 20:30 MYTNot releasedScheduled−0.6% m/m (Jul)
Event details: Retail and food-services sales · August
Importance
High
Local time
08:30 EDT (UTC−4)
Forecast
Not collected

US Census calendar

Previous release

Import and export prices · AugustUnited States16 Sep 20:30 MYTNot releasedScheduledImports −0.4%; exports −1.3% m/m (Jul)
Event details: Import and export prices · August
Importance
Medium
Local time
08:30 EDT (UTC−4)
Forecast
Not collected

BLS September calendar

Previous release

Business inventories and sales · JulyUnited States16 Sep 22:00 MYTNot releasedScheduledNot collected
Event details: Business inventories and sales · July
Importance
Medium
Local time
10:00 EDT (UTC−4)
Forecast
Not collected

US Census calendar

FOMC decision and economic projectionsUnited States17 Sep 02:00 MYTNot releasedScheduledNot collected
Event details: FOMC decision and economic projections
Importance
High
Local time
14:00 EDT (UTC−4)
Forecast
Not collected

Federal Reserve calendar

Related official source

Meeting runs 15–16 September; Malaysia date rolls forward.

Federal Reserve press conferenceUnited States17 Sep 02:30 MYTNot releasedScheduledNot applicable
Event details: Federal Reserve press conference
Importance
High
Local time
14:30 EDT (UTC−4)
Forecast
Not applicable

Federal Reserve calendar

Follows the policy decision.

2026-09-17

2026-09-17 · 8 events
Event / regionTime (MYT)Actual / statusPreviousFull details
GDP · Q2New Zealand17 Sep 06:45 MYTNot releasedScheduled+0.8% q/q (Q1)
Event details: GDP · Q2
Importance
High
Local time
10:45 NZST (UTC+12)
Forecast
Not collected

RBNZ / Stats NZ

Previous release

Time source

Time uses the official Stats NZ standard release policy.

Non-oil domestic exports · AugustSingapore17 Sep · time not verifiedNot releasedScheduled by release rule · time unverified+24.2% y/y (Jul)
Event details: Non-oil domestic exports · August
Importance
High
Local time
Time not verified (SGT, UTC+8)
Forecast
Not collected

Enterprise Singapore

Date follows Enterprise Singapore's published monthly release rule.

Final harmonised consumer prices · AugustEuro area17 Sep · time not verifiedNot releasedDate confirmed · time unverifiedFlash +3.3% y/y (Aug); July +2.9%
Event details: Final harmonised consumer prices · August
Importance
High
Local time
Time not verified (Europe/Luxembourg)
Forecast
Not collected

Eurostat HICP

Flash estimate is a previous estimate for the same month, not a forecast.

Bank of England policy decision and minutesUnited Kingdom17 Sep 19:00 MYTNot releasedScheduledBank Rate 3.75%
Event details: Bank of England policy decision and minutes
Importance
High
Local time
12:00 BST (UTC+1)
Forecast
Not collected

Bank of England

Decision time follows the Bank's published noon announcement policy.

Housing starts and building permits · AugustUnited States17 Sep 20:30 MYTNot releasedScheduledNot collected
Event details: Housing starts and building permits · August
Importance
High
Local time
08:30 EDT (UTC−4)
Forecast
Not collected

US Census calendar

Initial and continuing unemployment claimsUnited States17 Sep 20:30 MYTNot releasedScheduled by release ruleNot collected
Event details: Initial and continuing unemployment claims
Importance
High
Local time
08:30 EDT (UTC−4)
Forecast
Not collected

US Department of Labor

Date follows the standing Thursday release schedule.

Philadelphia Fed manufacturing · SeptemberUnited States17 Sep 20:30 MYTNot releasedScheduledNot collected
Event details: Philadelphia Fed manufacturing · September
Importance
Medium
Local time
08:30 EDT (UTC−4)
Forecast
Not collected

Philadelphia Fed

Industrial product and raw-material prices · AugustCanada17 Sep 20:30 MYTNot releasedScheduledNot collected
Event details: Industrial product and raw-material prices · August
Importance
Medium
Local time
08:30 EDT (UTC−4)
Forecast
Not collected

Statistics Canada

2026-09-18

2026-09-18 · 7 events
Event / regionTime (MYT)Actual / statusPreviousFull details
National consumer prices · AugustJapan18 Sep 07:30 MYTNot releasedScheduledNot collected
Event details: National consumer prices · August
Importance
High
Local time
08:30 JST (UTC+9)
Forecast
Not collected

Statistics Bureau of Japan

Time source

Includes headline and core measures.

Bank of Japan policy statementJapan18 Sep · time undecidedNot releasedDate confirmed · time undecidedNot collected
Event details: Bank of Japan policy statement
Importance
High
Local time
Undecided (JST, UTC+9)
Forecast
Not collected

Bank of Japan schedule

Meeting runs 17–18 September. The Bank explicitly leaves the statement time undecided.

Bank of Japan governor press conferenceJapan18 Sep 14:30 MYTNot releasedScheduledNot applicable
Event details: Bank of Japan governor press conference
Importance
High
Local time
15:30 JST (UTC+9)
Forecast
Not applicable

Bank of Japan governor schedule

Official scheduled start; subject to change.

Consumer prices · AugustMalaysia18 Sep · time not specifiedNot releasedDate confirmed · time unspecifiedNot collected
Event details: Consumer prices · August
Importance
High
Local time
Time not specified by calendar (MYT, UTC+8)
Forecast
Not collected

DOSM release calendar

Date verified; do not assume an embargo time.

External trade · AugustMalaysia18 Sep · time not specifiedNot releasedDate confirmed · time unspecifiedNot collected
Event details: External trade · August
Importance
High
Local time
Time not specified by calendar (MYT, UTC+8)
Forecast
Not collected

DOSM release calendar

Headline external-trade release.

Retail sales · AugustUnited Kingdom18 Sep 14:00 MYTNot releasedScheduledNot collected
Event details: Retail sales · August
Importance
High
Local time
07:00 BST (UTC+1)
Forecast
Not collected

ONS release calendar

Industrial production and capacity utilisation · AugustUnited States18 Sep 21:15 MYTNot releasedScheduled+0.2% m/m; utilisation 76.3% (Jul)
Event details: Industrial production and capacity utilisation · August
Importance
High
Local time
09:15 EDT (UTC−4)
Forecast
Not collected

Federal Reserve calendar

Previous release

Date is from the official Federal Reserve September calendar.

Calendar coverage and timing notes
  • This is an editorial selection of major events, not an exhaustive global economic database. Importance is Phoenix editorial judgement.
  • Forecasts are explicitly not collected; no consensus estimates have been invented. Previous values are shown only where retrieved from an official source; other entries say Not collected.
  • Future actuals say Not released. For elapsed scheduled releases without a retrieved official result, actuals say Awaiting verification; this does not confirm publication.
  • Several official calendars provide a date without a time. Those rows retain the exact uncertainty and omit a fabricated MYT clock time.
  • All times with a clock are converted using the relevant September daylight-saving offset. US late-afternoon policy events roll into the next MYT date.
  • Bank Indonesia's scheduled policy meeting is 22–23 September; the BSP has no scheduled September policy meeting; Australian August employment is due 24 September. These are outside this window.
  • No verified major-event timetable was obtained for Thailand, Indonesia trade, Vietnam or the wider ASEAN economies. Do not claim complete ASEAN coverage.
  • Calendar schedules were checked on 14 September. This forward calendar may use schedule announcements published after the market-data cut-off; it does not change the 11 September market-data vintage.