Economic Events and Corporate Earnings for the Week of September 1–5, 2025: U.S. NFP, Eurozone CPI, Reports from Salesforce and Broadcom

Detailed Economic Calendar and Corporate Earnings for the Week of September 1–5, 2025: US NFP, Eurozone Inflation, GDP, PMI, and Key Reports from Salesforce, Broadcom, Lululemon, and Other Companies.

Monday, September 1, 2025

Macroeconomics and Events:

• US and Canadian markets are closed for Labor Day. Exchanges in Kazakhstan and Malaysia are also closed.
• Release of the Manufacturing PMI indexes for August from several countries, including China (Caixin PMI), Russia (S&P Global), and others. These indicators will assess the state of the manufacturing sector worldwide.
• Unemployment statistics for the Eurozone (for July) – a key indicator of Europe’s labor market. Additionally, Turkey's GDP data for Q2 will be released.
• A speech by ECB President Christine Lagarde is scheduled, which could provide clarity on monetary policy outlook.

Corporate Reporting:

• No major financial results from companies are scheduled (US markets are closed for the holiday).

Tuesday, September 2, 2025

Macroeconomics and Events:

• Inflation data will be released for South Korea (August) and Vietnam (markets are closed for the holiday).
• Key data in Europe – the preliminary consumer price index for the Eurozone for August (flash CPI). This macroeconomic statistic will indicate the current level of inflation and is important for the ECB.
• Brazil's GDP for Q2 will be published, serving as an indicator for the largest economy in Latin America.
• In the US, the ISM Manufacturing Index for August will be released (5:00 PM Moscow time). The final PMI from S&P Global and the Redbook retail sales report will also be published, providing insights into US economic dynamics.

Corporate Reporting:

• Before the US market opens, reports will be released by: electric vehicle manufacturer NIO (NIO, China/US), sporting goods retailer Academy Sports + Outdoors (ASO, US), and jewelry retailer Signet Jewelers (SIG, US).
• After the US market closes, cybersecurity cloud service Zscaler (ZS, US) will publish its results. Investors will evaluate revenue growth in the cloud-security sector.
• Other reports for the day include software manufacturer HPE, Canadian Descartes Systems, and more (a total of 16 companies).

Wednesday, September 3, 2025

Macroeconomics and Events:

• Services PMI indexes for major economies and the global composite PMI for August will be released. These metrics reflect the state of the services sector and the overall economic dynamics in the middle of the quarter.
• Australia and South Korea's Q2 GDP estimates are released, showcasing post-pandemic recovery in Asia. Turkey will publish inflation data for August – a crucial indicator for investors in emerging markets.
• In the US, the JOLTS report on job openings for July, along with industrial orders, will be released. These metrics help evaluate the state of the US labor market and industry.
• The X Eastern Economic Forum (EEF-2025) will begin in Vladivostok (September 3–6) – a major international platform for business meetings and investment discussions. Delegations from over 70 countries are expected to participate, underscoring the forum's significance for the region.
• Additionally, the US Federal Reserve will release its economic review "Beige Book," reflecting the state of the economy across districts, and representatives of the Fed will be speaking in the evening.

Corporate Reporting:

• Before the US market opens, quarterly financial results will be presented by: discount retailer Dollar Tree (DLTR, US), food manufacturer Campbell Soup (CPB, US), and department store Macy's (M, US). Their consumer demand metrics are significant against the backdrop of a changing macroeconomic environment.
• After market close, the key report of the day will be from Salesforce (CRM, US), a leading representative of the S&P 500 in the software sector. An ~8.6% year-over-year profit increase is anticipated due to heightened demand for cloud services. Additionally, several tech companies' reports will release: cloud service Asana (ASAN), AI developer C3.ai (AI), retail chain American Eagle (AEO), among others.
• Notably, Salesforce's report will attract heightened investor attention as a barometer of the SaaS sector and is one of the most anticipated of the week.

Thursday, September 4, 2025

Macroeconomics and Events:

• Statistics on Australia’s trade balance for July and inflation data from several countries (Thailand, Indonesia, etc.) will be released in the Asia-Pacific region. The Bank of Malaysia will hold a meeting (rate is expected to remain unchanged).
• In Europe, preliminary inflation data for Sweden and Switzerland (August) will be published, alongside Switzerland's unemployment figures. Retail sales data for the Eurozone for July and the UK construction PMI will be released, helping assess the strength of consumer demand and the construction sector in the region.
• In the US, a block of statistics on the labor market and services will be presented: ADP employment report for the private sector (3:15 PM Moscow time), trade balance for July, new unemployment claims, and the ISM Services PMI (5:00 PM Moscow time). This data will help calibrate expectations ahead of the key employment report.

Corporate Reporting:

• Before the US market opens, several companies from various sectors will report: telecom equipment Ciena (CIEN, US), government contractor Science Applications International Corp (SAIC, US), and gardening equipment manufacturer Toro (TTC, US), among others. Their results reflect the state of industrial demand and government contracts.
• After the market closes, the week’s peak for corporate reports will occur. Among the most awaited are chipmaker Broadcom (AVGO, US), representing the semiconductor sector, and sports apparel retailer Lululemon Athletica (LULU, US). Both businesses indicate trends in the high-tech sector and premium consumer spending.
• Additionally, results will be published for: software developer DocuSign (DOCU, US), automation platform UiPath (PATH, US), and IoT startup Samsara (IOT, US). In total, more than 20 reports will be released on Thursday, making this day the busiest in terms of corporate agenda.

Friday, September 5, 2025

Macroeconomics and Events:

• The day begins with Asian releases: inflation in the Philippines (August) and leading economic indicators for Japan. In several Muslim countries (Indonesia, Malaysia, Pakistan) – festive weekends.
• In Europe, statistics on industrial orders in Germany (for July) and retail sales in the UK (for July), as well as Halifax house price index, will be published. France will release trade data for goods. These indicators will help assess economic dynamics in the largest economies of Europe at the beginning of Q3.
• The Eurozone will present the third (final) estimate of GDP change for Q2 2025. Preliminary data indicated moderate growth of ~0.1% quarter-on-quarter, so confirmation or revision of these figures will influence investor sentiment in Europe.
• The climax of the week is the US employment report for August: the number of new non-farm payroll jobs (Non-Farm Payrolls), the unemployment rate, and average hourly wage growth. This is one of the most important economic indicators of the month, influencing the Fed's policy. A continued trend of slowing hiring is expected, which might enhance expectations for monetary policy easing.
• In Canada, parallel employment and unemployment data will be released for August, impacting the Canadian dollar exchange rate and commodity markets.

Corporate Reporting:

• The week will conclude with a limited flow of reports. Before the US market opens, ABM Industries (ABM, US) will present results – an indicator of the state of the service outsourcing sector. Overall, Friday is expected to be calm, as major companies already reported earlier in the week.

Table: Major Company Reports for September 1–5, 2025

Conclusion. The upcoming week combines crucial economic and corporate events that the markets are paying attention to. At the macro level, the report on employment in the US (NFP) takes center stage – a key indicator for the Fed, alongside inflation and GDP data in Europe (flash CPI, final GDP assessment for the Eurozone). The outcomes will signal to investors the state of the global economy and potential actions by regulators. On the corporate front, the earnings season for Q2 is concluding: among the most anticipated releases are results from Salesforce and Broadcom, which will showcase trends in technology and industry. Retailers and manufacturers’ reports (Dollar Tree, Lululemon, etc.) reflecting consumer demand are also noteworthy. Additionally, the first-half results from Russian companies (LUKOIL, Rosneft, etc.) will influence the market for CIS investors. The combination of these factors will shape market participants' sentiment: a mix of strong financial reports from companies and favorable macroeconomic dynamics could support growth, while negative surprises may heighten caution. Investors are advised to closely monitor these indicators and events, as they will determine the direction of financial markets at the transition from summer to autumn.