This Week's Macro Outlook: Non-Farm Payrolls and PCE Data Set to Make Waves, Micron to Release Earnings After Hours on Wednesday

BlockBeats News, September 28 — The highlight of this week's macroeconomic data is undoubtedly Friday's U.S. non-farm payroll report. This report includes three key metrics: non-farm payrolls, unemployment rate, and average hourly earnings, which are directly tied to the Federal Reserve's interest rate trajectory. It is a critical employment data point ahead of the October FOMC meeting. Below are the key events the market will focus on this week (all times in Beijing Time): - Wednesday 20:15: U.S. September ADP Employment Change - Wednesday 20:30: U.S. August Core PCE Price Index YoY - Thursday 16:00: Speech by Bank of England Governor Bailey - Thursday 20:30: U.S. Initial Jobless Claims for the week ending September 26 - Thursday 21:30: Speech by European Central Bank President Lagarde - Friday 20:30: U.S. September Non-Farm Payrolls (seasonally adjusted) and Unemployment Rate Starting early Wednesday, Federal Reserve officials will engage in a flurry of public appearances. 2027 FOMC voting member and Chicago Fed President Goolsbee, along with 2028 FOMC voting member and St. Louis Fed President Bullard, will deliver speeches. Permanent FOMC voting member and New York Fed President Williams will give a keynote speech at the University at Buffalo. On Thursday, Fed Governor Cook, Minneapolis Fed President Kashkari, and Richmond Fed President Barkin will make consecutive statements. On Friday, Williams and Dallas Fed President Logan will also have public engagements. Regarding U.S. equities: Micron (MU.O) will release its earnings report after hours on Wednesday. On Thursday, Nike (NKE.N) will announce its latest quarterly earnings. These two companies represent key themes of memory chips and consumer demand, respectively.