German Chancellor Merz: (Regarding military spending) We must correct the shortcomings of the past 15 years. The German Federal Armed Forces are far from being as strong as they should be.

In its 2026 interim report, Changguang Huaxin posted 1H revenue of 391 mln yuan, up 82.67% YoY, and net profit attributable to shareholders of 30.34 mln yuan, up 238.04% YoY. The company cited rapid growth in its optical communications business and valuation gains from an invested photonics fund. Q2 net profit was 26 mln yuan versus 4 mln in Q1, implying a QoQ rise of about 477%.

Monday — China August official manufacturing PMI; Germany preliminary August CPI (MoM); Dallas Fed business activity index (Aug). G20 finance ministers and central bank governors meeting runs through Sept. 1. Tuesday — China August RatingDog manufacturing PMI; final Aug manufacturing PMIs for France, Germany, UK and euro area; euro area preliminary Aug CPI and July unemployment; UK Nationwide house prices (Aug MoM) and July mortgage approvals; Switzerland retail sales (Jul YoY). US final/flash PMIs, ISM manufacturing (Aug), JOLTs vacancies (Jul) and July construction spending. SCO heads-of-state council meeting. Corporate: NIO, Dell (post‑close). Wednesday — US weekly API and EIA crude inventories (week to Aug. 28); Australia Q2 GDP (YoY); US ADP payrolls (Aug) and July factory orders. RBNZ rate decision and policy statement. BOC rate decision; Governor Macklem and SDG Rogers hold policy press conference. Corporate: Broadcom (post‑close). Thursday — China August RatingDog services PMI; Swiss Aug CPI (MoM); final Aug services PMIs for France, Germany, UK and euro area; euro area July PPI (MoM). US Challenger layoffs (Aug), initial jobless claims (week to Aug. 29), July trade balance, final S&P Global services PMI (Aug) and ISM non‑manufacturing (Aug). EIA weekly natural gas storage (week to Aug. 28). Fed Beige Book release; Fed Governor WALLER interview. Friday — euro area July retail sales (MoM); Canada August employment. US August Unemployment rate, seasonally adjusted nonfarm payrolls and average hourly earnings (YoY and MoM). August global supply‑chain pressure index. FOMC voter and Cleveland Fed president to open the “Fed Community” event. BOE Governor BAILEY speaks. Saturday — US Baker Hughes rig count (week to Sept. 4). ARAMCO publishes official crude selling prices around the 5th of the month.