The head of Germany's foreign intelligence agency stated that the confrontation with Russia has reached a new and more dangerous level. Germany faces the risk of violent conflict with Russia.

1. Monday: ① Data: France September Services PMI final reading; Germany September Services PMI final reading; Eurozone September Services PMI final reading; Eurozone October Sentix Investor Confidence Index; UK September Services PMI final reading; Eurozone August PPI month-on-month; US September S&P Global Services PMI final reading; US September ISM Non-Manufacturing PMI. ② Events: Saudi Aramco announces official crude oil prices around the 5th of each month. ③ Holidays: Seoul Stock Exchange closed; Hong Kong Stock Exchange open as usual, northbound and southbound trading closed; Shanghai and Shenzhen Stock Exchanges, Beijing Stock Exchanges, and domestic futures exchanges closed. 2. Tuesday: ① Data: France August Industrial Production month-on-month; Switzerland September Seasonally Adjusted Unemployment Rate; Eurozone August Retail Sales month-on-month; US ADP Employment Change for the week ending September 19; US August Trade Balance; US September Global Supply Chain Stress Index. ② Events: Bank of Japan Governor Kazuo Ueda delivers a speech; FOMC permanent voting member and New York Fed President Williams chairs the Fed's 2026 Governance and Cultural Reform Conference. ③ Holidays: Hong Kong Stock Exchange remains open, but northbound and southbound trading is closed; Shanghai and Shenzhen stock exchanges, Beijing stock exchanges, and domestic futures exchanges are closed. 3. Wednesday: ① Data: US API crude oil inventories for the week ending October 2; German August seasonally adjusted industrial production month-on-month; UK September Halifax seasonally adjusted house price index month-on-month; French August trade balance; US EIA crude oil inventories for the week ending October 2; US EIA Cushing, Oklahoma crude oil inventories for the week ending October 2; US EIA strategic petroleum reserves for the week ending October 2; US September New York Fed 1-year inflation expectations; China September foreign exchange reserves (pending). ② Events: EIA releases monthly Short-Term Energy Outlook report; 07:00 FOMC permanent voting member and Dallas Fed President Logan delivers a speech. ③ Holidays: The Hong Kong Stock Exchange will remain open as usual, but northbound and southbound trading will be closed; the Shanghai and Shenzhen Stock Exchanges, the Beijing Stock Exchange, and domestic futures exchanges will be closed and will resume normal trading on October 8 (Thursday). 4. Thursday: ① Data: US 10-year Treasury auction results (ending October 7) - winning yield, US 10-year Treasury auction results (ending October 7) - bid-to-cover ratio; Japan's August trade balance; Germany's August seasonally adjusted trade balance; US initial jobless claims for the week ending October 3, US August wholesale sales month-on-month rate, US EIA natural gas storage for the week ending October 2. ② Events: The Federal Reserve releases the minutes of its monetary policy meeting; the European Central Bank releases the minutes of its September monetary policy meeting; Bank of England Governor Bailey delivers a speech. 5. Friday: ① Data: Swiss September consumer confidence index; Canadian September employment change; US October 1-year inflation rate expectations (preliminary), US October University of Michigan consumer sentiment index (preliminary); China's September M2 money supply annual rate. ② Event: Speech by St. Louis Fed President Musaleem, a 2028 FOMC voting member. ③ Holiday: Seoul Stock Exchange closed; Taiwan Stock Exchange closed. 6. Saturday: ① Data: Total number of US oil rigs for the week ending October 9. ② Event: Speech by Boston Fed President Collins, a 2028 FOMC voting member.

Italy September services PMI 51.7, below expected 54.6 and down from prior 55.2.