Yemen armed forces said warplanes carried out more than 11 airstrikes on Houthi positions in Bayda province.

Mon — China publishes Aug foreign-exchange reserves; US and Canadian equity markets closed for Labor Day, metals and oil markets close early, reduced liquidity expected. Tue — China releases Aug trade balance (USD and RMB reporting); US releases Aug NFIB small‑business index and NY Fed 1‑yr inflation expectations; Japan, Germany and France publish July trade data. Wed — China publishes Aug CPI YoY (market‑moving for China inflation/monetary outlook); US weekly ADP employment change to Aug 22. Thu — US 10‑yr Treasury auction (stop‑out yield and bid‑cover ratio); US Aug PPI YoY and MoM; weekly initial jobless claims; existing‑home sales and July wholesale sales; EIA weekly natural‑gas inventory; China posts Aug M2 YoY; EIA and OPEC publish monthly oil reports; Apple hosts autumn product event; TSMC publishes Aug revenue; ECB President Lagarde speaks at Bundesbank event and holds a monetary‑policy press briefing. Fri — US Aug CPI releases: unadjusted YoY, seasonally adjusted MoM and core MoM, plus preliminary 1‑yr inflation expectations and University of Michigan consumer sentiment (prelim); weekly EIA crude and Cushing inventories and SPR stock change; IEA monthly oil report; UK July GDP, manufacturing and industrial output and trade data; China opens new domestic refined‑fuel price adjustment window. Sat — Baker Hughes weekly US rig count to Sep 11; ECB President Lagarde speaks again. Priorities for markets: US CPI and PPI, US 10‑yr auction, China CPI/FX reserves/M2/trade, ECB communications, weekly EIA/OPEC/IEA reports, and TSMC/Apple events.

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