Australia Q2 seasonally adjusted business inventories q/q -0.2% (consensus +0.2%; prior +0.5%).

Mon — China: Aug official manufacturing PMI. Germany: Aug CPI preliminary MoM. US: Aug Dallas Fed business index. G20 finance ministers and central bank governors meet through Sept 1. Tue — China: Aug RatingDog manufacturing PMI. Final Aug manufacturing PMIs for France, Germany, UK and eurozone. Eurozone: Aug CPI preliminary and Jul unemployment. US: final Aug S&P Global manufacturing PMI, Aug ISM manufacturing PMI, Jul JOLTs job openings, Jul construction spending MoM. UK Nationwide house prices MoM; Switzerland Jul real retail sales YoY; UK Jul bank mortgage approvals. SCO heads-of-state council meeting. Corporate: NIO and Dell report after US close. Wed — US weekly API and EIA crude inventories (week to Aug 28). Australia Q2 GDP YoY. US Aug ADP employment, Jul factory orders MoM. RBNZ policy decision and statement. BOC rate decision; Governor Macklem and Senior Deputy Governor Rogers hold policy briefing. Corporate: Broadcom after US close. Thu — China: Aug RatingDog services PMI. Final Aug services PMIs for France, Germany, UK and eurozone. Eurozone Jul PPI MoM; Switzerland Aug CPI MoM. US: Aug Challenger layoffs, weekly initial jobless claims (week to Aug 29), Jul trade balance, final Aug S&P Global services PMI, Aug ISM non-manufacturing PMI. US weekly EIA nat gas stocks (week to Aug 28). Fed releases Beige Book; Fed Governor Waller interview. Fri — Eurozone Jul retail sales MoM. Canada Aug employment. US Aug unemployment rate, Aug seasonally adjusted nonfarm payrolls, Aug average hourly earnings YoY and MoM. Aug global Supply Chain Pressure Index. FOMC voter and Cleveland Fed chair Hamak opens the Fed Community event; Bank of England Governor Bailey speaks. Sat — US weekly Baker Hughes rig count (week to Sept 4). ARAMCO publishes official selling prices around the 5th of each month.

President Lee Jae‑myung has nominated a new cabinet. The current first vice minister at the Ministry of Economy and Finance was nominated as deputy prime minister and minister of economy and finance. Ruling Democratic Party lawmaker Kim Seung‑won was nominated as justice minister. A former deputy commander of the ROK‑US Combined Forces Command was nominated as defense minister. The current first vice minister at the Ministry of Land, Infrastructure and Transport was nominated as transport minister. A Progressive Party lawmaker was nominated as presidential chief secretary for AI future planning, and a former Blue House AI planning chief was nominated as vice chairman of the National AI Strategy Committee.