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Macro US Stocks

US Q2 GDP, PCE, ADP and Global CPI Data Headline Wednesday’s Calendar

The US releases its final second-quarter GDP reading alongside August personal income and PCE data at 20:30 Beijing time on Wednesday, with the September ADP employment report at 20:15. UK, French, German and Italian inflation and labor data are due earlier in the session, and Micron Technology reports earnings after the US close.

Original source

AI take

The sequencing matters more than any single print: euro-area inflation and labor data land first, then US growth and PCE, with ADP just ahead of the GDP release. For crypto and RWA markets, the PCE component carries the most weight, since it feeds directly into rate expectations that have driven risk appetite all year. Whether the European readings shift the dollar's tone before the US data even arrives is the open question.

Generated by AI for reference only.

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