Calendar of macroeconomic data and events18 September 2026
中文标题
宏观经济数据与事件日历 · 2026年9月18日
Core conclusion · Tlines extraction
The week's calendar centers on September flash PMIs for France, Germany, the euro area, the UK and the US, plus Germany's IFO and consumer confidence, euro-area M3 and US jobless claims, durable goods and new home sales. Consensus points to a euro-area composite of 51.5 from 52.0, a German services reading of 50.0 from 49.7 and an IFO business climate of 89.0 from 88.8. Multiple Fed and ECB speakers appear, and Moody's reviews Italy's sovereign rating.
- Institution
- Intesa Sanpaolo
- Published
- 09/18/2026
- Research topic
- Not explicitly stated
- Time horizon
- Not explicitly stated
Key arguments
- Euro-area flash PMIs are expected broadly stable, with the composite seen at 51.5 versus 52.0 in August.
- German IFO gauges are forecast little changed, with the business climate at 89.0 from 88.8.
- US labor and housing data remain in focus, with initial claims at 196k and new home sales at 0.608M.
- Fed and ECB speakers are scheduled throughout the week, alongside Moody's review of Italy's sovereign rating.
Key numbers
- Euro-area composite PMI flash (Sep, consensus)
- 51.5 (previous 52.0)
- German services PMI flash (Sep, consensus)
- 50.0 (previous 49.7)
- German IFO business climate (Sep, consensus)
- 89.0 (previous 88.8)
- US initial jobless claims (weekly, previous)
- 196k
- US new home sales (Aug, consensus)
- 0.608M (previous 0.607M)
Main risks
- Consensus figures may differ from actual releases, and prior values are subject to revision.
- Central bank speakers could alter rate expectations beyond the data releases.
- Moody's review of Italy's sovereign rating could affect peripheral spreads.
Corresponding source evidence
of Michigan Confidence final Sep prel 47.8 Note: (?) First likely date; (**) very important; (*) important.
Context: the conclusion is Tlines' automated extraction, not the institution's wording. Quoted evidence is publisher wording. Scope and date must travel with the conclusion.
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AI analysis
How this page was produced
Tlines extracted the conclusion, arguments, numbers and risks above from the report published by Intesa Sanpaolo on 09/18/2026, then structured them for comparison. The publisher's own wording is reachable through the source link on this page and is displayed in full above. Last updated 10/17/2026. Methodology · Source policy · AI usage · Request a correction