Next week’s key non-farm payrolls data is set to hit, ushering in a "data super week" for markets.

Next week, global markets will be greeted with a series of key economic data releases and central bank officials’ speeches, with U.S. employment, inflation figures, and Federal Reserve policy signals drawing particular attention. On Tuesday, the U.S. will release August’s JOLTs job openings and September’s consumer confidence index. On Wednesday, August’s core PCE price index, personal spending, second-quarter GDP final estimate, and ADP employment data are due, with multiple Federal Reserve officials set to deliver speeches. On Thursday, the U.S. will release September’s ISM Manufacturing PMI and initial jobless claims, while several Federal Reserve officials, as well as representatives from the Bank of England and European Central Bank, will also make frequent public remarks. Friday will bring the week’s most critical U.S. economic data: September’s nonfarm payrolls, unemployment rate, and average hourly earnings. Among these, nonfarm payrolls and wage data will serve as key references for markets to assess U.S. labor market conditions and the Federal Reserve’s future policy path. Additionally, the euro zone will release September’s preliminary CPI figures, and Japan will publish August’s unemployment rate. On Sunday, seven OPEC+ oil-producing nations will hold their monthly oil policy meeting, with markets closely watching the group’s latest crude supply policy arrangements; Australia will also enter daylight saving time on the same day.