Next week...this week

Latest edition · October 2, 2026

DB Thematic Research Next week...this week

Deutsche Bank previews the week of October 5–9, highlighting central bank communication including the FOMC minutes, the ECB September meeting account, and US ISM services data. Key international data include German industrial activity indicators, Japanese wage growth, and the OPEC+ output meeting.

The upcoming week will be defined primarily by central bank updates, led by the release of the FOMC minutes—which will provide context on the Fed's first rate hike in three years—and the ECB's September meeting account, alongside speeches from Fed, ECB, BoE, and BoJ officials. In the US, macro attention centers on the September ISM services index (forecast by DB to rise to 55.9) and University of Michigan sentiment. Across Europe, Germany will release factory orders, industrial production, and trade data, while Sweden and Norway publish inflation figures. In Asia, Japan reports wage and spending data, and global attention will also turn to the OPEC+ meeting and Brazil's presidential election.

Key takeaways from the latest edition

• 1.Central banks headline the week, featuring the FOMC minutes, the ECB's account of its September meeting, and an extensive slate of central bank speakers.
• 2.Key US indicators scheduled include the September ISM services index (projected at 55.9 vs. 55.4 prior) and the preliminary October University of Michigan consumer sentiment survey.
• 3.European and Japanese data releases focus on industrial activity across Germany, France, and Italy, along with August labor cash earnings in Japan expected to accelerate to 3.6% YoY.

What this series covers

• Next week...this week
• Day-by-day calendar of events
• Key DB macro publications from the past week

Edition archive

• DB Thematic Research Next week...this week

  October 2, 2026

• 26 09 18 Next week

  September 18, 2026

• 26 09 04 Next week

  September 4, 2026

• 26 08 14 Next Week

  August 14, 2026