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Wells Fargo

Economics Week Ahead

Finvaulta tracks 3 editions of Economics Week Ahead from Wells Fargo, published between June 6, 2026 and August 28, 2026. Each edition is summarized on its own page.

Latest edition · August 28, 2026

Economics Week Ahead

Wells Fargo previews the upcoming week's global economic data, led by an expected rebound in August U.S. nonfarm payrolls to 80K and an unemployment rate of 4.2%. Internationally, accelerating Eurozone CPI supports a September ECB rate hike, the Bank of Canada is expected to hold at 2.25%, and Q2 GDP prints are due for Australia, India, and Brazil.

In the upcoming week, market focus centers on the August U.S. employment report, where Wells Fargo forecasts nonfarm payroll growth to rebound to 80K, average hourly earnings to rise 0.3% MoM, and the unemployment rate to edge up to 4.2%, indicative of a gradual cooling rather than a sharp downturn. Internationally, Eurozone headline CPI is projected to accelerate to 3.4% YoY, bolstering expectations for a 25 bps ECB rate hike in September. Meanwhile, the Bank of Canada is expected to hold its policy rate at 2.25% amid balanced inflation and trade risks. In GDP releases, Australia is seen growing 1.9% YoY, India remaining strong at 7.5% YoY, and Brazil slowing to 0.5% QoQ, which could reinforce calls for a Q4 Selic rate cut.

Read the latest edition in full

Key takeaways from the latest edition

  • 1.August U.S. nonfarm payroll growth is expected to rebound to 80K, with the unemployment rate ticking up slightly to 4.2%, signaling a balanced and gradually cooling labor market rather than a sharp downturn.
  • 2.Eurozone headline inflation is projected to accelerate to 3.4% YoY in August, bolstering the case for a 25 bps European Central Bank rate hike in September.
  • 3.The Bank of Canada is expected to keep its policy rate steady at 2.25% as solid Q2 growth and contained core inflation balance downside risks from U.S. trade tensions.

What this series covers

  • U.S. Week Ahead
  • Employment • Friday
  • Advanced Economies
  • Eurozone CPI • Tuesday
  • Bank of Canada Monetary Policy Meeting • Wednesday
  • Australia GDP • Wednesday
  • Canada Labor Force Survey • Friday
  • Emerging Markets
  • India GDP • Tuesday
  • Brazil GDP • Tuesday
  • Economics Group
  • Required Disclosures

Edition archive

Series at a glance

Editions tracked
3
First edition
June 6, 2026
Latest edition
August 28, 2026
All Wells Fargo research

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