European Markets Steady Amid Global Uncertainty as Indices Show Mixed Performance and China’s Economic Woes Resonate

# European Markets Steady Amid Global Uncertainty as Indices Show Mixed Performance and China’s Economic Woes Resonate

**Note**: This analysis is generated during European session, markets open. Event times in US Eastern Time.

## Major News

Global markets are reacting to a mix of economic signals and anticipation of central bank decisions. China’s economic slowdown continues to weigh on sentiment, with August retail sales and industrial output falling short of expectations, reflecting weak domestic demand. This has raised concerns about broader economic implications.

In the U.S., futures are showing slight gains ahead of the Federal Reserve’s policy meeting this week, with S&P 500 Futures up 0.09%, Dow Futures up 0.11%, and Nasdaq Futures up 0.10%. European indices are expected to open mixed, with the Euro Stoxx 50 up 0.28% and the DAX gaining 0.05%, while the FTSE 100 shows a modest increase of 0.13%. The Nikkei, however, has dipped 0.14%.

On the currency front, the Pound Sterling has strengthened against the U.S. Dollar, marking its third consecutive weekly gain, while gold prices are fluctuating around $3,650, with speculation about the Fed’s upcoming decisions influencing market direction. Additionally, Fitch’s downgrade of French bonds is causing underperformance in that market segment, highlighting ongoing political challenges in Europe. Overall, market sentiment remains cautious as investors await clarity from central banks.

## Performances

### US Futures

US futures indicate opening sign for cash market.

### Major US Indices (Previous Close)

Previous close performance for US indices.

### European Indices Performance

### Nikkei Performance

### FX Performance

### Commodities Performance

### BTC and ETH Performance

## Economic Calendar of Today (Most Important Events)

The following table lists high-importance economic events for today, 2025-09-15, with times in US Eastern Time.

**Notes**:
– **Cur**: Currency associated with the event (with flag emoji).
– **Imp**: Importance (High, Medium, Low, None).
– **Actual**: Reported value (if available).
– **Forecast**: Expected value (if available).

On September 15, 2025, several key economic events are poised to influence market sentiment and currency valuations.

At 02:30 ET, Switzerland’s Producer Price Index (PPI) for August showed a surprising decline of -0.6%, significantly below the forecast of 0.1%. This unexpected downturn may lead to a depreciation of the Swiss Franc (CHF) as it raises concerns about deflationary pressures in Switzerland.

Simultaneously, India’s Wholesale Price Index (WPI) inflation for August came in at 0.52%, exceeding expectations of 0.30%. This stronger-than-anticipated figure could bolster the Indian Rupee (INR), signaling resilience in the Indian economy amid global inflationary trends.

Later, at 08:30 ET, the NY Empire State Manufacturing Index for September is expected to be reported at 4.30. A significant deviation from this forecast could impact the US Dollar (USD) as it reflects manufacturing sector health.

In the Eurozone, the Trade Balance data for July and speeches from ECB officials later in the day could provide insights into the economic outlook and monetary policy direction, influencing the Euro (EUR). Market participants will closely watch these developments for potential shifts in currency dynamics.

## Remaining Economic Calendar Comment for the Week (Important Events Only)

This week’s economic events present a mixed bag of data with significant implications for various currencies.

The Swiss PPI for August reported a surprising decline of -0.6%, contrasting sharply with the forecast of 0.1%. This unexpected drop could put downward pressure on the CHF as it suggests weakening inflationary pressures.

In India, the WPI Inflation for August came in at 0.52%, exceeding expectations of 0.30%, which may support the INR as it indicates stronger price pressures in the economy.

The Eurozone will be closely watching the ECB’s speeches, particularly from President Lagarde, alongside the German ZEW Economic Sentiment and Current Conditions, which could influence the EUR. The ZEW Economic Sentiment is expected at 26.4, indicating optimism, while the Current Conditions are forecasted at -65.0, suggesting economic challenges.

In the U.S., the Fed’s interest rate decision at 2:00 PM, with expectations of maintaining rates at 4.25%, will be pivotal for the USD. Additionally, the Atlanta Fed GDPNow projection of 3.1% for Q3 may bolster confidence in the U.S. economy.

The Canadian CAD may be impacted by the BoC’s interest rate decision, anticipated at 2.50%, while the Australian employment data could influence the AUD, especially with an expected unemployment rate of 4.2%.

Overall, the week holds potential volatility across these currencies, driven primarily by central bank communications and