As global markets navigate a pivotal week, attention is focused on economic data and central bank decisions amidst a tense geopolitical climate. The U.S. Federal Reserve has recently implemented its first rate cut since December, signaling potential further reductions. This move sets the stage for a series of critical U.S. economic indicators, including housing data, durable goods orders, consumer sentiment, and inflation metrics. Investors are particularly keen on the personal consumption expenditures price index, a key inflation gauge, to gauge the economic outlook. The dollar has already touched its lowest level since 2022, and weaker-than-expected data could exacerbate its decline. Meanwhile, the Swiss National Bank is expected to maintain its benchmark rate at 0%, despite the challenges posed by a strong Swiss franc, which has surged 15% against the dollar this year. In Europe, preliminary estimates for the September euro zone PMI are anticipated to show manufacturing improvements and service sector stabilization. The UK’s flash PMI, released alongside the Bank of England’s steady rate decision, will reflect ongoing concerns over inflation and tax hikes. Australia’s August consumer price index, due ahead of the Reserve Bank of Australia’s policy meeting, is expected to show easing inflation, supported by new electricity rebates. On the global stage, world leaders are convening at the United Nations General Assembly in New York, addressing pressing issues such as the Gaza conflict, Ukraine war, and Iran’s nuclear tensions. The week’s developments will shape market sentiment and economic trajectories across the globe.