Tuesday

The Institute of Supply Management and S&P Global release their separate surveys of purchasing managers on economic activity in the U.S. services sector.

Wednesday

The Commerce Department reports on U.S. exports and imports of goods and services in July. The trade deficit shrank in June due to higher shipments of energy and food products combined with a decline in imports.

The Federal Reserve releases its periodic compilation of economic anecdotes collected from businesses around the country, known as the Beige Book, including what they have seen happening with inflation, employment and output growth in recent weeks.

Thursday

The European Central Bank announces its latest monetary-policy decision. In July, the ECB raised interest rates by a half-percentage point and unveiled a plan to buy the debt of Europe’s most vulnerable economies, seeking to protect the currency union as it navigates the twin threats of skyrocketing inflation and slowing economic growth.

The Labor Department releases the number of worker filings for unemployment benefits on the week ended Sept. 3. Initial jobless claims, a proxy for layoffs, fell to a two-month low in the week ended Aug. 27, though they have stayed above the 2019 prepandemic average since late May.

China’s National Bureau of Statistics releases inflation data for August. Consumer prices in China rose to the highest level in two years in July.

—Bingyan Wang and Paul Hannon contributed to this article.