Resilient Markets Amid Inflation Signals and Mixed Earnings (September 8 – 12, 2025 Recap)

The past week was marked by key economic releases from the US, Europe, and the UK, as well as central bank updates and corporate earnings. Inflation data, labor market signals, and growth figures shaped currency moves, while commodities and equities posted solid weekly gains. Earnings from Oracle, Adobe, and Kroger highlighted mixed sector performance, with Oracle standing out as a market mover.

Major Economic Indicators and Events in Review

Wednesday, September 10

15:30 – USA: PPI m/m (USD)

The US Producer Price Index (PPI) for final demand slipped 0.1% in August after rising 0.7% in July and 0.1% in June. Year-over-year, the index gained 2.6%. The decline was driven by a 0.2% drop in service prices, while goods edged up 0.1%. Excluding food, energy, and trade services, core PPI rose 0.3% in August, marking a 2.8% annual increase—the largest since March 2025.

The EURUSD slipped 0.1% from the previous day’s close.

Thursday, September 11

15:15 – Europe: Main Refinancing Rate (EUR)

The ECB kept interest rates unchanged, with inflation near its 2% target and projections broadly stable. Headline inflation is seen at 2.1% in 2025, easing thereafter, while growth is expected at 1.2% in 2025. Rates remain at 2.00% (deposit), 2.15% (refi), and 2.40% (lending).

EURUSD rose 0.33% day over day

15:30 – USA: CPI m/m (USD)

US consumer prices rose 0.4% in August after a 0.2% gain in July, lifting annual CPI to 2.9%. Shelter, food (+0.5%), and energy (+0.7%) drove the monthly increase. Core CPI, excluding food and energy, rose 0.3% on the month and 3.1% over the year.

USDJPY decreased by 0.17% compared to the previous day.

15:30 – USA: Unemployment Claims (USD)

US jobless claims rose to 263,000 in the week ending September 6, the highest since October 2021. The 4-week average climbed to 240,500, while the insured unemployment rate held steady at 1.3%.

The US dollar index fell by 0.31% on the day.

Friday, September 12

09:00 am – UK: GDP m/m (GBP)

UK GDP was flat in July 2025 after rising 0.4% in June. Over the three months to July, GDP grew 0.2%, driven by services (+0.4%) and construction (+0.6%), while production fell 1.3%.

GBPUSD edged down 0.13% on the day.

17:00 – USA: Prelim UoM Consumer Sentiment (USD)

US consumer sentiment edged down in early September, with declines in views on personal finances and economic conditions, especially among lower- and middle-income households. Buying conditions for durables improved, but concerns over business, jobs, and inflation persisted. Year-ahead inflation expectations held at 4.8%, while long-run expectations rose to 3.9%.

The EURUSD inched up 0.01% from the previous day’s close.

Commodities

1. Crude Oil
   1. Crude oil prices increased by 1.02% over the past week
2. Brent Oil
   1. Brent was up 1.84% compared to the previous week
3. Gold
   1. The precious metal Gold (XAUUSD) concluded the week on Friday with a 1.58% weekly increase
4. Silver
   1. XAGUSD increased by 2.93% from last week

Stock Market

1. S&P 500 increased by 1.59%
2. DJIA was up by 0.88%
3. NASDAQ 100 increased by 1.93%

Top Gainers

1. Eightco Holdings Inc. (ORBS) 977.24%
2. QMMM Holdings Limited (QMMM) 875.30%
3. Wearable Devices Ltd. (WLDS) 780.37%

Top Losers

1. Lucas GC Limited (LGCL) -69.05%
2. YY Group Holding Limited (YYGH) -68.74%
3. Bollinger Innovations, Inc. (BINI) -61.61%

Company Earnings (September 8 -12)

Tuesday, September 9: ORCL (Oracle Corporation)

Thursday, September 11: ADBE (Adobe Inc.)

Thursday, September 11: KR (The Kroger Co.)

Oracle shares surged to a record high despite a slight earnings and revenue miss, as upbeat cloud growth and strong forward guidance fueled investor optimism.

ORCL shares jumped 25.51% over the week.

Adobe beats Q3 earnings and revenue estimates, with strong AI-driven growth and raised full-year guidance failing to offset investor caution over slower AI adoption.

ADBE increased by 0.11% compared to the previous week.

Kroger posted its sixth straight quarter of identical sales growth (+3.4%) with e-commerce up 16% and strong private-label momentum, aided by price cuts and AI-driven efficiencies. However, challenges include store closures, job cuts, weaker fuel sales, margin pressure from pharmacy growth, and ongoing uncertainty in e-commerce profitability.

KR shares edged up 0.8% from the previous week.

Conclusion

Overall, markets digested a busy week of economic data and earnings with resilience. Inflation and labor market signals kept monetary policy in focus, while commodities and equities posted steady gains. Corporate earnings were mixed, with Oracle delivering standout performance, Adobe showing cautious optimism, and Kroger balancing growth with structural challenges. Looking ahead, investors remain focused on inflation trends, central bank policy, and the pace of corporate profitability.