In the European session, we don't have much on the agenda other than a couple of low tier releases like the Swiss consumer confidence and the Italian industrial production data. Neither of those will change anything for their respective central banks. In the American session, we have the Canadian employment report and the University of Michigan consumer sentiment data. The consensus sees 5K jobs added in September vs -65.5K in August, and the unemployment rate to tick higher to 7.2% vs 7.1% prior. This report shouldn't change much for the BoC unless we get big deviations from the expectations. At the last meeting, the BoC cut rates by 25 bps bringing the policy rate to 2.5%, which is close to the lower bound of their estimated neutral rate range (2.25%-3.25%). That's why the market is expecting one last cut before the end of the easing cycle. BoC's Rogers said that they are not contemplating any change to the policy rate and Governor Macklem said they will be looking at the balance of risks in October. The next policy announcement is on the 29th of October, so they will also have the chance to see the inflation report before the meeting. Right now, another 25 bps cut is fully priced in by December but there's also a 63% probability that we get the last cut as soon as October. The University of Michigan consumer sentiment report is expected at 54.2 vs 55.1. The index fell off a cliff in the first part of the year due to Trump's tariffs and after a brief recovery, it rolled over again. It seems like price pressures is what is weighing on the sentiment, which was also the reason for the fall in the sentiment in 2021 despite good economic conditions. Inflation expectations will also be eyed as they remain elevated (although lower than April's peak).Central bank speakers:07:40 GMT/03:40 ET - ECB's Escriva (neutral - voter)13:45 GMT/09:45 ET - Fed's Goolsbee (neutral - voter)17:00 GMT/13:00 ET - Fed's Musalem (hawkish - voter) This article was written by Giuseppe Dellamotta at investinglive.com.