Market Insider

Why analysts say September could be a big deal

September statistically weaker

After a sluggish late August, September promises to pack a punch—with enough major events to influence the course of markets into the end of the year.

A dominant theme will be the diverging policy of central banks. Two major central bank meetings—the European Central Bank Thursday and the Federal Reserve Sept. 17—will underscore the differences that already have resulted in dramatic moves in bond markets as traders prepare for higher U.S. rates and more policy easing in Europe.

Next Friday's August employment report will be one of the more important pieces of economic news, since it could have a direct bearing on what the Fed might say about a path to higher interest rates.