Market Overview - Page 18

The economic calendar for the week ending 10 October includes Jerome Powell’s speech, the US Government shutdown, postponed statistical releases, and the publication of the FOMC and ECB meetings minutes. Weak private sector employment data paint a bleak picture and.

The shutdown came as a bolt from the blue for the US dollar. The greenback was confident that Democrats and Republicans would reach a last-minute agreement. That did not happen. During previous government shutdowns, the dollar index typically fell on.

Consumer prices in Switzerland fell by 0.2% in September. Annual price growth was 0.2%, remaining at this level for the last three months and slightly below the average forecast of 0.3%. The decline was due to the strengthening of the.

ADP reports job losses, raising Fed rate cut chances, market impact uncertain due to weak data and US government shutdown risk.

No matter how strong the trend, corrections are inevitable. The EURUSD pullback was driven by the closing of speculative longs after the Fed cut the federal funds rate, the fall in US stock indices, and strong macroeconomic data. However, as.

AUD rises amid RBA's hawkish stance, while US policy uncertainty and shutdown fears weaken USD, sustaining AUD's upward trend.

US and OPEC Crude oil producers ramp up output, increasing competition for market share; prices face downward pressure despite stocks and commodities growth.

The US jobs report for September is becoming the key event of the week to October 3rd

Gold is trading near record highs, while price pullbacks are attracting new buyers

The US dollar has recovered thanks to the Fed chair's reluctance to signal a rate cut in October, while US stocks overheated in 19 out of 20 valuations

The SNB kept its key rate at 0.0% but ready to intervene as CHF continue its long-term uptrend.

The euro weakens as US dollar strengthens, driven by Germany's slowdown and robust US growth, with further dollar gains expected.