September 30, 2025
The ISM Manufacturing PMI's previous print was 48.7. The number was lower than the expected 49.0.
Possible Influence: Volatile US Dollar, Gold, and US Stocks
The previous month had unemployment at 4.3%. Nonfarm Payrolls for the previous month printed 22,000.
Possible Influence: Volatile US Dollar, Gold, and US Stocks
Eight OPEC+ members (Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman) will hold their monthly meeting to discuss and set voluntary production levels from November. According to Reuters, the cartel is expected to add more output.
Possible Influence: Volatile Crude oil
The 3rd Quarter earnings season kicks off in October, with the banks starting off.
Of the major companies, JP Morgan, Goldman Sachs, Bank of America, Netflix, and Tesla are expected to declare their earnings in October.
Possible Influence: Volatile US Stocks
Top-line Year on Year CPI for July came in at 2.9%, in line with expectations.
Possible Influence: Volatile US Dollar, Gold, and US Stocks
Month-over-Month Retail Sales were at 0.6% in August, which was higher than the 0.4% expected.
Possible Influence: Volatile US Dollar, Gold, and US Stocks
The Bank of Canada will meet to set interest rates. They are currently 2.50% after a rate cut of 25 basis points in September. The bank is expected to keep rates unchanged, although it has signaled that it could cut again in the future.
The Federal Open Market Committee of the U.S. The Federal Reserve will conclude its 2-day meeting to decide on interest rates. The current rate is 4.25%, after a 25-basis point cut in September. Analysts expect the rate could be cut by 25 bps in October to 4.0%.
Possible Influence: Volatile US Dollar, Gold, and US Stocks
The Bank of Japan will meet to set its interest rates. In September, the bank kept interest rates at 0.50%. Rates are expected to go up before the end of the year, however.
Possible Influence: Volatile Japanese Yen
The European Central Bank will meet to discuss interest rates. Rates are currently at 2.15% after a rate cut of 25 basis points in June. It's expected that rates will remain unchanged this month.
Possible Influence: Volatile EUR/USD, GER40
The APEC (Asia–Pacific Economic Cooperation) event will take place in South Korea and will gather global political and economic leaders (finance ministers, leaders of industry) to discuss business and trade (including energy, AI, etc.), and will be attended by global leaders led by President Trump and President Xi of China who are expected to meet. Other leaders will include the Presidents of Canada, Australia, Mexico, South Korea, and Singapore, among others.
Possible Influence: Gold, US Stocks, and Oil