• US GOV shutdown, US FOMC Minutes, AU RBA Gov Speech & US Labour the key headliners!
• US emp change +52k, unemp rate @ 4.3%. RBA Gov speech – rate cut clues?
• AUDUSD to continue consolidating (bullish bias), most likely pivoting between 0.6551 – 0.6640.
• US GOVERNMENT SHUTDOWN! OH BOY!
• The US govt has been in shutdown since 1st October, causing major chaos in financial markets, especially with the delay of releasing US data.
• AUDUSD has remained strong, now sitting at 66c.
• Irrespective of this, we have US FOMC minutes & US labour numbers headlining this week, albeit TBA.
• US employment change of +52K expected with the unemployment rate staying the same @ 4.3%.
• RBA Gov Bullock is expected to give a speech (budget estimates) on Fri @ 9 am, keep an eye out for rate cut clues, despite a higher inflation reading last time around, which could potentially delay the next cut.
• COULD AUD HEAD BACK TO 67c THIS WEEK?
| Economic Calendar: Mon 7th October 2025 – Friday 10th October 2025 (High Impact) (AU/US) | |||||
| Day | Time(AEST) | Event | Country | Forecast | Previous |
| Thur | 5:00am | FOMC Meeting Minutes | US | 225K | 218K |
| Tenative | Unemployment Claims | US | TBA | TBA | |
| Fri | 9:00am | RBA Gov Bullock Speaks | AU | TBA | TBA |
| Tenative | Average Hourly Earnings m/m | US | 0.3% | 0.3% | |
| Tenative | Non-Farm Employment Change | US | 52K | 22K | |
| Tenative | Unemployment Rate | US | 4.3% | 4.3% | |
| Sat | 01:00am | Prelim UoM Consumer Sentiment | US | 54.1 | 55.1 |
| 01:00am | Prelim UoM Inflation Expectations | US | TBA | 4.7% | |
Source: forexfactory.com