- US ISM Manufacturing PMI (September) (October 1st at 15:00 GMT+1)
August’s PMI printed at 59.9. The consensus forecast for September is 59.9.
Possible influence: Volatile US Dollar, Gold and US Stocks
- OPEC and Non OPEC Ministerial Meeting (October 4th)
OPEC and Non OPEC meeting expected to confirm sticking to its current production deal
Possible Influence: Volatile Brent and Crude Oil (WTI) prices
- The Reserve Bank of Australia Meeting (October 5th at 5:30 GMT+1)
Current rates in Australia are set at 0.10% and no change is forecasted
Possible Influence: Volatile AUDUSD
- U.S. Unemployment Rate and Non-Farm Payrolls (NFP) (September) (October 8th at 13:30 GMT+1)
The Unemployment rate for August was 5.2%. It is expected to be 5.0% in September. Non-Farm Payrolls are expected to rise to 410,000 for September, higher than August’s figure of 235,000.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Inflation data in US (September) (October 13th at 13:30 GMT+1)
Core CPI (excluding food and energy) was 4.0%, Year-over-Year in August. September’s Core CPI is expected to remain at 4.0%, Year-over-Year. Top-line CPI for August came in at 5.3%, Year-over-Year. The forecast for Top-line CPI for August is 5.2%, Year-over-Year.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Retail Sales in US (September) (October 15th at 13:30 GMT+1)
Retail Sales rose 0.7%, Month-over-Month, in August. Retail Sales for September are forecast to fall 0.8%, Month-over-Month. Core Retail Sales in August climbed 1.8%, Month-over-Month. They are expected to drop 0.1%, Month-over-Month, in September.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Bank of Canada Meeting (October 27th at 16:00 GMT+1)
The current interest rate is 0.25% and is likely to remain unchanged
Possible Influence: Volatile USDCAD
- Bank of Japan Meeting (October 28th at 00:30 GMT+1)
Current rates are -0.10% with no change expected.
Possible Influence: Volatile USDJPY
- European Central Bank Interest Rate Decision (October 28th at 13:45 GMT+1)
ECB set to meet to discuss interest rates which are likely to remain unchanged. ECB deposit rate currently at -0.50%.
Possible Influence: Volatile Euro
- G 20 Summit (October 30 - October 31st)
Leaders of 20 of the most developed economies to meet in Rome. Covid and economic cooperation likely to be high on the agenda
Possible Influence: Volatility on global stocks, potential influence on safe haven assets such as Gold
- US Earnings Season (October)
3rd Quarter Earnings Season kicks into full gear mid-month. Companies scheduled to post quarterly earnings include Pepsi, Delta Airlines, JP Morgan, Morgan Stanley, Citigroup, Netflix, Tesla, Microsoft, Boeing, Apple, Facebook, Google, Amazon, Kraft Heinz, Exxon Mobil, Moderna, and many more.
Possible Influence: Volatile US Stocks
- U.S. Fiscal Spending and Debt Ceiling Vote(October)
The Democratic controlled United States Congress is trying to pass two large spending bills and raise the country’s debt ceiling limit. The two bills are a $3.5 trillion budget bill that includes many new social spending programs and higher taxes, and a $1.2 trillion infrastructure bill which has a small amount of bipartisan support. As of this writing, Democrat infighting between their progressive wing and their moderate wing is putting both bills in jeopardy. More importantly, Treasury Secretary Yellen informed the Congress that without a debt ceiling increase the United States will run out of money around October 18th and could default on its Treasury obligations.
Possible Influence: Volatile US Stocks and Indices, Global Stocks and Indices, Commodities, Currencies