With a new trading week comes new opportunities. So, we’ve gathered insights for the week ahead that highlight the current trends, scheduled events and potential movers to watch. Let’s get started.          

   

Calendar Events     

  • China PMI – September 30  
  • Reserve Bank of Australia Interest Rate Decision – September 30  
  • UK Q2 GDP – September 30  
  • US JOLTS Job Openings – September 30  
  • US Consumer Confidence – September 30  
  • Eurozone Flash CPI – October 1  
  • US ADP Employment Change – October 1  
  • US ISM Manufacturing PMI – October 1  
  • Switzerland CPI – October 2  
  • Eurozone Unemployment Rate – October 2  
  • Bank of Japan Governor Ueda Speech – October 3  
  • European Central Bank President Lagarde Speech – October 3  
  • US Non-farm Payrolls – October 3  
  • US Unemployment Rate – October 3  
  • US Average Hourly Earnings – October 3  
  • US ISM Services PMI – October 3  

Top Things to Watch  

US Government Shutdown Looms  

The US risks a government shutdown️ as Congress struggles over funding, threatening service disruptions and delayed economic data.  President Trump will meet with congressional leaders on Monday after canceling talks with Democrats last week, calling their demands “unserious and ridiculous.”   

Trump’s Latest Tariff Wave   

President Trump has announced a new round of tariffs on imported drugs, trucks and furniture, set to take effect October 1. ?? The move adds to trade tensions and heightens concerns over the economic outlook, as markets already weigh the risks of a US government shutdown and upcoming Federal Reserve policy decisions.  

Labor Market Data  

This week is packed with high-impact labor market data.  Friday set to be the most volatile day of the week as Nonfarm Payrolls (NFP) and the unemployment rate takes centre stage. NFP for September is expected to show an addition of 39,000 jobs added  while the unemployment rate is set to stay steady at 4.3%.  

Trending Now: Gold  

Latest available close price compared with the previous day’s close price. Updated at 2025-09-29 07

Source: Acuity  


Source: TradingView  
  

Why It’s Trending?  

Gold is pressing above $3,800 as markets price in Fed rate cuts and the US dollar weakens. Meanwhile, safe-haven demand is rising amid government shutdown fears and tariff uncertainty. Strong US data could stall the rally by supporting the dollar, but geopolitical headwinds and dovish Fed expectations continue to support gold.