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What key events and releases are scheduled for next week (some subject to the US shutdown)

What economic events or releases are due for release next week? The RBNZ will meet is expected to cut rates by 25 basis points to 2.75%.

The FOMC meeting minutes are expected to be released at 2 PM Wednesday subject to cancellation because of the government shutdown.

Hope is that the US nonfarm payrolls will be released on Friday, but to is subject to government reopening. Canada jobs report will be released on Friday.

Also on Friday, preliminary University of Michigan consumer sentiment will be released as it is a privately generated economic release.

Below is the some of the key events releases:

Monday, Oct 6

Tuesday, Oct 7

  • CAD: Ivey PMI – 10:00am ET (Forecast 51.2, Previous 50.1)

  • EUR: ECB President Lagarde Speaks – 12:10pm ET

  • NZD: Official Cash Rate – 9:00pm ET (Forecast 2.75%, Previous 3.00%)

  • NZD: RBNZ Rate Statement – 9:00pm ET

  • JPY: BOJ Gov Ueda Speaks – Time Tentative

Wednesday, Oct 8

Thursday, Oct 9

  • CNY: New Loans – Time Tentative (Forecast 590B)

  • USD*: Unemployment Claims – Time Tentative (Forecast 225K, Previous 218K)

  • USD*: Unemployment Claims – 8:30am ET (Forecast 233K)

  • USD*: Fed Chair Powell Speaks – Time Tentative

  • AUD: RBA Gov Bullock Speaks – 9:00pm ET

Friday, Oct 10

  • CAD: Employment Change – 8:30am ET (Forecast 2.8K, Previous -65.5K)

  • CAD: Unemployment Rate – 8:30am ET (Forecast 7.2%, Previous 7.1%)

  • USD*: Average Hourly Earnings m/m – Time Tentative (Forecast 0.3%, Previous 0.3%)

  • USD*: Non-Farm Employment Change – Time Tentative (Forecast 52K, Previous 22K)

  • USD*: Unemployment Rate – Time Tentative (Forecast 4.3%, Previous 4.3%)

  • USD: Prelim UoM Consumer Sentiment – 10:00am ET (Forecast 54.6, Previous 55.1)

  • USD: Prelim UoM Inflation Expectations – 10:00am ET (Forecast 4.7%, Previous 4.7%)

* U.S. government data may be impacted by the shutdown. “Tentative” events are subject to delay, revision, or cancellation.

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