Economic Calendar

Wednesday, October 7

19:00 BST

The FOMC minutes should highlight exactly how hawkish the Fed was when it raised rates last month and they may even provide some indications about future path of policy. Any hawkish signals should keep the dollar and bond yields supported, while any notable dovish signals could have the opposite impact.

What to watch: USD, Gold

Friday, October 9

13:30 BST

The Canadian jobs report comes at a time when the CAD has been taking a sharp drop even if expectations over a rate hike from the BoC have been on the rise. This is a reflection of the recent US dollar strength than anything else. But last month’s drop of 41.7K was completely unexpected following three months of solid gains in employment. Let’s see how the labour market held up in September.

What to watch: USD/CAD, CAD/JPY

Friday, October 9

15:00 BST

A quieter week for US data will be wrapped by the release of University of Michigan’s closely watched consumer sentiment and inflation expectations surveys. The latter will be watched closely as elevated oil and gas prices continue to boost actual and perceived inflation. Any surprise readings here could hurt sentiment and trigger sharp moves in forex markets/

What to watch: USD, Dow Jones