Posted at 26 September 2025 / Categories Market Roundups
Market Roundup
• US Continuing Jobless Claims (Sep 20): 1,926K, 1,930K forecast, 1,928K previous
• US Continuing Jobless Claims (Sep 20): 1,926K, 1,930K forecast, 1,928K previous
• US Core Durable Goods Orders (MoM) (Aug): 0.4%, -0.1% forecast, 1.1% previous
• US Core PCE Prices (Q2): 2.60%, 2.50% forecast, 3.50% previous
• US Corporate Profits (QoQ) (Q2): 0.2%, 2.0% forecast, -3.3% previous
• US Durable Goods Orders (MoM) (Aug): 2.9%, -0.3% forecast, -2.7% previous
• US Durables Excluding Defense (MoM) (Aug): 1.9%, -2.3% previous
• US GDP (QoQ) (Q2): 3.8%, 3.3% forecast, -0.5% previous
• US GDP Price Index (QoQ) (Q2): 2.1%, 2.0% forecast, 3.8% previous
• US GDP Sales (Q2): 7.5%, 6.8% forecast, -3.1% previous
• US Goods Orders Non Defense Ex Air (MoM) (Aug): 0.6%, -0.1% forecast, 0.8% previous
• US Goods Trade Balance (Aug): -85.50B, -95.70B forecast, -103.60B previous
• US Initial Jobless Claims (Sep 20): 218K, 233K forecast, 232K previous
• US Jobless Claims 4-Week Avg. (Sep 20): 237.50K, 240.25K previous
• US PCE Prices (Q2): 2.1%, 2.0% forecast, 3.7% previous
• US Real Consumer Spending (Q2): 2.5%, 1.6% forecast, 0.5% previous
• US Retail Inventories Ex Auto (Aug): 0.3%, 0.2% previous
• US Wholesale Inventories (MoM) (Aug): -0.2%, 0.2% forecast, 0.1% previous
• Canada Average Weekly Earnings (YoY) (Jul): 3.31%, 3.59% previous
•US Existing Home Sales (Aug): 4.00M, 3.96M forecast, 4.01M previous
•US Existing Home Sales (MoM) (Aug): -0.2%, - , 2.0% previous
•US Natural Gas Storage (Sep 20): 75B, 76B forecast, 90B previous
•US KC Fed Composite Index (Sep): 4 , 1 previous
•US KC Fed Manufacturing Index (Sep): 4, 0 previous
•US 4-Week Bill Auction (Sep 20): 4.080%, 4.040% previous
•US 8-Week Bill Auction (Sep 20): 4.000%, 3.965% previous
Looking Ahead Economic Data (GMT)
•23:50 Japan Foreign Bonds Buying (Sep 20): 1,478.5B previous
•23:50 Japan Foreign Investments in Japanese Stocks (Sep 20): -2,034.0B previous
• Looking Ahead Events and Other Releases(GMT)
• 05:30 Japan BoJ Board Member Noguchi Speaks
Currency Summaries
EUR/USD : The euro fell sharply on Thursday as dollar rose on news that the U.S.economy grew faster than previously thought in the second quarter, which would likely restrain the future interest rate cuts by the Federal Reserve. The Commerce Department reported that U.S. gross domestic product rose by an upwardly revised rate of 3.8% from April through June, higher than 3.3% initially reported. Economists polled by did not expect the rate to be revised. Data release showed U.S. jobless claims came in higher than expected, setting the stage for Friday’s more significant nonfarm payrolls report. Economists surveyed anticipate August payrolls to rise by 78,000 jobs, following a 73,000 increase in July. Market participants are increasingly pricing in a near-certain Fed rate cut later this month, with CME FedWatch showing expectations have risen from 87% a week ago to almost 100%. Immediate resistance can be seen at 1.1727(50%fib), an upside break can trigger rise towards 1.1731(SMA 20).On the downside, immediate support is seen at 1.1634 (61.8%fib), a break below could take the pair towards 1.1580(Lower BB ).
GBP/USD: The pound dipped against the U.S. dollar on Thursday as surprisingly strong U.S. economic data dampens policy easing hopes. Second-quarter gross domestic product increased at an upwardly revised 3.8% annualized rate versus initial reports of a 3.3% pace. New orders for key U.S.-manufactured capital goods unexpectedly increased in August, but a decline in shipments of those goods suggested a moderate pace of growth in business spending on equipment this quarter. And the Labor Department said on Thursday that the number of Americans filing new applications for unemployment benefits fell by 14,000 to a seasonally adjusted 218,000 for the week ended September 20. The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, rose 0.66% to 98.48. Immediate resistance can be seen at 1.34499(50%fib), an upside break can trigger rise towards 1.3503(SMA 20).On the downside, immediate support is seen at 1.3333(61.8%fib), a break below could take the pair towards 1.3292(Lower BB).
USD/CAD: The Canadian dollar weakened to a four-month low against its U.S. counterpart on Thursday as the greenback posted broad-based gains and ahead of domestic GDP data that could guide expectations for additional Bank of Canada interest rate cuts.The U.S. economy grew faster than previously estimated in the second quarter amid strong consumer spending and business investment.Canadian gross domestic product data for July, due on Friday, is expected to show that the economy grew by 0.1%.The Bank of Canada will support economic growth while ensuring inflation remains well controlled, Governor Tiff Macklem said on Tuesday, speaking less than one week after the central bank cut interest rates for the first time since March.The loonie was trading 0.3% lower at 1.3940 per U.S. dollar, or 71.74 U.S. cents, after touching its weakest intraday level since May 20 at 1.3943.Immediate resistance can be seen at 1.3956(Higher BB), an upside break can trigger rise towards 1.3992(23.6%fib).On the downside, immediate support is seen at 1.3910(38.2%fib), a break below could take the pair towards 1.3839 (50%fib).
USD/JPY: The U.S. dollar rose against the yen on Thursday as upbeat US economic data dampened Fed policy easing hopes. The U.S. economy expanded more rapidly than initially estimated in the second quarter, driven by a slowdown in imports and stronger consumer spending, though momentum appears to have moderated since, according to the Commerce Department’s Bureau of Economic Analysis. Second-quarter GDP was revised up to a 3.8% annualized rate, compared with the earlier 3.3% estimate. In August, new orders for key U.S.-manufactured capital goods rose unexpectedly, but a decline in shipments pointed to only a moderate pace of business spending on equipment this quarter. Meanwhile, the Labor Department reported on Thursday that initial claims for U.S. unemployment benefits fell by 14,000 to a seasonally adjusted 218,000 for the week ending September 20, below forecast of 235,000 claims. Immediate resistance can be seen at 150.00(Psychological level) an upside break can trigger rise towards 150.65(23.6%fib) .On the downside, immediate support is seen at 148.97(38.2%fib) a break below could take the pair towards 147.89 (SMA 20).
Equities Recap
European stocks slipped on Thursday, weighed down by med-tech shares after the U.S. launched new import probes, as investors digested Federal Reserve comments and economic data for hints on the central bank’s next steps.
UK's benchmark FTSE 100 closed down by 0.39 percent, Germany's Dax ended down by 0.56 percent, France’s CAC finished the day down by 0.41 percent.
U.S. stocks closed modestly lower on Thursday, with the majority of S&P 500 sectors retreating amid economic data that fueled uncertainty over the Federal Reserve’s interest rate cut prospects.
Dow Jones closed down by 0.38 %percent, S&P 500 closed down by 0.50% percent, Nasdaq settled down by 0.50% percent.
Commodities Recap
Gold trimmed earlier gains on Thursday after U.S. weekly jobless claims fell unexpectedly, as investors awaited key inflation data that could influence the Federal Reserve’s next interest rate decisions.
Spot gold was up 0.1% at $3,739.42 per ounce, as of 01:41 p.m. EDT (1741 GMT) after rising as much as 0.6% earlier in the session. Prices hit a record high of $3,790.82 on Tuesday.U.S. gold futures for December delivery settled 0.1% higher at $3,771.1.