FX.co ★ Week Ahead - Oct 6th

The ongoing US government shutdown remains at the forefront of attention going into next week, as the prolonged deadlock among Congress members shows little indication of resolution. This standoff threatens the timely release of important data from federal agencies, including trade balance figures, jobless claims, and the budget statement, following the delay of the September jobs report and other crucial statistics. Nonetheless, the minutes from the Federal Open Market Committee's (FOMC) most recent meeting are still anticipated. Among non-governmental updates, attention will be directed toward the Michigan Consumer Sentiment survey for October. On the monetary policy front, the European Central Bank (ECB) is set to publish the account of its meeting, while the Reserve Bank of New Zealand (RBNZ) will announce its policy rate. In Europe, significant data will include industrial production figures from Germany and Italy, along with retail sales from the Eurozone. Reports on inflation are expected from Brazil, Mexico, Russia, and significant ASEAN nations.