Market Insights with Gary Thomson: UK Retail Sales, Canada Jobs, US NFP, and OPEC+ Meeting
In this episode of Market Insights, Gary Thomson unpacks the strategic implications of the week’s most critical events driving global markets.
👉 Key topics covered in this episode:
UK retail sales data on 5 September could spark GBP volatility. June figures showed a rebound but missed forecasts. Another weak print may pressure the pound. Will the data lift GBP or drag it lower again?
- Unemployment Rate in Canada
Canada’s unemployment data on 5 September could sway CAD ahead of the BoC meeting. July’s rate held at 6.9%, near a 4-year high. Will stronger jobs data support CAD, or will weakness add pressure?
- US NFP and Unemployment Rate
US nonfarm payrolls on 5 September could spark volatility before the Fed meeting. July data showed big downward revisions and a weaker jobs picture. Will another soft NFP push the US dollar lower?
OPEC+ meets on 7 September to decide on oil output after finishing voluntary cuts. Their move could shake oil prices on 8 September. Will OPEC+ stick to higher production or pause increases?
Switzerland is set to finalise a new trade deal with Washington in early September, aiming to ease tariffs. The agreement may involve higher defence spending and expanded US energy access. Gain insights to strengthen your trading knowledge.
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