📊✨ Market Watch – 01.10.2025 ✨📊 🇺🇸 U.S. Shutdown Drama October begins with Washington gridlock. Most federal agencies have halted operations after the Senate rejected the Democrats’ budget bill and Republicans failed to pass their own. With no deal in sight, the government is shut down. ⚠️ Key risk: The BLS confirmed it will not publish Friday’s NFP report during the shutdown – a blow for traders and the Fed ahead of the next rate decision. Volatility may shift to the ADP report today. 🇪🇺 Eurozone Focus Markets await September inflation data, expected to climb to 2.2% y/y, supporting the end of the ECB’s rate-hike cycle. Final manufacturing PMIs across Europe will also shape sentiment. 🛢️ Energy Spotlight OPEC meets in the U.S. today alongside the EIA report – both could stir oil prices. 🕒 Key Data & Events (BST) • 07:00 🇬🇧 UK HPI (Sept) 2.2% y/y (actual) • 08:00 🇵🇱 Poland PMI: 48.0 (actual, better than 46.4 f/c) • 08:15 🇪🇸 Spain PMI (forecast 53.8) • 08:30–09:00 🇪🇺🇨🇭🇫🇷🇩🇪 EZ & Swiss PMIs • 10:00 🇪🇺 EZ Inflation (forecast 2.2% y/y) • 11:00 🇺🇸 OPEC meeting • 13:15 🇺🇸 ADP Employment (Sept) forecast 52K • 14:45 🇺🇸 U.S. PMI (Sept) forecast 52.0 • 15:00 🇺🇸 ISM Manufacturing (Sept) forecast 49.0 • 15:30 🇺🇸 EIA report – oil inventories • 18:00 🇺🇸 Atlanta Fed GDPNow (Q3) forecast 3.9% • 19:05 🇨🇦 BoC’s Rogers speaks 💡 Takeaway With NFP off the table, traders will zero in on today’s ADP and ISM prints for labour and growth signals. Oil markets could see extra swings on OPEC and EIA headlines. 👉 Start trading with NordFX today: https://account.nordfx.com/acc...