Weekly Wrap – International Macro Recap (Oct 6–10, 2025)
The week closed with central-bank rhetoric and labor information dominating the macro narrative, as policymakers signaled warning whereas development indicators remained uneven throughout main economies.
🇬🇧 United Kingdom (GBP)BoE Governor Andrew Bailey maintained a cautious tone, noting stabilizing inflation however weak development momentum. Markets priced no near-term modifications in coverage.
🇪🇺 Eurozone (EUR)ECB President Christine Lagarde spoke twice, reiterating information dependency and gradual normalization. The euro traded range-bound as buyers awaited clearer development indicators.
🇨🇦 Canada (CAD)The Ivey PMI slipped to 50.1, displaying marginal growth, whereas the labor market shocked to the upside with +60.4K jobs and unemployment regular at 7.1%, suggesting short-term resilience.
🇳🇿 New Zealand (NZD)The RBNZ lower charges to 2.50%, citing softer home exercise and easing inflation pressures. The kiwi weakened sharply on renewed coverage divergence versus the Fed and RBA.
🇺🇸 United States (USD)The FOMC Minutes revealed a widening break up amongst Fed members on the coverage path, whereas Chair Powell balanced optimism on disinflation with ongoing dangers.Shopper sentiment (UoM) eased to 54.1, signaling fragile family confidence.
👉 For a deeper dive into the Fed’s inside debate and market response, learn:https://www.fxstreet.com/evaluation/fed-split-widens-as-market-loses-its-compass-202510100245
🇦🇺 Australia (AUD)RBA Governor Michele Bullock reaffirmed that coverage will stay restrictive till inflation is clearly again on track, noting early indicators of labor-market softening.
📌 Dealer’s NoteThe international theme stays coverage divergence — with the RBNZ turning dovish, the Fed more and more divided, and the BoE/ECB staying affected person. Merchants ought to concentrate on evolving coverage expectations and sensitivity to imminent US inflation and jobs information.
Developed by way of International Markets Pulse – structured macro insights for merchants.LM | Buying and selling & Growth – Let’s construct higher trades, collectively.
