Market Insights with Gary Thomson: UK Retail Sales, Canada Jobs, US NFP, and OPEC+ Meeting

FXOpen

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

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+ Meeting

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?

  • Trade Tensions

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.

💬 Don’t forget to like, comment, and subscribe for more professional market insights every week.

Watch it now and stay updated with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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