Moody’s downgrades Senegal to Caa1 amid rising debt concerns
As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Thursday, October 9, 2025. The spotlight will be on the initial jobless claims report and a speech by Federal Reserve Chair Jerome Powell, both of which have the potential to influence market sentiment and policy expectations.
Major Economic Events to Watch
• 8:30 AM ET: Initial Jobless Claims (Forecast:223K, Previous: 218K) - A key indicator of labor market health
• 8:30 AM ET: Fed Chair Powell Speaks - Potential hints on future monetary policy direction
Other Important Economic Events to Watch
• 8:30 AM ET: Continuing Jobless Claims (Forecast:1,930K, Previous: 1,926K) - Ongoing unemployment benefit claims
• 8:35 AM ET: FOMC Member Bowman Speaks - Insights on economic outlook and monetary policy
• 11:00 AM ET: Construction Spending (Forecast:-0.1%, Previous: -0.1%) - Indicator of economic activity in the construction sector
• 12:00 PM ET: WASDE Report - USDA forecasts on agricultural supply and demand
• 12:45 PM ET: Fed Vice Chair for Supervision Barr Speaks - Regulatory perspective on financial system
• 1:00 PM ET: Atlanta Fed GDPNow - Running estimate of real GDP growth for the current quarter
• 1:00 PM ET: 30-Year Bond Auction (Previous:4.651%) - Gauge of long-term government borrowing costs
• 3:45 PM ET: FOMC Member Bowman Speaks - Additional commentary on monetary policy
• 4:30 PM ET: Reserve balances with Federal Reserve Banks (Previous:2.980T) - Indicator of banking system liquidity
• 4:30 PM ET: Fed’s Balance Sheet (Previous:6,587B) - Overview of Federal Reserve’s assets and liabilities
Other Economic Events to Watch
• 8:30 AM ET: Jobless Claims 4-Week Avg. (Previous:237.50K) - Smoothed trend in weekly jobless claims
• 10:00 AM ET: Wholesale Trade Sales (Previous:1.4%) - Measure of sales at the wholesale level
• 10:00 AM ET: Wholesale Inventories (Forecast:-0.2%, Previous: -0.2%) - Indicator of future production levels
• 10:30 AM ET: Natural Gas Storage (Forecast:76B, Previous: 53B) - Weekly change in natural gas inventories
• 11:00 AM ET: CB Employment Trends Index (Previous:106.41) - Composite measure of labor market indicators
• 11:30 AM ET: 4-Week Bill Auction (Previous:4.060%) - Short-term government borrowing costs
• 11:30 AM ET: 8-Week Bill Auction (Previous:3.960%) - Additional measure of short-term government borrowing costs
For further information and the latest updates, please refer to our Economic Calendar, here.
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