{"id":1286,"date":"2025-09-29T12:52:22","date_gmt":"2025-09-29T12:52:22","guid":{"rendered":"https:\/\/global.ftmo.com\/au\/blog\/trading-week-ahead-nonfarm-payrolls-trumps-speech-set-the-tone-for-markets\/"},"modified":"2026-02-20T09:33:03","modified_gmt":"2026-02-20T09:33:03","slug":"trading-week-ahead-nonfarm-payrolls-trumps-speech-set-the-tone-for-markets","status":"publish","type":"post","link":"https:\/\/ftmo.com\/au\/blog\/trading-week-ahead-nonfarm-payrolls-trumps-speech-set-the-tone-for-markets\/","title":{"rendered":"Trading Week Ahead: Nonfarm Payrolls & Trump\u2019s Speech Set the Tone for Markets"},"content":{"rendered":"

As markets brace for a pivotal week, traders are eyeing three major catalysts: President Trump\u2019s speech<\/strong>, JOLTS job data<\/strong>, and the all-important Nonfarm Payrolls<\/strong> report. With political tensions rising and economic uncertainty looming, each event could stir sharp price action across FX, indices, and bonds<\/strong>.<\/span><\/i><\/p>\n

\u2022 President Trump Speaks<\/strong>
\n<\/b>President Trump is set to speak on Monday evening, with his remarks coming at a critical time as the US faces the looming threat of a government shutdown. Markets will closely monitor his stance on fiscal policy, the Fed, and budget tensions. Any signals of political instability or pressure on the central bank could trigger swift volatility across USD pairs and equity indices<\/p>\n

\u2022 JOLTS Job Openings<\/strong>
\n<\/b>Labour market momentum comes into focus on Tuesday with the latest JOLTS data (previous: 7.18M, forecast: 7.15M). A notable decline in job openings could signal softening demand, increasing the case for rate cuts. However, resilient figures would support the Fed\u2019s hawkish bias and lend strength to the dollar.<\/p>\n

\u2022 Nonfarm Payrolls<\/strong>
\n<\/b>Friday\u2019s NFP report (previous: 22K, forecast: 51K) arrives during rising political uncertainty. If a shutdown hits, the market will focus even more on economic data. Strong payroll growth might delay rate cuts and lift the dollar, while weaker figures could boost risk appetite and weigh on the greenback.<\/p>\n\n\n\n

\n \n
\n Monday, Sep. 29\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 4:00 PM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n Pending Home Sales<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 7:15 PM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n President Trump Speaks<\/span>\n <\/div>\n <\/div>\n \n
\n Tuesday, Sep. 30\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 3:30 AM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"CNY\"\n <\/div>\n CNY<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n Manufacturing PMI<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 6:30 AM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"AUD\"\n <\/div>\n AUD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n Cash Rate<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 8:00 AM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"GBP\"\n <\/div>\n GBP<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n GDP<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 2:00 PM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"EUR\"\n <\/div>\n EUR<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n German CPI<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 4:00 PM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n JOLTS Job Openings<\/span>\n <\/div>\n <\/div>\n \n
\n Wednesday, Oct. 1\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 11:00 AM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"EUR\"\n <\/div>\n EUR<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n CPI<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 2:15 PM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n ADP Non-Farm Employment Change<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 4:00 PM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n ISM Manufacturing PMI, Prices<\/span>\n <\/div>\n <\/div>\n \n
\n Thursday, Oct. 2\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 8:30 AM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"CHF\"\n <\/div>\n CHF<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n CPI<\/span>\n <\/div>\n <\/div>\n \n
\n Friday, Oct. 3\n <\/div>\n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 2:30 PM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n Average Hourly Earnings<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 2:30 PM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n Nonfarm Payrolls<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 2:30 PM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n Unemployment Rate<\/span>\n <\/div>\n <\/div>\n \n \n
\n
\n Time<\/span>\n
\n \n \n \n<\/svg>\n\n 4:00 PM<\/span>\n <\/div>\n <\/div>\n\n
\n Instrument<\/span>\n
\n
\n \"USD\"\n <\/div>\n USD<\/span>\n <\/div>\n <\/div>\n\n
\n Event<\/span>\n ISM Services PMI<\/span>\n <\/div>\n <\/div>\n <\/div>\n\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
Date<\/th>\n Time<\/th>\n Instrument<\/th>\n Event<\/th>\n <\/tr>\n <\/thead>\n
Monday, Sep. 29<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 4:00 PM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n Pending Home Sales<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 7:15 PM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n President Trump Speaks<\/span>\n <\/td>\n <\/tr>\n \n \n
Tuesday, Sep. 30<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 3:30 AM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"CNY\"\n <\/div>\n
CNY<\/div>\n <\/div>\n <\/td>\n\n
\n Manufacturing PMI<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 6:30 AM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"AUD\"\n <\/div>\n
AUD<\/div>\n <\/div>\n <\/td>\n\n
\n Cash Rate<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 8:00 AM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"GBP\"\n <\/div>\n
GBP<\/div>\n <\/div>\n <\/td>\n\n
\n GDP<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 2:00 PM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"EUR\"\n <\/div>\n
EUR<\/div>\n <\/div>\n <\/td>\n\n
\n German CPI<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 4:00 PM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n JOLTS Job Openings<\/span>\n <\/td>\n <\/tr>\n \n \n
Wednesday, Oct. 1<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 11:00 AM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"EUR\"\n <\/div>\n
EUR<\/div>\n <\/div>\n <\/td>\n\n
\n CPI<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 2:15 PM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n ADP Non-Farm Employment Change<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 4:00 PM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n ISM Manufacturing PMI, Prices<\/span>\n <\/td>\n <\/tr>\n \n \n
Thursday, Oct. 2<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 8:30 AM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"CHF\"\n <\/div>\n
CHF<\/div>\n <\/div>\n <\/td>\n\n
\n CPI<\/span>\n <\/td>\n <\/tr>\n \n \n
Friday, Oct. 3<\/td>\n \n \n
\n \n \n \n<\/svg>\n<\/span>\n 2:30 PM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n Average Hourly Earnings<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n Nonfarm Payrolls<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n Unemployment Rate<\/span>\n <\/td>\n <\/tr>\n \n \n
\n
\n \n \n \n<\/svg>\n<\/span>\n 4:00 PM<\/span>\n <\/div>\n <\/td>\n \n
\n
\n
\n \"USD\"\n <\/div>\n
USD<\/div>\n <\/div>\n <\/td>\n\n
\n ISM Services PMI<\/span>\n <\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n