October 07, 2025 a 07:00 pm
Today's Important Key Figures
The economic data released today is critical for gauging the health and direction of global economies. Key figures from Australia and Canada provide insight into business confidence, manufacturing activity, and trade balance. Understanding these numbers will help investors and analysts assess potential impacts on the AUD and CAD, guiding strategic decisions in the forex market.
💵 Currency: Australian Dollar (AUD)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| NAB Business Confidence (Sep) | 2025-10-08 00:30:00 | 4 | Not Available | 9 | Not Available | High |
- 🗣️ Economic Interpretation: The lack of current data for NAB Business Confidence prevents a complete assessment. However, an estimate of 9 suggests an optimistic business sentiment.
- 📈 Potential Currency Impact: Should the actual data meet or exceed expectations, it could support the AUD, fueling demand based on perceived economic strength.
💵 Currency: Canadian Dollar (CAD)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Ivey PMI s.a (Sep) | 2025-10-07 14:00:00 | 50.1 | 59.8 | 51.2 | 9.7 | High |
| Balance of Trade (Aug) | 2025-10-07 12:30:00 | -3.82 B | -6.32 B | -5.55 B | -2.5 B | High |
- 🗣️ Economic Interpretation: A significant increase in the Ivey PMI indicates robust manufacturing activity, which is a positive sign for economic health. Conversely, the widening trade deficit might raise concerns about external trade vulnerabilities.
- 📉 Potential Currency Impact: The positive PMI result likely bolsters the CAD, reflecting confidence in economic activity. However, the negative trade balance may limit these gains.
🔚 Conclusion
✅ Overall, today's data presents a mixed outlook. For the AUD, the anticipated strong business confidence could be supportive, conditional on actual figures aligning with estimates. The CAD benefits from a strong manufacturing signal, but the concerning trade deficit poses a potential drawback. Accordingly, while CAD appears slightly more supported, the overall outlook remains cautious.