Key Market Events to Watch: 13–19 October 2025

The week of 13–19 October 2025 will feature several significant economic data releases, including the Reserve Bank of Australia (RBA) Meeting Minutes, U.S. Retail Sales, and China’s Consumer Price Index (CPI), all of which hold the potential to influence global market sentiment. 

For traders, staying informed ahead of these key events is crucial for better risk management and identifying potential trading opportunities. 

Tuesday, October 14th 

RBA Meeting Minutes 

Tue, Oct 14th, 2025 at 00:30 GMT 

Currency: AUD 

The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. If the RBA is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that could be seen as positive for the AUD. 

Harmonized Index of Consumer Prices (YoY) (Sep) 

Tue, Oct 14th, 2025 at 06:00 GMT 

Currency: EUR 

The Harmonized Index of Consumer Prices (HICP), released monthly by the German statistics office Destatis, is an index of inflation based on a statistical methodology that has been harmonised across all European Union (EU) member states to facilitate comparisons. The YoY reading compares prices in the reference month to a year earlier. A high reading could be seen as bullish for the Euro (EUR), while a low reading maybe be seen as bearish.  

Claimant Count Change (Sep) 

Tue, Oct 14th, 2025 at 06:00 GMT 

Currency: GBP 

The Claimant Count Change released by the UK Office for National Statistics presents the change in the number of unemployed people in the UK claiming benefits. There is a tendency for the metric to influence GBP volatility. A rise in the indicator could have negative implications for consumer spending and economic growth. A high reading could be seen as bearish for the Pound Sterling (GBP), while a low reading could be seen as bullish. 

Employment Change (3M) (Sep) 

Tue, Oct 14th, 2025 at 06:00 GMT 

Currency: GBP 

Employment Change released by the UK Office for National Statistics represents the change in the number of people who were employed in the UK in the three months to the release period. A healthy and consistent increase of this figure could be seen as bullish for the Pound Sterling (GBP), while a decrease could be seen as bearish. 

ILO Unemployment Rate (3M) (Sep) 

Tue, Oct 14th, 2025 at 06:00 GMT 

Currency: GBP 

The ILO Unemployment Rate released by the UK Office for National Statistics is the number of unemployed workers divided by the total civilian labour force. It is a leading indicator for the UK Economy. If the rate goes up, it indicates a lack of expansion within the UK labour market. As a result, a rise could lead to a weakening of the UK economy. A decrease of the figure could be seen as bullish for the Pound Sterling (GBP), while an increase could be seen as bearish. 

Wednesday, October 15th 

Consumer Price Index (YoY) (Sep) 

Wed, Oct 15th, 2025 at 01:30 GMT 

Currency: CNY 

The Consumer Price Index (CPI), released monthly by the National Bureau of Statistics of China, measures change in the price level of consumer goods and services purchased by residents. The CPI is a key indicator to measure inflation and changes in purchasing trends. The YoY reading compares prices in the reference month to the same month a year earlier. A high reading could be seen as bullish for the Renminbi (CNY), while a low reading maybe be seen as bearish. 

Consumer Price Index (MoM) (Sep) 

Wed, Oct 15th, 2025 at 12:30 GMT 

Currency: USD 

Inflationary or deflationary tendencies are measured by periodically summing the prices of a basket of representative goods and services and presenting the data as The Consumer Price Index (CPI). CPI data is compiled monthly and released by the US Department of Labor Statistics. The MoM figure compares the prices of goods in the reference month to the previous month. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading could be seen as bullish for the US Dollar (USD), while a low reading could be seen as bearish. 

Consumer Price Index (YoY) (Sep) 

Wed, Oct 15th, 2025 at 12:30 GMT 

Currency: USD 

Inflationary or deflationary tendencies are measured by periodically summing the prices of a basket of representative goods and services and presenting the data as The Consumer Price Index (CPI). CPI data is compiled monthly and released by the US Department of Labor Statistics. The YoY reading compares the prices of goods in the reference month to the same month a year earlier. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading could be seen as bullish for the US Dollar (USD), while a low reading could be seen as bearish. 

Consumer Price Index ex Food & Energy (MoM) (Sep) 

Wed, Oct 15th, 2025 at 12:30 GMT 

Currency: USD 

Inflationary or deflationary tendencies are measured by periodically summing the prices of a basket of representative goods and services and presenting the data as the Consumer Price Index (CPI). CPI data is compiled monthly and released by the US Department of Labor Statistics. The MoM print compares the prices of goods in the reference month to the previous month. The CPI Ex Food & Energy excludes the so-called more volatile food and energy components to give a more accurate measurement of price pressures. A high reading could be seen as bullish for the US Dollar (USD), while a low reading could be seen as bearish. 

Consumer Price Index ex Food & Energy (YoY) (Sep) 

Wed, Oct 15th, 2025 at 12:30 GMT 

Currency: USD 

Inflationary or deflationary tendencies are measured by periodically summing the prices of a basket of representative goods and services and presenting the data as the Consumer Price Index (CPI). CPI data is compiled monthly and released by the US Department of Labor Statistics. The YoY reading compares the prices of goods in the reference month to the same month a year earlier. The CPI Ex Food & Energy excludes the so-called more volatile food and energy components to give a more accurate measurement of price pressures. A high reading could be seen as bullish for the US Dollar (USD), while a low reading could be seen as bearish. 

Thursday, October 16th 

Employment Change s.a. (Sep) 

Thu, Oct 16th, 2025 at 00:30 GMT 

Currency: AUD 

The Employment Change released by the Australian Bureau of Statistics is a measure of the change in the number of employed people in Australia. The statistic is adjusted to remove the influence of seasonal trends. A rise in Employment Change could have positive implications for consumer spending, stimulates economic growth, and could be seen as bullish for the Australian Dollar (AUD). A low reading, on the other hand, could be seen as bearish. 

Unemployment Rate s.a. (Sep) 

Thu, Oct 16th, 2025 at 00:30 GMT 

Currency: AUD 

The Unemployment Rate, released by the Australian Bureau of Statistics, is the number of unemployed workers divided by the total civilian labour force, expressed as a percentage. If the rate increases, it could indicate a lack of expansion within the Australian labour market and a weakness within the Australian economy. A decrease in the figure could be seen as bullish for the Australian Dollar (AUD), while an increase could be seen as bearish.   

Producer Price Index ex Food & Energy (YoY) (Sep) 

Thu, Oct 16th, 2025 at 12:30 GMT 

Currency: USD 

The Producer Price Index ex Food & energy released by the Bureau of Labor statistics, Department of Labor measures the average changes in prices in primary markets of the US by producers of commodities in all states of processing. Those volatile products such as food and energy are excluded to capture an accurate calculation. A high reading could be seen as positive (or bullish) for the USD, whereas a low reading could be seen as negative (or bearish). 

Retail Sales (MoM) (Sep) 

Thu, Oct 16th, 2025 at 12:30 GMT 

Currency: USD 

The US Census Bureau’s monthly Retail Sales report measures total receipts from retail and food services. Based on a sample of around 4,800 firms, the data is seasonally adjusted but not for prices but serves as a key indicator of consumer spending and economic health. A high reading could be seen as bullish for the US Dollar (USD), while a low reading could be seen as bearish. 

Retail Sales Control Group (Sep) 

Thu, Oct 16th, 2025 at 12:30 GMT 

Currency: USD 

The US Census Bureau’s Retail Sales Control Group excludes autos, fuel, building materials and other volatile categories to give a clearer picture of consumer spending. Seasonally adjusted but not for prices, it offers a more precise gauge of US economic activity. A high reading could be seen as bullish for the US Dollar (USD), while a low reading could be seen as bearish.  

BoC's Governor Macklem speech 

Thu, Oct 16th, 2025 at 17:30 GMT 

Currency: CAD 

Tiff Macklem became Governor of the Bank of Canada on 3 June 2020 and serves as Chairman of its Board. A former Senior Deputy Governor and Dean of the Rotman School of Management, he has also chaired the Financial Stability Board’s Standards Implementation Committee. 

Sunday, October 19th 

Consumer Price Index (QoQ) (Q3) 

Sun, Oct 19th, 2025 at 21:45 GMT 

Currency: NZD 

The Consumer Price Index (CPI), released quarterly by Statistics New Zealand, measures change in the price of goods and services bought by New Zealand households. The CPI is a key indicator to measure inflation and changes in purchasing trends. The QoQ reading compares prices in the reference quarter to the previous quarter. A high reading could be seen as bullish for the New Zealand Dollar (NZD), while a low reading could be seen as bearish. 

Consumer Price Index (YoY) (Q3) 

Sun, Oct 19th, 2025 at 21:45 GMT 

Currency: NZD 

The Consumer Price Index (CPI), released by Statistics New Zealand on a quarterly basis, measures change in the price of goods and services bought by New Zealand households. The CPI is a key indicator to measure inflation and changes in purchasing trends. The YoY reading compares prices in the reference quarter to the same quarter a year earlier. A high reading could be seen as bullish for the New Zealand Dollar (NZD), while a low reading could be seen as bearish. 

Staying on top of these key events and understanding their potential impact can help you anticipate market volatility and make more confident trading decisions. 
For a full list of what’s ahead, check out our market calendar and stay prepared for the week’s opportunities.