Economic Data Review: US Shutdown Ends, New Zealand Cuts Rates & Regional Weakness Emerges

Join us for another episode of Beyond the Charts where we break down last week's most important economic data and market movements. This week, we analyze the impact of the longest US government shutdown, key interest rate decisions from New Zealand, and critical economic indicators from the US, Germany, and the UK.

In this episode, we cover:

☑️ German GDP holding steady at 0% with no growth but no recession
☑️ US retail sales missing expectations and consumer confidence plunging to 88.7
☑️ Reserve Bank of New Zealand cutting rates by 25 basis points
☑️ UK autumn forecast statement showing slower growth projections
☑️ Chicago PMI showing deep contraction at 36.3%
☑️ Crude oil inventory surplus signaling weakening demand
We go day by day through the economic calendar, examining how each data point impacted stocks, gold, USD, and major currency pairs. Learn what these numbers mean for your trading decisions and what to watch for in the coming week.

Key Takeaways:

The US consumer is showing signs of softening with missed retail sales expectations and low confidence levels. While jobless claims and durable goods remain stable, regional weakness in Chicago PMI is growing the easing bias. New Zealand's rate cut reflects their success in managing inflation close to target, while the UK budget indicates fiscal repair efforts ahead.

Trade responsibly, use stop losses, and stay informed with Beyond the Charts.


TIMESTAMPS
0:00 Introduction
0:56 Monday: Japan Labour Day Holiday
1:24 Tuesday: Economic Data Begins
1:28 German GDP Report
3:00 US Core Retail Sales
3:55 US PPI (Producer Price Index)
5:15 US Retail Sales
6:04 US Consumer Confidence
6:51 Wednesday: Market Analysis
6:55 New Zealand Interest Rate Decision
7:46 UK Autumn Forecast Statement
8:56 US Durable Goods Orders
9:42 US Initial Jobless Claims
10:30 Chicago PMI
11:18 Crude Oil Inventories
12:25 Thursday: Thanksgiving Day
13:19 Friday: Early Close
13:22 German CPI (Inflation)
14:34 Week Recap & Big Picture
15:18 Closing Remarks