Weekly Data Summary Report
As of September 29, 2025
Below is a summary of the United States, primarily based on critical events related to President Donald Trump, the trade war, and war conflicts within the week.
Disclaimer: Please note this is opinion-based; do not take it as investment advice.
Key Highlight Event:
US Economy: Last week’s focus was on the GDP, pricing, and how the Federal Reserve views the current interest rate pace. The US economy growth grew stronger and more resilient than we thought, while the pricing is unexpectedly softening, which led the FED to continue its easing monetary policy in the next meeting, possibly. In fact, the market is still pricing in two more rate cuts before the year’s end. As for the FED, they remain skeptical of the dual mandate—labor market conditions and inflation problem. One will raise doubts about the inflation progress, and another will be concerned about the labor market conditions. However, one thing set clear, the FED’s powell also mentioned that, “Towards the next meeting will look at the labor market, growth data, inflation data to ask if the policy is in the right place. If policy is not in the right place, we’ll move it there.” which reflects either holding the rate if data become stronger and continuing to ease if become softer. Therefore, the US NFP becomes the next looking forward indicator this week.
Trade Progress: Trump sets tariffs starting Oct 1: 100% on pharmaceuticals, 50% on cabinets/vanities, 30% on furniture, 25% on trucks, which hints at trade war concerns.
Russia-Ukraine Development:
Zelenskyy posted on X that Russia’s Sunday bombardment struck Zaporizhia, Khmelnytskyi, Sumy, Mykolaiv, Chernihiv, and Odesa regions, killing 4 and wounding at least 40 Ukrainians. He warned of Russia’s probable push toward the EU, citing recent strikes on Poland and elsewhere, while noting Trump’s approval for shooting down invaders if the assault persists. In fact, Trump also pressures Russia through economic trade with tariffs while urging Turkey to stop Russian oil buys for sanctions relief and aircraft deals.
Israel-Gaza
President Donald Trump announced that his Gaza peace plan has received positive responses from Israel and Arab leaders, including those from Saudi Arabia, Qatar, the UAE, Egypt, and Jordan, who expressed eagerness to finalize the deal during his upcoming meeting with Israeli Prime Minister Benjamin Netanyahu on Monday. This proposal included Middle East peace, hostage release, permanent ceasefire, and more.
→ if succeed → less geopolitical tension → gold price is likely to pull back in the short term.
Government Shutdown Risk: Possible Oct 1 shutdown if Congress fails to pass funding bills, risking layoffs and worsening the labor market conditions.
Other Actions: Approves $14B TikTok sale to U.S. investors.
