# US Futures Steady Amid Economic Uncertainty as Government Shutdown Hits Day Ten
**Note**: This analysis is generated during US premarket, markets closed but futures trading. Event times in US Eastern Time.
## Major News
Global market sentiment showed mixed signals today amid ongoing geopolitical tensions and domestic challenges. U.S. futures displayed slight movements, with Dow futures up by 0.03% at 46,659, while S&P 500 and Nasdaq futures fell by approximately 0.05% and 0.09%, respectively. European indices also faced declines, with the Euro Stoxx 50, DAX, CAC 40, and FTSE 100 down between 0.09% and 0.36%. In Asia, the Nikkei dropped by 0.80%, reflecting broader market apprehension.
In commodities, lead prices decreased despite record stock orders at London Metal Exchange warehouses, as traders remained focused on high global stockpiles. Conversely, gold prices saw a rise, likely influenced by ongoing economic uncertainties and the U.S. government shutdown entering its tenth day, impacting federal employees and services.
The Federal Reserve’s stance on interest rates remains cautious, with Governor Waller indicating potential cuts while stressing the need for careful consideration of conflicting economic signals. Additionally, China’s recent imposition of new charges on American ships in retaliation for U.S. port fees exacerbates tensions, further affecting market dynamics.
Overall, the market reflects a cautious sentiment as investors
## Performances
### US Futures
US futures indicate opening sign for cash market.
| Future | Price | Daily Change (%) |
|---|---|---|
| S&P 500 Futures | 6783.00 | -0.05 |
| Dow Futures | 46659.00 | 0.03 |
| Nasdaq Futures | 25298.00 | -0.09 |
### Major US Indices (Previous Close)
| Index | Price | Daily Change (%) |
|---|---|---|
| S&P 500 | 6734.91 | -0.38 |
| Dow Jones | 46361.10 | -0.56 |
| Nasdaq 100 | 25095.87 | -0.12 |
### FX Performance
| Currency Pair | Price | Daily Change (%) |
|---|---|---|
| EUR/USD | 1.16 | 0.07 |
| USD/JPY | 152.56 | -0.31 |
| GBP/USD | 1.33 | -0.16 |
| USD/CHF | 0.81 | -0.10 |
| USD/CAD | 1.40 | -0.26 |
| AUD/USD | 0.66 | -0.05 |
| NZD/USD | 0.58 | 0.09 |
### Commodities Performance
| Commodity | Price | Daily Change (%) |
|---|---|---|
| Crude Oil | 60.28 | -1.79 |
| Gold | 3998.80 | 0.55 |
| Silver | 48.15 | 1.96 |
| Natural Gas | 3.17 | -2.10 |
### BTC and ETH Performance
| Crypto | Price | Daily Change (%) |
|---|---|---|
| Bitcoin | 121638.57 | -0.07 |
| Ethereum | 4349.96 | -0.47 |
## High-Importance Economic Events
On October 10, 2025, several significant economic events are poised to influence market dynamics, particularly currencies.
At 03:00 ET, the Swiss SECO Consumer Climate report showed a slight improvement with an actual reading of -37, surpassing the forecast of -38. This minor positive surprise may lend some support to the Swiss Franc (CHF) as it indicates a marginally less pessimistic consumer outlook.
The Canadian labor market data released at 08:30 ET revealed robust growth, with Employment Change for September coming in at 60.4K, well above the forecast of 2.8K. Additionally, the Unemployment Rate decreased to 7.1%, better than the expected 7.2%. These strong indicators are likely to bolster the Canadian Dollar (CAD), reflecting improved economic conditions.
At 10:00 ET, the Michigan Consumer Sentiment and Expectations reports will be closely watched, with forecasts at 54.1 and 51.7, respectively. These figures could provide insights into U.S. consumer confidence, potentially impacting the U.S. Dollar (USD).
Finally, the Baker Hughes Oil Rig Count at 13:00 ET, forecasted at 421, may influence sentiment in energy markets,
| Date | Time | Cur | Imp | Event | Actual | Forecast |
|---|---|---|---|---|---|---|
| 2025-10-10 | 03:00 | 🇨🇭 | Medium | SECO Consumer Climate | -37 | -38 |
| 2025-10-10 | 08:30 | 🇨🇦 | Medium | Employment Change (Sep) | 60.4K | 2.8K |
| 2025-10-10 | 08:30 | 🇨🇦 | Medium | Unemployment Rate (Sep) | 7.1% | 7.2% |
| 2025-10-10 | 10:00 | 🇺🇸 | Medium | Michigan 1-Year Inflation Expectations (Oct) | ||
| 2025-10-10 | 10:00 | 🇺🇸 | Medium | Michigan 5-Year Inflation Expectations (Oct) | ||
| 2025-10-10 | 10:00 | 🇺🇸 | Medium | Michigan Consumer Expectations (Oct) | 51.7 | |
| 2025-10-10 | 10:00 | 🇺🇸 | Medium | Michigan Consumer Sentiment (Oct) | 54.1 | |
| 2025-10-10 | 12:01 | 🇷🇺 | Medium | CPI (MoM) (Sep) | ||
| 2025-10-10 | 12:01 | 🇷🇺 | Medium | CPI (YoY) (Sep) | ||
| 2025-10-10 | 13:00 | 🇺🇸 | Medium | U.S. Baker Hughes Oil Rig Count | 421 | |
| 2025-10-10 | 13:00 | 🇺🇸 | Medium | U.S. Baker Hughes Total Rig Count | ||
| 2025-10-10 | 14:00 | 🇺🇸 | Medium | Federal Budget Balance (Sep) | 50.0B |
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