Reserve Bank of Australia Deputy Governor Andrew Hauser will have an interview at 11 AM Sydney time. This is 1 AM GMT and 9 PM US Eastern time. While the exact topics are not disclosed, the discussions will likely focus on the Australian economy and the RBA’s monetary policy. In other news, Former President Trump is pushing for a 15-20% minimum tariff on all EU goods. This news has impacted the currency market, leading to a drop in EUR/USD. A recent private survey has also shown a rise in crude oil inventory, which goes against expectations for a decrease.

Record Fine Issued

France’s data protection authority has fined Google a record 325 million euros. In the US, the JOLTS report and the Federal Reserve’s Beige Book indicate a slowing economy. The bond market has shown signs of relief. Furthermore, a Republican Senator is taking a position in the ongoing Lisa Cook situation. After the Reserve Bank of Australia’s Governor provided little information yesterday, Deputy Governor Hauser’s comments are now more significant. The CPI for August 2025 showed a persistent 3.1%, suggesting that any hawkish remarks could greatly impact the Australian dollar. Traders might consider buying short-dated AUD/USD options for potential volatility spikes, as a straddle could yield profits regardless of the market direction. The push for tariffs on EU goods poses a clear risk to the euro. This action is backed by recent data showing the US trade deficit with the EU widened to over $22 billion in July 2025. With escalating trade tensions, buying EUR/USD put options seems a simple way to prepare for further euro weakness.

Economic Slowdown Effects

The slowing US economy is confirmed by the JOLTS report and the Fed’s Beige Book, indicating that the Federal Reserve’s tightening cycle may now be over. The August 2025 JOLTS data showed job openings dropped to 8.1 million, signaling a softening labor market and reducing wage pressures. We are considering long positions in 10-year Treasury note futures, expecting yields to continue falling as the market anticipates possible rate cuts in early 2026. The unexpected increase in crude oil inventories suggests weakening demand, aligning with the broader economic slowdown. The API reported a significant 3.2 million barrel build, and if the official EIA data supports this, oil prices may still decline further. Buying put options on WTI crude futures for the upcoming weeks offers a low-risk strategy to bet on falling prices, especially as concerns about a global slowdown grow. Create your live VT Markets account and start trading now.

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