Australia Participation Rate in line with expectations (66.6%) in August

EUR/USD stays under modest bearish pressure and trades below 1.1600 in the second half of the day on Wednesday. Markets await the US House vote on the stopgap funding bill that will end the government shutdown. Meanwhile, investors will pay close attention to comments from Fed policymakers.

GBP/USD remains subdued for the third successive session, trading around 1.3120 during the Asian hours on Thursday. Traders await the United Kingdom flash Gross Domestic Product data for the third quarter due later in the day.

Gold consolidates near three-week highs early Thursday as sellers lurk above the $4,200 level. US Dollar attempts a bounce as the US government is set to reopen, paving the way for data publication. The daily technical setup indicates ‘buy-the-dips’ trades in Gold whilst above the 21-day SMA.

The UK’s Office for National Statistics will release the advanced prints of the Q3 Gross Domestic Product on Thursday. If the figures meet market consensus, the UK economy would have maintained its pace of expansion at 1.4% annualised, showing that momentum could have begun to stall.

As we move through the European trading session on Wednesday, there is residual optimism in the market that continues to boost risk sentiment. European indices are having another strong day, although the FTSE 100 is bucking this trend and is posting a small loss.

Sui (SUI) is rising in tandem with the cryptocurrency market, trading above $2.00 at the time of writing on Wednesday. The bullish wave behind Sui's 3.5% increase followed a correction that erased gains from $2.20 to $1.98 the previous day.