This week promises to be volatile due to several important events. The US Nonfarm Payrolls is the week's main event, as it is one of the most important parameters for the Fed's monetary policy decision. Economists believe the US employment report in April remains robust. Traders should pay special attention to the interest rate decisions of the Bank of England and the Reserve Bank of Australia. Analysts expect to see higher interest rates in both. As a rule, rising interest rates are accompanied by the strengthening of the national currency and the stock market's weakness. Investors should also keep an eye on the monthly OPEC+ meeting, which will strongly impact oil pricing. Traders should also not forget about the US earning season. Investors still believe that the reporting season will keep the US market from falling. Companies such as Pfizer, AMD, Starbucks, Airbnb, Booking, Uber, Moderna, Alibaba, and others will report this week.
- – Japan Manufacturing PMI (m/m) at 03:30 (GMT+3);
- – German Retail Sales (m/m) at 09:00 (GMT+3);
- – Spanish Manufacturing PMI (m/m) at 10:15 (GMT+3);
- – Switzerland Manufacturing PMI (m/m) at 10:30 (GMT+3);
- – Italian Manufacturing PMI (m/m) at 10:45 (GMT+3);
- – French Manufacturing PMI (m/m) at 10:50 (GMT+3);
- – German Manufacturing PMI (m/m) at 10:55 (GMT+3);
- – Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+3);
- – Canada Manufacturing PMI (m/m) at 16:30 (GMT+3);
- – US ISM Manufacturing PMI (m/m) at 17:00 (GMT+3).
- – Australia RBA Interest Rate Decision (m/m) at 07:30 (GMT+3);
- – Australia RBA Rate Statement (m/m) at 07:30 (GMT+3);
- – German Unemployment Rate (m/m) at 10:55 (GMT+3);
- – UK Manufacturing PMI (m/m) at 11:30 (GMT+3);
- – Eurozone Producer Price Index (m/m) at 12:00 (GMT+3);
- – Eurozone Unemployment Rate (m/m) at 12:00 (GMT+3);
- – US JOLTs Job Openings (m/m) at 17:00 (GMT+3).
- – New Zealand RBNZ Financial Stability Report at 00:00 (GMT+3);
- – New Zealand Unemployment Rate at 01:45 (GMT+3);
- – New Zealand RBNZ Press Conference at 02:00 (GMT+3);
- – Australia Retail Sales (m/m) at 04:30 (GMT+3);
- – German Services PMI (m/m) at 10:55 (GMT+3);
- – Eurozone Services PMI (m/m) at 11:00 (GMT+3);
- – Eurozone Retail Sales (m/m) at 12:00 (GMT+3);
- – US ADP Nonfarm Employment Change (m/m) at 15:15 (GMT+3);
- – US ISM Services PMI (m/m) at 17:00 (GMT+3);
- – US Crude Oil Reserves (w/w) at 17:30 (GMT+3);
- – US FOMC Statement at 21:00 (GMT+3);
- – US Fed Interest Rate Decision at 21:00 (GMT+3);
- – US FOMC Press Conference at 21:30 (GMT+3).
- – China Services PMI (m/m) at 04:45 (GMT+3);
- – Switzerland Consumer Price Index at 09:30 (m/m) (GMT+3);
- – UK Services PMI (m/m) at 11:30 (GMT+3);
- – OPEC+ Meeting at 12:00 (GMT+3);
- – UK BoE Inflation Report (m/m) at 14:00 (GMT+3);
- – UK BoE Interest Rate Decision (m/m) at 14:00 (GMT+3);
- – UK BoE Monetary Policy Statement (m/m) at 14:00 (GMT+3);
- – US Initial Jobless Claims (w/w) at 15:30 (GMT+3);
- – US Natural Gas Storage (w/w) at 17:30 (GMT+3).
- – Australia RBA Monetary Policy Statement (m/m) at 04:30 (GMT+3);
- – Switzerland Unemployment Rate at 08:45 (GMT+3);
- – German Industrial Production (m/m) at 09:00 (GMT+3);
- – UK Construction PMI (m/m) at 11:30 (GMT+3);
- – US Nonfarm Payrolls (m/m) at 15:30 (GMT+3);
- – US Unemployment Rate (m/m) at 15:30 (GMT+3);
- – Canada Unemployment Rate (m/m) at 15:30 (GMT+3);
- – US FOMC Member Williams Speaks at 16:15 (GMT+3);
- – Canada Ivey PMI (m/m) at 17:00 (GMT+3).
by 2022.05.02
, We advise you to get acquainted with the daily forecasts for the major currency pairs.This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.
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