Weekly Economic & Political Timeline - Sunday, April 30

There will be a greater amount of high-impact news scheduled this week, compared to last week. There is highly important central bank input due from the U.S. Federal Reserve and the Reserve Bank of Australia, as well U.S. Non-Farm Payrolls numbers.

The market will probably be most active on Wednesday and Friday.

It will be a public holiday in China and most of Europe on Monday, and in Japan from Wednesday to Friday inclusive.

U.S. Dollar

It will be a busy and crucial week for the greenback, beginning on Monday with ISM Manufacturing PMI data and a conference speech by the Treasury Secretary. Wednesday brings the FOMC Statement and Federal Funds Rate, as well as the ADP Non-Farm Employment Change, ISN Non-Manufacturing PMI and Crude Oil Inventories numbers. Thursday sees the release of Unemployment Claims, followed on Friday by the Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings numbers. The Chair of the Federal Reserve will also be delivering a minor speech.

Australian Dollar

It will be an important week for the Aussie, starting on Tuesday with the release of the RBA Rate Statement and Cash Rate. On Thursday, the Governor of the RBA will be speaking at a lunch event, and there will be a release of Trade Balance data. Friday will see the release of the RBA’s Monetary Policy Statement.

Chinese Yuan

Following the public holiday on Monday, Tuesday will see the release of Caixin Manufacturing PMI data.

British Pound

It will be a reasonably active week for the Pound following Monday’s public holiday, starting on Tuesday with a release of Manufacturing PMI numbers. Wednesday brings Construction PMI, followed on Thursday by Services PMI.

Canadian Dollar

It will be a reasonably active week for the Loonie, starting on Thursday with a release of Trade Balance data and a minor speech from the Governor of the Bank of Canada. Friday will see the release of Unemployment Rate and Employment Change numbers.

New Zealand Dollar

It will be a reasonably active week for the Kiwi following Monday’s public holiday, starting on Tuesday with a release of GDT Price Index data. Wednesday brings Employment Change and Unemployment Rate numbers, followed on Friday by Inflation Expectations.

You can trade our forecasts in a real or demo Forex brokerage account to test the strategies and ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.