{"id":10840,"date":"2025-04-28T06:12:08","date_gmt":"2025-04-28T06:12:08","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=10840"},"modified":"2025-04-28T06:49:56","modified_gmt":"2025-04-28T06:49:56","slug":"weekly-overview-2025-04-28","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pt\/analytics\/weekly-overview-2025-04-28\/","title":{"rendered":"Week&#8217;s main events (April 28 \u2013 May 02)"},"content":{"rendered":"<div class=\"ag-base_page ag-m-format-container\">\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (April 28 \u2013 May 02)<\/h1>\n<div class=\"ag-analytics-page ag-market-overview-page\">\n<p class=\"ag-analytics_text\">This week, investors will closely monitor the US-China trade dispute, assessing the likelihood of potential de-escalation. In addition, the week will be packed with key economic data. In the US, the first estimate of GDP growth for the first quarter of 2025 is expected to show a significant slowdown, with some forecasts even suggesting a possible contraction. Investors will also pay attention to the US Nonfarm Payrolls report, PCE inflation data, and ISM manufacturing PMI. In Europe, market participants will analyze Eurozone GDP and inflation data. Meanwhile, the Bank of Japan is expected to leave interest rates unchanged. In China, all eyes will be on the April PMIs, while in Australia, the focus will be on the inflation report.<\/p>\n<div class=\"ag-analytics_title\">Monday, April 28<\/div>\n<div class=\"ag-analytics_title-list\">No major economic news is expected on Monday. Canada will hold a federal election. Polls and betting odds show that the Liberals, led by Prime Minister Mark Carney, will win with an absolute majority. The markets likely factor in this scenario and should have a limited short-term impact on the CAD. An unexpected victory for the Conservatives could instead trigger a rally in the Canadian Dollar.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Canada Federal Election (All Day).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Tuesday, April 29<\/div>\n<div class=\"ag-analytics_title-list\">On Tuesday, the US JOLTs job openings data will hint at what kind of Non-Farm report to expect on Friday. A decline from 7.568M to 7.4M is expected, which indicates a cooling labor market. This would be a negative for the US dollar as it would increase the likelihood of a rate cut from the US Fed. In the European session, it is worth paying attention to the German consumer confidence report from GfK. Weak data is expected, which hints at the possibility of a recession in Europe&#8217;s largest economy. European indices may come under pressure. It\u2019s a bank holiday in Japan.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 German GfK Consumer Confidence (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 US JOLTs Job Openings (m\/m) at 17:00 (GMT+3);<\/li>\n<li>\u2013 US CB Consumer Confidence (m\/m) at 17:00 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Wednesday, April 30<\/div>\n<div class=\"ag-analytics_title-list\">Wednesday brings out a batch of the Federal Reserve\u2019s favorite inflation readings. The Q1 core PCE, headline PCE, and core PCE for March. A decline is expected for both PCE indicators. The headline indicator is expected to be 2.2% y\/y (previous value 2.5% y\/y). The core PCE is expected to be 2.5% y\/y (previous value 2.8% y\/y). The US economy is expected to have added 0.5% in the latest quarter, down sharply from 2.4% in the previous quarter. Some analysts believe that GDP may even show a contraction. If the data is worse than expected, it could hit the dollar and the US indices hard. Australian inflation data should also be in the spotlight on Wednesday. Inflationary pressures are expected to fall from 3.2% to 2.8% y\/y. This will increase the probability of a rate cut from the RBA at the next meeting, which is negative for the Aussie dollar. An upside surprise, on the other hand, could cause the AUD to rise sharply. Also, it is important to evaluate China&#8217;s PMI indicators. A contraction is expected, which may cause a sell-off in CHA50 and HK50.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Japan Industrial Production (m\/m) at 02:50 (GMT+3);<\/li>\n<li>\u2013 Japan Retail Sales (m\/m) at 02:50 (GMT+3);<\/li>\n<li>\u2013 Australia Consumer Price Index (m\/m) at 04:30 (GMT+3);<\/li>\n<li>\u2013 China Manufacturing PMI (m\/m) at 04:30 (GMT+3);<\/li>\n<li>\u2013 China Non-Manufacturing PMI (m\/m) at 04:30 (GMT+3);<\/li>\n<li>\u2013 China Caixin Manufacturing PMI (m\/m) at 04:45 (GMT+3);<\/li>\n<li>\u2013 German Retail Sales (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 Switzerland KOF Leading Indicators (m\/m) at 10:30 (GMT+3);<\/li>\n<li>\u2013 Thailand BoT Interest Rate Decision at 10:00 (GMT+3);<\/li>\n<li>\u2013 German Unemployment Rate (m\/m) at 10:55 (GMT+3);<\/li>\n<li>\u2013 German GDP (m\/m) at 11:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone GDP (q\/q) at 12:00 (GMT+3);;<\/li>\n<li>\u2013 German Consumer Price Index (m\/m) at 15:00 (GMT+3);<\/li>\n<li>\u2013 Mexico GDP (q\/q) at 15:00 (GMT+3);<\/li>\n<li>\u2013 US ADP Nonfarm Employment Change (m\/m) at 15:15 (GMT+3);<\/li>\n<li>\u2013 Canada GDP (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US GDP (q\/q) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US Chicago PMI (m\/m) at 16:45 (GMT+3);<\/li>\n<li>\u2013 US PCE Price Index (m\/m) at 17:00 (GMT+3);<\/li>\n<li>\u2013 US Crude Oil Reserves (w\/w) at 17:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Thursday, May 01<\/div>\n<div class=\"ag-analytics_title-list\">On Thursday, traders will mainly focus on the Bank of Japan (BoJ) meeting. The Bank of Japan is widely expected to keep the rate at the current level due to tariff uncertainty. However, the BoJ may raise the interest rate further regarding domestic economic conditions. At this meeting, the Bank of Japan will update its forecasts on inflation and growth. High uncertainty is likely to be expressed. At the US trading session, traders should pay attention to the ISM Manufacturing PMI. A decline from 49 to 47.2 is expected, intensifying the decline in the sector. Such data will be negative for the US dollar. It\u2019s a bank holiday in Japan. It\u2019s a bank holiday in China, Switzerland, France, Germany, Italy, Norway, Sweden, Hong Kong, and Singapore.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Australia Manufacturing PMI (m\/m) at 02:00 (GMT+3);<\/li>\n<li>\u2013 Japan Manufacturing PMI (m\/m) at 03:30 (GMT+3);<\/li>\n<li>\u2013 Australia Trade Balance (m\/m) at 04:30 (GMT+3);<\/li>\n<li>\u2013 Japan BoJ Interest Rate Decision at 06:00 (GMT+3);<\/li>\n<li>\u2013 Japan BoJ Monetary Policy Statement at 06:00 (GMT+3);<\/li>\n<li>\u2013 Switzerland Retail Sales (m\/m) at 09:30 (GMT+3);<\/li>\n<li>\u2013 UK Manufacturing PMI (m\/m) at 11:30 (GMT+3);<\/li>\n<li>\u2013 US Initial Jobless Claims (w\/w) at 15:30 (GMT+3);<\/li>\n<li>\u2013 Canada Manufacturing PMI (m\/m) at 16:30 (GMT+3);<\/li>\n<li>\u2013 US ISM Manufacturing PMI (m\/m) at 17:00 (GMT+3);<\/li>\n<li>\u2013 US Natural Gas Storage (w\/w) at 17:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Friday, May 02<\/div>\n<div class=\"ag-analytics_title-list\">The most important Friday release is Nonfarm Payrolls. This data can trigger increased volatility in the market, and the Fed also considers this indicator to adjust monetary policy. The US economy is expected to add 129K, down strongly from 228K last month. Such a decline is a clear sign of a cooling labor market, which could sharply increase the probability of a rate cut from the US Fed at the May or June meeting. Weak data is likely to cause the dollar to sell off. It\u2019s a bank holiday in China.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Japan Unemployment Rate (m\/m) at 02:30 (GMT+3);<\/li>\n<li>\u2013 Australia Retail Sales (m\/m) at 04:30 (GMT+3);<\/li>\n<li>\u2013 Switzerland Manufacturing PMI (m\/m) at 10:30 (GMT+3);<\/li>\n<li>\u2013 Germany Manufacturing PMI (m\/m) at 10:55 (GMT+3);<\/li>\n<li>\u2013 Eurozone Manufacturing PMI (m\/m) at 11:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone Consumer Price Index (m\/m) at 12:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone Unemployment Rate (m\/m) at 12:00 (GMT+3);<\/li>\n<li>\u2013 US Nonfarm Payrolls (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US Unemployment Rate (m\/m) at 15:30 (GMT+3).<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, 2025.04.28<\/p>\n<p>&nbsp;<\/p>\n<p><a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/pt\/register\/?sl=1\">Open Account<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (April 28 \u2013 May 02) This week, investors will closely monitor the US-China trade dispute, assessing the likelihood of potential de-escalation. In addition, the week will be packed with key economic data. In the US, the first estimate of GDP growth for the first quarter of 2025 &#8230;<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[191,334,340],"tags":[],"class_list":["post-10840","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts\/10840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/comments?post=10840"}],"version-history":[{"count":3,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts\/10840\/revisions"}],"predecessor-version":[{"id":10859,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts\/10840\/revisions\/10859"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/media?parent=10840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/categories?post=10840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/tags?post=10840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}