Fed Meeting in the Spotlight: This Week’s Market Mover
Market Movers of the Week from April 29th to May 3rd
The upcoming week is packed with a rich economic calendar, with the Fed meeting taking center stage among the not-to-be-missed events.
Market participants are eagerly anticipating the interest rate decision and, more importantly, Fed Chair Powell’s press conference on May 1st.
In addition, investors are looking out for the PMI readings from major global powers such as China, the US, and the Eurozone, including Italy.
Monday, April 29th Market Movers:
11:00 EUR: Eurozone Business Climate Indicator
11:00 EUR: Eurozone Consumer Confidence
14:00 EUR: Germany Preliminary CPI
Tuesday, April 30th Market Movers:
01:50 JPY: Japan Industrial Production
03:30 CNY: China Composite PMI Index
03:30 CNY: China Manufacturing Purchasing Managers Index (PMI)
03:30 CNY: China Non-Manufacturing PMI
03:45 CNY: Caixin China Manufacturing PMI
08:00 EUR: Germany Retail Sales
09:55 EUR: Germany Unemployment Rate
10:00 EUR: Italy Preliminary GDP
10:00 EUR: Germany Preliminary GDP
11:00 EUR: Italy Preliminary CPI
11:00 EUR: Eurozone Preliminary CPI
11:00 EUR: Eurozone Preliminary GDP
Wednesday, May 1st Market Movers:
14:15 USD: US ADP Nonfarm Employment Change
16:00 USD: US ISM Manufacturing PMI
16:00 USD: US ISM Manufacturing Prices
16:00 USD: US JOLTs Job Openings
20:00 USD: US FOMC Decisions
20:00 USD: US FED Interest Rate Decision
20:30 USD: US FOMC Press Conference
Thursday, May 2nd Market Movers:
09:45 EUR: Italy Manufacturing Purchasing Managers Index (PMI)
09:50 EUR: France Manufacturing PMI
09:55 EUR: Germany Manufacturing Purchasing Managers Index (PMI)
10:00 EUR: Italy Producer Price Index (PPI)
10:00 EUR: Italy Manufacturing PMI
14:30 USD: US Initial Jobless Claims
16:00 USD: US Factory Orders
Friday, May 3rd Market Movers:
11:00 EUR: Eurozone Unemployment Rate
14:30 USD: US Average Hourly Earnings
14:30 USD: US Unemployment Rate
15:45 USD: US ISM Non-Manufacturing PMI
16:00 USD: US ISM Non-Manufacturing Business Activity Index