#ForexChief #MarketFocus #forexnews #Fed #Eurozone #worldnews #forexmarket #BOEmeetings #NFP #OPEC⠀
📊 Market focus: events of the current week⠀
👉 An active week awaits us: Fed and BOE meetings, as well as the next
NFP. Any rate correction will be an occasion for short-term speculation, but a global reversal of the dollar trend should not be expected.
⠀
In addition to the head of the Fed, there are no other speeches on the calendar. But after the official consent of Germany, the EU countries can agree on an embargo on Russian oil as early as this week. EU representatives and analysts will be discussing this topic tomorrow, 4 May; active comments are possible, and a reaction is possible on the euro and oil. Don't forget about the OPEC meeting.
⠀
Fans of Asian assets will be interested in the RBNZ report and press conference, as well as data on the labour market in New Zealand, retail sales in Australia and the RBA report.
⠀
specified time is GMT Offset 0⠀
Tuesday, 3AUD: RBA Interest Rate Decision, RBA Rate Statement (04:30)
USD: JOLTs Job Openings (14:00); API Weekly Crude Oil Stock (14:30)
NZD: GlobalDairyTrade Price Index (15:00); RBNZ Financial Stability Report (21:00); Employment Change, Unemployment Rate (22:45); RBNZ Press Conference (23:00)
⠀
Wednesday, 4AUD: Retail Sales, Home Loans (01:30)
USD: ADP Nonfarm Employment Change (12:15); ISM Non-Manufacturing PMI (14:00); Crude Oil Inventories (14:30); FOMC Statement, Fed Interest Rate Decision (18:00); FOMC Press Conference (18:30)
NZD: Employment Change (22:45)
EUR: ECB Non-monetary Policy Meeting (07:00); Services, Markit Composite PMI (08:00)
USD: Exports, Imports, Trade Balance (12:30); Services, Markit Composite PMI (13:45); ISM Non-Manufacturing Employment (14:00); Cushing Crude Oil Inventories (14:30)
NZD: Unemployment Rate (22:45)
⠀
Thursday, 5 AUD: Building Approval, Trade Balance (01:30)
GBP: Composite, Services PMI (08:30); BoE QE Total, Inflation Report, Interest Rate Decision, MPC Meeting Minutes (11:00)
USD: Initial Jobless Claims, Nonfarm Productivity, Unit Labor Costs (12:30); OPEC Meeting (Tentative)
⠀
Friday, 6AUD: RBA Monetary Policy Statement
USD: Nonfarm Payrolls, Unemployment Rate (12:30)
⠀
Profits to y’all!