Trading CFDs on a leveraged basis involves a significant amount of risk. They may not be suitable for all investors, so please ensure you fully understand all of the risks. Most retail clients lose money when trading CFDs.
Trading CFDs on a leveraged basis involves a significant amount of risk. They may not be suitable for all investors, so please ensure you fully understand all of the risks. Most retail clients lose money when trading CFDs.

Economic Calendar: US labor market reports and Fed decision this week 🧭

9:58 AM 29 April 2024

Today, investors will see several interesting publications from European Union member countries. Inflation reports for April from countries such as Spain and Germany are on the calendar. The consensus points to readings roughly in line with the previous month. In the second half of the day, investor attention will shift across the Atlantic. No significant events are scheduled on the macro calendar, but a few intriguing quarterly reports will be released in the corporate sector. Before the session, Domino's Pizza will publish its results, and after the session, the releases are scheduled for Microstrategy and Paramount Global.

More important events await investors later in the week. Several key reports from the US will be released, including ADP and NFP labor market reports and an ISM report. Mid-week, on Wednesday, May 1, the Fed meeting will also conclude with an announcement on interest rates. Although the decision itself is likely expected (no change in interest rates), Jerome Powell's speech may provide more information about the perspective for the upcoming months.

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Quarterly Earnings Calendar:

  • Domino's Pizza: April 29, before the session
  • Microstrategy: April 29, after the session
  • Paramount Global: April 29, after the session
  • Advanced Micro Devices: April 30, after the session
  • Amazon: April 30, after the session
  • Super Micro Computer: April 30, after the session
  • Qualcomm: May 1, after the session
  • Apple: May 2, after the session
  • Coinbase: May 2, after the session

Detailed weekly calendar:

 

April 29: Monday

  • 10:00 AM: Sentiment Indices (Eurozone)
  • 1:00 PM: Inflation Data (Germany)
  • 3:30 PM: Dallas Fed Regional Index (USA)

April 30: Tuesday

  • 12:50 AM: Industrial Production and Retail Sales (Japan)
  • 2:30 AM: Manufacturing and Services PMI (China)
  • 7:00 AM: GDP (Germany)
  • 10:00 AM: GDP / Inflation Data (Eurozone)
  • 2:45 PM: Chicago PMI Regional Index (USA)
  • 3:00 PM: Conference Board Index (USA)

May 1: Wednesday

  • 12:30 AM: Manufacturing PMI (Japan)
  • 9:30 AM: Manufacturing PMI (UK)
  • 1:15 PM: ADP Report (USA)
  • 2:30 PM: Manufacturing PMI (Canada)
  • 3:00 PM: ISM Manufacturing (USA) / JOLTS Data
  • 3:30 PM: EIA Oil Inventory Change
  • 7:00 PM / 8:30 PM: Fed Decision / Powell Conference

May 2: Thursday

  • All day: Manufacturing PMI (Europe)
  • 12:30 AM: BoJ Minutes (Japan)
  • 7:30 AM: Inflation Data (Switzerland)
  • 1:30 PM: Jobless Claims (USA)
  • 3:00 PM: Durable Goods Orders (USA)
  • 3:30 PM: US Natural Gas Inventory Change

May 3: Friday

  • 9:30 AM: Services PMI (UK)
  • 1:30 PM: NFP Report (USA)
  • 3:00 PM: ISM Services (USA)

The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
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Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.

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