Upcoming economic events 1 May 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
01:30		2 points	Trade Balance (Mar)	3.120B	2.968B
02:30		2 points	BoJ Monetary Policy Statement	———-	———-
03:00		2 points	BoJ Outlook Report (YoY)	———-	———-
03:00		3 points	BoJ Interest Rate Decision	0.50%	0.50%
06:30		2 points	BoJ Press Conference	———-	———-
12:30		2 points	Continuing Jobless Claims	———-	1,841K
12:30		3 points	Initial Jobless Claims	224K	222K
13:45		3 points	S&P Global Manufacturing PMI (Apr)	50.7	50.2
14:00		2 points	Construction Spending (MoM) (Mar)	0.3%	0.7%
14:00		2 points	ISM Manufacturing Employment (Apr)	———-	44.7
14:00		3 points	ISM Manufacturing PMI (Apr)	48.0	49.0
14:00		3 points	ISM Manufacturing Prices (Apr)	72.9	69.4
17:00		2 points	Atlanta Fed GDPNow (Q2)	———-	———-
20:30		2 points	Fed’s Balance Sheet	———-	6,727B

Summary of Upcoming Economic Events on May 1, 2025

Australia (🇦🇺)

1. Trade Balance (Mar) – 01:30 UTC
   • Forecast: 3.120B | Previous: 2.968B
   • Market Impact:
     • A larger-than-expected surplus may support the Australian dollar (AUD), signaling stronger exports or weaker imports.

Japan (🇯🇵)

2. BoJ Monetary Policy Statement – 02:30 UTC
3. BoJ Outlook Report (YoY) – 03:00 UTC
4. BoJ Interest Rate Decision – 03:00 UTC
   • Forecast: 0.50% | Previous: 0.50%
5. BoJ Press Conference – 06:30 UTC
   • Market Impact:
     • Focus will be on any changes in inflation outlook or monetary policy stance.
     • No change in rate is expected, but guidance could influence the yen (JPY).

United States (🇺🇸)

6. Continuing Jobless Claims – 12:30 UTC
   • Previous: 1,841K
7. Initial Jobless Claims – 12:30 UTC
   • Forecast: 224K | Previous: 222K
   • Market Impact:
     • Rising claims could signal labor market softening, affecting rate cut expectations.
8. S&P Global Manufacturing PMI (Apr) – 13:45 UTC
   • Forecast: 50.7 | Previous: 50.2
9. Construction Spending (MoM) (Mar) – 14:00 UTC
   • Forecast: 0.3% | Previous: 0.7%
10. ISM Manufacturing Employment (Apr) – 14:00 UTC

• Previous: 44.7

11. ISM Manufacturing PMI (Apr) – 14:00 UTC

• Forecast: 48.0 | Previous: 49.0

12. ISM Manufacturing Prices (Apr) – 14:00 UTC

• Forecast: 72.9 | Previous: 69.4
• Market Impact:
  • Lower PMI or job data could reinforce expectations for Fed easing, pressuring the USD.
  • Higher prices may increase inflation concerns.

13. Atlanta Fed GDPNow (Q2) – 17:00 UTC

• Market Impact:
  • A declining forecast could weigh on growth sentiment and the USD.

14. Fed’s Balance Sheet – 20:30 UTC

• Previous: 6,727B
• Market Impact:
  • Watch for shifts in liquidity conditions, though immediate impact is usually muted.

Market Impact Analysis

• USD: Key focus on labor market and manufacturing data.
• JPY: BoJ tone on future tightening or inflation trajectory.
• AUD: Trade balance strength could boost the AUD.
• Equities/Oil: Sensitive to manufacturing and employment prints.

Overall Impact Score: 6/10

Key Focus:

• BoJ guidance, U.S. labor and ISM data, and early signs of Q2 GDP trends via Atlanta Fed.