Upcoming economic events 2 April 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
00:30		2 points	Building Approvals (MoM) (Feb)	-1.4%	6.3%
10:30		2 points	ECB’s Schnabel Speaks	———-	———-
12:15		3 points	ADP Nonfarm Employment Change (Mar)	118K	77K
14:00		2 points	Factory Orders (MoM) (Feb)	0.5%	1.7%
14:05		2 points	ECB’s Lane Speaks	———-	———-
14:30		3 points	Crude Oil Inventories	———-	-3.341M
14:30		2 points	Cushing Crude Oil Inventories	———-	-0.755M
18:45		2 points	ECB President Lagarde Speaks	———-	———-
19:00		3 points	U.S. President Trump Speaks	———-	———-

Summary of Upcoming Economic Events on April 2, 2025

Australia (🇦🇺)

1. Building Approvals (MoM) (February) (00:30 UTC)
   • Forecast: -1.4%
   • Previous: 6.3%
   • Market Impact:
     • A decline could signal a slowdown in construction activity, weighing on the AUD.
     • Unexpected strength might support AUD sentiment, indicating housing sector resilience.

Eurozone (🇪🇺)

2. ECB’s Schnabel Speaks (10:30 UTC)
3. ECB’s Lane Speaks (14:05 UTC)
4. ECB President Lagarde Speaks (18:45 UTC)
   • Market Impact:
     • These speeches may offer insight into ECB’s stance on inflation, growth, and monetary policy.
     • A hawkish tone could strengthen the euro (EUR), while dovish commentary may weaken it.

United States (🇺🇸)

5. ADP Nonfarm Employment Change (March) (12:15 UTC)
   • Forecast: 118K
   • Previous: 77K
   • Market Impact:
     • Strong job growth would boost USD and signal labor market strength.
     • A miss may raise concerns ahead of the official nonfarm payrolls data.
6. Factory Orders (MoM) (February) (14:00 UTC)
   • Forecast: 0.5%
   • Previous: 1.7%
   • Market Impact:
     • Slower growth could temper optimism on industrial activity.
     • A better-than-expected number may support USD and equities.
7. Crude Oil Inventories (14:30 UTC)
   • Previous: -3.341M
8. Cushing Crude Oil Inventories (14:30 UTC)
   • Previous: -0.755M
   • Market Impact:
     • A drawdown in inventories tends to support oil prices.
     • Builds could indicate demand softening or oversupply, pressuring crude prices.
9. U.S. President Trump Speaks (19:00 UTC)
   • Market Impact:
     • Market will watch for comments on economic policy, trade, or monetary direction.
     • Any unexpected statements could increase market volatility.

Overall Market Impact Score: 6/10

Key Focus: U.S. labor market data (ADP), ECB speakers, and oil inventory figures. These will shape expectations for U.S. employment strength, European monetary policy, and energy price dynamics.