Upcoming economic events 2 May 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
01:30		2 points	PPI (YoY) (Q1)	———-	3.7%
01:30		2 points	PPI (QoQ) (Q1)	0.8%	0.8%
01:30		2 points	Retail Sales (MoM) (Mar)	0.4%	0.2%
08:00		2 points	ECB Economic Bulletin	———-	———-
08:00		2 points	HCOB Eurozone Manufacturing PMI (Apr)	48.7	48.6
09:00		2 points	Core CPI (YoY) (Apr)	2.5%	2.4%
09:00		2 points	CPI (MoM) (Apr)	———-	0.6%
09:00		3 points	CPI (YoY) (Apr)	2.1%	2.2%
09:00		2 points	Unemployment Rate (Mar)	6.1%	6.1%
12:30		2 points	Average Hourly Earnings (YoY) (YoY) (Apr)	———-	3.8%
12:30		3 points	Average Hourly Earnings (MoM) (Apr)	0.3%	0.3%
12:30		3 points	Nonfarm Payrolls (Apr)	129K	228K
12:30		2 points	Participation Rate (Apr)	———-	62.5%
12:30		2 points	Private Nonfarm Payrolls (Apr)	125K	209K
12:30		2 points	U6 Unemployment Rate (Apr)	———-	7.9%
12:30		3 points	Unemployment Rate (Apr)	4.2%	4.2%
14:00		2 points	Factory Orders (MoM) (Mar)	4.2%	0.6%
17:00		2 points	U.S. Baker Hughes Oil Rig Count	———-	———-
17:00		2 points	U.S. Baker Hughes Total Rig Count	———-	———-
19:30		2 points	CFTC Crude Oil speculative net positions	———-	171.0K
19:30		2 points	CFTC Gold speculative net positions	———-	175.4K
19:30		2 points	CFTC Nasdaq 100 speculative net positions	———-	37.7K
19:30		2 points	CFTC S&P 500 speculative net positions	———-	-75.9K
19:30		2 points	CFTC AUD speculative net positions	———-	-54.6K
19:30		2 points	CFTC JPY speculative net positions	———-	177.8K
19:30		2 points	CFTC EUR speculative net positions	———-	65.0K

Summary of Upcoming Economic Events on May 2, 2025

Australia (🇦🇺)

1. PPI (YoY/QoQ) (Q1) – 01:30 UTC
   • YoY Previous: 3.7%
   • QoQ Forecast & Previous: 0.8%
2. Retail Sales (MoM) (Mar) – 01:30 UTC
   • Forecast: 0.4% | Previous: 0.2%
   • Market Impact:
     • Higher-than-expected PPI or retail sales could boost AUD, signaling inflationary pressures and consumer strength.

Eurozone (🇪🇺)

3. ECB Economic Bulletin – 08:00 UTC
   • Market Impact:
     • Provides insight into the ECB’s economic outlook, influencing the euro (EUR).
4. HCOB Manufacturing PMI (Apr) – 08:00 UTC
   • Forecast: 48.7 | Previous: 48.6
5. Core CPI (YoY) (Apr) – 09:00 UTC
   • Forecast: 2.5% | Previous: 2.4%
6. CPI (YoY) (Apr) – 09:00 UTC
   • Forecast: 2.1% | Previous: 2.2%
7. Unemployment Rate (Mar) – 09:00 UTC
   • Forecast & Previous: 6.1%
   • Market Impact:
     • Higher inflation readings could raise ECB rate hike expectations, supporting the euro.

United States (🇺🇸)

8. Nonfarm Payrolls (Apr) – 12:30 UTC
   • Forecast: 129K | Previous: 228K
9. Average Hourly Earnings (MoM) (Apr) – 12:30 UTC
   • Forecast: 0.3% | Previous: 0.3%
10. Unemployment Rate (Apr) – 12:30 UTC

• Forecast & Previous: 4.2%

11. Private Nonfarm Payrolls (Apr) – 12:30 UTC

• Forecast: 125K | Previous: 209K

12. Factory Orders (MoM) (Mar) – 14:00 UTC

• Forecast: 4.2% | Previous: 0.6%
• Market Impact:
  • Weaker job growth may fuel rate cut expectations, potentially weighing on the USD.
  • A strong rise in factory orders could offset labor softness and support economic outlook.

13. Speculative Net Positions & Rig Counts – 17:00–19:30 UTC

• Market Impact:
  • Positioning data in crude oil, gold, indices, and currencies offer clues about investor sentiment and market momentum.

Market Impact Analysis

• USD: Highly sensitive to payrolls, wages, and jobless rate.
• AUD: Could strengthen on strong retail or PPI data.
• EUR: Focus on CPI and ECB bulletin; inflation surprise could shift policy tone.
• Gold/Oil/Indices: Watch CFTC positioning and Baker Hughes rig data for commodity trends.

Overall Impact Score: 7/10

Key Focus: U.S. employment report and Eurozone CPI figures – likely to set market tone for major currencies and risk sentiment.