Jeremy Oles

Published On: 29/04/2025
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Assorted cryptocurrencies with date for economic events.
By Published On: 29/04/2025
Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious
01:30🇦🇺2 pointsCPI (YoY) (Q1)2.3%2.4%
01:30🇦🇺2 pointsCPI (QoQ) (Q1)0.8%0.2%
01:30🇦🇺2 pointsTrimmed Mean CPI (QoQ) (Q1)0.6%0.5%
01:30 🇨🇳2 pointsChinese Composite PMI (Apr)———-51.4
01:30🇨🇳2 pointsManufacturing PMI (Apr)49.750.5
01:30🇨🇳3 pointsNon-Manufacturing PMI (Apr)50.650.8
01:45🇨🇳2 pointsCaixin Manufacturing PMI (Apr)49.851.2
09:00🇪🇺2 pointsGDP (QoQ) (Q1)0.2%0.2%
09:00🇪🇺2 pointsGDP (YoY) (Q1) 1.0%1.2%
12:15🇺🇸3 pointsADP Nonfarm Employment Change (Apr)123K155K
12:30🇺🇸2 pointsCore PCE Prices (Q1)———-2.60%
12:30🇺🇸2 pointsEmployment Cost Index (QoQ) (Q1)0.9%0.9%
12:30🇺🇸3 pointsGDP (QoQ) (Q1)0.4%2.4%
12:30🇺🇸2 pointsGDP Price Index (QoQ) (Q1)3.0%2.3%
13:45🇺🇸3 pointsChicago PMI (Apr)45.947.6
14:00🇺🇸3 pointsCore PCE Price Index (MoM) (Mar)0.1%0.4%
14:00🇺🇸3 pointsCore PCE Price Index (YoY) (Mar)2.6%2.8%
14:00🇺🇸2 pointsPCE Price index (YoY) (Mar)2.2%2.5%
14:00🇺🇸2 pointsPCE price index (MoM) (Mar)0.0%0.3%
14:00🇺🇸2 pointsPending Home Sales (MoM) (Mar)0.9%2.0%
14:00🇺🇸2 pointsPersonal Spending (MoM) (Mar)0.6%0.4%
14:30🇺🇸3 pointsCrude Oil Inventories———-0.244M
14:30🇺🇸2 pointsCushing Crude Oil Inventories———-0.086M
17:00🇺🇸2 pointsAtlanta Fed GDPNow (Q2)———-———-

Summary of Upcoming Economic Events on April 29, 2025

Australia (🇦🇺)

  1. RBA Assistant Governor Kent Speaks – 02:05 UTC
    • Market Impact:
      • Comments could affect the Australian dollar (AUD), especially if he discusses interest rates, inflation, or the economic outlook.
      • Hawkish remarks could strengthen AUD, while dovish signals could weaken it.

United States (🇺🇸)

  1. Goods Trade Balance (Mar) – 12:30 UTC
    • Forecast: -143.70B
    • Previous: -147.85B
    • Market Impact:
      • A lower deficit than expected could support the USD, reflecting stronger exports or weaker imports.
  2. Retail Inventories Ex Auto (Mar) – 12:30 UTC
    • Previous: 0.1%
    • Market Impact:
      • A key indicator for Q1 GDP adjustments; surprises could shift growth expectations.
  3. S&P/CS HPI Composite-20 n.s.a. (MoM/YoY) (Feb) – 13:00 UTC
    • YoY Forecast: 4.6% | Previous: 4.7%
    • Market Impact:
      • Housing price growth data can impact housing-related stocks and broader market sentiment.
  4. CB Consumer Confidence (Apr) – 14:00 UTC
    • Forecast: 87.4
    • Previous: 92.9
    • Market Impact:
      • Lower confidence may weigh on USD and equities; higher-than-expected numbers would be supportive.
  5. JOLTS Job Openings (Mar) – 14:00 UTC
    • Forecast: 7.480M
    • Previous: 7.568M
    • Market Impact:
      • A decline in job openings signals a slower labor market, potentially easing pressure on the Fed to maintain high rates.
  6. Atlanta Fed GDPNow (Q1) – 14:30 UTC
    • Forecast: -2.5%
    • Previous: -2.5%
    • Market Impact:
      • An unchanged or worsening forecast could pressure equities and weaken the USD.
  7. API Weekly Crude Oil Stock – 20:30 UTC
    • Previous: -4.565M
    • Market Impact:
      • Further inventory declines could support oil prices, while a build would pressure crude lower.

Japan (🇯🇵)

  1. Industrial Production (MoM) (Mar) – 23:50 UTC
    • Forecast: -0.5%
    • Previous: 2.3%
    • Market Impact:
      • A negative result could weaken JPY slightly, signaling slower industrial activity.

Market Impact Analysis

  • USD: Driven by consumer confidence, JOLTS job data, and GDPNow updates.
  • AUD: Sensitive to RBA guidance from Kent’s speech.
  • Oil: Watch for API crude stock changes to guide oil price volatility.
  • JPY: Modest influence from industrial output numbers.

Overall Impact Score: 6/10

Key Focus:

  • U.S. consumer sentiment, labor market strength, and trade dynamics.
  • RBA commentary affecting the Australian dollar.
  • Crude oil inventories shaping commodity markets.