Upcoming economic events 4 February 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
03:35		2 points	10-Year JGB Auction	———-	1.140%
15:00		2 points	Factory Orders (MoM) (Dec)	-0.7%	-0.4%
15:00		3 points	JOLTS Job Openings (Dec)	7.880M	8.098M
16:00		2 points	FOMC Member Bostic Speaks	———-	———-
18:15		2 points	FOMC Member Daly Speaks	———-	———-
21:30		2 points	API Weekly Crude Oil Stock	———-	2.860M

Summary of Upcoming Economic Events on February 4, 2025

Japan (🇯🇵)

1. 10-Year JGB Auction(03:35 UTC)
   • Previous: 1.140%.
   • The results will influence JPY and Japanese bond yields. Higher yields could strengthen the yen.

United States (🇺🇸)

2. Factory Orders (MoM) (Dec)(15:00 UTC)
   • Forecast: -0.7%, Previous: -0.4%.
   • A larger-than-expected decline may indicate slowing business investment.
3. JOLTS Job Openings (Dec)(15:00 UTC)
   • Forecast: 7.880M, Previous: 8.098M.
   • A drop in job openings suggests labor market softening, potentially influencing Fed policy expectations.
4. FOMC Member Bostic Speaks(16:00 UTC)
   • Market participants will look for hints on rate policy.
5. FOMC Member Daly Speaks(18:15 UTC)
   • Similar to Bostic, any commentary on inflation or employment trends will be closely monitored.
6. API Weekly Crude Oil Stock(21:30 UTC)
   • Previous: 2.860M.
   • A sharp inventory increase could pressure oil prices lower.

Market Impact Analysis

• JPY: Bond auction results may affect Japanese yields and yen strength.
• USD: JOLTS data and factory orders will impact Fed rate expectations.
• Oil Prices: API crude stock data could drive short-term volatility in energy markets.

Volatility & Impact Score

• Volatility: Moderate (JOLTS and oil stock data are key events).
• Impact Score: 6/10 – Labor market trends and oil inventories may move the markets.