Thomas Daniels
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| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 01:30 |  | 2 points | Building Approvals (MoM) (Mar) | -1.7% | -0.3% |
| 01:45 |  | 2 points | Caixin Services PMI (Apr) | 51.7 | 51.9 |
| 08:00 |  | 2 points | HCOB Eurozone Composite PMI (Apr) | 50.1 | 50.9 |
| 08:00 | | 2 points | HCOB Eurozone Services PMI (Apr) | 49.7 | 51.0 |
| 12:30 |  | 2 points | Exports (Mar) | ———- | 278.50B |
| 12:30 | | 2 points | Imports (Mar) | ———- | 401.10B |
| 12:30 | | 2 points | Trade Balance (Mar) | -124.70B | -122.70B |
| 16:00 | | 2 points | EIA Short-Term Energy Outlook | ———- | ———- |
| 17:00 | | 3 points | 10-Year Note Auction | ———- | 4.435% |
| 17:00 | | 2 points | Atlanta Fed GDPNow (Q2) | 1.1% | 1.1% |
| 20:30 | | 2 points | API Weekly Crude Oil Stock | 0.700M | 3.760M |
| 21:00 | | 2 points | ECB Financial Stability Review | ———- | ———- |
| 23:00 |  | 2 points | RBNZ Gov Orr Speaks | ———- | ———- |
Summary of Upcoming Economic Events on May 6, 2025
Australia (🇦🇺)
- Building Approvals (MoM) (Mar) – 01:30 UTC
- Forecast: -1.7% | Previous: -0.3%
- Market Impact:
- A sharper decline could reflect weaker housing sector activity, possibly putting pressure on the AUD.
China (🇨🇳)
- Caixin Services PMI (Apr) – 01:45 UTC
- Forecast: 51.7 | Previous: 51.9
- Market Impact:
- Reflects private sector services activity. A drop below 50 would signal contraction and may affect regional sentiment.
Eurozone (🇪🇺)
- HCOB Composite and Services PMI (Apr) – 08:00 UTC
- Composite Forecast: 50.1 | Previous: 50.9
- Services Forecast: 49.7 | Previous: 51.0
- Market Impact:
- A dip in both indices into contraction territory may weigh on the euro and signal slower economic growth.
- ECB Financial Stability Review – 21:00 UTC
- Market Impact:
- Highlights systemic risks and could move markets if financial vulnerabilities are emphasized.
- Market Impact:
United States (🇺🇸)
- Trade Balance (Mar) – 12:30 UTC
- Forecast: -$124.70B | Previous: -$122.70B
- Market Impact:
- A widening deficit may reflect weaker net exports, slightly bearish for USD.
- EIA Short-Term Energy Outlook – 16:00 UTC
- Market Impact:
- Offers forecasts on oil supply/demand, key for crude prices and energy equities.
- Market Impact:
- 10-Year Note Auction – 17:00 UTC
- Previous Yield: 4.435%
- Market Impact:
- Investor demand here affects interest rate expectations and bond market stability.
- Atlanta Fed GDPNow (Q2) – 17:00 UTC
- Forecast: 1.1% | Previous: 1.1%
- Market Impact:
- A key real-time tracker of U.S. GDP, any upward or downward revision can impact rate outlook.
- API Weekly Crude Oil Stock – 20:30 UTC
- Forecast: 0.700M | Previous: 3.760M
- Market Impact:
- A larger-than-expected build would pressure oil prices, while a draw may support them.
New Zealand (🇳🇿)
- RBNZ Governor Orr Speaks – 23:00 UTC
- Market Impact:
- Watch for forward guidance or hints of monetary policy stance. Impact on NZD possible.
- Market Impact:
Market Impact Analysis
- EUR & AUD may react to PMI prints suggesting economic momentum (or lack thereof).
- USD and bond yields could be impacted by trade data, 10-year auction, and energy outlook.
- Crude oil markets watch both EIA and API data for supply signals.
- Asia-Pacific currencies (AUD, NZD) may face pressure if regional data or central bank tone turns dovish.
Overall Impact Score: 6/10
Key Focus: Eurozone PMIs, U.S. bond auction, and energy reports.
