Jeremy Oles
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| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 01:30 |  | 2 points | Building Approvals (MoM) (Feb) | -0.3% | 6.9% |
| 02:00 |  | 3 points | RBNZ Interest Rate Decision | 3.50% | 3.75% |
| 02:00 | | 2 points | RBNZ Rate Statement | ———- | ———- |
| 14:30 |  | 3 points | Crude Oil Inventories | ———- | 6.165M |
| 14:30 | | 2 points | Cushing Crude Oil Inventories | ———- | 2.373M |
| 17:00 | | 3 points | 10-Year Note Auction | ———- | 4.310% |
| 18:00 | | 3 points | FOMC Meeting Minutes | ———- | ———- |
Summary of Upcoming Economic Events on April 9, 2025
Australia (🇦🇺)
- Building Approvals (MoM) (Feb) – 01:30 UTC
- Forecast: -0.3% | Previous: 6.9%
- Market Impact:
- A drop in building approvals may reflect slowing housing activity, potentially weakening AUD sentiment.
- Stronger-than-expected data would indicate resilience in construction and could support the AUD.
New Zealand (🇳🇿)
- RBNZ Interest Rate Decision – 02:00 UTC
- Forecast: 3.50% | Previous: 3.75%
- Market Impact:
- A rate cut would signal a more dovish stance, likely weakening the NZD.
- Holding steady at 3.75% or signaling future hikes may support the NZD.
- RBNZ Rate Statement – 02:00 UTC
- Market Impact:
- Will offer insights into monetary policy direction, inflation expectations, and economic outlook.
- Market Impact:
United States (🇺🇸)
- Crude Oil Inventories – 14:30 UTC
- Previous: 6.165M
- Market Impact:
- A large build may pressure oil prices, while a drawdown would likely boost crude prices.
- Cushing Crude Oil Inventories – 14:30 UTC
- Previous: 2.373M
- Market Impact:
- Focuses on the main U.S. oil storage hub, with similar implications as overall stockpiles.
- 10-Year Note Auction – 17:00 UTC
- Previous Yield: 4.310%
- Market Impact:
- Strong demand may lower yields, supporting equities and weighing on the USD.
- Weak demand may lift yields, strengthening the USD.
- FOMC Meeting Minutes – 18:00 UTC
- Market Impact:
- Will reveal the Fed’s internal policy discussions and views on inflation and rate trajectories.
- A hawkish tone could boost bond yields and the USD, while a dovish tone may lift risk assets.
- Market Impact:
Market Impact Analysis
- AUD: Vulnerable to construction data amid broader rate expectations.
- NZD: All eyes on RBNZ decision; dovish moves could pressure the kiwi.
- USD: Oil inventories, bond auctions, and FOMC minutes provide a high-impact trifecta for market sentiment.
- Oil: Inventory shifts may dictate short-term price action.
Overall Impact Score: 6/10
Key Focus: RBNZ policy, FOMC tone, and U.S. crude oil inventory trends.
