Upcoming economic events 9 May 2025

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
03:00		2 points	Exports (YoY) (Apr)	1.9%	12.4%
03:00		2 points	Imports (YoY) (Apr)	-5.9%	-4.3%
03:00		2 points	Trade Balance (USD) (Apr)	97.00B	102.64B
09:00		2 points	New Loans (Apr)	———-	3,640.0B
10:15		2 points	FOMC Member Williams Speaks	———-	———-
10:45		2 points	Fed Vice Chair for Supervision Barr Speaks	———-	———-
15:30		2 points	Fed Waller Speaks	———-	———-
15:30		2 points	FOMC Member Williams Speaks	———-	———-
17:00		2 points	U.S. Baker Hughes Oil Rig Count	———-	479
17:00		2 points	U.S. Baker Hughes Total Rig Count	———-	584
19:30		2 points	CFTC Crude Oil speculative net positions	———-	177.2K
19:30		2 points	CFTC Gold speculative net positions	———-	163.3K
19:30		2 points	CFTC Nasdaq 100 speculative net positions	———-	30.9K
19:30		2 points	CFTC S&P 500 speculative net positions	———-	-78.7K
19:30		2 points	CFTC AUD speculative net positions	———-	-49.9K
19:30		2 points	CFTC JPY speculative net positions	———-	179.2K
19:30		2 points	CFTC EUR speculative net positions	———-	75.8K
23:45		2 points	ECB’s Schnabel Speaks	———-	———-

Summary of Upcoming Economic Events on May 9, 2025

China (🇨🇳)

1. Exports (YoY) (Apr) – 03:00 UTC
   • Forecast: 1.9% | Previous: 12.4%
   • Market Impact:
     • A sharp slowdown could reflect weakening global demand, pressuring risk assets and commodities.
2. Imports (YoY) (Apr) – 03:00 UTC
   • Forecast: -5.9% | Previous: -4.3%
   • Market Impact:
     • Further contraction signals domestic demand weakness, weighing on Asia-Pacific currencies.
3. Trade Balance (USD) (Apr) – 03:00 UTC
   • Forecast: $97.00B | Previous: $102.64B
   • Market Impact:
     • A narrowing surplus may suggest weaker export competitiveness or stronger import recovery.
4. New Loans (Apr) – 09:00 UTC
   • Previous: ¥3,640.0B
   • Market Impact:
     • High lending signals policy support, boosting Chinese equities and EM sentiment.

United States (🇺🇸)

5. FOMC Member Williams Speaks – 10:15 & 15:30 UTC
   • Market Impact:
     • Repeated appearances may hint at policy shift or reinforce rate stance; markets will watch for hawkish/dovish tone.
6. Fed Vice Chair for Supervision Barr Speaks – 10:45 UTC
   • Market Impact:
     • May discuss banking regulation or financial stability, impacting financial sector stocks.
7. Fed Waller Speaks – 15:30 UTC
   • Market Impact:
     • Often market-moving if touching on inflation or rate trajectory.
8. U.S. Baker Hughes Oil & Total Rig Counts – 17:00 UTC
   • Previous Oil: 479 | Previous Total: 584
   • Market Impact:
     • Lower counts may support crude prices by hinting at lower future supply.
9. CFTC Speculative Net Positions (19:30 UTC)
   • Crude Oil: 177.2K
   • Gold: 163.3K
   • Nasdaq 100: 30.9K
   • S&P 500: -78.7K
   • AUD: -49.9K
   • JPY: 179.2K
   • EUR: 75.8K
   • Market Impact:
     • These highlight investor sentiment across key assets. Large net positions may precede volatility or trend reversals.

Eurozone (🇪🇺)

10. ECB’s Schnabel Speaks – 23:45 UTC

• Market Impact:
  • Potential insights into ECB policy outlook ahead of June decisions; may affect EUR.

Market Impact Analysis

• USD & Rates: Fed speakers could shape rate expectations, especially with mixed labor data earlier in the week.
• Commodities & Oil: Chinese trade data and rig count may shift oil and industrial metals sentiment.
• Risk Sentiment: CFTC data and China’s loan figures can signal shifts in positioning or liquidity.

Overall Impact Score: 6/10

Key Focus: Fed communication and Chinese trade dynamics.