As we approach the week of March 30 to April 5, 2025, here are the highlights for several high-impact economic events that traders should monitor closely. These events, are anticipated to significantly influence the forex markets. Here’s an overview of the key releases:
Sunday, March 30, 2025
- Japan: Preliminary Industrial Production m/m (5:50 AM EST)
- Previous: -1.1%
- Forecast: 1.9%
- Impact: An improvement may strengthen the Japanese yen due to increased manufacturing activity.
China: Manufacturing PMI (7:30 AM EST)
- Previous: 50.2
- Forecast: 50.4
- Impact: Numbers above 50 indicate growth, potentially supporting commodity-linked currencies and the yuan.
Monday, March 31, 2025
- Eurozone: German Preliminary CPI m/m (All Day)
- Previous: 0.4%
- Forecast: 0.3%
- Impact: Influential for ECB policy decisions, affecting euro valuations.
United States: Chicago PMI (9:45 AM EST)
- Previous: 45.5
- Forecast: 45.5
- Impact: A PMI below 50 signals contraction and can impact USD negatively.
Australia: Retail Sales m/m (4:30 PM EST)
- Previous: 0.3%
- Forecast: 0.3%
- Impact: Stable consumer spending typically supports the Australian dollar.
Australia: RBA Cash Rate & Rate Statement (7:30 PM EST)
- Previous: 4.10%
- Forecast: 4.10%
- Impact: Critical for AUD volatility as traders interpret monetary policy direction.
Wednesday, April 2, 2025
- United States: ADP Non-Farm Employment Change (8:15 AM EST)
- Previous: 242K
- Forecast: 220K
- Impact: A precursor to the official employment data influencing USD sentiment.
United States: ISM Manufacturing PMI (10:00 AM EST)
- Previous: 50.3
- Forecast: 50.6
- Impact: Expansion above 50 can strengthen USD.
Thursday, April 3, 2025
- Eurozone: ECB Monetary Policy Meeting Accounts (1:30 AM EST)
- Impact: Insights on ECB policy could influence euro movements.
- United States: Unemployment Claims (8:30 AM EST)
- Previous: 242K
- Forecast: 222K
- Impact: Indicates labor market health, affecting USD strength.
Friday, April 4, 2025
- United States: Non-Farm Employment Change (8:30 AM EST)
- Previous: 242K
- Forecast: 220K
- Impact: Key employment indicator; significant deviations can create volatility in USD.
United States: Unemployment Rate (8:30 AM EST)
- Previous: 3.8%
- Forecast: 3.7%
- Impact: Influential for USD valuation, reflecting overall economic health.
Happy Trading,
Takezo Trading