What’s moving the markets this week?

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This week is packed with key events, data releases and earnings reports that will affect the markets. Below you can find a list of what you should be keeping an eye on this week.


Monday 29/4: Trade Talks Will Keep the USD in Focus

On Monday Negotiators led by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing as both sides seek to have a trade agreement signed in the coming weeks. Despite market confidence that a deal will be achieved, economists continue to count the damage that has already been inflicted on global trade by the stand-off.


Tuesday 30/4: Germany’s Unemployment Figures to Affect the EUR/USD

On Tuesday, EUR pairs will remain in focus as Germany releases its latest Unemployment figures for April at 7:55 GMT. CAD pairs will also experience some volatility on the release of Canadian GDP data (Feb) at 12:30 GMT, while later in the early afternoon investors will focus on the US CB Consumer Confidence (Apr) and Pending Home Sales (Mar) at 14:00 GMT.


Wednesday 1/5: Fed Interest Rate Decision to Keep the Dollar Volatile

EU Markets will remain closed for Labour Day on Wednesday while investors will focus on the ADP Nonfarm Employment Change (Apr) at 12:15 GMT for preliminary clues on how well the NFP report will fare on Friday. USD pairs will remain highly volatile as investors focus on the latest Federal Reserve Decision at 18:00 GMT.


Thursday 2/5 BoE Meeting to Affect GBP Pairs

Traders will focus on the latest German Manufacturing PMI (Apr) in early Thursday trading. Markets will also be looking at the latest BoE Interest Rate Decision at 11:00 GMT and its effect on the sterling.  


Friday 3/5 NFP Report is Expected to Come in Weaker

On Friday, UK Services PMI data (Apr) will keep GBP pairs volatile at 8:30 GMT while EUR pairs will be affected by the latest CPI (Apr) data at 9:00 GMT. Investors will mostly focus on the latest Nonfarm Payroll and Unemployment Rate data (Apr) out of the US at 12:30 followed by the ISM Non-Manufacturing PMI at 14:00 GMT. April’s NFP data are expected to come in slightly weaker at 180K versus March’s 196K figure. A weaker than expected NFP will likely cause the USD to depreciate.*


BDSwiss’ professional traders and leading market analysts will be hosting a series of free live webinars on key market events and place their trades in real time:

Join our free live BoE webinar on Thursday May 2nd at 10:45 GMT. Register here Join our free live NFP webinar on Friday May 3rd at 12:15 GMT. Register here


Important Upcoming Earnings Reports

Name Symbol Next Earnings Date
BBVA BBVA Apr 29, 2019  
Koninklijke Philips ADR PHG Apr 29, 2019  
Alphabet C GOOG Apr 29, 2019  
MGM MGM Apr 29, 2019  
Santander ADR SAN Apr 30, 2019  
Pfizer PFE Apr 30, 2019  
General Electric GE Apr 30, 2019  
McDonald’s MCD Apr 30, 2019  
Apple AAPL Apr 30, 2019  
Merck&Co MRK Apr 30, 2019  
Next NXT May 01, 2019  
J Sainsbury SBRY May 01, 2019  
BP ADR BP May 01, 2019  
CME Group CME May 01, 2019  
GlaxoSmithKline ADR GSK May 01, 2019  
DuPont DWDP May 02, 2019  
Royal Dutch Shell ADR RDSa May 02, 2019  
Volkswagen ST VOWG May 02, 2019  
Fresenius ST FMEG May 02, 2019  
Hugo Boss AG BOSSn May 02, 2019  
BNP Paribas BNPP May 02, 2019  
Expedia EXPE May 02, 2019  
Avon Products AVP May 02, 2019  
Adidas ADSGN May 03, 2019  
Societe Generale SOGN May 03, 2019  
Air France KLM AIRF May 03, 2019
HSBC HSBA May 03, 2019


You can find and trade all of the above mentioned CFD assets on BDSwiss Forex/CFD platforms.

*Sources: Investing, April 24, 5:00 PM GMT

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