Top Economic Events and Market Trends for This Week:
As the new trading week unfolds, global markets are bracing for critical economic reports
that could significantly influence currencies, stock indices, and cryptocurrencies.
Major economies, led by the United States and the Eurozone, are set to release pivotal data,
Including inflation figures, GDP growth rates, and labor market updates.
Additionally, traders are closely awaiting the Bank of Japan’s highly anticipated interest rate decision.

On the technical front, essential signals are forming for major currency pairs such as USD/JPY and GBP/USD,
alongside strong movements in Bitcoin and the Nasdaq Index, creating new potential trading opportunities.

Will the current wave of optimism continue to fuel market momentum?
This report covers the most important economic events and technical outlooks to watch this week,
helping traders stay ahead in a rapidly moving market.

Content

Economic Reports

USDJPY

GBPUSD

Bitcoin

Nasdaq Index

Economic Reports

Monday, April 28, 2025

17:30 USA
Dallas Fed Manufacturing Business Index (April)

Tuesday, April 29, 2025

17:00 USA
CB Consumer Confidence Index (April)

17:00 USA
Job Openings and Labor Turnover Survey (JOLTS) (March)

Wednesday, April 30, 2025

11:00 Eurozone
Consumer Price Index (YoY) (April)

12:00 Eurozone
Gross Domestic Product (YoY) (Q1)

15:15 USA
ADP Nonfarm Employment Change (April)

15:30 USA
Gross Domestic Product (Quarterly) (Q1)

17:00 USA
Core Personal Consumption Expenditures (PCE) Price Index (YoY) (March)

17:00 USA
Core PCE Price Index (MoM) (March)

Thursday, May 1, 2025

06:00 Japan
Bank of Japan Interest Rate Decision

17:00 USA
ISM Manufacturing PMI (April)

Friday, May 2, 2025

12:00 Eurozone
Consumer Price Index (YoY) (April)

15:30 USA
Average Hourly Earnings (MoM) (April)

15:30 USA
Nonfarm Payrolls Report (April)

15:30 USA
Unemployment Rate (April)

USDJPY Pair

The USD/JPY pair experienced some gains by the end of last week’s trading,

as market calmness grew amid expectations of reaching new trade agreements regarding tariffs,
Reducing demand for the Japanese yen is traditionally considered a major safe-haven asset.
The pair is trading around 143.63 after rebounding from the demand zone near 140.00,
suggesting the potential for continued upward movement targeting 145.00 and 147.50 in the medium term.

GBPUSD Pair

The GBP/USD pair is trading around 1.3304 after pulling back from the resistance zone at 1.3433.
This follows the recovery of the US dollar at the end of last week.
This setup supports the downward movement toward the role-reversal zone at 1.3048,
where a renewed upward trend may emerge.

Bitcoin

Bitcoin resumed its upward trend during last week’s trading sessions.
It was driven by growing market optimism.
The US president showed more openness to resolving tariff issues and retreated
from threats to dismiss Federal Reserve Chairman Jerome Powell, positively impacting the crypto market.
Bitcoin surged to around 94,300, approaching the absorption of the previous bearish wave.
If it stabilizes above 95,200, the upward move could continue,
targeting the psychological resistance level around 100,000.

Nasdaq Index

The Nasdaq Index posted a solid gain of over 1% by the end of last week’s trading,
recovering part of the losses suffered in recent weeks.
The upward trend will continue if positive news regarding tariff resolutions persists.
The index closed around 19,432, and provided it remains stable above 19,248, it is projected to continue rising toward 20,288.

Top Economic Events and Market Trends for This Week

Top Economic Events and Market Trends for This Week

Related Topics