FXTS Weekly Market Preview: 5th-9th May 2025

Welcome back to our latest Weekly Market Preview of the week ahead. Once again, we will be looking into the biggest economic releases and company earnings reports expected over the coming days. Last week, Big Tech firms Meta, Microsoft, Amazon and Apple all reported better-than-expected Q1 results. Now attention turns to quarterly figures from the likes of Palantir, AMD, Arm and Embridge. Read on for all the details.  

Economic Highlights

In the US, the main focus will be on the Federal Reserve’s (Fed) May policy meeting. Despite ongoing concerns around economic growth, Fed officials are not expected to adjust interest rates. Elsewhere, the ISM Services PMI will provide a fresh update on business conditions, following recent signs of weakness in the manufacturing sector. Over the border, Canada’s trade and employment data will be in the spotlight, especially after April’s PMI indicated a sharp decline in orders and continued job losses.

Moving on to Europe and unlike the Fed, the Bank of England is expected to cut rates by 25 basis points at this week’s meeting. With the UK economy continuing to struggle with higher trade costs and signs of slower output, policymakers will be looking to support growth and prevent any further slowdowns. Meanwhile, UK industrial production and Germany’s factory orders and trade figures will be watched for the latest signs of growth in the sector.

Across the Asia-Pacific (APAC) region, China publishes its April trade and inflation data, offering a clearer picture of how the economy is handling recent external pressures. New Zealand’s Q1 employment report is also due for release, with market watchers on the lookout for signs of labour market resilience. Lastly, GDP and inflation figures from Indonesia and the Philippines round off a busy week for the wider APAC region.

Monday 28th April

Earnings

• Palantir Technologies, Inc. (PLTR) – Q1 2025
• Vertex Pharmaceuticals Incorporated (VRTX) – Q1 2025
• Ford Motor Company (F) – Q1 2025

Releases

• Indonesia (GDP, Q1)
• Singapore (Retail Sales, March)
• Switzerland (Inflation, April)
• Turkey (Inflation, April)
• United States (ISM Services PMI, April)
• Worldwide (Services, Composite PMIs, including global PMI)

Tuesday 29th April

Earnings

• Advanced Micro Devices, Inc (AMD) – Q1 2025
• Ferrari N.V. (RACE) – Q1 2025
• Electronic Arts, Inc. (EA) – Q4 2024

Releases

• Australia (Building Permits, March prelim)
• Canada (Trade, March)
• France (Industrial Production, March)
• Philippines (Inflation, April)
• Spain (Unemployment Change, April)
• Switzerland (Unemployment Rate, April)
• United States (Trade, March)
• Worldwide (Services, Composite PMIs, including global PMI)

Wednesday 30th April

Earnings

• Novo Nordisk A/S (NVO) – Q1 2025
• Uber Technologies, Inc. (UBER) – Q1 2025
• Arm Holdings plc (ARM) – Q4 2025
• The Walt Disney Company (DIS) – Q2 2025

Releases

• Brazil (BCB Interest Rate Decision)
• Brazil (Industrial Production, March)
• Eurozone (Retail Sales, March)
• Eurozone (S&P Global Construction PMI, April)
• France (Trade, March)
• Germany (Factory Orders, March)
• Italy (Retail Sales, March)
• Japan (au Jibun Bank Services PMI, April)
• New Zealand (Unemployment Rate, Q1)
• Philippines (Unemployment Rate, March)
• Taiwan (Inflation Rate, April)
• United Kingdom (S&P Global Construction PMI, April)
• United States (FOMC Interest Rate Decision)

Thursday 1st May

Earnings

• Shopify, Inc. (SHOP) – Q1 2025

Releases

• Germany (Trade, March)
• Japan (BoJ Meeting Minutes)
• Malaysia (BNM Interest Rate Decision)
• Malaysia (Industrial Production, March)
• Mexico (Inflation, April)
• Philippines (GDP, Q1)
• Taiwan (Trade, April)
• United Kingdom (BoE Interest Rate Decision)
• United Kingdom (Halifax House Price Index, April)

Friday 2nd May

Earnings

• Enbridge, Inc. (ENB) – Q1 2025
• Honda Motor Company, Ltd. (HMC) – Q4 2025

Releases

• Brazil (Inflation, April)
• Canada (Unemployment Rate, April)
• China (Mainland) (New Yuan Loans, M2, Loan Growth, April)
• China (Mainland) (Trade, April)
• Italy (Industrial Production, March)
• Japan (Household Spending, March)
• Mexico (Consumer Confidence, April)
• Turkey (Industrial Production, March)
• United Kingdom (Industrial Production, March)

Remember to bookmark FXTrustScore.com to ensure easy access to the latest Weekly Market Preview as soon as it is published on Monday morning. Also, head over to our Economic Calendar for a handy breakdown of the releases due this week.