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A world of Trading assets

2021/05/03 Market Chat

Authored by TD Markets
2 min

Last week lacked a lot of movement as most markets remained range bound to close out the month, with Unemployment figures pending the later part of the week out of the US we should be expecting the tone to be set for the month off the back of the expected figures. America is focusing a lot on job creation rather than inflation control as their driver for economic recovery, making the NFP and Average Hourly Earning figures more significant than usual.

Crypto Currencies saw the most movement out of the markets as Bitcoin and Ethereum were the biggest gainers of the week as both picked up from the previous week’s slump.

The CAD gained significantly last week as its impending unemployment data is set to be released alongside US unemployment figures. The USD also gathered traction Friday afternoon as made up ground on major currencies.

Monday (SAST)
All Day - Bank Holiday (JPY, CNY, GBP)
4:00pm - ISM Manufacturing PMI (USD)
8:20pm - Fed Chair Powell Speaks (USD)

Tuesday (SAST)
All Day - Banking Holiday (JPY & CNY)
6:30am - RBA Rate Statement (AUD)
11:00pm - RBNZ Financial Stability Report (NZD)

Wednesday (SAST)
All Day - Bank Holiday (JPY & CNY)
12:45am - Employment Change q/q (NZD)
12:45am - Unemployment Rate (NZD)
1:00am - RBNZ Gov Orr Speaks (NZD)
2:15pm - ADP Non-Farm Employment Change (USD)
4:00pm - ISM Services PMI (USD)
4:30pm - Crude Oil Inventories (USD)

Thursday (SAST)
12:30am - BOC Gov Macklem Speaks (CAD)
1:00pm - BOE Monetary Policy Report (GBP)
2:30pm - Unemployment Claims (USD)

Friday (SAST)
3:30am - RBA Monetary Policy Statement (AUD)
5:00am - Inflation Expectations q/q (NZD)
2:30pm - Employment Change (CAD)
2:30pm - Unemployment Rate (CAD)
2:30pm - Average Hourly Earnings m/m (USD)
2:30pm - Non-Farm Employment Change (USD)
2:30pm - Unemployment Rate (USD)

Authored by TD Markets
2 min
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