NAGA Markets draws traders’ attention to the key economic events this week from April 1st to 5th:
- US JOLTS vacancies (April 2, 17:00 GMT+2): Next up is the JOLTS Jobs Report in the US. This report is scheduled for April 2 at 17:00 GMT+2 and will give traders insight into the state of the labor market with a forecast of 8.410 million job openings. Higher job openings support confidence in the economy, stimulating consumer spending. Fewer vacancies could raise concerns and impact market sentiment.
- EU CPI and Core CPI m/m (April 3, 12:00 GMT+2): The monthly releases of the European CPI and Core CPI on April 3 at noon GMT are important indicators of inflation in the eurozone. These figures may impact the EUR/USD pair in light of expected ECB policy adjustments.
Learn how to trade currency pairs, commodities, stocks, and other popular assets with the Top trusted broker NAGA
- US PMI in the non-manufacturing sector from ISM (April 3, 17:00 GMT+2): Traders and investors are also awaiting the ISM Non-Manufacturing PMI on April 3 at 17:00 GMT+2. With a forecast of 51.7, this indicator could influence the SPX500 rally and overall market sentiment.
- US Nonfarm Payrolls (April 5, 15:30 GMT+2): On April 5 at 15:30 GMT+2 a report on employment in the non-agricultural sector (Nonfarm Payrolls) will be released, which will become a key indicator for the US economy. The forecast for 176,000 jobs, down from the previous 275,000, could weigh on assets including the Nasdaq, SPX500, Dow Jones, and the US dollar.
Follow market movements and start trading with NAGA Markets using our dedicated button to open an account.