Upcoming Key Economic Events & Market Impact – April 1st to April 4th
Tuesday, April 1st
🔹 7:00 PM – ISM Manufacturing PMI
Forecast: 49.5|Previous: 50.3
Market Impact:If the data is weaker than expected, USD may weaken, and safe-haven assets like gold and Bitcoin could see buying interest.
🔹 JOLTS Job Openings
Forecast: 7.69M | Previous: 7.74M
Market Impact: A decline in job openings may signal economic slowdown, negatively affecting USD and stocks but supporting crypto and gold.
Wednesday, April 2nd
🔹 5:15 PM – ADP Non-Farm Employment Change
Forecast: 118K | Previous: 77K
Market Impact: A strong reading could push USD higher and pressure crypto, while a weak number may boost Bitcoin and risk assets.
Thursday, April 3rd
🔹 5:30 PM – Unemployment Claims
Forecast: 225K | Previous: 224K
Market Impact: Higher claims suggest a weakening job market, which could support crypto and gold while putting pressure on stocks and USD.
🔹 7:00 PM – ISM Services PMI
Forecast: 53.0 | Previous: 53.5
Market Impact: A strong reading favors USD and stocks, while a weaker number could fuel demand for Bitcoin and other risk-off assets.
Friday, April 4th
🔹 5:30 PM – Average Hourly Earnings (m/m)
Forecast: 0.3% | Previous: 0.3%
Market Impact: Rising wages can lead to inflation fears, strengthening USD and hurting crypto. A lower reading may weaken USD.
🔹 Non-Farm Employment Change
Forecast: 137K | Previous: 151K
Market Impact: A strong report boosts USD and stocks, while a weak number could support Bitcoin and gold.
🔹 Unemployment Rate
Forecast: 4.1% | Previous: 4.1%
Market Impact: Any unexpected change here can drive volatility in all markets.
🔹 8:25 PM – Fed Chair Powell Speaks
Market Impact: If Powell hints at more rate hikes, USD will strengthen, and crypto may dip. If he suggests easing, risk assets like Bitcoin and stocks could rally.
These events can significantly influence financial markets.