US Non-Farm Payrolls and Bank of Japan's decision.
⏰ Timing: All times are in Saudi Arabia time.
✅ Review of last week
• International Monetary Fund: Warned that the trade war could lead to a slowdown in global economic growth this year.
• Federal Reserve's Beige Book: Showed slight change in economic activity amid ongoing trade concerns.
• Initial Jobless Claims: Reached 222,000 claims for the week ending April 19, in line with expectations.
• Consumer Confidence Index: Recorded 52.2 for April, the lowest level since July 2022.
• Annual inflation forecast: Stood at 6.5%, lower than the expected 6.8%.
✅ Key events and indicators for this week
• April 30
• 09:30: Official Manufacturing Purchasing Managers' Index in China for April
• 20:15: ADP Employment Change Index in the United States
• 20:30: Real GDP growth rate in the United States for the first quarter
• 22:00: Core Personal Consumption Expenditures Price Index in the United States for March
• May 1
• 22:00: Bank of Japan's announcement on interest rate decision and economic outlook report
• 20:30: Unemployment rate in the United States for April
• 20:30: Seasonally adjusted non-farm jobs in the United States for April.
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