#TrumpTaxCuts

✅ Weekly Macroeconomic Analyses: U.S. Non-Farm Payrolls and Bank of Japan 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 Beige Book: Showed a slight change in economic activity amid ongoing trade worries.

• 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: Reached 6.5%, lower than the expected 6.8%.

✅ Key Events and Indicators This Week

• April 30

  • 09:30: Official Manufacturing Purchasing Managers' Index for China for April

  • 20:15: ADP Employment Change Index for the United States

  • 20:30: Real Annual GDP for the United States for Q1

  • 22:00: Core Personal Consumption Expenditures Price Index for the United States for March

• May 1

  • 22:00: Bank of Japan's Announcement on Interest Rates and Economic Outlook Report

  • 20:30: U.S. Unemployment Rate for April

  • 20:30: Seasonally Adjusted Non-Farm Payrolls in the United States for April.