Author: Tooba Jamal

This week’s economic calendar unfolds with a somewhat subdued tone compared to the previous week’s bustling schedule, marked by significant events like the Federal Reserve meeting and the April jobs report. Nonetheless, key highlights are in store, notably with earnings reports from industry giants such as Walt Disney and Warner Bros. Discovery, spotlighting their streaming service performance.

Additionally, Federal Reserve officials will provide valuable assessments on economic conditions through various speaking engagements, while updates on consumer sentiment and lending standards are also slated, adding depth to the economic landscape.

This week, all eyes were focused on the Federal Reserve’s decision, as well as some earnings reports. While some outcomes were expected, markets still reacted quite actively. Curious to know more about how exactly?

Dive into our weekly analysis to stay updated on all the key developments you shouldn’t miss!

Investors are gearing up for a pivotal week as May begins. The Federal Reserve’s policy meeting takes center stage on Tuesday and Wednesday. Though the central bank is expected to maintain its current interest rate policy, market participants will be closely analyzing Chair Jerome Powell’s statements for hints about the timing of potential future rate cuts.

The week will wrap up with intense focus on the April US employment report.  On either side of the rate decision will be Big Tech earnings, with Amazon ($AMZN) releasing its quarterly financials on Tuesday and Apple ($AAPL) following on Thursday.

As the week wraps up, markets grapple with mixed signals.

Expectations for a Federal Reserve rate cut are pushed back following a spike in inflation. Alphabet Inc. reports soaring earnings, propelling its market valuation past $2 trillion. Oil prices could surpass $100 per barrel if Middle East tensions worsen. Meanwhile, the Japanese yen weakens as the Bank of Japan maintains rates amidst slowing inflation.

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XAGUSD 30-Min Timeframe, 25 April 2024 

Get ready for an action-packed week ahead as a flurry of key economic indicators are set to be released, potentially impacting global markets and investor sentiment.

Keep a close eye on these important releases, including the S&P Global Composite PMI, US Core Durable Goods Orders, US Q/Q GDP, the BoJ Interest Rate Decision, and the US Core PCE Price Index.

XAGUSD 4-Hour Timeframe, 18 April 2024

XAGUSD on the 4-hour timeframe had been moving in a range until a breakout occurred on the 4th of March. Since then, the bulls have been unstoppable, pushing prices to highs last seen in 2020 and 2021.

Stock markets ended a tumultuous week with a decline on Friday, dragged down by disappointing earnings from major US banks, escalating geopolitical tensions, and persistent worries about the Federal Reserve’s monetary policy direction.

In the coming week, investors will be keenly focused on new economic reports, such as retail sales and industrial production, to gather more insights that might influence the Federal Reserve’s policy decisions.

This week in the markets, we’ve seen a whirlwind of activity that’s sure to catch the attention of traders and investors alike. From a significant drop in the Dow to unexpected movements in the tech sector, and even a surge in oil prices amidst Middle East tensions, the landscape is brimming with developments that could have long-lasting impacts. Not to mention, the forex markets are reacting to key comments from the US Federal Reserve, signaling potentially pivotal shifts.

Dive into our latest roundup to get the full scoop on these pivotal market movements and what they could mean for your portfolio!