[Key Events and Data Preview This Week – US Non-Farm Payrolls, China Trade Balance; Trump Threatens to Raise EU Auto Tariffs]
1. Monday:
① Data: Final April Manufacturing PMIs for France, Germany, and the Eurozone; Eurozone May Sentix Investor Confidence Index; US March Factory Orders (MoM).
② Holidays: Markets closed in Japan, the UK, Hong Kong, and mainland China.
③ Trump threatens to impose a 25% tariff on EU autos this week.
2. Tuesday:
① Data: May RBA Interest Rate Decision; Swiss April CPI; US March Trade Balance, April S&P Global Services PMI, Composite PMI (final), ISM Non-Manufacturing PMI, March JOLTs Job Openings, and New Home Sales (Annualized).
② Events: Fed's Williams speaks; Bank of Canada Governor Macklem and Senior Deputy Governor Rogers attend parliamentary hearings; RBA releases interest rate decision and monetary policy statement, Governor Bullock holds press conference; Saudi Aramco releases official crude oil prices around the 5th of each month.
③ Holidays: Markets closed in South Korea, Japan, Hong Kong, and mainland China. ④ Earnings Reports: Pfizer, AMD.
3. Wednesday: ① Data: US API, EIA weekly crude oil report, April ADP; China April RatingDog Services PMI; UK, France, Germany, and Eurozone April Services PMI final readings; Eurozone March PPI. ② Events: US Federal Reserve's Mohammed Speaks on Economic Outlook and Monetary Policy; Central Bank to Conduct 300 Billion Yuan Three-Month Outright Reverse Repurchase Operation. ③ Holiday: Japanese Market Closed. ④ Earnings Reports: Walt Disney, ARM.
4. Thursday: ① Data: France March Trade Balance; Switzerland April Seasonally Adjusted Unemployment Rate; Eurozone March Retail Sales Month-on-Month; US April Challenger Job Cuts, Initial Jobless Claims, March Construction Spending Month-on-Month, EIA Natural Gas Storage, New York Fed 1-Year Inflation Expectations, China April Foreign Exchange Reserves. ② Events: Federal Reserve's Goolsby Participates in a Panel Discussion at a Conference. 5. Friday: ① Data: German March seasonally adjusted industrial production month-on-month, trade balance; Swiss April consumer confidence index; Canadian April employment change; US April non-farm payroll report; preliminary one-year inflation expectations, University of Michigan consumer sentiment index, March wholesale sales month-on-month. ② Events: Speeches by Fed's Hamak and Williams; a new round of domestic refined oil price adjustments will begin.
6. Saturday: ① Data: US weekly oil rig count report, China's April trade balance. ② Events: Fed's Goolsby and Daly participate in a panel discussion at the Hoover Institution's 2026 monetary policy conference; Putin will deliver an important speech at the Victory Day parade.
