May 02, 2025 a 07:00 pm
Todays Important Key Figures
Today's economic indicators reveal crucial insights for the global markets. With the release of Non-Farm Payrolls and several PMI indices, investors are closely analyzing the data to gauge future economic directions. Key focus remains on the labor market in the US and inflation figures in the EU, which could shape monetary policy decisions.
USD - United States Dollar 📊
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Non Farm Payrolls (Apr) | 2025-05-02 12:30:00 | 228 | 177 | 130 | -8 | High |
| Nonfarm Payrolls Private (Apr) | 2025-05-02 12:30:00 | 209 | 167 | 124 | -3 | High |
| Unemployment Rate (Apr) | 2025-05-02 12:30:00 | 7.9% | 7.8% | 8% | -0.1 | High |
- The Non-Farm Payroll figures exceeded estimates, although lower than the previous month, suggesting a gradual recovery in the labor market.
- The slight decrease in unemployment rate below expectations is positive, indicating potential wage growth opportunities.
- The overall impact on the USD could be stabilizing, potentially supporting a modest appreciation.
EUR - Euro 📊
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Inflation Rate YoY (Apr) | 2025-05-02 09:00:00 | 2.2% | 2.2% | 2.1% | N/A | High |
| CPI (Apr) | 2025-05-02 09:00:00 | 128.04 | 128.76 | 128.5 | 0.72 | High |
| Unemployment Rate (Mar) | 2025-05-02 09:00:00 | 6.1% | 6.2% | 6.1% | N/A | High |
| S&P Global Manufacturing PMI (Apr) - GR | 2025-05-02 08:00:00 | 55 | 53.2 | 54 | -1.8 | High |
- The stable inflation rate aligns with expectations, providing no immediate pressure on ECB policy changes.
- Rising CPI indicates price pressures which could be a concern if sustained at higher levels.
- Unemployment in key EU areas slightly increased, which can pose risks to consumption levels.
- The mixed PMI data shows divergence within the eurozone, impacting industrial output levels.
- The overall impact on the EUR may be neutral to slightly negative given unemployment concerns.
CHF - Swiss Franc 📊
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| procure.ch Manufacturing PMI (Apr) | 2025-05-02 07:30:00 | 48.9 | 45.8 | 48.6 | -3.1 | High |
| Retail Sales YoY (Mar) | 2025-05-02 06:30:00 | 1.6% | N/A | 1.7% | N/A | High |
- The drop in the Manufacturing PMI suggests contraction in Swiss industrial activities, which could pressure the overall economic growth.
- Retail sales data remains awaited; however, an anticipated rise provides some hope for consumer activity stabilization.
- The CHF might face downward pressure in the short term due to industrial weakness.
Conclusion ⚠️
Today's economic data presents a mixed picture for major currencies. The USD displays resilience, with labor market figures generally positive, supporting its strength. Meanwhile, the EUR faces potential headwinds from marginally rising unemployment and mixed industrial indicators. The CHF, impacted by declining manufacturing metrics, may encounter challenges in maintaining its strength. Overall, the results are supportive for the USD, while EUR and CHF may experience slight burdens unless future indicators suggest otherwise.