April 22, 2025 a 07:00 pm
📊 Today's Important Key Figures
Today's economic docket features high-impact data releases focusing on the Australian Dollar, with key PMI data set to influence market dynamics. Additionally, the Euro may see volatility as ECB speeches can affect investor sentiment. Markets remain cautious as they anticipate future trends based on these numbers.
💵 Australian Dollar (AUD)
| Event | Date (NY) | Previous | Actual | Estimate | Impact |
|---|---|---|---|---|---|
| Services PMI (Apr) | 2025-04-22 23:00:00 | 51.6 | N/A | 50.1 | High |
| Manufacturing PMI (Apr) | 2025-04-22 23:00:00 | 52.1 | N/A | 49 | High |
🗣️ The anticipated declines in both Services and Manufacturing PMIs suggest potential weakness in Australia's economic activity, which may increase bearish pressure on the AUD. The lack of actual figures injects uncertainty but anticipations align with a softening economic environment.
💶 Euro (EUR)
| Event | Date (NY) | Previous | Actual | Estimate | Impact |
|---|---|---|---|---|---|
| ECB Guindos Speech | 2025-04-22 17:00:00 | N/A | N/A | N/A | High |
🗣️ With no previous or estimated values to guide expectations, the market will focus on the tone and content of ECB Vice President Guindos' speech. Any hints towards monetary policy changes or economic outlooks could prompt variability in the EUR.
🔚 Conclusion
✅ The data releases carry significant weight due to their high impact. For the AUD, the expected downward trajectory in PMI figures is likely to be burdensome, suggesting potential weakness ahead. Meanwhile, the EUR depends on the rhetoric from the ECB, which could either support or apply pressure on the currency depending on the policy outlook. As such, current indicators seem more burdensome than supportive for the AUD, while the EUR's outcome hinges on the ECB's communication.