Upcoming Week's Macro Outlook: Central Bank Actions and Gold Market Volatility

PANews posted on X (formerly Twitter). The upcoming week is set to be significant for global markets, with a focus on central bank activities and potential volatility in the gold market amid ongoing U.S.-Iran tensions. On Monday at 22:30, the U.S. Dallas Fed Business Activity Index for April will be released. Tuesday will see the release of the ADP employment change data for the week ending April 11 at 20:15, followed by the U.S. Conference Board Consumer Confidence Index and the Richmond Fed Manufacturing Index for April at 22:00. Wednesday's schedule includes the API crude oil inventory data for the week ending April 24 at 04:30. Later, at 22:30, the EIA will release its crude oil inventory data, including figures for Oklahoma's Cushing and the Strategic Petroleum Reserve. Thursday is particularly noteworthy as the Federal Reserve's FOMC will announce its interest rate decision at 02:00, followed by a monetary policy press conference by Fed Chair Jerome Powell at 02:30. Additional data releases include initial jobless claims for the week ending April 26, March's PCE Price Index, personal spending rates, the first quarter's Employment Cost Index, real GDP annualized growth rate, real personal consumption expenditures, and the core PCE Price Index annualized rate. On Friday, the final April S&P Global Manufacturing PMI will be published at 21:45. Some market analysts speculate that Powell's press conference on Thursday might be his last, potentially marking the end of regular Q&A sessions between the Fed's top officials and the press.