- Social Hub
- Offering
- Resources
- Company
- Partnerships
- Home
- Markets Updates
- Top Economic Events to Watch | April 28 - May 2, 2025
This week could be a turning point for global markets. Three key U.S. economic reports are set to drop — and each one could shift stocks, bonds, currencies, and commodities in a big way.
If you trade or invest, these are the events you need to watch:
US Non-Farm Payrolls (NFP) — May 2
What it is:
The Non-Farm Payrolls report shows how many jobs were added or lost in the U.S. economy over the past month, excluding farm workers and a few other categories.
Why it matters:
This is the most important jobs report globally. Strong job growth signals a strong economy, but could delay any interest rate cuts from the Federal Reserve. Weak numbers raise recession risks and could push the Fed to act sooner.
Markets it moves:
Currencies: The U.S. dollar reacts strongly.
Stocks: Positive surprise can lift markets — unless it raises rate fears.
Bonds: Yields move sharply based on the job numbers.
Commodities: Gold and oil react through changes in the dollar and growth expectations.
US GDP Growth (Q1) — April 30
What it is:
Gross Domestic Product (GDP) measures how fast the U.S. economy is growing. It reflects total economic output over the last quarter.
Why it matters:
GDP growth confirms whether the economy is expanding or slowing down. Stronger growth reduces recession fears. Weak GDP fuels talk of cuts and stimulus.
Markets it moves:
Stocks: Strong GDP supports risk appetite.
Bonds: Strong growth can drive yields higher.
Currencies: A strong reading strengthens the dollar.
Commodities: Growth boosts demand for energy and metals.
US Core PCE Price Index (YoY) — April 30
What it is:
Core PCE is the Federal Reserve’s preferred inflation measure. It tracks how much prices are rising for goods and services, excluding food and energy.
Why it matters:
Inflation directly impacts Fed policy. High inflation could force rates to stay higher for longer. Cooling inflation could open the door for rate cuts, which markets are watching closely.
Markets it moves:
Bonds: Inflation data moves yields.
Stocks: Lower inflation is good news for equities, especially tech.
Currencies: Affects dollar strength.
Gold: Gold benefits if inflation falls and rate cuts are expected.
Why These Three Reports Matter
Non-Farm Payrolls, GDP, and Core PCE are not just numbers — they set the tone for interest rates, investor sentiment, and market direction globally.
In short:
Jobs = Strength of the economy
GDP = Speed of economic growth
PCE = Inflation and Fed policy outlook
Big data is about to hit, and the market won't wait. Stay alert, plan your trades, and be ready to act fast when momentum shifts. This is a week to trade with precision.
IMPORTANT NOTICE: Any news, opinions, research, analyses, prices or other information contained in this article are provided as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and therefore, it is not subject to any prohibition on dealing ahead of dissemination. Past performance is not an indication of possible future performance. Any action you take upon the information in this article is strictly at your own risk, and we will not be liable for any losses and damages in connection with the use of this article.
RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail client investors lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Related articles
NAGA Weekly Recap May 12 - 16, 2025
16 May 2025
Explore this week’s market action — tech rallies, gold pulls back, and the dollar faces uncertainty. Get the latest insights to trade smarter with NAGA.
Read more
Gladys Eguia
Need Help? Visit our Help Section
Download NAGA Trader
Markets
Platforms
Pricing & Terms
Company
Documentation
Partnerships
Help & Support
Social Hub
Free Education
News & Analysis
Download NAGA Trader
Copyright © 2024 – All rights reserved.
NAGA is a trademark of The NAGA Group AG, a German based FinTech company publicly listed on the Frankfurt Stock Exchange | WKN: A161NR | ISIN: DE000A161NR7.
The website is operated by NAGA Capital Ltd which is authorised and regulated by the Financial Services Authority Seychelles (FSA) under licence No. SD026. The registered address of Suite 3, Jivan’s Complex, Global Village, Mont Fleuri, Mahe, Seychelles. Tel: +248 4373121
Partner Companies: NAGA Markets Europe Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission ("CySEC") under license No. 204/13 with registered address at Agias Zonis 11, Limassol, 3027, Cyprus and NAGA Global (CY) Ltd, with registered address at Nikokreontos 2, NICE DREAM, 6th floor, Flat/Office 601, 1066, Nicosia, Cyprus.
RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. This is not investment advice. Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the Lead Traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.
Restricted countries: NAGA Capital Ltd does not provide services for the residents of certain countries, such as Afghanistan, Albania, American Samoa, Anguilla, Australia, Austria, Barbados, Belarus, Belgium, Bermuda, British Indian Ocean Territory, Bulgaria, Burkina Faso, Canada, Cayman Islands, Central African Republic, Christmas Island, Cocos (Keeling) Islands, The Democratic Republic of the Congo, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Falkland Islands (Malvinas), Finland, France, Germany, Gibraltar, Greece, Guam, Haiti, Heard Island and McDonald Islands, Hungary, Iceland, Islamic Republic of Iran, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Democratic People's Republic of Korea, Latvia, Libyan Arab Jamahiriya, Liechtenstein, Lithuania, Luxembourg, Mali, Malta, Montserrat, Mozambique, Myanmar, Netherlands, New Zealand, Norfolk Island, Norway, Palestinian Territory, Occupied, Pitcairn, Poland, Portugal, Romania, Russian Federation, Saint Helena, Ascension and Tristan Da Cunha, San Marino, Senegal, Serbia, Slovakia, Slovenia, Somalia, South Georgia and the South Sandwich Islands, South Sudan, Spain, Sri Lanka, Sweden, Switzerland, Syrian Arab Republic, Trinidad and Tobago, Tunisia, Turks and Caicos Islands, Uganda, Ukraine, United Kingdom and any other countries where the citizens have British proof of identity (i.e. British Virgin Island, Gibraltar, Isle of Man etc.), United States, U.S. Minor Islands, Vanuatu, Virgin Islands, British, Virgin Islands, U.S., Yemen, and Zimbabwe.