USDInd holds below 100 as markets brace for data-heavy week

A cocktail of major U.S. economic events may stir fresh volatility for the dollar in the week ahead.

Attention will be firmly fixed on U.S. activity and labor data releases, all of which could determine whether the US Dollar Index (USDInd) extends its rebound or faces renewed pressure.

 

USDInd Week Ahead

Серебро на 13-летнем максимуме!

 

Silver XAGUSD

This Week: Fed, BOE decisions & gold in focus

 

Week Ahead XAUUSD FOMC GBPUSD

Brent rebound faces NFP, OPEC+ test

  • Brent initially rebounded after Trump's latest sanction threat on Iran oil sales; seemingly thawing US-China geopolitical tensions
     
  • Brent's rebound off 4-year lows already faltering at the time of writing
     
  • Still ahead: Key US jobs report due Friday, OPEC+ supply hike decision on Monday
     
  • NFP and OPEC+ outcomes could determine whether Brent sinks to a new 4-year low
Brent Oil OPEC+ President Trump Iran. tariff output hike

Gold attempts slight rebound ahead of US jobs report

  • XAUUSD set for back-to-back weekly declines for first time so far in 2025
     
  • Improving risk appetite pulling gold away from record high
     
  • Gold found support at 21-day SMA; now testing $3260 resistance

US Stock Indexes: “Sell in May and go away”?

  • History suggests S&P 500 investors gain less in May-Oct than in Nov-Apr
     
  • But S&P 500 averaged 2.4% monthly gain over past 10 Mays, only fell in May 2019

This Week: US stock indices await Big Tech earnings, US jobs report

  • US500 within 10% of record high after recent rebound
     
  • Markets still contending with trade war fears and recession risks
     
  • Wed, Apr 30: Microsoft, Meta earnings; US 1Q GDP and PCE
     
  • Thur, May 1: Apple, Amazon earnings
     
  • Fri, May 2: US April jobs report
     
  • US500 could either reach 5100 or 5800 on jumbo-sized moves this week.
S&P 500 US500 Big Tech Earnings Stocks indices Nonfarm Payrolls US jobs report Recession Trade Tensions President Trump

Brent finds scant relief from China’s softer tariff tone

  • Brent set for weekly drop, despite China's reportedly softer tariff tone
     
  • Oil's rebound from 4-year low thwarted by 21-day SMA, key Fib level
     
  • Brent's upside limited by persistent trade war fears
     
  • Another bumper-sized OPEC+ output hike could send Brent below $60 again

 

Oil Brent Trade Tensions China President Trump OPEC+

Gold bulls taking justified breather below record high

  • Spot gold easing away from near-$3500 record high
     
  • US, China showing some restraint in ongoing trade conflict
     
  • Gold still in supportive environment; further declines could invite more buy-the-dip action
XAUUSD Gold safe haven Trade Tensions Donald Trump China Recession

Trade Talk Turns Tame. Is the US500 Buying It?

  • US500 gaps up +1.35% on trade optimism.
     
  • Trump softens stance on China, Powell; Bessent signals possible China de-escalation.
     
  • US PMIs & Fed Beige Book may drive next short-term moves
     
  • If 21-SMA resistance is conquered, US500 could soar over 100 index points

 

Donald Trump Trade War Tariffs Fed Chair Jerome Powell US500 Stock Market indices
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