Macroeconomic Outlook for Next Week: The US and Iran are at another crucial juncture; non-farm payrolls unlikely to help gold prices break out of their current slump.

PANews reported on May 3 that US President Trump accused Tehran's leadership of disunity, hindering an agreement to end the nine-week-long conflict that has triggered a global energy crisis. He stated that he "cannot agree to the requests made by Iran," but some traders interpreted this as a negotiating tactic rather than an abandonment of peace efforts. Investors will be awaiting a new batch of US earnings reports and US employment data. Here are the key points the market will be focusing on in the coming week:

At 00:50 on Tuesday, Williams, a permanent voting member of the FOMC and president of the New York Federal Reserve, will deliver a speech;

At 22:00 on Tuesday, the US April ISM Non-Manufacturing PMI and the US March JOLTs Job Openings will be released.

Wednesday, 20:15, US April ADP employment figures;

At 21:30 on Wednesday, St. Louis Fed President Musaleem, a 2028 FOMC voting member, will speak on the economic outlook and monetary policy.

At 01:00 on Thursday, Chicago Fed President Goolsby, a 2027 FOMC voting member, will participate in a panel discussion at a meeting.

Thursday, 7:30 PM: US Challenger job cuts for April;

At 02:05 on Friday, Cleveland Fed President Hamack, a 2026 FOMC voting member, will deliver a speech;

At 3:30 AM on Friday, Williams, a permanent voting member of the FOMC and president of the New York Federal Reserve, will deliver a speech;

At 22:00 on Friday, the preliminary readings of the US May one-year inflation rate, the preliminary reading of the US May University of Michigan Consumer Sentiment Index, and the US March wholesale sales month-on-month rate will be released.

Forecasters expect the April nonfarm payrolls report, to be released next Friday, to show a solid 60,000 new jobs, faster wage growth, a stable unemployment rate, and a rising labor force participation rate. According to a Bloomberg survey of economists, private sector job growth is likely to be even stronger.

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Author: PA一线

This content is for market information only and is not investment advice.

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