• High-impact data with US CPI & PPI the key headliners, RBA Gov Bullock to speak on the future.
• US CPI y/y expected @2.6% and US PPI m/m expected @ 0.2%. BLOOD ON THE STREETS!
• AUDUSD is expected to recover from its HUGE fall, pivoting between 0.5885 – 0.6288.
• THERE’S BLOOD ON THE STREETS!
• All global markets saw RED on Friday night with the full impacts of the tariffs flowing through all asset classes with FX pairs taking a gigantic HIT!
• The AUDUSD lost 4.5 cents in one night, dropping from 0.6390 to 0.5932, ABSOLUTE MAYHEM.
• The USD gained immense strength on Friday night as Trump’s full tariff plan took effect, strengthening US markets and weakening other global markets.
• AUDUSD will primarily be driven this week by tariff news, so we could see further bearish moves unless we see respite from data.
• AUDUSD can stay below 60c if we see more retaliation from global markets against the US plan.
• US CPI expected to come in at 2.6% y/y (prev 2.8%), which is negative for the USD.
| Economic Calendar: Mon 7th April 2025 – Fri 11th April 2025 (High Impact) (AU/US) | |||||
| Day | Time(AEST) | Event | Country | Forecast | Previous |
| Thur | 4:00am | FOMC Meeting Minutes | US | N/A | N/A |
| 8:00pm | RBA Gov Bullock Speaks | AU | N/A | N/A | |
| 10:30pm | Core CPI m/m | US | 0.3% | 0.2% | |
| CPI y/y | US | 2.6% | 2.8% | ||
| Unemployment Claims | US | 223K | 219K | ||
| Fri | 10:30pm | Core PPI m/m | US | 0.3% | -0.1% |
| PPI m/m | US | 0.2% | 0.0% | ||
| Sat | 12:00am | Prelim UoM Inflation Expectations | US | TBA | 5.0% |
Source: forexfactory.com