Daily News 30 04 2025

Important News of the Day

Time Important Country Event Forecast Previous Actual
02:50 Japan (JPY) Industrial Production (MoM) (Mar) -0.5% 2.3% -1.1%
04:30 Australia (AUD) CPI (YoY) (Q1) 2.3% 2.4% 2.4%
04:30 Australia (AUD) CPI (QoQ) (Q1) 0.8% 0.2% 0.9%
04:30 Australia (AUD) Trimmed Mean CPI (QoQ) (Q1) 0.6% 0.5% 0.7%
04:30 China (CNY) Chinese Composite PMI (Apr) 51.4 50.2
04:30 China (CNY) Manufacturing PMI (Apr) 49.7 50.5 49.0
04:30 China (CNY) Non-Manufacturing PMI (Apr) 50.6 50.8 50.4
04:45 China (CNY) Caixin Manufacturing PMI (Apr) 49.7 51.2 50.4
09:00 United Kingdom (GBP) Nationwide HPI (YoY) (Apr) 4.1% 3.9% 3.4%
09:00 United Kingdom (GBP) Nationwide HPI (MoM) (Apr) -0.1% 0.0% -0.6%
09:00 Germany (EUR) German Retail Sales (MoM) (Mar) -0.4% 0.2% -0.2%
10:00 Switzerland (CHF) KOF Leading Indicators (Apr) 101.8 103.2 97.1
10:55 Germany (EUR) German Unemployment Change (Apr) 16K 26K 4K
10:55 Germany (EUR) German Unemployment Rate (Apr) 6.3% 6.3% 6.3%
11:00 Germany (EUR) German GDP (QoQ) (Q1) 0.2% -0.2% 0.2%
11:00 Germany (EUR) German GDP (YoY) (Q1) -0.2% -0.2% -0.2%
12:00 Euro Zone (EUR) GDP (YoY) (Q1) 1.0% 1.2%
12:00 Euro Zone (EUR) GDP (QoQ) (Q1) 0.2% 0.2%
15:00 Germany (EUR) German CPI (YoY) (Apr) 2.0% 2.2%
15:00 Germany (EUR) German CPI (MoM) (Apr) 0.3% 0.3%
15:15 United States (USD) ADP Nonfarm Employment Change (Apr) 114K 155K
15:30 United States (USD) Core PCE Prices (Q1) 2.60%
15:30 United States (USD) Employment Cost Index (QoQ) (Q1) 0.9% 0.9%
15:30 United States (USD) GDP (QoQ) (Q1) 0.2% 2.4%
15:30 United States (USD) GDP Price Index (QoQ) (Q1) 3.1% 2.3%
15:30 Canada (CAD) GDP (MoM) (Feb) 0.0% 0.4%
15:31 Canada (CAD) GDP (MoM) (Mar)
16:45 United States (USD) Chicago PMI (Apr) 45.9 47.6
17:00 United States (USD) Core PCE Price Index (MoM) (Mar) 0.1% 0.4%
17:00 United States (USD) Core PCE Price Index (YoY) (Mar) 2.6% 2.8%
17:00 United States (USD) PCE Price index (YoY) (Mar) 2.2% 2.5%
17:00 United States (USD) PCE price index (MoM) (Mar) 0.0% 0.3%
17:00 United States (USD) Pending Home Sales (MoM) (Mar) 0.9% 2.0%
17:00 United States (USD) Personal Spending (MoM) (Mar) 0.6% 0.4%
17:30 United States (USD) Crude Oil Inventories -0.600M 0.244M
17:30 United States (USD) Cushing Crude Oil Inventories -0.086M
20:00 United States (USD) Atlanta Fed GDPNow (Q2)

UN Secretary General Antonio Guterres warns two-state solution is 'near a point of no return'

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The United Nations says the promise of a two-state solution is at risk of disappearing as fighting continues in Gaza with Israel intensifying its ground and aerial operations across the enclave in a bid to eradicate Hamas.

The United Nations Security Council convened on Tuesday to discuss the situation in the Middle East. The meeting comes after Israel moved to intensify its operations across the Gaza Strip following the breakdown of a fragile truce on 18 March.More than 2,200 Palestinians were killed since Israel resumed the fighting and some 5,800 others were wounded. Israel’s blockade of the strip has also had dire implications on Gaza’s 2.1 million population, further contributing to an already dire humanitarian crisis.UN Secretary General Antonio Guterres attended the session at the UN Headquarters where he warned that the two-state solution is at the brink of collapse. The comments came after the International Court of Justice in The Hague opened hearings on Monday into the blockade."The two-state solution is near a point of no return. The international community has a responsibility to prevent perpetual occupation and violence,” said Guterres.Guterres also told ambassadors at the Council that urgent steps must be taken to ensure the implementation of it.“My call to member states is clear and urgent. Take irreversible action towards implementing a two-state solution. Do not let extremists on any side undermine what remains of the peace process,” he added.He also warned of the crippling humanitarian conditions under which Gazans have been forced into as the Israeli blockade of the enclave continues to suffocate the populous of crucial aid, medicine and basic necessities.“The humanitarian situation throughout the Gaza Strip has gone from bad to worse to beyond imagination. For nearly two full months, Israel has blocked food, fuel, medicine and commercial supplies, depriving more than 2 million people of life-saving relief, while the world watches.”Guterres noted that geographic realities must be protected to ensure a strong foundation for any future peace. The UN boss sounded the alarm on the increasing settler violence and expansion in the West Bank.He also announced that the Security Council rejects under international law any attempt to change the enclave’s territorial or demographic integrity, including actions that reduce Gaza’s landmass, arguing that the Strip is of paramount importance to a future Palestine.“Gaza is and must remain an integral part of a future Palestinian state,” noted Guterres.Palestine’s Ambassador to the United Nations, Riyad Mansour, was also present at the meeting. Mansour called Netanyahu “delusional” after the Israeli prime minister recently said that a two-state solution means the “destruction of Israel”.“Pursuing an independent state of Palestine living side by side with Israel in accordance with resolutions of this very council and the very United Nations resolutions in which the state of Israel was established with the partition of Palestine is somehow pursuing the destruction of Israel? Does that make sense? This is nonsense,” said Mansour.The Palestinian diplomat also called for the immediate resumption of the ceasefire to end the civilian suffering. He also noted that US President Donald Trump is seemingly now in line with a more lenient approach to Gaza.“The United States are pushing to secure the entry of food and medicines to Gaza,” he said“We deeply hope that the United States, Egypt, and Qatar, with the support of the international community as a whole, will be able to secure a return to the ceasefire to start bringing all this suffering to an end."Israeli operations in Gaza have killed at least 51 Palestinians over the past 24 hours, and wounded 113 more, according to the Hamas-run Gaza Health Ministry.Attacks targeted multiple locations, from Jabaliya in the north to the city of Khan Younis in southern Gaza.The war began when Hamas militants attacked southern Israel on 7 October 2023, killing around 1,200 people, most of them civilians. Hamas took 251 people as hostages, and is currently holding 59, of whom 24 are believed to be alive.A subsequent Israeli offensive has to date killed more than 52,365 Palestinians, mostly women and children, according to the Hamas-run Gaza Health Ministry whose figure does not distinguish between fighters and civilians.The UN says around 70% of all deaths they’ve been able to independently verify were women and children.According to the Israeli military’s latest figures, 850 of its soldiers have died since the start of the war.

NDXUSD

Analysis
30 Apr 2025 09:39

A series of economic data will be decisive for the Nasdaq 100 index, which is dominated by technology stocks. The US first quarter GDP data, to be released on Wednesday, is expected to decline to 0.4%, which could pose a risk for technology stocks. The slowdown in Personal Consumption and inflation data may be positively received with the expectation that it could create room for Fed rate cuts. The expectation that non-farm payrolls, to be announced on Friday, will drop to 129,000 may also indicate a slowdown in the technology sector. The balance sheet results of major technology companies like Alphabet and Microsoft, which have been released, will be other factors determining the direction of the index. Hourly closes above the 19367 pivot level could support movement towards the 19630 resistance. It can be said that trading is occurring close to intraday levels and the upward potential continues.

DAXEUR

Analysis
30 Apr 2025 09:36

The GDP data to be released on Wednesday is of critical importance for the German stock market. The hope of emerging from a technical recession (expectation: 0.2% growth) could boost investor confidence. The markets in Germany will be closed on Thursday due to Labor Day. The German CPI is expected to remain stable, which supports expectations that the ECB may cut interest rates in June. The expectation that China's Manufacturing PMI will slip into contraction territory could pose a risk for export-oriented German companies. For the DAX index, the significant support level is 22,196, and it is deemed appropriate to consider buying positions on price movements above this level.

WTIUSD

Analysis
30 Apr 2025 09:30

Wednesday will be a critical day for oil prices. The U.S. crude oil inventory data will be decisive in price movements. An increase in the Energy Information Administration (EIA) stocks could increase pressure on WTI. The Manufacturing PMI data, which gives signals about China's economic activity, is expected to move into the contraction zone, which could raise concerns about global demand. On the other hand, signals indicating that the U.S. economy is slowing down and developments in the Middle East will also be closely monitored. If the pivot level of 63.13 is surpassed, a move towards the resistance at 64.31 may begin. However, if the resistance at 64.31 is broken, resistance levels can be monitored for selling pressure.

XAUUSD

Analysis
30 Apr 2025 09:09

Gold may become volatile with the release of U.S. inflation data. A softening of the Personal Consumption inflation data, to be announced on Wednesday, could provide support for precious metals. Additionally, if the U.S. GDP falls below expectations and there is an increase in unemployment claims, it may put pressure on Gold prices. Geopolitical tensions and the continued purchases of Gold by central banks are also supportive factors. Pricing above the psychological support level of 3300 could lead to continued upward movements. In the event of a decline, the approaching end of the month and profit realizations may cause fluctuations on a daily basis.

GBPUSD

Analysis
30 Apr 2025 09:08

The focus for GBP/USD will be on data coming from the U.S. Consumer confidence, first quarter GDP, and employment figures to be announced on Friday will determine the direction of the pair. Statements from Fed members during the week may also increase volatility. Ahead of the upcoming BoE meeting in the UK, the pair may follow a cautious trend. Signs of a weakening labor market in the U.S. (non-farm payrolls are expected to drop to 129,000) could support the Pound. Due to the positive correlation with the EURUSD pair, the technical outlook remains positive, making it risky to assess positions in the selling direction for the pair.

EURUSD

Analysis
30 Apr 2025 09:05

The currency pair may find direction this week due to the upcoming German GDP data and EU inflation figures. The German Q1 GDP, set to be released on Wednesday, is expected to show a growth of 0.2%, and data supporting an exit from technical recession would be positive for the markets. On the same day, the Eurozone CPI is expected to come in at 0.3%, which could strengthen expectations for an interest rate cut by the ECB in June. On the US front, inflation data and GDP will be significant. The Q1 GDP is expected to decline to 0.4%, while a 0.1% decrease in Core Personal Consumption Expenditures on a monthly basis could provide upward support for the EUR/USD pair. It is considered appropriate to assess positions based on support levels in the pair, where a positive technical outlook continues.