Look ahead: Fed rate decision; Japan consumer confidence; eBay; Pfizer; Qualcomm
Traders eye Fed chair Jerome Powell for clues on how the central bank is dealing with the complexities surrounding ‘sticky inflation’.
US interest rates are expected to stay on hold. Japan releases its latest consumer confidence print. After Amazon’s results, investors brace for earnings from eBay, Pfizer, Qualcomm, and GSK.
(AI Video Summary)
Spotlight on Japan's economy
In today's "Look ahead" financial market overview, Angeline Ong discusses key insights and anticipations for 30 April. The focus is on Japan, particularly consumer confidence and the Nikkei 225's movements, highlighting an example of inverse polarity in technical analysis. Attention is also on the Japanese yen, with potential for central bank intervention. In the US, crucial data releases include the ADP employment change, manufacturing numbers, and Federal Reserve's interest rate decision, with the market keen on future rate cut expectations and inflation commentary.
Notable earnings reports
Additionally, notable earnings reports from companies like Amazon, GSK, Aston Martin, Pfizer, QUALCOMM, Kraft Heinz, AIG, and eBay are discussed, with a particular interest in eBay's revenue performance and future outlook.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Start trading forex today
Find opportunity on the world’s most-traded – and most-volatile – financial market.
- Trade spreads from just 0.6 points on EUR/USD
- Analyse with clear, fast charts
- Speculate wherever you are with our intuitive mobile apps
See an FX opportunity?
Try a risk-free trade in your demo account, and see whether you’re onto something.
- Log in to your demo
- Take your position
- See whether your hunch pays off
See an FX opportunity?
Don’t miss your chance – upgrade to a live account to take advantage.
- Get spreads from just 0.6 points on popular pairs
- Analyse and deal seamlessly on fast, intuitive charts
- See and react to breaking news in-platform
See an FX opportunity?
Don’t miss your chance. Log in to take your position.
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.