FX.co ★ Week Ahead - May 5th

The market's attention will shift toward potential tariff negotiations between the United States and China, the Federal Reserve's decision on interest rates, and the statements that follow from Fed officials, in addition to the release of Q1 earnings reports. In key economic data, the ISM Services PMI and foreign trade figures are set for release. On a global scale, interest rate decisions are anticipated from the UK, Brazil, Poland, and Norway. Inflation rates will be a focal point in Switzerland, Turkey, the Philippines, Mexico, and Brazil. Canada is poised to release its employment report along with trade balance figures, with further trade data expected from France, Germany, Brazil, and China. Concurrently, Germany will unveil its factory orders and industrial production statistics, while China will report on its services PMI and new yuan loan figures.