Quantwater Tech Investments
Key Economic Events: Week Of 4th May 2026
Release Date: 4th May 2026
What to Expect in Markets This Week: This week features Golden Week and regional holiday closures across China, Japan, the UK, Korea and Russia, the RBA policy decision, U.S. services data, JOLTS, jobless claims and Friday's payrolls report. The next Fed Interest Rate Decision on 17 June 2026 remains the final forward-looking USD policy marker in this calendar sequence.

4 May 2026

CN - China Labor Day

Date: 04-May-26, Mon, All Day Currency: Holiday Importance: - Forecast: - Previous: - Notes: China Labor Day keeps mainland markets closed and can reduce CNY and CNH liquidity during Asian trading hours. Offshore markets may still react to global risk sentiment, but local flow can be thinner around the holiday window. Learn More: Legacy

JP - Greenery Day

Date: 04-May-26, Mon, All Day Currency: Holiday Importance: - Forecast: - Previous: - Notes: Greenery Day is part of Japan's Golden Week holiday period. Local market participation is typically reduced, which can dampen JPY liquidity and leave moves more sensitive to overseas catalysts. Learn More: Legacy

UK - Early May Bank Holiday

Date: 04-May-26, Mon, All Day Currency: Holiday Importance: - Forecast: - Previous: - Notes: The Early May Bank Holiday closes UK banks and can reduce GBP liquidity during London hours. Price action may be more dependent on offshore risk sentiment and USD moves while local desks are lighter. Learn More: Legacy

5 May 2026

CN - China Labor Day

Date: 05-May-26, Tue, All Day Currency: Holiday Importance: - Forecast: - Previous: - Notes: China Labor Day keeps mainland markets closed and can reduce CNY and CNH liquidity during Asian trading hours. Offshore markets may still react to global risk sentiment, but local flow can be thinner around the holiday window. Learn More: Legacy

JP - Children's Day

Date: 05-May-26, Tue, All Day Currency: Holiday Importance: - Forecast: - Previous: - Notes: Children's Day is a public holiday in the local market. Reduced domestic participation can thin regional liquidity, especially during Asian session hours. Learn More: Legacy

KR - Children's Day

Date: 05-May-26, Tue, All Day Currency: Holiday Importance: - Forecast: - Previous: - Notes: Children's Day is a public holiday in the local market. Reduced domestic participation can thin regional liquidity, especially during Asian session hours. Learn More: Legacy

AU - RBA Interest Rate Decision (May)

Date: 05-May-26, Tue, 10:00 IST Currency: AUD Importance: 3 Forecast: 4.10% Previous: - Notes: The Reserve Bank of Australia interest rate decision is the main AUD event this week. Markets will focus on whether the statement confirms sticky inflation concerns or signals more confidence that policy is restrictive enough. Learn More: AUDUSD AUDJPY

US - S&P Global Services PMI (Apr)

Date: 05-May-26, Tue, 19:15 IST Currency: USD Importance: 2 Forecast: 51.3 Previous: - Notes: The S&P Global Services PMI measures U.S. services-sector activity. A reading above 50 points to expansion, while a softer print can weigh on USD if it suggests slower demand in the largest part of the U.S. economy. Learn More: USDJPY EURUSD

US - New Home Sales (Mar)

Date: 05-May-26, Tue, 19:30 IST Currency: USD Importance: 3 Forecast: 587K Previous: - Notes: New Home Sales is a timely gauge of housing demand and interest-rate sensitivity. Stronger sales can support growth expectations, while weakness may highlight the drag from mortgage rates and cautious household demand. Learn More: USDJPY EURUSD

US - JOLTS Job Openings (Mar)

Date: 05-May-26, Tue, 19:30 IST Currency: USD Importance: 3 Forecast: 6.882M Previous: - Notes: JOLTS Job Openings tracks labor demand and is closely watched for signs of cooling employment conditions. A lower reading can ease wage-pressure concerns, while a resilient number may support the USD through firmer Fed expectations. Learn More: USDJPY EURUSD

US - ISM Non-Manufacturing Prices (Apr)

Date: 05-May-26, Tue, 19:30 IST Currency: USD Importance: 3 Forecast: 70.7 Previous: - Notes: ISM Non-Manufacturing Prices captures price pressure in the services sector. Sticky prices can reinforce inflation concerns and keep front-end U.S. rate expectations supported. Learn More: USDJPY EURUSD

US - ISM Non-Manufacturing PMI (Apr)

Date: 05-May-26, Tue, 19:30 IST Currency: USD Importance: 3 Forecast: 54 Previous: - Notes: ISM Non-Manufacturing PMI is a broad services activity indicator. Stronger readings usually support the USD by signaling resilient domestic demand, while downside surprises can pressure growth-sensitive assets. Learn More: USDJPY EURUSD

6 May 2026

JP - Constitution Day

Date: 06-May-26, Wed, All Day Currency: Holiday Importance: - Forecast: - Previous: - Notes: Japan's Constitution Day observance is part of the Golden Week holiday period. Local market closures can reduce JPY liquidity and shift focus toward offshore USD and risk sentiment drivers. Learn More: Legacy

US - ADP Nonfarm Employment Change (Apr)

Date: 06-May-26, Wed, 17:45 IST Currency: USD Importance: 3 Forecast: 62K Previous: - Notes: ADP Nonfarm Employment Change provides an early private-sector labor-market signal ahead of official payrolls. It can move USD rates expectations when it meaningfully changes the market setup for Friday's jobs data. Learn More: USDJPY EURUSD

7 May 2026

US - Initial Jobless Claims

Date: 07-May-26, Thu, 18:00 IST Currency: USD Importance: 3 Forecast: Link Previous: - Notes: Initial Jobless Claims is one of the timeliest U.S. labor-market indicators. Lower claims generally support the USD, while a higher reading can point to labor softening and lower rate expectations. Learn More: USDJPY EURUSD

8 May 2026

US - Average Hourly Earnings (MoM) (Apr)

Date: 08-May-26, Fri, 18:00 IST Currency: USD Importance: 3 Forecast: 0.20% Previous: - Notes: Average Hourly Earnings measures wage growth and is a key inflation input in the payrolls report. A stronger monthly increase can support the USD if it suggests wage pressure remains firm. Learn More: USDJPY EURUSD

US - Nonfarm Payrolls (Apr)

Date: 08-May-26, Fri, 18:00 IST Currency: USD Importance: 3 Forecast: 178K Previous: - Notes: Nonfarm Payrolls is the week's major U.S. labor-market release. A stronger print can lift the USD and Treasury yields, while weakness may revive expectations for easier Fed policy. Learn More: USDJPY EURUSD

US - Unemployment Rate (Apr)

Date: 08-May-26, Fri, 18:00 IST Currency: USD Importance: 3 Forecast: 4.30% Previous: - Notes: The Unemployment Rate summarizes labor-market slack. A lower rate generally supports USD sentiment, while a higher rate can weigh on the currency if it signals softer employment conditions. Learn More: USDJPY EURUSD

9 May 2026

RU - Victory Day

Date: 09-May-26, Sat, All Day Currency: Holiday Importance: - Forecast: - Previous: - Notes: Victory Day is a Russian public holiday. Local market participation may be reduced, making RUB liquidity more dependent on offshore flows and broader commodity or geopolitical sentiment. Learn More: Legacy

17 June 2026

USD - Fed Interest Rate Decision

Date: 17-Jun-26, Wed, 23:30 IST Currency: USD Importance: 3 Forecast: CME FedWatch Tool Previous: 3.63% Notes: The Federal Reserve Interest Rate Decision remains the key medium-term USD catalyst. The 17 June 2026 meeting will reset expectations for policy guidance, the rate path, and near-term risk sentiment. This appears as the next Fed decision in this calendar sequence. Learn More: USDJPY EURUSD

Past Blog Posts