It’s a huge week ahead – the FOMC is the highlight but there are plenty of others

It’s a huge week ahead, including NFP, ISM, and PMI data. The highlight is the Federal Open Market Committee (FOMC) meeting.

The FOMC statement is due at 2pm US Eastern time on Wednesday May 1 (which is 1800 GMT).

Federal Reserve Chair Powell will follow up with his press conference a half hour late (2.30pm / 1830)

Previews already posted ICYMI:

Weekly Market Outlook (29-03 May)Week Ahead Preview: Highlights include FOMC, NFP, ISM, and PMI data

The FOMC is like a deer kangaroo in the headlights of rising inflation.

This article was written by Eamonn Sheridan at www.forexlive.com.