Weekly Market Outlook: US GDP, BoJ, Tech Earnings Impact

As the financial markets brace for a consequential week, traders at VT Markets must focus on pivotal events shaping market dynamics:

1. US Economic Indicators: Keep an eye on the release of Q1 US GDP, Core PCE Index for March, and Preliminary S&P Global PMIs for April to gauge economic momentum and potential rate adjustments.
2. Bank of Japan (BoJ) Decision: The BoJ's rate decision and speculation around currency intervention amidst yen weakness are critical amid Japan's shifting monetary policy.
3. European and UK Economic Releases: Assess EU and UK PMIs for insights into economic recovery and inflation trajectories, influencing central bank policies.
4. Australian Economic Data: Watch Wednesday's CPI data closely for its impact on RBA rate expectations and inflation trends.
5. Earnings Season: Tech giants' reports, including Alphabet, Tesla, Meta, Microsoft, and Amazon, will significantly influence market sentiment amid ongoing corrections in tech-heavy indices.

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