XAU/USD – H4 Chart
btc-usd
Forex Signals Weekly Brief: FED and BOE on Top of PLTR, Ford, AMD Earnings
We have a packed week ahead of earnings spanning tech, energy, autos, and consumer sectors—as well as the US CPI and PPI inflation data.
Skerdian Meta•Monday, May 5, 2025•3 min read
Quick overview
- This week features a busy earnings schedule across various sectors, including tech, energy, and consumer health, alongside key US inflation data.
- Last week saw strong corporate earnings, particularly from Microsoft and Meta, which bolstered positive market sentiment and contributed to the Nasdaq and S&P 500's rebound.
- Despite a positive Q1 report, Amazon's cautious Q2 forecast tempered some market enthusiasm.
- Gold prices fluctuated amid geopolitical uncertainty and trade sentiment, while Bitcoin continued to gain traction, surpassing $93,000.
Live BTC/USD Chart
BTC/USD
0.0000
MARKETS TREND
We have a packed week ahead of earnings spanning tech, energy, autos, and consumer sectors—as well as the US CPI and PPI inflation data.
Markets Stay Buoyant as Earnings Season Impresses
Last week was marked by a flurry of major corporate earnings reports and Q2 outlooks, with many heavyweight companies revealing better-than-expected first-quarter results. This helped sustain a broadly positive risk sentiment across financial markets, fueling the continued rebound of the Nasdaq and S&P 500.
Tech Leaders Outshine with Strong Performance
Among the tech giants, Microsoft and Meta Platforms led the charge. Microsoft posted fiscal Q3 revenue of $70.1 billion—up 13% year-over-year—and an 18% surge in net income to $25.8 billion. Meta also impressed, with first-quarter revenue climbing 16% to $42.31 billion, easily outpacing analyst forecasts.
Amazon, while reporting a largely positive Q1, tempered some of the excitement with a more cautious Q2 forecast, which slightly dampened enthusiasm.
Macro Data Reinforces Risk Appetite
In addition to strong corporate earnings, macroeconomic indicators contributed to improving investor sentiment. U.S. non-farm payrolls data supported the bullish outlook, reflecting a resilient job market. Inflation metrics were mixed: while the GDP Advanced Price Index pointed to rising inflation, the PCE core inflation held steady in April, remaining unchanged on a monthly basis.
This Week’s Market Outlook
This week’s earnings lineup spans key sectors—AI, energy, consumer health, streaming, EVs, and fintech. The results will be crucial in shaping market sentiment for Q2, with particular investor focus on AI momentum, crypto exposure, and consumer spending resilience.
Upcoming Major Earnings Reports – Week Ahead
Monday (After Hours)
- Palantir: Focus on AI growth, defense contracts.
- Hims & Hers: Updates on direct-to-consumer health momentum.
- Ford: Earnings spotlight on EV rollout, cost control, and global auto demand.
Tuesday (Pre-Market)
- Celsius: Strong beverage sales expected amid wider distribution.
- Datadog: Insight into enterprise software and cloud demand.
- Ferrari: View into luxury consumer health.
- BP: Energy sector check amid oil price swings.
- Marriott: Read on global travel and hotel bookings.
Tuesday (After Hours)
- Supermicro: Updates on AI server demand and supply chain dynamics.
- AMD: Key report for AI chip race vs. Nvidia.
- Rivian: Focus on EV production/delivery pace.
Wednesday (Pre-Market)
- Uber: Growth in mobility and delivery to be assessed.
- Disney: Streaming margins, park performance, restructuring in view.
- Novo Nordisk: GLP-1 drug demand remains central (Ozempic/Wegovy).
Wednesday (After Hours)
- AppLovin / Arm: Digital ad momentum and chip licensing outlook.
- Carvana: Signals on used car demand.
- DoorDash: Consumer food delivery trends.
- Dutch Bros: Quick-serve beverage sales health check.
Thursday (Pre-Market)
- Peloton: Turnaround progress amid subscription changes.
- Shopify: E-commerce normalization focus.
- ConocoPhillips: Energy earnings continue.
Thursday (After Hours)
- Trade Desk: Digital ad market pulse.
- Coinbase: Tied to crypto volatility and volume.
- Warner Bros. Discovery: Streaming performance, debt in focus.
- DraftKings: Online betting and gaming engagement data.
Last week, markets were slower than what we’ve seen in recent months, with gold retreating as a result, the EUR/USD falling to 1.13, and stock markets continuing upward. The moves weren’t too big, but we opened 37 trading signals in total, finishing the week with 25 winning signals and 12 losing ones.
Gold Swings on Geopolitics and Trade Sentiment
Gold saw renewed buying interest amid heightened geopolitical uncertainty, surging past $3,300 and briefly hitting a record high of $3,444. That marked a more than $500 rally from recent lows, driven by safe-haven demand. However, as optimism around global trade talks emerged, the metal retraced gains, slipping below $3,300 and ending the week near $3,200. Despite the pullback, gold remains underpinned by ongoing macroeconomic uncertainty and inflation concerns.
Yen Struggles Despite Earlier Safe-Haven Support
The Japanese yen initially benefited from safe-haven flows but soon came under pressure again. After falling below the key 140.00 level last year and again earlier in 2025, the USD/JPY pair rebounded by roughly six yen, aided by technical support near the 100-month simple moving average. Still, sentiment toward the yen remains fragile and continues to be shaped by U.S. dollar trends and shifts in global risk appetite.
USD/JPY – Weekly Chart
Cryptocurrency Update
Crypto Momentum Continues—Bitcoin in Focus
Bitcoin extended its gains beyond $93,000, comfortably breaking through its 100-day moving average and consolidating just below $95,000. This latest rally has reaffirmed investor interest in digital assets, with technical indicators hinting at continued bullish momentum, even as short-term consolidation remains possible.
BTC/USD – Weekly chart
XRP Chart Weekly – Ripple Finds Support at the 20 SMA
Meanwhile, XRP has held firm despite broader crypto volatility. The token is trading near the upper end of its recent range, having bounced off strong support between $1.80 and $2.20. With XRP maintaining a position above its 50-day moving average, technical conditions favor further upside, especially if broader crypto sentiment remains constructive.
XRP/USD – Daily Chart
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
ABOUT THE AUTHOR
See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
Related Articles
Comments
Sidebar rates
Related Posts
Save
Join 350 000+ traders receiving Free Trading Signals
Alerts
Rates
Calendar
Signals