Newsquawk Daily Economic Releases - 5th May 2026

Today's economic data will provide insights into multiple economies, with key US indicators like PMI and ISM Services potentially influencing market sentiment, particularly in the forex and fixed income spaces.

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Explosions heard in Dubai as UAE air defenses engage incoming missiles, via i24 News

Some sources reported that several missiles targeted US interests in the port of Jebel Ali in the UAE, via Fars News Agency

Newsquawk Daily Economic Releases - 5th May 2026

UAE says its air defences are responding to a missile threat

US Supreme Court has resumed access to mifepristone abortion pill via mail, pharmacies and telehealth

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  • Holiday: Japan's Children's Day; Chinese Labour Day
  • Data: Swiss Inflation (Apr), US Building Permits Final (Mar), Canadian Balance of Trade (Mar), Canadian PMI (Apr), US PMI Final (Apr), US ISM Services (Apr), US JOLTS (Mar), US New Home Sales (Mar), US RCM/TIPP Economic Optimism (May), New Zealand Unemployment Rate (Q1)
  • Events: RBA Policy Announcement (May), BCB Minutes (Apr)
  • Speakers: RBA’s Bullock; ECB’s Lagarde, Lane; Fed's Bowman, Barr
  • Supply: Germany
  • Earnings: AMD, AMC, Strategy, Tempus AI, Shopify, PayPal, Pfizer, HSBC, Leonardo, Infineon
Context

Additionally, the policy announcement from the RBA could impact AUD, while speakers from the ECB and Fed may provide further guidance on monetary policy direction. Traders should monitor these releases closely, as they may confirm or challenge prevailing market trends.

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