Macro focus this week: Central banks doin' their thing (FOMC on Wed, ECB on Thurs) and economic data droppin' (US ISMs for April, Eurozone CPI, US JOLTs report, US jobs). Let's break it down.🕶️

US ISMs for April (Mon & Wed): Wall Street analysts expect a lil' month-over-month bump in manufacturing (46.8 vs 46.3) and services (51.8 vs 51.2). But with recent strong flash PMIs, we might just see an upside surprise. 😉📈

FOMC decision (Wed): Most folks think this'll be the last 25bp hike of the cycle, and the statement could lean dovish. But hold up, 'cause Powell ain't about to celebrate low inflation yet. He might just rain on that parade around 2:30pmET. 🌧️

ECB decision (Thurs): Lagarde's got a tougher job than Powell with higher inflation and lower policy rates. We might see 25bp hikes on May 4th, June 15th, and maybe even into July. Also, the ECB's QT process is just gettin' started, so expect it to pick up the pace. 🏎️

US jobs for April (Fri): Investors keep lookin' for that big employment dip, but the BLS stays strong. Street predicts slower job creation (+178K, down from +236K in March) and a slightly higher unemployment rate (3.6% vs 3.5%). Workweek and wages? Steady as she goes (34.4 hours, +4.2%). 📊

That's the 411 for the week, folks. Don't forget, Finsights got your back with pocket-sized Wall Street wisdom! 😎📰

🪄 Spread the Magic of Finsights

With Finsights, you can always expect pocket-sized Wall Street wisdom delivered daily.