BoykoWealth.com — Automated Daily Report on World Macroeconomic News for April 22, 2025
A comprehensive summary of the news, covering GDP, inflation, unemployment, consumer confidence, equity markets, fixed income and interest rates, commodities, currencies, economic indicators, geopolitical developments, and new technology news.
United States: The U.S. economy continues to show mixed signals. The Richmond Fed Manufacturing Index for April fell to -4 from -6 in March, indicating a slight improvement but still in contraction territory. The Richmond Fed Services Revenues Index also improved to -4 from -6. The S&P Global Composite PMI Flash for April rose to 53.5 from 51 in March, suggesting expansion. The S&P Global Manufacturing PMI Flash increased to 50.2 from 49.4, while the Services PMI Flash climbed to 54.4 from 52.8. New Home Sales for March were reported at 676,000 units, a slight decrease from the previous month.
GDP: The U.S. GDP growth rate for Q1 2025 is forecasted at 2.4% quarter-on-quarter and 2.5% year-on-year. Personal Consumption Expenditure (PCE) is expected to grow by 4.0% quarter-on-quarter and 3.1% year-on-year. The GDP deflator is projected at 2.3% quarter-on-quarter.
Inflation: The Core PCE Deflator for March is anticipated to rise by 0.4% month-on-month and 2.8% year-on-year. The headline PCE Deflator is expected to increase by 0.3% month-on-month and 2.5% year-on-year.
Unemployment: Initial Jobless Claims for the week ending April 19 are forecasted at 215,000, down from 221,000 the previous week. Continuing Jobless Claims for the week ending April 12 are expected to be 1,885,000.
Consumer Confidence: The University of Michigan Consumer Confidence Index for April is forecasted at 63.8. The Conference Board Consumer Confidence Index for April is expected to be 92.9.
Equity Markets: U.S. stocks ended sharply higher on April 22, 2025. The S&P 500 Index rose by 2.51% to close at $5,287.76 [1]. The NASDAQ Composite Index increased by 2.71% to finish at $16,300.42 [2]. The Dow Jones Industrial Average climbed by 2.66% to close at $39,186.98 [3].
Corporate Actions and Earnings: Tesla released its Q1 2025 financial results, showing a decline in earnings [1]. Verizon is set to report its Q1 2025 earnings on April 22 [4]. Studio Pilates International marked a record-breaking year of growth [5].
Trending Industry Update: The technology sector led the rally on April 22, with NVIDIA gaining 4.5%, Tesla rising by 5.8%, and Amazon increasing by 3.1% [6] [7].
Europe: European markets showed mixed performance. The Eurozone Composite PMI for April is expected to be 53.5, indicating expansion. The Manufacturing PMI is forecasted at 50.2, while the Services PMI is anticipated at 54.4.
Asia: Asian markets were influenced by geopolitical tensions. The Chinese government warned other countries against trade negotiations with the U.S. at the expense of China [6] [7]. Japan’s Manufacturing PMI for April is forecasted at 49.5, indicating contraction.
Fixed Income and Interest Rates: The U.S. 2-Year Note Auction yielded 3.984%. The 5-Year Note Auction is expected to yield 4.100%. The MBA 30-Year Mortgage Rate for April 18 was reported at 6.81%.
Commodities: Crude oil stocks increased by 0.515 million barrels for the week ending April 18. Gasoline stocks decreased by 1.958 million barrels. Distillate stocks fell by 1.851 million barrels.
Energy: API Crude Oil Stock Change for April 18 showed an increase of 2.4 million barrels. EIA Crude Oil Imports Change for April 18 decreased by 2.044 million barrels.
Metals: Gold prices remained stable, while silver showed slight volatility.
Currencies: The U.S. dollar showed modest gains against major currencies. The euro and yen experienced minor fluctuations.
Economic Indicators: Building Permits for March were reported at 1.459 million, down from 1.482 million in February. Durable Goods Orders for March are forecasted to increase by 0.9% month-on-month.
Geopolitical Developments: President Trump’s ongoing criticism of Fed Chairman Powell raised concerns about the central bank’s independence [6] [7]. The U.S.-China trade conflict intensified, with Beijing cautioning other countries against trade negotiations with Washington [6] [7].
New Technology News: Tesla’s Q1 2025 financial results highlighted challenges in the electric vehicle market [1]. Studio Pilates International’s growth reflects rising demand for fitness and wellness services [5].
This report provides a detailed overview of the latest macroeconomic news and market data for April 22, 2025. Stay tuned for more updates from BoykoWealth.com.
References
[2] NASDAQ Composite Index Price History & Chart Since 1974
[3] Dow Jones Industrial Average Index Price History & Chart
[4] S&P 500 (SP500) | FRED – St. Louis Fed
[5] S&P 500 Historical Data (SPX) – Investing.com