ASX 200 Outlook: Federal Reserve Decision, Macquarie Conference, and Earnings from AMD, PLTR

May 05, 2025 03:20 PM AEST | By Team Kalkine Media
 ASX 200 Outlook: Federal Reserve Decision, Macquarie Conference, and Earnings from AMD, PLTR
Image source: shutterstock

Highlights:

  • The Federal Reserve meeting may offer clues on inflation pressures and trade-related impacts

  • Macquarie’s Australia Conference brings key updates from GYG.AX, FLT.AX, WTC.AX, and MGR.AX

  • Earnings from AMD and PLTR expected amid global trade uncertainty

The broader tech and financial sectors will be in focus this week as market participants track developments from the United States and Australia. The asx 200, Dow Jones, Nasdaq, and S&P 500 indexes could be influenced by key macro events and earnings. Companies such as Advanced Micro Devices (NASDAQ:AMD), Palantir Technologies (NYSE:PLTR), Guzman y Gomez (ASX:GYG), Flight Centre (ASX:FLT), WiseTech Global (ASX:WTC), and Mirvac (ASX:MGR) are set to feature prominently in upcoming updates.

Federal Reserve Rate Decision

The United States Federal Reserve will commence its policy meeting, with focus on the central bank’s stance amid recent trade tensions and slowing economic indicators. Attention remains on how tariffs introduced in April are feeding into inflation and broader economic performance.

The first quarter saw a slowdown in gross domestic product growth across the U.S., reportedly linked to front-loaded import activity in anticipation of levies. Retail pricing pressures are expected to rise due to increased import costs, prompting questions around inflation movement.

As the Federal Open Market Committee delivers its decision, commentary from Federal Reserve officials is expected to address the outlook for consumer demand and cost dynamics influenced by external trade measures. Market pricing for the next possible rate adjustment continues to shift based on macroeconomic data and public statements.

Macquarie Australia Conference

This week also brings attention to the annual Macquarie Australia Conference, which hosts presentations from key ASX-listed entities. Known informally as the start of the earnings guidance update period, the event is watched for corporate disclosures on trading performance and external challenges.

Companies such as Guzman y Gomez (ASX:GYG), Flight Centre (ASX:FLT), WiseTech Global (ASX:WTC), and Mirvac (ASX:MGR) are expected to deliver updates on business operations.

Geopolitical trends, including tariff impacts and concerns around a potential global slowdown, are likely to feature as prominent themes. Discussion may also revolve around how firms are approaching cost structures, supply chain planning, and guidance strategies in the lead-up to the July–August reporting season.

Earnings from AMD and Palantir

On the earnings front, updates from Advanced Micro Devices (NASDAQ:AMD) and Palantir Technologies (NYSE:PLTR) are anticipated. Both companies are part of broader industry conversations around technology adoption and international trade influences.

Despite pressure from economic headwinds, Advanced Micro Devices is expected to show growth in core financial metrics. In recent months, downward movement in AMD’s share price has not deterred growing interest in its technology capabilities.

Palantir Technologies will also deliver quarterly results, supported by recently confirmed contracts in the defence space. The announcement of an AI-focused solution adopted by NATO earlier in the year has placed attention on the firm’s ability to secure government technology contracts.

The stock has advanced during the year, driven by demand for artificial intelligence-based platforms. Its performance this quarter is expected to reflect contributions from previously disclosed agreements and enterprise demand across global markets.

As developments unfold across economic policy, corporate earnings, and conference insights, market participants are watching how trade conditions and inflation signals are shaping corporate strategies and public reporting.


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