Date 06 May 25 (Tues) : U.S. GDP -0.3%; USD weaken; FOMC tomorrow... Shall we consider to "Sell in May and Go Away"?
- Ada Tam Ying Ying
- May 6
- 2 min read
Given the U.S. economic data is honestly bad for first quarter. Please be extremely careful from the month of June - August, these 3 months will be very volatile...
US dollar’s fall in Asia stuns investors, spreads globally
LAST WEEK and Past Data
28 Apr : Singapore unemployment Rate Q1 : 1.9% to 2.1%
30 Apr : Singapore Business Expectations Q1 : 16.00 to -6.00
2 May: Singapore Manufacturing PMI Apr : 50.6 to 49.6
5 May : Singapore Retail Sales (yoy) : -3.5% to 1.1%, (mom) : 3.0% to -2.8%
29 Apr : U.S. Goods Trade Balance Mar : -147.85B to -161.99B
[The goods trade balance is the difference in value between imported and exported goods during the reported month.]
29 Apr : U.S. CB Consumer Confidence : 93.9 to 86.0
29 Apr : U.S. JOLTS Job Openings : 7.480M to 7.192M
30 Apr : U.S. ADP Nonfarm Employment Change Apr : 147k to 62k
30 Apr : U.S. Core PCE Prices Q1 : 2.60% to 3.50%
30 Apr : U.S. GDP Q1 : 2.4% to -0.3%
30 Apr : U.S. Core PCE Price Index yoy : 3% to 2.6%; mom : 0.5% to 0%
30 Apr : U.S. Chicago PMI Apr : 47.6 to 44.6
1 May : U.S. Initial Jobless Claims : 223K to 241K
1 May : U.S. Manufacturing PMI Apr : 50.2 to 50.2
2 May : U.S. Nonfarm Payrolls : 185k to 177k
2 May : U.S. Private Nonfarm Payrolls : 170k to 167k
5 May : U.S. S&P Global Composite PMI Apr : 53.5 to 50.6
5 May : U.S. Services PMI Apr : 54.4 to 50.8
5 May : U.S. ISM Non-Manufacturing PMI Apr : 50.8 to 51.6
5 May : U.S. ISM Non-Manufacturing Prices Apr : 60.9 to 65.1
29 Apr : China Composite PMI Apr : 51.4 to 50.2
29 Apr : China Manufacturing PMI Apr : 50.5 to 49.0
29 Apr : China Non-Manufacturing PMI Apr : 50.8 to 50.4
29 Apr : China Caixin Manufacturing PMI Apr : 51.2 to 50.4
5 May : China Caixin Services PMI Apr : 51.9 to 50.7
Coming Data
U.S.
Tue : Exports ; Imports ; Trade Balance ; 10-Yer Note Auction
Wed : FOMC Statement ; Fed Interest Rate Decision
Thu : Initial Jobless Claims ; Nonfarm Productivity ; 30 Year Bond Auction
China
Fri : Exports ; Imports ; Trade Balance ; CPI; PPI
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