Date 13 May 25 : After the success of US-China Talk... Markets focus on tonight U.S. CPI and Retail Sales on Thur. Powell speaks on Thur too

"The mutual tariff revisions will be imposed by May 14. Trump’s 20% fentanyl-related levies on China, imposed in February and March, will stay. However, each side has agreed to lower “reciprocal” tariffs on the other by 115 percentage points for 90 days. US will temporarily lower its overall tariffs on Chinese goods from 145% to 30%, while China will cut its levies on American imports from 125% to 10%, according to the joint statement....

Under the agreement, China will also suspend or cancel its non-tariff countermeasures imposed on the US since April 2. As part of its retaliatory measures against the US, Beijing had imposed export restrictions on some rare-earth minerals; placed dozens of American firms on its “unreliable entity list” and “export control list;” and launched an anti-monopoly probe into US chemical giant DuPont."

Quote from CNN [ https://edition.cnn.com/2025/05/12/business/us-china-trade-deal-announcement-intl-hnk ]

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Singapore :

Non-Oil Exports, Trade Balance (15/5, Thur)

United States :

CPI (13/5, Tues)

OPEC Monthly Report (14/5, Wed)

Core Retail Sales, PPI, Initial Jobless Claims, Philadelphia Fed Manufacturing Index, Industrial production, Fed Chair Powell Speaks  (15/5, Thur)