Market Review and Trends
Weekly Market Commentary | 30 May 2021
By Syfe  •  May 29, 2021
The Week Ahead
  • China PMI
  • U.K PMI
  • U.S Nonfarm Payrolls and Unemployment Rate
Thought Of The Week Economic Restart, U.S-China Trade Talks Global stocks are set to climb for a fourth month, supported by solid economic data and accommodative monetary policy by central banks. U.S weekly jobless claims continue to drop to a fresh pandemic low while comments from Federal Reserve helped to temper inflation fears again. Meanwhile, U.S Trade Representative Katherine Tai and China’s Vice Premier Liu He had their first conversation on Thursday as both sides try to resolve their differences on trade. Despite the existing tariffs that the U.S and China have in place, bilateral trade is in fact rebounding, highlighting the strong economic interdependence of the two nations. Although there has not been any major change to the policies inherited from the former U.S President, there are increasing signs that U.S will be moving away from engagement...
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By Syfe
Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia ...
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