Daily Market Insight

• Inflation slowed more than expected in April • German investor sentiment jumps in May • BOJ eyes hikes, cites trade uncertainty • China ends Boeing ban after US trade deal • Dollar slips slightly from highs

• US and China agree to 90-day tariff cut • Fed speakers aligned with Chair Powell’s post-FOMC stance • China exports beat expectations in April despite tariff pressures • China’s April consumer prices dip, raising deflation concerns • The dollar gained, fueled by optimism over the US-China 90-day tariff truce

• The US announced a trade framework with the UK • Trump says China tariffs will come down from 145% • Initial jobless claims drop, beating market expectations • BOE cuts rates to 4.25% in split vote as tariffs hit growth • The dollar gained, fueled by optimism over the US-UK trade deal

• Fed holds rates steady amid mounting risks of weaker growth and rising inflation • Trump announces upcoming news on a "Major Trade Deal" with a major country • Trump to remove Global chip limits, set new AI regulations • The dollar gained ground against its peers following the Fed's rate decision

• US trade deficit hits record on pre-tariff drug surge • US-China trade talks to start this week • China Caixin services slips, adding risk of rapid slowdown • China cuts key rate, reserve ratio to aid economy hit by tariffs • Thailand inflation drops 0.22% in April • Dollar retreats ahead of Fed meeting

• US employment added 177K jobs in April, beating expectations amid uncertainty • Eurozone Inflation remains elevated , putting pressure on ECB policy choices • US ISM Services PMI picks up after slumping in March • China quietly exempts about a quarter of US imports from tariffs • Japan's Kato implies US treasury holdings could serve as bargaining tool • Dollar off lows after strong ISM services PMI

• US economy sees first contraction since 2022 due to spike in imports • ISM manufacturing PMI rebounds slightly, still contracting • US PCE Inflation overall eases in March • Euro-Zone growth unexpectedly quickens but trade hit still ahead • BoJ held rates at 0.50% with a dovish tone despite signaling future hikes • Bank of Thailand lowers rate amid tariff woes • US dollar index climbs above 100.00 ahead of NFP

• Trump to sign order aimed at reducing auto tariff burden • US CB consumer confidence drops to near five-year low • US job openings decrease to a six-month low • Moody's lowers Thailand's outlook to negative, keeps Baa1 ratings • Dollar edges higher ahead of key economic data releases

• Bessent states China must take the lead in easing the trade war • Texas manufacturing slumps to lowest since 2020 on tariffs • US boosts net quarterly borrowing estimate to $514 billion • Putin declares 72-hour Ukraine truce to mark WWII victory • The dollar softened ahead key data

• US Officials adopt ‘systematic’ framework for trade negotiations • US consumer sentiment stays low in April amid tariff worries • UK retail sales were soaring before tariffs hit confidence • China may lift tariffs on some US goods amid rising costs • China signals calm, vows emergency readiness • Dollar strengthened at the close of a volatile week