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China's economic figures for May in the spotlight

Published Sun, Jun 9, 2019 · 09:50 PM

REGIONAL markets saw some reprieve from May's slide - due to rekindled US-China trade tensions - to start June on hopes that the US Federal Reserve would subscribe to rate cuts.

With that in mind, investor sentiment over the Fed's possible moves are likely to remain a central theme driving markets this week, especially with a relatively weak US job data reading released last Friday.

Charles Schwab Singapore managing director Greg Baker noted that the weak job data reading "comes on the back of last week's gross domestic product figures, when US economic growth was revised down, albeit by less than expected".

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