🌍📈 First Week of June 2025: Global Economic Highlights and Market Outlook

🇺🇸 United States: Fed, Jobs Report, and Tech Earnings in Focus

1. June 2 (Monday): Fed Chair Jerome Powell’s Speech
   • Powell will speak at the Federal Reserve’s 75th anniversary event of the Division of International Finance. Following his recent meeting with President Trump, markets are highly attentive to any signals about monetary policy.
     (Kiplinger)
2. June 2 (Monday): Manufacturing PMI & ISM Index Release
   • Key indicators for U.S. manufacturing activity will be released. These will serve as a barometer for ongoing economic resilience.
     (Investing.com)
3. June 6 (Friday): U.S. Jobs Report for May
   • Nonfarm payrolls, unemployment rate, and wage growth data will be released. These will heavily influence the Fed’s future interest rate decisions.
     (WSJ)
4. Corporate Earnings: Broadcom to Report
   • Broadcom will release its earnings on June 5 (Thursday). Results from this semiconductor and telecom giant may affect broader tech sentiment.
     (WSJ)

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🇰🇷 South Korea: Export Strength Amid Manufacturing Caution

1. June 2 (Monday): May Export & Import Data
   • Exports rose 3.7% YoY, while imports fell 2.7%, resulting in a trade surplus. This suggests signs of global demand recovery.
     (Myfxbook)
2. June 2 (Monday): Manufacturing PMI
   • South Korea’s manufacturing PMI stood at 48.4. Although improving, it still indicates contraction (below 50).
     (Myfxbook)
3. June 5 (Thursday): Q1 Gross National Income (GNI)
   • The Bank of Korea will announce GNI data, providing insights into household income and economic well-being.
     (Bank of Korea)
4. June 5 (Thursday): 2024 Annual National Accounts Release
   • This release will provide a comprehensive view of South Korea’s economic structure and growth drivers in 2024.
     (Bank of Korea)

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🔮 Outlook and Investment Strategy

• U.S. Market: All eyes will be on the jobs report and Powell’s remarks. These could shape expectations around rate cuts later in the year. Investors should stay agile and watch for shifts in sentiment.
• Korean Market: Strong exports are a good sign, but sluggish manufacturing needs to be watched. Economic data from China and the U.S. will likely influence South Korea’s market direction.
• Investment Strategy:
  • In the U.S., maintain positions in tech and semiconductors, but manage risk in anticipation of Fed policy surprises.
  • In Korea, focus on exporters and consumer-related sectors, especially those poised to benefit from global demand recovery.

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📝 Final Thoughts

This week’s mix of key data releases, Fed speeches, and corporate earnings will make for a dynamic market environment. Stay alert, well-informed, and diversified in your strategies as you navigate the first week of June.