Weekly Updates 27/1/25 – 31/1/25 February 3, 2025

Weekly Updates 27/1/25 – 31/1/25

Weekly Updates 27/1/25 – 31/1/25

This weekly update is designed to help you stay informed and relate economic and company earnings to potentially value-add your CFD (Contract For Difference) trading via hedging (risk reducing). This article should be used for educational purposes only and not as financial advice. We urge all traders to carry out your own due diligence before submitting trades.


Recap for last week (20 Jan – 24 Jan 2025)

Weekly Updates 27/1/25 – 31/1/25

*These prices are taken based on the previous Monday’s opening price and the preceding Friday’s closing price.

Last week’s market action revolved around Donald Trump’s inauguration and the executive orders that were signed in the first week of Trump taking the office. Trump did not increase tariffs on China while signaling imposing tariffs on Mexico and Canada. Recent positive macro data from China gave market participants bullish sentiment leading into Chinese New Year.

Updates for the week (27 Jan – 31 Jan 2025)

The data below showing the economic releases read as “Analyst’s estimate/ Consensus | Previous data”.

Weekly Updates 27/1/25 – 31/1/25

This week ahead mainly focuses on Manufacturing PMI coming out of China which is expected to remain the same at 50.1. With manufacturing sector contributing 26.2% of China’s overall GDP, investors and traders should position themselves accordingly. The US Federal reserve is expected to maintain a 4.5% interest rate (Upper Bound).While US GDP Annualized QoQ is expected to drop to 2.7% from 3.1% prior. Furthermore, Personal Income and Personal Spending for the US is expected to increase slightly. Overall mixed expectations from the US, market participants can expect volatility if there are any upside or downside surprises.

Weekly Updates 27/1/25 – 31/1/25

US earnings releases for this week focus on tech giants releasing their quarter results for 2024. Microsoft, Aaple & Meta have helped the US Index climb in 2024 with their strong earnings expected from the AI growth story. The earnings release also includes the last quarter results before Tesla CEO Elon Musk works with the reelected US president. Donald Trump has called renewables a “Green Scam” and has removed the electric car mandate meanwhile bringing back the oil economy by increasing US drilling activities to lower prices – which leads to attention for the oil and gas sectors. Singapore earnings releases for this week focus on REITs earnings. The retail REITs sector, Capland Ascott is expected to continue with its recovery results from higher reported occupancy rates and distributions while in the midst of international travel reaching pre-pandemic levels.

Weekly Updates 27/1/25 – 31/1/25

HKEX(0388.HK): Potential Short Opportunity (by Alex Lee)

Weekly Updates 27/1/25 – 31/1/25

Key Entry Price Pivot(s)

  • HK$382.4

Recommended Trade

  • Short at HK$334.2
  • Stop Loss at HK$397.8
  • Take Profit at HK$218.4

Alternative Case

  • Long at HK$397.8
  • Stop Loss at HK$313.8
  • Take Profit at HK$58

Remarks

  • Looking at the weekly chart of HKEX, we can see that the price has bounced off from the resistance level of HK$382.4.
  • Currently, price has rejected the resistance line as well as the 20-moving average with significant volume thereby presenting an opportunity for going short.
  • We may see price extending towards the next support level at HK$218.4.

If you have any feedback or questions, feel free to email us at samht@phillip.com.sg or onishathyeyn@phillip.com.sg or cfd@phillip.com.sg.

Disclaimer

This material is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs.

Accordingly, no warranty whatsoever is given and not liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information. Investments are subject to investment risks.

The risk of loss in leveraged trading can be substantial. You may sustain losses in excess of your initial funds and may be called upon to deposit additional margin funds at short notice. If the required funds are not provided within the prescribed time, your positions may be liquidated.

The resulting deficits in your account are subject to penalty charges. The value of investments denominated in foreign currencies may diminish or increase due to changes in the rates of exchange.

You should also be aware of the commissions and finance costs involved in trading leveraged products. This product may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low.

Clients are advised to understand the nature and risks involved in margin trading. You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualifies financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement.

You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at www.poems.com.sg) before trading in this product. Any CFD offered is not approved or endorsed by the issuer or originator of the underlying securities and the issuer or originator is not privy to the CFD contract. This advertisement has not been reviewed by the Monetary Authority of Singapore.


CFD Disclaimer

Investments are subject to investment risks. The risk of loss in leveraged trading can be substantial. You may sustain losses in excess of your initial funds and may be called upon to deposit additional margin funds at short notice. If the required funds are not provided within the prescribed time, your positions may be liquidated. The resulting deficits in your account are subject to penalty charges. The value of investments denominated in foreign currencies may diminish or increase due to changes in the rates of exchange. You should also be aware of the commissions and finance costs involved in trading leveraged products. This product may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low. Clients are advised to understand the nature and risks involved in margin trading.

You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at https://www.poems.com.sg/) before trading in this product.

Any CFD offered is not approved or endorsed by the issuer or originator of the underlying securities and the issuer or originator is not privy to the CFD contract.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
This material is intended for general circulation only and does not take into account the specific investment objectives, financial situation or particular needs of any particular person. You should seek advice from a financial adviser regarding the suitability of the investment product, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to invest in such products.

About the author

Sam Hei Tung (Assistant Manager, Dealing) & Onisha Thye (Dealing)

Sam graduated from National University of Singapore with a Master of Science in Finance. He personally manages his own investment portfolio and does equity and economic research in his free time. Sam believes that education and information is essential to making good financial decisions.

Onisha is a dealer at  the CFD Dealing Desk. She graduated from Monash University with a double major in finance and econometrics. Her natural curiosity for finance is what drove her to be in this field as she is fascinated by all the possibilities and opportunities.

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