Weekly Updates 6/1/25 – 10/1/25 January 7, 2025
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 (30 Dec – 03 Jan 2025)
*These prices are taken based on the previous Monday’s opening price and the preceding Friday’s closing price.
Last week’s market movement revolved around the spike in US 10 year bonds causing a broader scale market sell off, with the Tech heavy NASDAQ selling off -1.42% closing the week at 21,326 points. With the Atlanta Fed revising Q4 GDP from 3.1% to 2.6% and Tesla’s decline in Year to Year car deliveries across the major markets, set a bearish market sentiment for the week.
Updates for the week (06 Jan – 10 Jan 2025)
The data below showing the economic releases read as “Analyst’s estimate/ Consensus | Previous data”.
This week ahead, mainly focus on employment data coming out of the US, with ADP employment change on Wednesday, nonfarm payrolls and unemployment rate coming on Friday. With the US Federal Reserve signaling less rate cuts in 2025, market participants are paying close attention to the strength of the labor market as a gauge for potential Fed Pivot. Furthermore, China is releasing CPI and PPI data on Thursday, with market participants eager to see any form of bullish news before heading in to Chinese New Year later this month. China CPI is set to remain flat at 0.1%.
Earnings releases for this week focus on Constellation brands and Delta Air from the US. With constellation brands underperforming in the recent year, dropping -10.35%, with Net Profits taking a hit in the most recent quarter. While Delta Air has been beating analyst expectations with both increases in topline and bottom line numbers. Market participants are eager to get the forward guidance of Delta Air as a proxy for the broader aviation and airline stock. Furthermore on Tuesday 10:30am Singapore time, NVIDIA will be showcasing its new series of Graphic cards and product, market participants should take note as NVIDIA is one of the most speculated stocks and will set the sentiment for the AI, Chip maker and broader market sentiment.
China Mobile (0941.HK): Chanel Trade by Sean Ng
Key Entry Price Pivot(s)
- $77.50
Recommended Trade
- Short below $76.30
- Take Profit at $67.50
- Stop Loss at $77.50
Alternative Case
- Long above $77.50
- Take Partial Profit at $78.90
- Trail Stop Loss at $76.50
Remarks
- 0941.HK is forming a downward channel and price is currently near the upper end of the channel.
- Traders could potentially seek to take a short trade should price rebound off of the top channel. Otherwise, a strong breakout from the upper end of the channel could signal a potential long trade.
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.
