美国6月ISM非制造业PMI、5月工厂订单月率将于十分钟后公布。 ...

Core Insights - The ISM Non-Manufacturing PMI for May recorded a value of 49.9, marking the lowest level since June 2024 [1] Group 1 - The PMI reading indicates a contraction in the non-manufacturing sector, as values below 50 signify a decline in economic activity [1] - This decline in the PMI could suggest potential challenges for companies operating in the non-manufacturing space, impacting their growth prospects [1] - The data reflects broader economic trends that may influence investment strategies within the industry [1]

Core Insights - The ISM Non-Manufacturing PMI for May in the United States is reported at 49.9, which is below the expected 52 and the previous value of 51.6 [1] Economic Indicators - The current PMI reading of 49.9 indicates a contraction in the non-manufacturing sector, as it is below the neutral level of 50 [1] - The decline from the previous month's value of 51.6 suggests a weakening in economic activity within the services sector [1]

Core Viewpoint - The ISM Non-Manufacturing PMI for May in the United States is set to be released shortly, indicating potential insights into the service sector's performance and economic conditions [1] Group 1 - The ISM Non-Manufacturing PMI is a key indicator for assessing the health of the service sector in the U.S. economy [1] - The upcoming release may influence market expectations and investor sentiment regarding economic growth [1] - Analysts will be closely monitoring the PMI figures for any signs of expansion or contraction in the non-manufacturing sector [1]

Report Investment Ratings - Gold: ★★★, indicating a clearer upward trend and relatively appropriate investment opportunities currently [1] - Silver: ★★★, suggesting a clearer upward trend and relatively appropriate investment opportunities currently [1] Core Views - Overnight, precious metals continued to fluctuate. The number of job openings in the US in April was higher than expected and the previous value. This week, there is a dense release of US economic data, with a focus on the non - farm payrolls report on Friday. Additionally, attention should be paid to the US Trade Court's ban on Trump's tariffs and the progress of various negotiations. The international gold price should maintain the idea of buying on dips, relying on the strong support at $3000. Today, focus on the US ADP employment data and ISM non - manufacturing PMI for May [1] Summary by Related Topics Tariffs - The Trump administration raised steel and aluminum tariffs to 50%, effective on the 4th. - Sources said that the US put forward a "tough" list of requirements to Vietnam in tariff negotiations. - Sources indicated that the EU did not receive a letter from the US asking for the "best trade offer". - The Brazilian President stated that if an agreement on tariffs with the US cannot be reached, Brazil will appeal to the WTO or take reciprocal measures. - The India - EU free trade agreement is accelerating, with nearly half of the issues having reached a consensus [2] Fed - Logan believes that the focus should be on achieving the 2% inflation target rather than trying to make up for past inflation shortfalls. - Bostic still thinks there may be one interest rate cut this year [2] Economic Forecast - The OECD lowered its GDP growth forecast for the US in 2025 to 1.6% (previously 2.2%) and for 2026 to 1.5% (previously 1.6%) [2]

Economic Data Releases - Australia's Q1 GDP data will be released, providing insights into the country's economic performance [1] - France's final services PMI for May will be published, indicating the health of the services sector [2] - Germany's final services PMI for May will also be released, contributing to the understanding of the economic landscape [3] - The Eurozone's final services PMI for May will be available, reflecting the overall services sector performance in the region [4] - The UK's final services PMI for May will be announced, offering a glimpse into the British services industry [5] - The US ADP employment figures for May will be disclosed, which are crucial for assessing job market trends [6] - Federal Reserve's Bostic will participate in an event, potentially providing insights into monetary policy [7] - The final services PMI for May from S&P Global in the US will be released, further informing on the services sector [8] - The Bank of Canada will announce its interest rate decision, impacting monetary policy and economic outlook [9] - The US ISM non-manufacturing PMI for May will be published, which is a key indicator of economic activity [10] - The EIA crude oil inventory data for the week ending May 30 will be released, affecting energy market dynamics [11] - The Federal Reserve will publish its Beige Book on economic conditions, offering qualitative insights into the economy [12]

Key Points - The article highlights significant economic data and events to be monitored on June 4, 2025, including speeches from Federal Reserve officials and various PMI reports from different countries [1] Group 1: Federal Reserve Events - Federal Reserve's Goolsbee will participate in a Q&A session at 00:45 [1] - Federal Reserve Governor Cook will deliver a speech regarding the economic outlook at 01:00 [1] - Federal Reserve officials Bostic and Cook will attend an event at 20:30 [1] - The Federal Reserve will release the Beige Book at 02:00 the following day [1] Group 2: Economic Data Releases - API crude oil inventory data for the week ending May 30 will be released at 04:30 [1] - Australia's Q1 GDP year-on-year data will be available at 09:30 [1] - ADP employment numbers for May will be published at 20:15 [1] - ISM non-manufacturing PMI for May will be released at 22:00 [1] Group 3: PMI Reports - Final services PMI for France in May will be reported at 15:50 [1] - Final services PMI for Germany in May will be reported at 15:55 [1] - Final services PMI for the Eurozone in May will be reported at 16:00 [1] - Final services PMI for the UK in May will be reported at 16:30 [1] Group 4: Oil Inventory Reports - EIA crude oil inventory data for the week ending May 30 will be released at 22:30 [1] - EIA Cushing crude oil inventory data for the week ending May 30 will be released at 22:30 [1] - EIA strategic petroleum reserve inventory data for the week ending May 30 will be released at 22:30 [1] Group 5: Central Bank Decisions - The Bank of Canada will announce its interest rate decision at 21:45 [1]

智通财经5月5日电，美国4月ISM非制造业PMI 51.6，预期50.2，前值50.8。 ...

Group 1 - The ISM Non-Manufacturing PMI for April in the United States is set to be released shortly [1]

Group 1 - The article mentions that stock markets in China, Japan, the UK, and South Korea are closed for the day [1] - It highlights that the US will release the April Services PMI and ISM Non-Manufacturing PMI later tonight [1]