This coming week, we will see the US Fed meeting on Wednesday. In this May meeting, there will likely be no rate hike but the groundwork could lay for a rate hike in the June meeting. The Fed will likely acknowledge the soft 1Q GDP as a result of transitory factors. Last week, the released 1Q GDP figures saw a growth of 2.3%, the lowest in the past three quarters. However, GDP growth is expected to pick up from expansionary fiscal policy measures such as spending increases and tax cuts.