Friday, 25 June 2021

Check out the news happening in the last 24 hours

  1️⃣ Yesterday's main news

 Biden said it had reached an infrastructure deal with senators from both sides.

 - The Fed will remove restrictions on bank stock buybacks and dividends.

 - US negotiators said they could resume talks on the Iran nuclear deal as soon as next week.

 The number of initial jobless claims in the United States fell last week.

 - The SEC is introducing requirements for the cryptocurrency trading business.

 - The Bank of England's hawkish signals fell short of expectations and the pound fell.

 India's Oil Minister urged OPEC to cut production as soon as possible.

 - Microsoft introduces the new Windows 11 system.

 - The reverse repurchase activity exceeded 10 billion for the first time in 3 months.


 2️⃣ Notable economic events and data today

 - The US will release core PCE data for May, which is the inflation indicator that the Fed is most interested in.

 - Tonight, the FOMC Standing Voting Committee and New York Federal Reserve Chairman Williams will deliver speeches.

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