Thursday 3 June 2021

Check out the news happening in the past 24 hours

 Yesterday's main news

 - The Fed plans to phase out credit grants to secondary market companies to deal with the epidemic before the end of the year.

 - US federal funds rate rose again, the prospect of Fed rate adjustment is in doubt.

 - Philadelphia Fed President: The Fed needs to start discussing a timetable for reducing bond purchases.

 US API crude inventories unexpectedly fell by 5.36 million barrels in the week to May 28.

 Iran oil refinery fire, Iran nuclear talks restart next week.

 - Cinema chain AMC doubled in just one day and its market value increased to US$33 billion overnight.

 - Governor of the Central Bank of Russia: Central Bank Digital Currency is the future of the Russian financial system.


  Today's important facts and data

 - The number of ADP jobs in the US in May. The market is expected to increase by 650,000, and the previous value is 742,000.

 - The number of initial jobless claims in the United States until May 29 will be published, expected to be 390,000 (decreased for 7 consecutive weeks).

 - EIA crude oil inventories from the United States through the week of May 28 are expected to decrease by 2.114 million barrels.

 - Atlanta Fed President Bostic will deliver a speech, followed by a speech by Fed Governor Quarles.

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