1️⃣ Yesterday's main news
- "Small Non-Farming" increased by nearly a million, Spot gold fell sharply, the biggest intraday drop since February.
Biden proposes to lower the corporate tax cap instead of raising the corporate tax rate to 28%.
The New York Fed will begin selling corporate bonds in its secondary market corporate credit facility.
The US government will ship 25 million doses of the COVID-19 vaccine to Asia, Africa and Latin America.
- Russia plans to reduce the share of US dollars in sovereign wealth funds to zero.
- US crude inventories last week fell to their lowest level since the week of April 30.
2️⃣ Today's important facts and data
- Fed Chair Powell attends the meeting.
- Release US nonfarm employment population and unemployment rate after seasonal adjustment for May, and then Biden will speak on this. The market is expected to add 750,000 people and an unemployment rate of 5.9%.
- The total number of US oil rigs for the week to June 4 was announced, and the market is expected to add 363 rigs.
- From 4 to 5 June, G7 finance ministers will meet in London.
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