1️⃣ Yesterday's main news
- Yellen said the US could hit the debt ceiling in August.
- Fed officials Bostic, Kaplan said they will raise rates next year.
- The Fed's first use of a fixed-rate reverse repo exceeds $800 billion.
- US Democrats set a target in 24 hours to reach an infrastructure agreement between the parties.
- The US Markit Manufacturing PMI in June hit a record high.
- Meibu Oil once set a new 3-year high and inventories in last week's EIA fell sharply.
- OPEC+ is said to be considering an output increase announcement at next week's meeting.
The Iran nuclear deal is said to be nearing completion.
- Mutant strains "Delta+" have been detected in India and a third wave of epidemics will occur in the future.
- The Bank of England decision will be announced and Haldane, a hawkish official, will make one last appearance.
2️⃣ Notable economic events and data today
- The Bank of England will publish interest rate resolutions, policy statements and meeting minutes This meeting will be the last meeting of Haldane, the chief economist of the hawks. Investors will be watching for signs of central bank tightening.
- The United States will publish the first number of jobless claims for the week until June 19. At the same time, it will publish the final value of the first quarter annualized real GDP rate. first quarter and core PCE of the first quarter. annual price index quarterly rate final value. Data-related performance can affect the volatility of the US dollar.
- Tonight, the FOMC 2021 voting committee, Fed President Atlanta Bostic, Fed President Philadelphia Hack and New York Fed President Williams will deliver speeches.
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