Friday, 2 July 2021

Check out the news happening in the last 24 hours

  1️⃣ Yesterday's main news

 - Last week, the number of first-time applicants in the United States continued to be at its lowest level since the week of March 14 last year.

 The US House of Representatives passed a $715 billion infrastructure bill.

 - Fed Hack: Support to reduce debt by the end of this year.

 - European Central Bank President Lagarde: Restrictions on bank dividends could be lifted by the end of September.

 - OECD announces 130 countries/regions in favor of "two-pillar" reform.

 - UAE prevents OPEC from reaching an agreement to increase production.

 - US Congressional Budget Office: The estimated US fiscal deficit is $1.153 trillion in fiscal year 2022.


 2️⃣ Notable economic events and data today

 - The US will release the unemployment rate for June and nonfarm employment population data after seasonal adjustment for the US in June.  Investors pay close attention to this data.

 - European Central Bank President Lagarde will deliver a speech.

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