1️⃣ Yesterday's main news
- Fed Bostic: Or start reducing debt from October to December.
- Democrats in the US Senate announce a $3.5 trillion budget plan.
- The provisions of crypto tax under the US Infrastructure Act have not been agreed.
- US Treasury Secretary Yellen seeks bipartisan cooperation to resolve debt ceiling issue.
- New York Fed survey: US consumers' short-term inflation expectations maintain record highs.
- For the first time, JOLTS US employment exceeded 10 million people, exceeding the number of unemployed people.
- Japan may increase its economic stimulus plan
2️⃣ Financial facts and data today
- the August ZEW Economic Sentiment Index for Germany and the Eurozone will be published.
- the July US NFIB Small Business Confidence Index will be released, with the expected value of 102 and the previous value of 102.5.
- 2022, the FOMC voting committee and Federal Reserve chair Cleveland Meester will deliver speeches on inflation risks.
- EIA will release its monthly short-term energy outlook report.
- the next day, API crude oil inventories will be released for the week from the US to August 6.
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