1️⃣ Yesterday's main news
The Fed is expected to consider ending bond purchases by mid-2022.
The Dow and S&P 500 continue to hit record highs.
- According to the news that OPEC + has no intention to increase production, oil prices recover in the short term.
- Japan increased its US debt holdings in June and China's debt holdings fell the most in 5 years.
- The US government has begun a formal investigation into Tesla's autonomous driving system.
- National Standing Committee: Finalize and implement a plan to cope with the increase in prices of important raw materials.
2️⃣ Financial facts and data today
- Today the Reserve Bank of Australia released the minutes of its August monetary policy meeting.
- In the afternoon, the UK and the Eurozone will announce unemployment rates for the 7th consecutive month and be on the lookout for fluctuations in the pound and the euro.
- the percentage of monthly retail sales for July in the United States, known as "terror data", will be released. Expected value is -0.2%, lower than previous value of 0.6%.
- The World Economic Forum held its special 2021 annual meeting today, until August 20.
- the next day, Fed Chair Powell joined the videoconference.
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