1️⃣ Yesterday's main news
- Fed Daley: Either cut debt purchases later this year or early next year.
- US bipartisan infrastructure bill will "suck" about $23 billion from crypto assets.
- Initial jobless claims in the US recorded 385,000 last week.
- Biden sets new energy vehicle sales to account for 50% of all new car sales by 2030.
- World Gold Council: The global gold ETF in July currently has a small net inflow.
- Bank of England: Continue to maintain current monetary policy and implement appropriate tightening measures if necessary.
The FDA is developing a plan to boost the Covid19 vaccine.
2️⃣ Financial facts and data today
- the Reserve Bank of Australia issued a statement on monetary policy.
- the US unemployment rate for July is expected to be 5.7% and the previous value is 5.9%; Nonfarm employment population in the United States after seasonal adjustment in July, the expected value is an increase of 870,000, and the previous value is an increase of 850,000. The nonfarm report could point to the direction of the Taper debate ahead of the Fed's rate decision in September.
- the monthly US wholesale rate for June, both expected value and previous value is 0.8%.
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