Wednesday, 1 September 2021

Check out the news that happened in the last 24 hours

 1️⃣ Yesterday's main news

 - New York Federal Reserve: Some institutions may apply to become partners in perpetual repurchase agreements.

 - The US government intends to increase the supply of affordable housing.

 - European Central Bank Regulatory Commission: plans to end the purchase of anti-epidemic emergency bonds in March next year.

 - OPEC: The oil supply gap is expected to close to 400,000 bpd in December of this year.

 An oil tanker is stuck off the coast of Louisiana, USA.

 - South Korea's National Assembly passed the "Anti-Google Act", the first law against the payment hegemony of tech giants.

 2️⃣ Today's Financial Facts and Data

 - the number of ADP jobs in the United States for August. The forecast value is an increase of 625,000 and the previous value is an increase of 330,000.

 - the OPEC and non-OPEC ministerial meeting will be held for the 20th time. Kazakhstan said it plans to discuss the parameters of the OPEC+ oil production agreement at the OPEC+ meeting.

 - EIA crude oil inventories in the United States for the week to August 27 will be released, the previous value decreased by 2.98 million barrels.

 - the FOMC voting committee and Fed President in Atlanta, Bostic will give a speech on the theme "Achieving an Inclusive Economy".

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