🌈🌈Good morning! Happy new week with lots of energy, good work!
1️⃣ The main news over the weekend
The US House of Representatives voted to pass the $ 1.9 trillion stimulus bill.
- The US FDA Advisory Board approved the third Covid19 vaccine.
- Biden will release a statement on Saudi Arabia on Monday.
- Biden ordered airstrikes in Syria.
2️⃣ Notable facts and data this week
- At Monday, New York Fed President Williams will deliver his opening and closing speech at a series of seminars organized by the New York Fed; Governor Brainard Federal Reserve is to deliver a speech on financial stability.
- At Wednesday, Fed Governor Brainard will deliver a speech on diplomatic relations and the economic outlook; at San Francisco Fed President Daley is to speak at a New York Economic Club online event.
At Thursday, Chicago Fed President Evans delivered a speech on current monetary and economic policy.
Fed Chairman Powell is to deliver a speech on the US economy on Friday.
At Saturday, the Fed President in Atlanta, Bostic, will deliver a speech on "macroeconomic policy."
The large and small non-farm reports will be released this week, and the non-farm employment population is expected to grow by 133,000 people after a seasonal adjustment in February in the United States. For now, investors need to pay attention to the trend in US bond yields. In February alone, the yield on a 10-year US Treasury note rose more than 35% and it has increased by nearly 50% since the beginning of the year. The in-depth yield adjustment can put the US dollar under great selling pressure and trigger a strong recovery in gold prices and vice versa.
