1️⃣ Yesterday's main news
- Tuesday's spot gold plummeted $25 within an hour before the US session, close to breaking the $1750 mark.
- The president of the Federal Reserve Richmond in the United States stated that the labor market has not yet returned to pre-pandemic levels and hopes to slow down the pace of asset purchases after seeing more progress in market work.
- The president of the Minneapolis Federal Reserve predicts that the US economy is still far from a full recovery and the number of jobs will increase after the summer.
Excess cash will boost Fed overnight reverse repurchases demand to a record high on Tuesday.
- US economic data overnight: Consumer confidence index in June hit a new high since the epidemic and the increase exceeded expectations.
U.S. President Biden vowed on Tuesday to continue pressuring Congress until Congress has passed a bipartisan infrastructure deal and a larger tax and spending bill to advance the program. its other governance agenda.
- OPEC+ postponed the meeting of the Joint Ministerial Monitoring Committee for one day to Thursday, to give the countries more time to resolve their differences.
- OPEC Secretary-General declares that the oil market is important Uncertainty requires oil-producing countries to be cautious.
- The Central Bank of Russia will start testing the digital ruble in January 2022.
2️⃣ Notable economic events and data today
- The US will publish ADP employment numbers for June. The previous value was an increase of 978,000 and the forecast value was an increase of 600,000. Investors pay attention to this data liệu
- The US will announce the EIA of crude oil inventories until the end of the week on June 25.
- Early tomorrow morning, the voting committee of the FOMC 2021 and Fed Chairman Richmond Barkin will participate in a roundtable with the theme "The view of the Hispanic communities on the impact of the economy and the epidemic".
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