Next week's important macro data release nodes are as follows: Monday at 22:00, the monthly rate of wholesale sales in the United States in April; Monday at 23:00, the New York Fed's one-year inflation forecast in May. Wednesday at 20:30, the US CPI data for May. On Wednesday at 22:30, the EIA crude oil inventory, Cushing crude oil inventory, and strategic petroleum reserve inventory in the United States for the week to June 6. Thursday at 20:30, the number of people applying for unemployment be...
According to the AXIOS website, US President Donald Trump is expected to meet with the Syrian president on Wednesday.
Next week's important events and data forecast: Tuesday: U.S. JOLTs open for March. Wednesday: U.S. Quarter 1 real GDP, core PCE price index annualized quarterly rate preliminary, U.S. core PCE price index monthly rate in March; Thursday: The Bank of Japan announces its interest rate decision, and Governor Kazuo Ueda will hold a monetary policy press conference. Friday: U.S. non-farm payrolls and unemployment rates after the April quarterly adjustment.
On Wednesday, Trump told reporters: We're going to Fort Knox to make sure the gold is indeed there. Fort Knox, a US Army base in Kentucky, is known to hold more than half of the US Treasury's gold reserves. In the 1930s, the Treasury moved gold from New York and Philadelphia to Fort Knox to make it more vulnerable to attack. Most of the rest of the gold bars are stored in facilities in Denver and West Point, New York. Previously, Musk had suggested on the X platform that the gold reserves in For...
According to AFP, Ukrainian President Zelensky will visit Saudi Arabia on Wednesday.
Federal Reserve Chairperson Jerome Powell on Wednesday warned against reading too much into data showing the largest month-on-month increase in the consumer price index (CPI) in more than a year, while acknowledging that the reading was significantly higher than expected. "The CPI reading is higher than almost all forecasts, but I just want to remind you of two things," Powell told the House Financial Services Committee hearing. "First, we're not going to get excited about one or two good readin...
Russia's CPI rose by 0.33 percent in the week ending Dec. 23, and inflation this year has reached 9.5 percent, according to the latest weekly data released Wednesday by Russia's National Statistics Agency. The data comes after the Bank of Russia's surprise decision last week to leave its key interest rate unchanged at 21 percent. The regulator said recent tightening policies have created favorable conditions to reduce inflation to its target of 4 percent. Andrei Gangan, head of the central bank'...
On December 7, South Korea's largest opposition party, the Democratic Party, said it would once again propose the impeachment case against President Yoon Seok-yuet at the temporary parliamentary session to be held on December 11, that is, next Wednesday.
Bank of Korea: The Bank of Korea's monetary policy committee will meet early Wednesday to discuss market stabilization measures.
According to sources, Harrison, the chairperson of the Democratic National Committee, will hold an all-staff meeting later on Wednesday to discuss the disappointing election results. Harrison will not seek re-election as Democratic chairperson next year.