1️⃣ Yesterday's main news
- Fed Resolution: The economy has made progress towards reducing QE.
- The US Senate voted to push for a $550 billion cross-party infrastructure deal.
- Crude oil inventories at the US EIA fell more than expected in the week to July 23.
- The US goods trade deficit widened to the second highest in history in June.
- Japan's newly confirmed cases in just one day hit a record high
- WTO member countries failed to reach consensus on relinquishing Covid19 vaccine patents.
2️⃣ Today's Financial Facts and Data
- At today will release the number of initial jobless claims from the United States through July 24. The previous value is 419,000 and the forecast value is 380,000. At the same time, the initial value of the annual U.S. real GDP rate calculated in the second quarter, the initial value of the quarterly real U.S. personal spending rate in the second quarter, and the initial value The top of the US core PCE price index is calculated annual quarterly rate in the second quarter will be published.
- At the next morning, U.S. President Biden will give a speech on accelerating vaccinations
Reference/Take more related updates: https://www.moneylifeconsulting.com/
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