2024.06.03 (Monday
Macro Daily: Stormy Waves
Focus on the Market and Important Events
- Shock! Israel said it agreed to Biden's Gaza ceasefire plan, but said the agreement was flawed.
- Wow! OPEC+ extended production cuts and plans to gradually restore supply.
This week's highlights:
- Domestic: May import and export data on Friday, or worse than expected.
- Overseas:
- On Tuesday, the US April JOLTs job vacancies were dazzling.
- On Wednesday, the US May ADP employment figures were shocking.
- On Friday, the US May non-farm data attracted attention. Goldman Sachs warned that employment data would determine the outcome.
- On Thursday, the ECB's interest rate decision was in turmoil.
- On Monday, the US May ISM manufacturing PMI came.
- On Wednesday, the US May ISM non-manufacturing PMI debuted.
- The Federal Reserve's interest rate meeting on June 12, June 8 The day fell silent, and the officials spoke frantically in the last week.
