Powell appears to have allayed concerns about his shift to rate hikes, but it doesn't sound like he's looking for the next opportunity to cut rates either.
Gold once again points to a new high, where is the bull's target? US oil returns to the downward channel, trend line support may play a role; this week's European Central Bank meeting is limited to the euro? There is still a lot of room for correction in the pound...
Kuwait Petroleum Company: Announces discovery of new "giant" oil field with more than 3 billion barrels of reserves.
Kuwait Petroleum Corporation said the newly discovered oil reserves are equivalent to three years of the country's overall production.
On July 3rd, the US ADP employment figures for June will be released at 20:15 tonight, and the Federal Reserve will release meeting notes at 2:00 am the next day. Last night, Powell's speech was slightly dovish and said that the sudden deterioration in employment growth may affect the timing of interest rate cuts. Will small non-farmers send the first warning signal to the Federal Reserve tonight? At that time, the market may fluctuate violently, so investors should pay attention to the relevant...