1️⃣ Yesterday's main news
- The US Treasury Department sharply increased its quarterly loan estimate to $ 463 billion.
- Powell said the US economy is not out of trouble yet.
- The White House assists Pfizer in exporting vaccines.
- US April ISM production data did not meet expectations.
- The Fed's key interest rates drop to the lowest level in a year.
2️⃣ Facts and important data today
- At today, the Reserve Bank of Australia announced its decision on interest rates, the market expects that the Reserve Bank of Australia will stand, but the monetary policy statement may remain dovish, This is expected to be negative against the Aussie dollar.
- In the early morning of 2021, the FOMC voting committee and the San Francisco Fed chairman will deliver a speech, investors can focus on their opinion of the policy direction.
- G7 foreign ministers meeting is held today, and the time will be determined.
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