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6/1/2021 10:18:00 AM GMT
US futures are UP, Oil is UP, Cryptos are DOWN, 10 Yr is flat.
It’s a new month and the mood is bullish, the VIX remains complacent.
Key data points this week – both the ADP employment and Non Farm Payrolls report.
Next Fed meeting June 15th – 16th. 4 Fed Presidents to speak on Wednesday.
Try the Roman Style Chicken.
It is Tuesday, June 1st – the final month in the 2nd quarter of 2021….and markets remain strong, near their highs, as investors/traders/analysts and economists attempt to decipher what is going on with the economy, the FED, monetary policy, tax policy and infrastructure policy. Futures are higher this morning and the national and global mood is bullish….
LONDON: More than 50 former foreign ministers, prime ministers and senior international figures have penned an open letter condemning efforts to interfere with International Criminal Court (ICC) efforts to investigate alleged war crimes in the Israeli-occupied Palestinian territories. It follows steps by the former Trump administration in the US to sanction court officials.
FRANKFURT: The OPEC oil cartel and allied producing countries have confirmed their plans to return 2.1 million barrels of crude per day of oil output, balancing fears that continuing COVID-19 outbreaks in some countries will sap demand against rising demand from recovering economies around the globe. Energy ministers made the decision during an online meeting Tuesday.
LONDON: A film festival dedicated to showcasing creative talents from the Arab world is set to return to London from July 1 for its sixth instalment. The SAFAR Film Festival, launched by the Arab British Centre, is the only UK festival dedicated to showcasing films from the Arab world. Featuring three premiers, 20 films and a host of talks and events, this year’s edition will
DUBAI: Emirates Skywards, the loyalty program of Emirates and flydubai, is bringing back "tier miles "for members to earn points on everyday spending until the end of the year. The offer allows Abu Dhabi Islamic Bank, Citibank, and Emirates NBD credit card holders to earn tier miles, on top of Skyward miles, on purchases such as online shopping, utility bill payments, and