Nonfarm payrolls to be released tomorrow, US stock market closed on Friday
Golden Ten Data reported on July 1 that, due to the US Independence Day holiday (July 3), the US June Non-Farm Payrolls data will be released early at 20:30 on July 2 (Thursday) Eastern Eight District time. US stock markets will close for one day on July 3 (Friday). Precious metals, energy, forex, US Treasury, and stock index futures contracts under CME will end trading early at 01:00 on July 4 Eastern Eight District time. Brent crude oil futures contracts under ICE will end trading early at 01:30 on July 4 Eastern Eight District time. Investors are advised to pay attention to these changes.
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The Federal Reserve releases another "minimal statement"; full text compared with the Fed's September meeting statement
On September 16, the Federal Reserve announced a 25 basis-point interest rate hike, raising the target range for the federal funds rate to 3.75%–4.00%, with unanimous approval from all 12 votes. Compared to the July statement, this statement removed the specific mention of the "Middle East conflict," replacing it with "developments in geopolitical situations." It also added the phrase "domestic spending remains resilient," and simplified the language regarding inflation to "remains elevated." Overall, the communication style continues the minimalist approach of the new Chairman Walsh.
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