{"id":1448,"date":"2021-06-24T09:32:52","date_gmt":"2021-06-24T12:32:52","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1448"},"modified":"2021-06-24T09:32:54","modified_gmt":"2021-06-24T12:32:54","slug":"big-day-for-data-infrastructure-plan-approaches-and-more-conversationmonetary-policy","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/06\/24\/big-day-for-data-infrastructure-plan-approaches-and-more-conversationmonetary-policy\/","title":{"rendered":"Big day for data, infrastructure plan approaches and more conversationmonetary policy"},"content":{"rendered":"\n<p><em>Wyllian Capucci<br>06\/24\/2021<\/em><\/p>\n\n\n\n<p><strong>Claims, stress<\/strong><\/p>\n\n\n\n<p>Initial weekly unemployment claims are expected to drop to less400,000 after last week&#8217;s surprise burst into highs.\u00a0The numbersthis morning may also show the impact of the phasing out of benefitsunemployment increases as of June 12 in some states.\u00a0The dataarrive at 9:30 am, Bras\u00edlia time.\u00a0At the other end of the working day, the FederalReserve will release its latest stress test results when marketsclose, with the six big banks being approved &#8211; paving the way forhigher dividends and share buybacks.<\/p>\n\n\n\n<p><strong>Speeches<\/strong><\/p>\n\n\n\n<p>Democratic and Republican senators drafting an infrastructure plan$559 billion bipartisan to meet with President Joe Biden in the HouseWhite today.\u00a0Any deal would need at least 10 Republican votes to beapproved in the Senate, with tax issues among the main controversies until thetime.\u00a0The Senate group is struggling to reach an agreement beforelawmakers leave Washington on Friday for a two-week break<\/p>\n\n\n\n<p><strong>Monetary policy<\/strong><\/p>\n\n\n\n<p>Today&#8217;s Bank of England decision marks the last meeting of the chief economistof the institution, Andy Haldane.\u00a0Although there are no policy changes expected toto be announced in the 8:00 am decision, the rise in inflation in the UK aboveof the bank&#8217;s target increased speculation about the timing of future tightening.Speaking of hawks, the President of the Federal Reserve Bank of Atlanta, Raphael Bostic,said that he would be in favor of raising rates in 2022 and that the reduction couldoccur in the coming months<\/p>\n\n\n\n<p><strong>Markets go up<\/strong><\/p>\n\n\n\n<p>Global stock markets are rebounding today as stocksgain some momentum after being stagnant for most of the week.Overnight, the MSCI Asia Pacific index added 0.1%, while the Topix index added 0.1%.Japan closed 0.1% below.\u00a0In Europe, the Stoxx 600 Index was 0.7% higher at6:50 am, with increased business confidence in the region.\u00a0The S&amp;P 500 Futurespointed to a strong opening , the 10 &#8211; year Treasury yield was at1.494%, oil was above $73 a barrel and gold was up.<\/p>\n\n\n\n<p><strong>Coming<\/strong><\/p>\n\n\n\n<p>In addition to complaints, we have the third reading of US GDP and goods ordersfirst quarter to May at 9:30 am.\u00a0Kansas City Fed production isat 12:00.\u00a0Mexico&#8217;s central bank announces its latest policy decision at 3 pm.Nike Inc., FedEx Corp.\u00a0and Carnival Corp.\u00a0announce the results.<\/p>\n\n\n\n<p><em>Source:<a href=\"https:\/\/wintrademarkets.com\/\" data-type=\"URL\" data-id=\"https:\/\/wintrademarkets.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/wintrademarkets.com\/<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wyllian Capucci06\/24\/2021 Claims, stress Initial weekly unemployment claims are expected to drop to less400,000 after last week&#8217;s surprise burst into highs.\u00a0The numbersthis morning may also show the impact of the phasing out of benefitsunemployment increases as of June 12 in some states.\u00a0The dataarrive at 9:30 am, Bras\u00edlia time.\u00a0At the other end of the working day, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1208,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1448","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hft"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1448"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1448\/revisions"}],"predecessor-version":[{"id":1449,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1448\/revisions\/1449"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1208"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}