Preview of the week starting 6th June 2022
Public Holidays (US, HK & China) No public holidays in the week starting 6th June 2022. News Summary While Johnny Depp occupied big parts of the news following the end of the court case, there are other notable market news that has affected the market: Rising summer airfares Abbott Nutrition restarts production at the Michigan plant Gunmakers and the recent mass shooting Tesla Shanghai started double shift production. More than 130 million people around the world are caught up in crisis and urgently need humanitarian aid. Select a country below to find out how you can help. The strengthening of the US dollar has caused global companies like $MSFT, $KO & $PG to lower their outlook and expectations for 2H 2022. 10-year Treasury note rose four basis points to 2.96%. U.S. economy added 390,000 jobs in May. The unemployment rate came in at 3.6%. Fed should continue with its rate hiking. Adding jobs does not mean better quality of life. Economic Calendar Economic Calendar for the we...