Date | 5:42am | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | ||
---|---|---|---|---|---|---|---|---|---|---|
5:42am | Actual | |||||||||
Sun Jun 2 | ||||||||||
Sun Jun 2 | All Day | All | OPEC-JMMC Meetings | |||||||
All Day | All | OPEC Meetings | ||||||||
All Day | NZD | Bank Holiday | ||||||||
7:50pm | JPY | Capital Spending q/y | 12.2% | 16.4% | ||||||
8:30pm | JPY | Final Manufacturing PMI | 50.5 | 50.5 | ||||||
9:00pm | AUD | MI Inflation Gauge m/m | 0.1% | |||||||
9:30pm | AUD | ANZ Job Advertisements m/m | 2.8% | |||||||
9:45pm | CNY | Caixin Manufacturing PMI | 51.6 | 51.4 |
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There are two forces that shape the investment climate, politics, and economics, and they are both at the fore in the coming weeks. Among the highlights will be the European ...
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For nearly 20 years of my life, I looked with great anticipation to the time of the year when April rolled into May and June. The explosion of spring and the approach of summer were wonderful. But, more importantly, this meant that graduation season had arrived. As a professor at the University of Southern California, it was again time to don my cap and gown and celebrate the amazing accomplishments of an amazing group of people. It was my happiest time of the year. At graduation, no matter where it is, everybody seems to be floating on air, almost dancing. Maybe the electric slide? Now I have to tell you, I was a little bit afraid to use that reference, as it might show my age. Do you guys know that dance? Don't worry, I'm not going to demonstrate. At least not in this cap and gown. Can you imagine this hood on that hard turn to the right?! Now I recognize the youngsters in the crowd here might gravitate to a different step, but please bear with this Gen Xer. My overarching point is this: it is a great personal privilege to share in the pride, joy, and excitement this evening brings. Congratulations to the class of 2024! I know that it has taken a lot of effort to get here. You graduates definitely worked hard. But let's not forget the sacrifice from all the others: friends, family, mentors, teachers, administrators. This is truly a team effort. Let me give a particular shout-out to President Jermaine Whirl, who is presiding tonight. And thank you, Dr. Whirl, for inviting me to speak. I've gotten to know Dr. Whirl in his capacity as an adviser to the Atlanta Fed, and I have to say that you've got a special man here. Now, you just heard my bio, so you know I'm an economist. That may have triggered an "uh-oh" in your mind. Well, don't worry. I'm not going to give a dull economics lecture. I'll leave those discussions for TV interviews. I'm not even going to talk about interest rates. It wouldn't much matter if I did, though, as I'd only be speaking for myself and not for the Fed or any of my Fed colleagues across the country. Tonight is about you. You are about to embark on a wonderful journey, full of twists and turns, for sure. But this journey will also present you with opportunities broader and more diverse than you could imagine. You can't know this right now, but you will have chances to be more than you think, to be bigger than you think, to be more impactful than you think. I know because it's happened to me. Take this job, for example. Being a Federal Reserve Bank president was nowhere on my dream job list 10 months before I started doing it. I was contacted in August, offered the job in March, and was in the job, living in the South for the first time in June of 2017. The same goes for my time in the Obama Administration. In the 2008 election Americans chose Barack Obama as their leader, and I didn't think too deeply about it. I was doing my professor gig. I was happy teaching students like you and doing research on housing. At the time, the country was in the midst of a housing crisis. But I was still surprised when I got a call in December from Washington asking if I would be willing to meet with folks about a leadership role in the Administration. Well, I was confirmed by the Senate in the late spring and started work in the summer. That all happened in just seven months, folks! You may be wondering why that surprised me. After all, it was during a housing crisis, as I mentioned, and I was a housing expert. Well, the truth was that I didn't see myself that way. Like many of you, I figured my only direct connection to presidential and federal policy was voting. I couldn't imagine myself in a bigger-picture role. My view of what was possible was limited to what I saw and knew. I was where you are now. So, having been in your shoes, let me offer two pieces of advice. First, be open to the unexpected. People will see things in you that you haven't seen in yourself, post: FED'S BOSTIC: NO COMMENT ON MONETARY POLICY IN SPEECH TEXT
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It’s been one of those weeks that’s all about the details. The weekly bar of the US Dollar is currently showing as a spinning top but that doesn’t really tell the story of the ...
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A Tesla shareholder filed a lawsuit on Thursday (May 30) accusing CEO Elon Musk of insider trading when he sold over US$7.5 billion of shares of the electric car maker in late ...
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HFM, one of the biggest brokers regulated by the South African authorities and a global broker of choice, has been honored with the ‘Best Copy Trading Broker Award’ at FMAS:24 in ...