BlockBeats News, June 1st, here are the key points the market will focus on in the new week (all times are in Beijing time):
Multiple officials including Fed Chair Powell to speak intensively next week:
Monday 08:00, Fed Governor Waller speaks on economic outlook at the 2025 Bank of Korea International Conference;
Tuesday 00:45, 2025 FOMC Voter and Chicago Fed President Evans participates in a Q&A session;
Tuesday 01:00, Fed Chair Powell delivers opening remarks at an event;
Wednesday 00:45, 2025 FOMC Voter and Chicago Fed President Evans participates in a Q&A session;
Wednesday 20:30, 2027 FOMC Voter and Atlanta Fed President Bostic, along with Fed Governor Lael Brainard, attend a "Fed Listens" event;
Thursday 02:00, Fed releases Beige Book on economic conditions;
Friday 00:00, Fed Governor Quarles speaks at the New York Economic Club;
Friday 01:30, 2026 FOMC Voter and Philadelphia Fed President Harker speaks on economic outlook;
On the macro data front, Friday 20:30, the U.S. will release May unemployment rate, May seasonally adjusted non-farm payrolls, and May U.S. average hourly earnings YoY/MoM data. According to the median of a Bloomberg survey, after stronger-than-expected job growth in March and April, economists expect a gain of 125,000 jobs in May. This would keep the three-month average increase at a robust 162,000. The unemployment rate is expected to hold steady at 4.2%.
