Next Week Macro Outlook: US-Iran Agreement May See "Phase One Deal," US-Japan Interest Rate Path Expected to Become Clearer

BlockBeats News, May 24th. After nearly three months of conflict, Iran, the United States, Pakistan, and several foreign media all signaled on Saturday that negotiations have made progress, showing that all parties are moving towards phased results. Next week, if this trend continues to be confirmed and implemented, the capital market may see a return of risk appetite, and US stocks and cryptocurrencies may experience a rebound.

On a macro level, officials from the US and Japan central banks will deliver speeches next week, further clarifying the interest rate expectations for the next phase:

Tuesday, 22:00, US May Conference Board Consumer Confidence Index;

Wednesday, 08:00, Bank of Japan Governor Kuroda speaks at the Bank of Japan's Monetary Policy Meeting;

Wednesday, 20:15, ADP Employment Change for the week ending May 9th in the US;

Thursday, 20:30, Canada's Q1 current account, US initial jobless claims for the week ending May 23rd, US April Core PCE Price Index YoY, US personal income for April, US Q1 Real GDP Annualized QoQ revised value, US April Core PCE Price Index MoM, US April durable goods orders MoM;

Thursday, 20:55, FOMC Permanent Voter, New York Fed President Williams delivers a keynote speech at a conference organized by the Central Bank of Iceland;

Thursday, 22:15, 2028 FOMC Voter, St. Louis Fed President Musalem delivers a speech;

Friday, 07:30, Japan April Unemployment Rate;

Friday, 18:50, 2028 FOMC Voter, Kansas Fed President Schmid speaks;

Friday, 21:10, Federal Reserve Board Member Bowman speaks.

In addition, on Monday (May 25th), the US stock market will be closed for Memorial Day, trading of COMEX precious metals and WTI crude oil futures contracts will be suspended at 02:30 on May 26th Beijing time, and trading of US stock and bond futures contracts will be suspended at 01:00 on May 26th Beijing time; trading of ICE Brent crude oil futures contracts will end early at 01:30 on May 26th Beijing time.