Concerned about the Fed’s release of the opportunity to raise interest rates in June

The economic data that will be released this week in the United States is mainly retail sales in April, and the speeches of many Fed officials are also the focus of the market. Even more noteworthy are the progress of negotiations between the United States, Canada, and Mexico on the North American Free Trade Agreement (Nafta). The Speaker of the US House of Representatives, Ryan, claimed to seek to use the 17th of this month as a “deadline” and that Congress needs to receive it on or before this date. Notice for approval.

Global financial focus this week

Market participants believe that Nafta’s negotiation is relatively easy compared with China’s trade relations. In particular, the issue of intellectual property rights, if successful in reaching a revised agreement, is positive news for the big market.

Data released last week showed that U.S. inflation was more modest than market expectations. From this week’s speech by the Federal Reserve Bank of Australia Chairman Williams and director Briand, it is possible to explore the Bureau’s assessment of inflation.

According to a Wall Street Journal survey, as many as 98% of economists surveyed estimate that the Fed will raise interest rates in June, giving an average of 85% chance; about 76% of economists expect the authorities to raise interest rates again in September, with an average chance. There are also 64%; the expectation that the authorities will wait until December before raising interest rates is only 19%.

Japan’s GDP fell 0.1%

According to S&P Dow Jones index company statistics, the company’s index component companies that have announced their first quarter results have repurchased a total of US$158 billion in the first quarter, which is expected to be the largest season since 1998. Nearly three-quarters of the index’s constituent stocks that bought back the most shares in the first quarter outperformed the benchmarks this year, with an average increase of 5.2%. According to the Bank of America Merrill Lynch, the first quarter US exchange-traded funds (ETFs) and mutual funds had invested $29.4 billion, the most since a six-year period. Analysts believe that if there is no support for corporate repurchases, US stocks will perform even worse.