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On January 16, the Sixth China-ASEAN Digital Ministerial Meeting adopted the "China-ASEAN Digital Cooperation Plan 2026," which specifies the establishment of the China-ASEAN Digital Academy and the China-ASEAN Artificial Intelligence Industry Innovation Center within the year, and the commencement of exchanges and cooperation in areas such as digital and information and communication infrastructure, open source, and digital security. The meeting also adopted the "China-ASEAN Action Plan for Building a Sustainable and Inclusive Digital Ecosystem (2026-2030)," outlining strengthened cooperation between the two sides over the next five years in policy exchanges and strategic alignment, digital infrastructure construction, and the innovative application of emerging digital technologies.January 16th - Commerzbank analyst Michael Pfister stated that despite ongoing challenges to the UK economy, Thursdays unexpectedly positive November economic growth data provided a positive signal for the pound. The data showed that the UK economy grew by 0.3% in November. While concerns about fiscal austerity in the November budget remain, the economy still recorded robust growth. Therefore, fears of a recession and further interest rate cuts may be premature. Labor market and inflation data will be released next week, with the latter being particularly crucial for the pounds performance in the coming weeks.Data shows that Russias seaborne petroleum product exports in December increased by 17% compared to November.Kremlin: Putin spoke with the Iranian president by phone and will continue efforts to ease regional tensions.French Prime Minister Jean-Yves Le Cornu will speak on the 2026 budget later on Friday.

The E-mini Dow Rises Over 33357 and Falls Below 33198

Cameron Murphy

May 05, 2022 10:31


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The June E-mini Dow Jones Industrial Average futures are trending upward just ahead of the US Federal Reserve's monetary policy and interest rate announcements on Wednesday. 


A surge in US Treasury rates, as well as a widely predicted interest-rate hike by the Fed, which might be the largest since 2000, are helping to limit gains.


June E-mini Dow Jones Industrial Average futures are trading at 33161, up 128 points or 0.39 percent, at 17:09 GMT. The SPDR Dow Jones Industrial Average ETF (DIA) is now trading at $332.33, up $1.08 or 0.33 percent from its previous close.

On-Demand Federal Reserve

At 18:00 GMT, the Federal Reserve will deliver its policy statement. Fed members have telegraphed a two-pronged decision that would raise the Fed's short-term target policy rate to a range of 0.75 percent to 1 percent while also kicking off a strategy to reduce the $9 trillion balance sheet.