First Trading Day in June is Full of Reports and Potential Volatility + Levels for June 1st
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
The US is in a period of high economic uncertainty. Over the coming days, we are expecting potential increased volatility across markets as the US government vote on the US debt ceiling deal by Wednesday evening (US Eastern Time).
Days to consider
• May 31: US House to vote
•May 31 or later: US Senate consideration
•June 5: Projected the “X-date” for default
Many reports are due tomorrow, the first trading day of the month/ June. Make sure to check out the reports section below.
Also keep in mind that due to Memorial weekend we just observed, crude oil numbers will be out tomorrow at 11 AM eastern
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Futures Trading Levels
Economic Reports, Source:
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