MAY 02. More lockdown to Beijing…

It’s the first trading day of May but overall, global markets are in a kind of quiet mode.

China is off a whole week for their labor day celebration, Japan is on Gold week holidays and most Islam countries are also off for their Eid Al Fitr week.

But as usual, the USA was busy anyway. It’s FOMC meeting week and now everyone knows FED will raise the rate at least 0.5% this time…

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