Important events and data forecast for next week: The Federal Reserve officials will speak intensively, and the US Non-farm Payrolls (NFP) data for May will be released:

Next week, multiple officials including Federal Reserve Chairman Jerome Powell will speak intensively:

On Monday at 08:00, Federal Reserve Governor Waller will speak on the economic outlook at the 2025 Bank of Korea International Conference;

At 00:45 on Tuesday, 2025 FOMC member and Chicago Fed President Goolsbee participates in a Q&A event;

Tuesday 01:00, The Federal Reserve (FED) Chairman Powell delivers the opening speech at an event;

On Wednesday at 00:45, 2025 FOMC voting member and Chicago Fed President Goolsbee will participate in a Q&A event.

On Wednesday at 20:30, 2027 FOMC voting member and Atlanta Fed President Bostic, along with Federal Reserve Governor Lisa Cook, will attend the "Federal Reserve Listening" event;

Thursday 02:00, The Federal Reserve (FED) releases the Economic Situation Beige Book;

On Friday at 00:00, Federal Reserve Governor Koger delivered a speech at the New York Economic Club;

On Friday at 01:30, 2026 FOMC voting member and Philadelphia Fed President Harker will speak on the economic outlook;

In terms of macro data, on Friday at 20:30, the United States will announce the May unemployment rate, the seasonally adjusted US Non-farm Payrolls (NFP) for May, and the year-on-year/month-on-month average hourly wage data for May. According to the median from a Bloomberg survey, after unexpected employment growth in March and April, economists expect an increase of 125,000 in May. This will keep the average increase over the past three months at a robust level of 162,000. The unemployment rate remains at 4.2%.