Top 5 Business News to Watch Out for on June 13
June 13 is a big day in the business world. Several important events are taking place that could have a major impact on the global economy. Here are the top five business news to watch out for on June 13.
1. Federal Reserve Meeting
The Federal Reserve is scheduled to have a two-day meeting starting on June 12, with a decision on interest rates expected on June 13. Many market participants are expecting the Fed to raise interest rates in June, as the economy continues to show signs of strength. This decision could have significant implications for the stock market and the bond market, as well as for the overall economy.
2. US-North Korea Summit
The US-North Korea summit is scheduled to take place in Singapore on June 12, with President Trump and North Korean leader Kim Jong-un expected to attend. This historic meeting has the potential to not only impact international relations but also to influence global markets. A positive outcome could lead to a boost in the stock market, while a negative outcome could lead to a sell-off.
3. G7 Summit
The G7 summit is set to take place on June 8-9 in Quebec, Canada. The meeting is expected to address a range of global economic issues, including trade, climate change, and energy. The outcome of the G7 summit could have a significant impact on the global economy, particularly in the areas of trade and investment.
4. E3 Expo
The Electronic Entertainment Expo, or E3, is an annual event where video game publishers and developers showcase their upcoming games and hardware. This year’s E3 takes place from June 12 to June 14 in Los Angeles and is expected to feature a range of new games, console updates, and other announcements. While not directly related to the world economy, the gaming industry is a major player in the global entertainment market, making it worth watching.
5. Bitcoin Futures Expiration
June 13 marks the expiration date for the CME Group’s June Bitcoin futures contract. Bitcoin futures have been a contentious issue in the financial world, with some experts predicting that they could help stabilize the cryptocurrency market while others have raised concerns about their impact on market volatility. The expiration of the June contract could have an impact on the cryptocurrency market as a whole, and by extension, the global financial system.
In conclusion, June 13 is a big day in the world of business. From the Federal Reserve meeting to the US-North Korea summit and the Bitcoin futures expiration, there are several events taking place that could alter the course of the global economy. Keep a close eye on these events and their outcomes to stay informed and make smart investment choices.
