Overnight global news you need to know on Thursday

[overnight global news you need to know on Thursday] Us President Joe Biden will make a statement on the debt ceiling on Wednesday evening local time, according to the White House. Biden is expected to receive the debt ceiling bill by June 5. 2. McCarthy will hold a press conference on the debt ceiling bill at 9:15 local time on Wednesday. 3. The US House of Representatives approved the debt ceiling agreement in a procedural vote on the rules of plenary discussion, which will be submitted to the full House of Representatives for a vote. 4. The US Treasury's cash balance fell to $37.4 billion on May 30, the lowest since 2017. 5. European and American stock markets fell across the board, with the Nasdaq down 0.63% and up 5.8% in May; the S & P 500 fell 0.61% and 0.25% in May; and the Dow fell 0.41% and 3.49% in May. Among them, the Nasdaq and the S & P 500 index rose three months in a row. 6. The US Treasury plans to issue ultra-short-term cash management bills to deal with the debt ceiling. 7. The Federal Reserve's beige book shows that economic activity in the United States was basically flat in April and May, and the outlook for future economic growth deteriorated slightly. 8. Us federal funds rate futures are currently betting that the Fed will raise interest rates in June at 1/3, less than the 67 per cent probability before Fed governor Jefferson spoke. 9. Jefferson, governor of the Federal Reserve, said that if interest rates are not raised in June, it does not mean that interest rates have reached their peak. 10. Fed Huck said he preferred to skip a rate hike in June rather than suspend it. 11. The settlement price of international crude oil futures fell by more than 1%. WTI's July contract fell 1.97 per cent, while the main continuous contract fell 10 per cent in May. Brent crude fell 1.2% in July, while the main contract fell 8.38% in May. 12. The United States will provide Ukraine with a new batch of military assistance, including ammunition for air defense systems, "Hema" rocket systems and anti-armor systems. 13. Apple says transactions in its App Store App Store will grow 29% to $1.1 trillion in 2022. Tesla plans to show off the modified Model 3 model when Musk visits Shanghai. 15. Boeing said that the Federal Aviation Administration is expected to begin flight testing of the MAX 10 aircraft within this year. Salesforce's first-quarter revenue was $8.25 billion, with analysts expecting $8.18 billion; it still forecasts full-year revenue of $34.5 billion to $34.7 billion. 17. OpenAI announced that it will combat the AI fantasy and will use the latest methods to train the AI model. Ford recalled 145222 vehicles in the United States and overseas territories. The settlement price of COMEX June gold futures closed up 0.3% and fell 1.71% in May. The size of the Fed's reverse repo tool was $2.255 trillion on Wednesday.