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

On June 1, here are the key points that the market will focus on in the new week (all Beijing time): A number of officials including Powell of the Federal Reserve will speak intensively next week: at 08:00 on Monday, Fed Governor Waller speaks 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; At 01:00 on Tuesday, Fed Chair Jerome Powell delivers opening remarks at an event; At 00:45 on Wednesday, 2025 FOMC voting committee member and Chicago Fed President Goolsbee participates in a Q&A event; At 20:30 on Wednesday, 2027 FOMC Voting Committee, Atlanta Fed President Bostic, Fed Governor Lisa Cook attend the “Fed Listens” event; At 02:00 on Thursday, the Federal Reserve publishes the Beige Book on Economic Conditions; At 00:00 on Friday, Fed Governor Coogler spoke at the Economic Club of New York; At 01:30 on Friday, 2026 FOMC member and Philadelphia Fed President Harker speaks on the economic outlook; On the macro data front, at 20:30 on Friday, the US released the unemployment rate for May, the seasonally adjusted non-farm payrolls for May, and the average hourly wage in the US for May. According to the median of the Bloomberg survey, economists expect an increase of 125,000 in May after job growth in March and April exceeded expectations. This would keep the average increase over the past three months at a solid level of 162,000. The unemployment rate remained at 4.2%.