Market news: Saudi Arabia established a $3 billion Saudi-Iraq investment company.

South African central bank: South African rand is highly likely to depreciate further.

Market news: Fund managers reject plans to force pensions into UK growth funds.

Russia’s central bank’s gold and foreign exchange reserves for the week ending May 19 were $589.3 billion, compared with the previous value of $599.5 billion.

The yield on six-month U.S. Treasury notes due on June 1 fell below 7 percent to 6.948 percent after the economic data was released.

Institutions comment on U.S. initial jobless claims data: U.S. Treasury yields rose as the number of initial jobless claims fell short of expectations. Initial market reaction suggested the data strengthened bets on tighter monetary policy.

Market news: First Republic Bank has offered a total of $10 million in compensation incentives to dozens of employees.

Finnish government: will send additional military equipment to Ukraine, including anti-aircraft weapons and ammunition.

U.S. Treasury bonds continued to fall, with the 2-year yield rising 13 basis points to 4.50%.

The financial website Forexlive commented on the initial data of the United States: changes in inventory and government spending largely explained the rise in GDP, but they are not particularly related to the underlying economic trend. The dollar strengthened after the data, but that was driven more by initial jobless claims than GDP.

In the first quarter of the United States, the annual rate of the PCE price index was revised to 4.9%, and the previous value was 4.9%.

In the first quarter of the United States, the annual rate of the core PCE price index was revised to 4.7%, and the previous value was 4.7%.

U.S. Treasury yields rose on the data release, with the 10-year yield up 3.80 basis points to 3.757%.

The U.S. dollar index DXY rose by more than ten points in the short term and is now at 104.12.

The annualized real GDP of the United States in the first quarter was 20246.4 billion U.S. dollars, and the previous value was 20235.9 billion U.S. dollars.

USD/JPY rose 25 points in the short term and is now at 139.45.

In the first quarter of the United States, the GDP price index was revised to 4.2%, which was expected to be 4.00%, and the previous value was 4.00%.