Fed Governor Jefferson: Demand is clearly starting to feel the impact of rate hikes.

Federal Reserve Governor Jefferson: Monetary policy should be forward-looking.

Fed Logan: I will keep an open mind and continue to watch the data ahead of the June FOMC meeting.

The U.S. 2-year Treasury yield rose 10 basis points to 4.256%.

U.S. Climate Prediction Center (CPC): The probability of above-normal temperatures is greatest in the Southwest (60-70%), and the probability of above-normal temperatures is 50-60% in coastal areas from Texas to New England.

The US Climate Prediction Center (CPC): It is expected that in June, July, and August 2023, temperatures will be higher than normal in the western, southwest, southeastern, and eastern coasts of the United States to New England.

The US Climate Prediction Center (CPC): The conditions for the formation of El Niño and the Southern Oscillation are currently observed.

The Italian industry ministry said the Saudi sovereign fund was ready to invest further in Italy.

According to a related statement, the Italian industry minister urged the Saudi sovereign fund to invest in the forthcoming Italian strategic corporate fund.

Market News: Credit Default Swaps (CDS) Panel Asked About Credit Suisse Insolvency Event.

[Organizations comment on U.S. initial jobless claims data] Following "falsely" inflated data in previous weeks, the number of people filing for unemployment benefits in the U.S. hit the biggest drop since 2021. Initial claims for state unemployment benefits fell by 22,000 to 242,000 for the week ended May 13, the Labor Department said on Thursday. Continuing claims fell slightly to 1.8 million in the week ended May 6. Some economists have been wary of drawing strong conclusions from the data amid reports that fraudulent filings are behind the recent trend in jobless claims. Massachusetts accounted for nearly half of the national increase in unadjusted applications for the week ended May 6, which state officials said was largely due to fraud.

U.S. Treasuries extended losses, with the 10-year yield rising to a session high of 3.62%.

After the release of the initial U.S. data, the short-term decline of EUR/USD expanded by more than 20 points to 1.0793; GBP/USD fell 23 points to 1.2425 in the short term.

In May, the Philadelphia Fed Manufacturing Shipment Index was -4.7, the previous value was -7.3.

In May, the Philadelphia Fed manufacturing price index was -7, the previous value was -3.3.