#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Night session market maker contracts closed
As of the close at 2:30, the Shanghai gold market maker contract rose by 0.92%, reported at 778 yuan/gram, the Shanghai silver market maker contract rose by 0.86%, reported at 8285 yuan/k, and the SC crude oil market maker contract fell by 1.09%, reported at 463 yuan/barrel.