#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 market maker contract closing
Jin10 data May 16 news, as of the 2:30 closing, the Shanghai gold market maker contract rose 1.22%, reported 754 yuan/gram, the Shanghai silver market maker contract rose 1.02%, reported 8134 yuan/kilogram, SC crude oil market maker contract fell 3.53%, reported 462 yuan/barrel.