#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
Industry insiders: The Hong Kong stock market is expected to break the discount cycle.
Jin10 reported on June 6th that institutional individuals generally believe that the increasing trend of A-share companies listing in Hong Kong will have a profound impact on the Hong Kong stock market in all aspects, and is expected to inject new vitality into the market. Currently, the Hong Kong stock market has a combination of valuation safety margins, industrial upgrading momentum, and liquidity support, highlighting its medium to long-term allocation value. (China Securities Journal)