#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
The trading volume of 6 Hong Kong virtual asset ETFs today was 13.0865 million HKD.
[6 Hong Kong virtual asset ETFs have a turnover of HK $13.0865 million today] Hong Kong stock market data shows that as of the close, Today, the trading volume of 6 Hong Kong virtual asset ETFs was HK$13.0865 million, of which: ChinaAMC Bitcoin ETF (3042.HK) with a trading volume of HK$9.84 million, ChinaAMC Ethereum ETF (3046.HK) with a trading volume of HK$1.37 million, Harvest Bitcoin ETF (3439.HK) with a trading volume of HK$533,600, Harvest Ethereum ETF (3179.HK) with a trading volume of HK$103,100, Bosera CEX Bitcoin ETF (3008.HK) with a trading volume of HK$838,600, and Bosera CEX Ethereum ETF (3009.HK ) was HK$401,200.