#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 military claimed to have detected two unmanned aerial vehicles near Tel Aviv.
Jinshi data news on October 3, local time on October 3, the Israeli Defense Forces issued a statement that earlier in the morning, an air defense alarm was sounded in the Bat Yam area south of Tel Aviv, and then the military monitored two drones in the area, one of which was intercepted by the military in the sea near Tel Aviv, and the other fell in an open area. As of now, there have been no casualties. Earlier that day, the military issued a statement that it had intercepted a suspicious airborne target in the sea near Tel Aviv in central Israel, but did not trigger an air defense alarm.