#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 Fear and Greed Index rose to 62 today, shifting to a "Greed" state.
According to Deep Tide TechFlow news on June 8, data from Alternative.me shows that today's Crypto Assets Fear and Greed Index has risen to 62 (yesterday the index was 52), indicating that the market has turned to a "greed state."