#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 US-Japan tariff negotiations continue to advance, and both sides may announce an agreement during the G7 summit.
Deep tide TechFlow news, on June 6, according to Golden Ten data, Japan and the United States have started the latest round of trade negotiations. According to media reports, the Japanese delegation is trying to fight for an exemption from the U.S. tariffs by pledging to produce more cars in the United States, as well as strengthening cooperation in the field of rare earths. On Thursday, Japan's trade negotiator, Ryo Akazawa, held talks with U.S. Commerce Secretary Lutnick in Washington, where the two sides exchanged views on specific issues such as non-tariff barriers and expanding trade and economic and security cooperation. Ryomasa Akasawa is expected to return to Japan on Sunday after concluding what could be the last round of work discussions before the G7 summit, Japan's cabinet secretariat said in a statement. Mr. Ishiba and Mr. Trump recently held two phone calls, and the two were expected to announce an agreement during the summit. Since the early stages of negotiations in April this year, Japan has proposed to the United States a mechanism whereby the production of cars produced by Japanese companies in the United States increases, while vehicles exported to the United States increase, then the 25 percent auto tariff will be cut proportionally, the Asahi Shimbun newspaper reported on Friday. According to the report, Japan still wants the United States to completely eliminate tariffs, but also sees the reduction of tariffs as an alternative option.