#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
Trump will reach an agreement with China and the EU: It could be a lifeline for Bitcoin! - Coin Bulletin
US President Donald Trump stated that he is optimistic about reaching a trade agreement with the European Union (AB) and also securing a very good trade agreement with China.
The President of the USA Donald Trump expressed that he believes a trade agreement will be made with the European Union before the 90-day extension period expires (AB). Trump stated, "It will be a 100 percent trade agreement," confirming the certainty of the agreement.
Trump, before his meeting with Italian Prime Minister Giorgia Meloni at the White House, made statements to journalists. Pointing out that the agreement on tariffs based on reciprocity with the EU would be in the interests of both parties, Trump said, "They really want to make a deal, and we will make a trade agreement. Of course, it will be fair." He also noted that they have had many meetings with other countries, emphasizing that there are no major obstacles to making agreements with Europe and other countries.
Trump's vision for trade with China: "We will make a very good deal"
The President of the USA also made statements regarding trade negotiations with China. Trump said he expects to make a very good trade deal with China and believes there will be a positive development in this matter. He also mentioned that his relationship with Chinese President Xi Jinping is strong and that the agreements reached between the two countries will positively affect global trade.
These developments are thought to provide stability in financial markets alongside the reshaping of global trade, potentially rekindling interest in digital assets such as Bitcoin (BTC). Agreements with the EU and possible trade improvements with China are said to enhance investor confidence, potentially leading to an increase in the price of Bitcoin.